Latest Stories

Canadian energy regulator denies variance for Trans Mountain expansion

8 December 2023

The Trans Mountain Expansion (TMX) pipeline project may be delayed after the Canada Energy Regulator (CER) denied a request for a variance.

Michigan regulators okay Great Lakes tunnel for Line 5

8 December 2023

Michigan regulators have approved an application by Canada’s Enbridge to build a single-line tunnel for its ageing pipeline under the Straits of Mackinac, in the Great Lakes.

Ukraine urges energy conservation amid power shortage

8 December 2023

Ukraine is facing a power shortage and Prime Minister Denys Shmyhal has urged citizens to turn out the lights and avoid using washing machines to conserve electricity.

Russian Rosatom could ship first LNG on Northern Sea Route by April 2024

8 December 2023

Russian nuclear energy agency and contractor Rostatom could send icebreakers to escort liquefied natural gas tankers of gas major Novatek on the Northern Sea Route (NSR) to the Asian market between January and April 2023.

SOFAZ revenues from the sale of profitable oil and gas exceeded $7.6bn for past 11 months

8 December 2023

Receipts to the State Oil Fund of Azerbaijan (SOFAZ) from profitable oil and gas sales from the Azeri-Chirag-Gunashli (ACG) block and the Shah Deniz field from January-November 2023 totalled $7.66bn.

South Africa expected to appoint Dan Marokane as new CEO of power utility Eskom

8 December 2023

South Africa expected to appoint Dan Marokane as new CEO of power utility Eskom

Poland’s Orlen Synthos Green Energy receives permit for six SMR projects

8 December 2023

Orlen Synthos Green Energy, a joint venture between Poland's state-owned oil and gas company Orlen and the industrial group Synthos, received a so-called decision-in-principle for the development of six small modular reactors in various locations.

Pertamina nears final investment decision for LNG Abadi Block Masela project

8 December 2023

Indonesia-owned gas company Pertamina is on the brink of making a crucial final investment decision for the LNG Abadi Block Masela project in the Tanimbar Islands

PLN and Hydrogen de France join forces for renewable energy advancements in Indonesia

8 December 2023

In a move towards sustainable energy initiatives, Indonesia-owned electricity company PT PLN has entered into a business agreement with Hydrogen de France, a French company

Chevron announces $16bn 2024 capex budget

8 December 2023

Chevron has announced a capital expenditure range of $15.5 to $16.5bn for consolidated subsidiaries, and an affiliate capex budget of around $3bn for 2024, an increase of 11% compared with 2023.