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NFE’s Pennsylvania LNG project paused
New Fortress Energy’s (NFE) $800mn LNG plant in Pennsylvania has been paused, according to environmental groups opposing the project.
Hess to strongly consider fourth rig for North Dakota
Hess has revealed it is giving “strong consideration” to adding a fourth drilling rig next year to its Bakken operations in North Dakota if oil prices remain high.
Forty gas distribution stations in Ukraine remain shut down
Forty gas distribution stations in Ukraine remain shut down
Saudi Arabia once again China's top oil supplier
UK's Kibo Energy acquires 100MW solar farm in Zimbabwe
ING: Pressure to reduce Russian gas dependence builds – but there’s no silver bullet for sectors
Corporate decision-makers have a handful of measures available to them to significantly reduce gas demand from Russia. Gas to coal switching, curtailment of industrial production and lowering thermostats can have a big impact.
InfraCo Africa invests $3.8mn in Kenya’s Globology to expand Waterbus passenger transport operations on Lake Victoria
InfraCo Africa has signed with Globology Ltd a shareholders’ agreement for investing $3.8mn to expand Waterbus passenger transport operations on Lake Victoria in East Africa.
AfDB announces $2.8bn investment in South Africa, including for renewable energy transition
The African Development Bank President, Akinwumi Adesina, has pledged the banks support for SouthAfrica by announcing a $2.8 billion package over a period of 5 years.
Ghanaian government to reduce fuel prices; COPEC disappointed
Prices of petroleum products have seen a persistent rise due to a number of factors including the cedi depreciation against the US dollar, product availability due to tensions from Eastern Europe among others.
Slovenia in talks with Qatar on gas supply opportunities
Croatia's INA to pay €13 per share dividend for 2021
Think-tanks say total halt to EU Russian gas imports possible by 2025
The EU stands a good chance of replacing 100% of its gas imports by 2025 without resorting to coal or new gas import infrastructure.
ANP head comments on projected pace of Brazil’s oil production increase
Rodolfo Saboia, the director-general of Brazil’s ANP, said last week that his country was on track to raise its hydrocarbon production by 3mn barrels of oil equivalent per day by the end of the decade.
Pemex may change schedule for halting crude oil exports
Mexico City is reportedly considering keeping oil export volumes at 1mn bpd temporarily in order to earn more revenue to cover fuel subsidy expenditures.
UTM Offshore hopes to sign FEED contract for Nigerian FLNG project next month
UTM Offshore expects to sign a front-end engineering and design (FEED) contract for its floating LNG project at the Yoho offshore oilfield sometime in April.
Researchers say Mexico’s gas flaring volumes continued to rise in 2021
The Colorado School of Mines’ Earth Observation Group (EOG) has updated its dataset to show that Mexico’s associated gas flaring volumes continued to rise last year.
GO-Invest highlights potential of Block C, Takutu basin
The Guyana Office for Investment (GO-Invest) has published a new prospectus highlighting some of the country’s unlicensed onshore and offshore sites.
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