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TotalEnergies to resume Lebanon offshore work; Israel and PNA discuss Gaza Marine
Operator TotalEnergies and its partners have secured the TransOcean Barents drilling rig with the intention to begin drilling in the southern Block 9 most likely in September this year.
Egypt’s foreign minister says Cairo won't bring GERD issue before UN Security Council, despite Ethiopia row
ARDA pushes to expand African LPG consumption
The African Refiners and Distributors Association (ARDA) has made note this week of low LPG consumption rates in Africa.
CEZ Q1 profit plunges 60% to CZK10.8bn
Alberta wildfires halt 3.7% of Canada's oil, gas production
Alberta, Canada’s oilpatch, has been undergoing wildfires that have shut in at least 3.7% of national oil and gas production as well as some pipelines. The halted production is an estimated 319,000 barrels of oil equivalent per day.
US pipeline regulator seeks to tighten methane rules
The US pipeline regulator has proposed new rules to tighten methane leaks, and they are already being questioned by Republican lawmakers.
Enbridge reaches toll agreement with Mainline shippers
Enbridge Inc said it has reached a toll agreement with shippers for its Mainline oil pipeline system out to 2028.
Four oil sands producers beat expectations in first quarter
Three out of four major oil sands oil producers have posted higher-than-expected profits on tight supplies of crude and rising demand.
Canada launches formal probe into Imperial’s oil sands leak
Canada’s federal government has opened a formal investigation into Imperial Oil’s leak from an oil-sands tailings pond leak at its Kearl site. This means that a prosecution could occur.
UK renewables firm Savannah Energy to develop up to 200 MW of solar capacity in Niger
Savannah Energy, a British renewable energy company, has signed a memorandum of agreement with the government of Niger to develop up to 200 MW of solar photovoltaic capacity.
Shale driller EOG Resources tops first-quarter estimates
EOG Resources’ revenue rose to $6bn in the first three months of 2023, up 52% on a year earlier and beating analysts’ average estimates of $5.5bn.
AfrElec: Zimbabwe earmarks $1bn to build 12 dams for power generation, irrigation, drinking water
Mystery fleet transports at least 83mn barrels of Russian crude to India
Two years ago, Gatik Ship Management (GSM) was an unknown shipping firm in India with just two small chemical tankers valued at $100,000 on its company manifest. Today, although the firm remains unknown, it now owns a fleet of 58 vessels.
Indian LPG import terminal to see major investment
Just weeks after the Dhamra LNG terminal on India’s eastern seaboard was commissioned, plans have been announced to boost capacity handling at another import gas gateway on the west coast.
China boosts 1Q offshore oil and gas output
Oil and gas production from China’s offshore assets rose during the first quarter of 2023, news agency Xinhua has reported. Offshore oil output increased by 3.8% and natural gas rose by 6.5%.
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