Latest Stories

Japanese companies sell Mexico gas and power provider to Actis fund

23 September 2021

A group of four Japanese companies has agreed to sell MT Falcon Holdings, a Mexican operator of natural gas pipelines and gas-fired thermal power plants (TPPs), to the British fund Actis.

Venezuela will not reform key petroleum law this year

23 September 2021

Venezuela’s National Assembly is not planning to make any changes to the national oil and gas law this year, despite the slump in the country’s crude output.

Guyana grants crude sales contract to Aramco subsidiary

23 September 2021

The government of Guyana has awarded a unit of Saudi Aramco, the national oil company of Saudi Arabia, a contract to market its share of the crude produced in the country.

Argentina sends new oil, gas investment bill to Parliament

23 September 2021

The government of Argentina has sent a bill designed to promote investment in the oil and gas industry to the National Congress.

Green Deal, CBAM poses high risks to poorer African, Eastern European countries

23 September 2021

The EU’s Green Deal and Carbon Border Adjustment Mechanism will hit the EU’s trading partners in Africa and non-EU Eastern Europe particularly hard.

bneGREEN: Western Balkans power plants in doubt after China to drop overseas coal projects

23 September 2021

What Chinese President Xi Jinping’s commitment not to back new coal-fired power plants abroad means for Bosnia and Serbia’s plans to invest into more coal power capacity.

Carnarvon looks to speed up Buffalo production timeline

23 September 2021

Australian independent Carnarvon Petroleum is looking to speed up its timeline for first production at the shallow-water Buffalo oilfield redevelopment in the Timor Sea before it has even spudded its first well.

APPEA defends NT gas projects

23 September 2021

Australia’s upstream industry has been busy this week promoting the environmental benefits of the Northern Territory’s shale gas developments.

SKK Migas calls for greater gas grid development

23 September 2021

Indonesia’s upstream regulator said this week that the country needs greater investment in natural gas pipelines if it hopes to unlock the full potential of its reserves.

CIL signs CBM development deal with Prabha Energy

23 September 2021

State-run Coal India Ltd has reached a deal with Prabha Energy for the commercial extraction of coal-bed methane (CBM) from one of its one blocks.

Legal action over South Africa’s emergency supplies could delay start-up

23 September 2021

DNG Energy’s legal action in the South African courts over corruption in the award of emergency power contracts could delay the start of supply beyond the planned date of August 2022.

South Korea to raise power prices

23 September 2021

South Korea has blamed rising LNG, coal and oil prices for its decision to raise retail power prices by KRW3 ($0.0025) per kWh from October, its first such increase since 2013.

Canadian election heightens oil sector concerns

23 September 2021

The re-election of the Liberal Party has deepened the oil and gas sector’s uncertainty about the future.