Latest Stories

Canadian rail strike brought to an end

27 November 2019

A tentative agreement has brought a week-long rail strike to an end, allowing crude shipments – among others – on Canadian National Railway trains to resume.

Kazakhstan delays big oil, airline and telecoms IPOs again

27 November 2019

Officials act amid market uncertainty after hired advisers say they should wait on valuations to improve.

Record fall predicted for global coal generation

26 November 2019

New research forecasts falling global coal-fired generation in 2019, as declining output in the EU and US outpaces expansion in Asia

Regal eyes Ukrainian production licences

26 November 2019

Regal owns 100% of MEX-GOL and SV, which span a combined 269 square km and are operated as a single development. The developer acquired a 100% stake in the VAS field, which covers 33.2 square km, in July 2016.

Kazakhstan rejects Karachaganak settlement offer

26 November 2019

Kazakhstan has walked away from a $1.1bn offer the Karachaganak development consortium made in October 2018 in the hope of settling a long-running profit-sharing dispute.

KazMunayGas’s Atyrau petrochemical complex is half finished

26 November 2019

Kazakhstan’s state-owned KazMunayGas is reportedly on track to finish half of the construction work on its petrochemical complex in the western region of Atyrau.

Putin vows to keep working with OPEC on supply cuts

26 November 2019

Russian President Vladimir Putin has said his country will continue working with OPEC to reduce oil production in order to balance the international oil market.

Rosatom rolls out the small modular reactor: a mini-nuclear power station to solve some big problems

26 November 2019

Time is running out for the planet. Next year is a crunch year when CO2 emissions must peak if we are to avoid an ecological disaster. Nuclear power is one of the few options we have. So Rosatom is rolling out small modular reactor (SMR).

Naftogaz open to new deal with Gazprom

26 November 2019

Ukraine’s state-owned Naftogaz has said it is open to reaching a new natural gas supply and transit contract with Russia’s state-run Gazprom.

Senegal discusses gas-to-power plans

26 November 2019

Senegal’s Petroleum and Energy Minister Mahamadou Makhtar Cisse said last week that his country was keen to use its offshore reserves of natural gas as fuel for electricity generation.

Sonatrach sees pipeline gas sales sinking, spot LNG sales rising

26 November 2019

Sonatrach, Algeria’s national oil company (NOC), anticipates a sharp drop in natural gas sales this year.