Latest Stories

Brazilian leader inches closer to privatisation of Petrobras

5 November 2021

Brazilian President Jair Bolsonaro said again last week that he was considering privatising the national oil company Petrobras and that the government had begun evaluating options for divesting its stake in the firm.

The Dutch Supreme Court overturns previous decision against the Kremlin awarding Yukos’ shareholders $50bn in damages

5 November 2021

The battle between the Kremlin and former Russian oil company Yukos took a new twist on November 5 when the Dutch Supreme Court overturned a decision forcing the Russian government to pay a $50bn arbitration award to the former Yukos shareholders.

The ins and outs of Nord Stream 2's certification

5 November 2021

Exactly when Nord Stream 2 will be up and running is still unclear, but there are three main scenarios outlined in the following analysis.

Pertamina’s gas production exceeds target

5 November 2021

Indonesia’s state-owned Pertamina said this week that it had exceeded its natural gas production target for the first nine months of the year.

Petronas awards shallow-water PSC to POSCO

5 November 2021

Malaysia’s state-owned Petronas has awarded a production sharing contract for offshore Block PM524 to a joint venture led by South Korea’s POSCO International.

Southwestern to buy GEP Haynesville for $1.85bn

5 November 2021

Southwestern Energy announced on November 4 that it had struck a deal to buy GEP Haynesville, a joint venture between GeoSouthern and Blackstone Group unit GSO Capital, for $1.85bn in cash and stock.

Japan’s oil demand jumps amid surging LNG prices

5 November 2021

The country’s power generators are looking to fire up their oil generators as they baulk at near-record spot LNG prices.

JKX announces delisting, share buyback at GBP0.42

5 November 2021

JKX announces delisting, share buyback at £0.42