Latest Stories
AsiaElec: South Korea under pressure to phase out coal power
South Korean civil society groups have called on the government to accelerate the retirement of existing coal plants and block the construction of new projects.
ADNOC scraps more refining plans
Japanese consortium sells 5% stake in Venezuela’s Carabobo Project 3
A consortium formed by three Japanese companies has sold its 5% stake in Venezuela’s Carabobo Project 3. Inpex, one of the consortium’s members, has said that the sale will allow it to quit the South American country.
Brazilian president mulls Petrobras privatisation
Brazilian President Jair Bolsonaro is considering privatising Petrobras, the national oil company, as gasoline prices continue to rise.
ExxonMobil submits EIA for Yellowtail
ExxonMobil has submitted documents to Guyana’s Environmental Protection Agency (EPA) outlining its plans for development of Yellowtail, an oilfield within the offshore Stabroek block.
Argentinian gas producers file four export requests in first half of October
Energy companies operating in Argentina have filed several more natural gas export requests, mostly of them concerning planned deliveries to Chile.
ANP delays new gas rules by up to a year
Brazil’s state-run oil and gas regulator, the National Agency of Petroleum, Natural Gas and Biofuels (ANP), has delayed by up to one year updates to 10 key rules and regulations related to liberalisation of domestic natural gas markets.
Halliburton narrowly beats third-quarter earnings estimates
Oilfield services giant Halliburton has beaten analyst estimates with its third-quarter results, which were announced this week.
Talos, TechnipFMC partner on Gulf Coast CCS
Offshore producer Talos Energy and oilfield services firm TechnipFMC announced this week that they were partnering to develop carbon capture and storage (CCS) capacity on the US Gulf Coast.
Slovenia records highest hike in electricity prices in EU in H1
Balkan Stream countries hope to avoid worst of international gas crisis
While the debate rages over the Nord Stream 2 pipeline, a separate pipeline system carrying Russian gas to Southeast Europe has been quietly opened over the last few years, which enables the countries on its route to avoid the worst of the gas crisis
Azerbaijani oil price rises by 0.5%
Rosatom director general to visit Armenia to discuss construction of new nuclear power plant
Ukraine to be self-sufficient in gas and abandon imports within five years – Naftogaz
Ukraine will be able to fully supply itself with gas and abandon gas imports entirely within five years, Yuriy Vitrenko, chairman of the Ukraine’s national gas company Naftogaz said during a conference in Kyiv.
Azerbaijan to adopt new law on energy in July 2022
ExxonMobil board reportedly weighs scrapping $30bn LNG project in Mozambique
Following a reshuffle on its board of directors, ExxonMobil is debating whether to continue with several major oil and gas projects, including the $30bn Rovuma LNG initiative in Mozambique, the Wall Street Journal reported on October 20.
BW Energy brings online Tortue Phase 2 project offshore Gabon
China to lend Zimbabwe’s power company $1bn for new coal-fired units
The Export-Import Bank of China (China Exim Bank) has agreed to help Zimbabwe Power Co. (ZPC) cover the cost of building new coal-fired units at the Hwange thermal power plant.
Follow us online