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Russian internet major Yandex outlines ESG goals
Among Yandex's ESG priorities are reducing its carbon footprint, mainly from data centres and fuel use.
ExxonMobil Guyana reports new find at Stabroek’s Longtail-3 well
ExxonMobil Guyana, a subsidiary of US-based ExxonMobil, has announced the discovery of new hydrocarbon reserves in Longtail-3, an exploration well drilled at the Stabroek block offshore Guyana.
Rosneft brings new traders on board at Vostok Oil
Enbridge to sell Noverco stake for $943mn
Canada’s Enbridge announced on June 7 that one of its subsidiaries had struck a deal to sell its 38.9% non-operating interest in Noverco, a Montreal-based natural gas distributor, to majority owner Trencap.
Peru holds presidential election, and leftist candidate appears to be ahead
Peruvian voters went to the polls on June 6 to cast ballots in the second round of the presidential election, the outcome of which may have a significant impact on the country’s oil and gas industry.
Yinson to carry out pre-FEED study for FPSOs in Suriname, Angola
Malaysia’s Yinson Holdings has won a contract from TotalEnergies (France) for a pre-FEED study of two FPSO units that the latter company will use to develop fields offshore Suriname and Angola.
President Energy signs farm-out deal for Pirity concession
AIM-listed President Energy reported earlier this week that it had arranged to reduce its 100% stake in the Pirity concession in Paraguay under a farm-out deal.
Drilling resumes at Jabillo-1
ExxonMobil (US) and its partners have resumed work at Jabillo-1, the second exploration well at the Canje block offshore Guyana.
Road blockades lead Petroecuador to declare force majeure on Eden Yuturi oilfield
Petroecuador, the national oil company (NOC) of Ecuador, declared force majeure on the Eden Yuturi oilfield last week, reporting that road blockades had disrupted development operations at the site.
Karoon Energy makes FID on Patola
Karoon Energy (Australia) said last week that it had made a final investment decision (FID) on the development of Patola, an oil-bearing section of Block BM-S-40 in the Santos basin offshore Brazil.
Frontera prepares to resume work at CPE-6 after brief suspension
Frontera Energy (Canada) said on June 7 that it was preparing to resume work at Block CPE-6 in Colombia.
State Gas unearths new CBM play in Queensland
Australian independent State Gas has announced that a second well on its wholly owned coal-bed methane (CBM) project in Queensland has confirmed a new gas play.
Indonesia considers broader upstream stimulus
Jakarta has been selective when deciding which developers may access its upstream stimuli, but a series of announcements suggest it may be ready to adopt a more relaxed approach.
Eni strikes gas in Indonesia's deep waters
Italian major Eni has announced the discovery of natural gas at its deepwater West Ganal block offshore Indonesia.
Canada’s oil sands producers form net-zero alliance
Five major Canadian producers announced this week that they were forming an alliance that will work together to achieve net-zero greenhouse gas (GHG) emissions from the country’s oil sands by 2050.
Woodside to make Pluto LNG carbon neutral by 2050
Australian developer Woodside Energy aims to make its Pluto liquefied natural gas (LNG) facility carbon neutral by 2050.
Hibiscus buys five offshore assets in Malaysia, Vietnam from Repsol
Malaysian independent Hibiscus Petroleum has agreed to buy Spanish major Repsol’s Malaysian upstream assets as well as a block in Vietnam for $212.5mn.
World Bank loans Turkey $265mn to improve earthquake resilience and energy efficiency of public buildings
Santos, Beach win government funding for Moomba CCS project
Australian developers Santos and Beach Energy’s Moomba carbon capture and storage (CCS) project in South Australia has been awarded a AUD15mn ($11.6mn) grant from the federal government.
FERC approves two gas pipeline projects
The US Federal Energy Regulatory Commission (FERC) has approved two new natural gas projects, plus upgrades to existing infrastructure on a third.
Swedish court ‘dismisses challenge by Turkish importer Akfel Gaz in price dispute with Gazprom’
Consolidation wave shows no signs of slowing
The wave of consolidation sweeping the US oil and gas industry shows no sign of slowing, with yet more new deals announced in recent days.
Excelerate FSRU comes online offshore Argentina
Excelerate Energy announced last week that its Exemplar floating storage and regasification unit (FSRU) had started operations offshore the Argentine port of Bahia Blanca.
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