Latest Stories

B.Braun Indonesia unveils 1.2 MWp solar power plant development

24 January 2024

German pharmaceutical manufacturer B.Braun Indonesia has inaugurated a 1.2 MWp solar power plant at its pharmaceutical facility in Karawang, West Java

Malaysia maintains February export duty for crude palm oil at 8%

24 January 2024

Malaysia, the world's second-largest palm oil producer, has decided to retain its export duty for crude palm oil at 8% for February

Exploring Germany's long-term gas deal with Norway

24 January 2024

Germany last month committed to a 10-year natural gas supply agreement with Norway, providing it with a source of stable and affordable energy to replace lost Russian deliveries.

TAQA cashes out of Atrush amid slow Iraqi pipeline progress

24 January 2024

The Emirati firm had previously expressed plans to retain certain oil and gas assets, but its divestment programme has resumed.

Latvian government urges businesses to phase out Russian LPG imports

24 January 2024

The Latvian government called on local companies to end Russian liquid petroleum gas imports as soon as possible and to adapt in time to the expected sanctions, Prime Minister Evika Silina (New Unity) said on January 22.

BP began a five-year 4D seismic programme at ACG worth $370mn

24 January 2024

According to the company, the 4D seismic exploration programme is aimed at studying the Balakhany and Fasilya productive formations in the ACG block. It will cover an area of ​​740 square km under the seismic source.

Solar power plant planned at Sevojno copper rolling mill

24 January 2024

The Sevojno copper rolling mill company in Serbia has outlined plans to establish a solar power plant, according to statements made by Minister of Economy Slobodan Cvetković during his recent visit.

Russia becomes China’s largest supplier of oil in 2023

23 January 2024

China imported a record 107mn tonnes of crude from Russia in 2023, almost 25% more year on year.

Lukoil’s refinery accident cuts Russian downstream output

23 January 2024

The accident at the NORSI refinery of Russia’s second-largest oil producer Lukoil has cut Russia’s processing of crude oil by about 11,000 barrels per day to 5.5mn bpd from January 11 to 17.

Biden urged by natural gas coalition to avoid pausing LNG export approvals

23 January 2024

US President Joe Biden has been urged by a group of natural gas producers and pipeline companies to reconsider against any action to pause US LNG export approvals.

Trinidad and Tobago opens talks with Europe on supply of LNG

23 January 2024

Trinidad and Tobago is in the midst of negotiations with countries in Europe on supplying them with LNG produced from Venezuelan gas.

Gas exporting countries expect tight LNG market until 2026

23 January 2024

Tight global LNG markets have been forecast until 2026 by the Gas Exporting Countries Forum (GECF).

India in talks with Iran to resume oil imports amid Houthi attacks

23 January 2024

India is considering the reinstatement of crude oil shipments from Iran amid attacks by Yemen’s Houthis on maritime trade in the Red Sea and Gulf of Aden.

Guyana to consult with international advisors on 2024 oil blocks auction

23 January 2024

The government of Guyana is set to consult with international advisors over the possibility of holding an oil blocks auction in 2024, Vice President Bharrat Jagdeo confirmed during a press conference.

Switzerland's ABB wins bid to build electrical system for Guyana's FPSO oil-producing vessel

23 January 2024

Swiss automation technology provider ABB Energy Industries has won a bid to manufacture the complete electrical system for the Errea Wittu FPSO vessel, which is set to operate in ExxonMobil’s Uaru field.

Guyana VP labels Gas-to-Energy project opponents as "hopelessly misguided"

23 January 2024

Guyanese Vice President Bharrat Jagdeo labelled Gas-to-Energy project opponents Elizabeth Deane-Hughes, Vanda Radzik, and international lawyer Melinda Jankifor as “hopelessly misguided”.

Melting of Greenland ice sheet far worse than expected

23 January 2024

Greenland is losing 30mn tonnes of ice every hour, says a new study, 20% more than had previously been estimated.