Latest Stories

Tullow discoveries in Guyana turn out to be heavy sour crude

14 November 2019

Tullow has suffered a setback, as its Orinduik block offshore Guyana holds heavy sour crude.

Pemex suffers ransomware attack

14 November 2019

Mexico’s national oil company (NOC) Pemex was hit by a ransomware attack at the weekend and is still feeling the effects of this cybersecurity breach.

Tango LNG loads first commercial cargo

14 November 2019

Argentina’s national oil company (NOC) YPF has loaded its first commercial cargo of LNG from Tango, a floating gas liquefaction facility.

Grain LNG considers expansion as open season continues

14 November 2019

An open season to gauge interest in capacity at the UK’s Grain LNG facility started earlier this month, as the terminal prepares for the expiry of current contracts.

AfDB abandons coal in Africa

13 November 2019

The AfDB will not fund Kenya's Lamu coal project, but Beijing is unlikely to walk away from coal as a key tool of its investment strategy in Africa

JXTG unlikely to invest in Aramco IPO

13 November 2019

Japan’s largest refiner has cast some serious doubt over whether Saudi Aramco’s long-awaited initial public offering (IPO) will able to attract Japanese investment.

Uganda tests tertiary recovery methods for Lake Albert oilfields

13 November 2019

The Petroleum Authority of Uganda (PAU) has launched a pilot programme that involves using tertiary recovery methods to increase yields at crude oil deposits.

Comet seeks environmental approval for Queensland block

13 November 2019

Australia junior Comet Ridge has begun work to secure environmental authority (EA) for a coal-bed methane block in Queensland, the company said on November 12.

Strike claims one of Australia’s largest onshore gas finds

13 November 2019

Australian independent Strike Energy has said its block in the Perth Basin could hold one of the country’s largest ever conventional onshore gas discoveries.

Permian flaring reaches new high

13 November 2019

The flaring and venting of natural gas has reached a new all-time high in the Permian Basin, where it is a by-product of drilling for oil.