Latest Stories

Malaysia launches 2022 licensing round

1 February 2022

Malaysia’s state-owned Petronas launched the country’s 2022 licensing round on January 27.

Crisis highlights weaknesses of North Macedonia’s energy system

1 February 2022

The global energy crisis that hit North Macedonia has forced the country to import high-priced electricity from international markets, due to the lack of domestic production.

Naftogaz plans to produce 3.3 bcm of gas and become "gas safe" for Europe

1 February 2022

Naftogaz plans to produce 3.3 bcm of gas and become "gas safe" for Europe

Energoatom has launched all 15 power units

1 February 2022

Energoatom has launched all 15 power units

AfrOil: TotalEnergies hopes to resume Mozambique LNG project in 2022

1 February 2022

Patrick Pouyanné, the CEO of TotalEnergies (France), hopes to see work on the $20bn Mozambique LNG project resume before the end of this year.

LetterOne Group to block Wintershall Dea IPO over Ukraine tensions

31 January 2022

A row over the future of Europe's largest private energy company has escalated, with Russian billionaire Mikhail Fridman's LetterOne conglomerate threatening to block the majority shareholder's efforts to bring the manufacturer to market.

AsianOil: Malaysia launches 2022 licensing round

31 January 2022

Malaysia’s state-owned Petronas launched the country’s 2022 licensing round on January 27.

Hess COO says preparations at Payara 66% finished

31 January 2022

ExxonMobil (US) and its partners in the Stabroek offshore block have reportedly finished about 66% of all preparations for commercial operations at Payara, the third oilfield slated for development at the Guyanese licence area.

Petrobras, Novonor suspend plan to sell Braskem shares

31 January 2022

Brazil’s national oil company Petrobras and NSP Investimentos (Novonor), formerly known as Odebrecht, have decided against selling most of their holdings in Braskem, a locally based petrochemical producer.

TotalEnergies CEO hopes to resume work on $20bn Mozambique LNG project this year

31 January 2022

Patrick Pouyanné, the CEO of TotalEnergies (France), has said he hopes to see work on the $20bn Mozambique LNG project resume before the end of this year.

Ex-management of Bulgargaz to be charged over costly gas imports

31 January 2022

Management of state-owned gas supplier Bulgargaz sacked en masse over its failure to import cheap natural gas from Azerbaijan, worsening energy crisis in Bulgaria.

West-Africa focused FAR Ltd attracts another takeover bid

31 January 2022

FAR Ltd, an Australian company focused on upstream projects in West Africa, reported on January 31 that it had received a takeover bid from the boutique investment management firm Samuel Terry Asset Management.