Latest Stories

Construction kicks off on Longkou LNG import plant

21 May 2020

China’s National Petroleum and Natural Gas Pipeline Network Group (PipeChina) has broken ground on an LNG import terminal that is being built in the city of Longkou in Yantai, Shandong Province.

Strike picks AGIG as midstream partner at West Erregulla

21 May 2020

Strike Energy has picked pipeline operator Australian Gas Infrastructure Group (AGIG) as its midstream partner for its West Erregulla natural gas development in Western Australia.

Denmark to build 4 GW of offshore wind

21 May 2020

Denmark has unveiled ambitious plans to build 4 GW of subsidy-free offshore wind capacity on two energy islands in the North and Baltic Seas.

China’s oil demand recovery cannot stop gas investment push

21 May 2020

China’s oil demand may have reportedly bounced back to pre-coronavirus (COVID-19) levels, but it appears that the country’s energy majors intend to prioritise investment in natural gas projects in the year ahead.

UK breaks renewables records in Q1

21 May 2020

2020 has so far been a record-breaking time for renewables in the UK

Zimbabwe launches 500-MW solar tender

21 May 2020

Zimbabwe is to invite bids to install 500 MW of solar capacity

Philippines touts upstream commitment

21 May 2020

The Philippine government is trying hard to convince potential investors that the energy sector is still at the forefront of its priorities, even though the country remains under a coronavirus (COVID-19) lockdown.

US ire on horizon as Venezuelan navy told to escort Iranian tankers bringing fuel relief

21 May 2020

White House officials loathe to see one Trump-sanctioned nation coming to the assistance of another, especially in a presidential election year.

Vietnam rejects oil product import freeze

21 May 2020

The Vietnamese Trade Ministry has reportedly rejected state-owned PetroVietnam’s call for a suspension in petroleum imports in order to boost consumption of local stockpiles.

Pertamina may receive government bailout

21 May 2020

The Indonesian government is reviewing plans to inject IDR128.04 trillion ($8.69bn) into 12 of the country’s state-owned firms, including Pertamina.

Continental seeks relief in North Dakota

21 May 2020

Shale driller Continental Resources has called on North Dakota’s energy regulators to intervene as the oil industry struggles to survive the coronavirus (COVID-19) pandemic, which has exacerbated an existing oversupply.

Shell, Pieridae to try licence transfers again

21 May 2020

Shell Canada – a division of Royal Dutch Shell – and Pieridae Energy are set to engage in a second attempt to transfer licences after the first was blocked by the Alberta Energy Regulator.

Halliburton slashes dividend by 75% in response to oil price crash

21 May 2020

Oilfield services firm Halliburton has said that it is slashing its dividend from $0.18 per share in the first quarter of 2020 to $0.045 per share in the current quarter.

Keystone XL becomes US election issue following Biden pledge

21 May 2020

Presumptive US Democratic presidential nominee Joe Biden has said that he would cancel the approval granted to the Keystone XL pipeline from Canada if he beats US President Donald Trump in November’s election.

NextDecade confirms FID delay on Rio Grande LNG

21 May 2020

US-based NextDecade has confirmed that it will delay its final investment decision on the Rio Grande LNG project, proposed for the Port of Brownsville, Texas, until 2021.

Canada’s offshore industry struggles to stay afloat

21 May 2020

Much has been made of the troubles faced by Canada’s oil sands producers, but the country’s offshore industry is also struggling for survival.

Brazil set to adopt new E27 gasoline specifications in August

21 May 2020

Brazil is gearing up for the introduction of new specifications for E27 gasoline on August 3.

Retail fuel association reports gasoline consumption down in Mexico

21 May 2020

Onexpo, a Mexican retail fuel association, reported last week that gasoline consumption had dropped significantly as a result of the measures introduced to contain the coronavirus pandemic.