Latest Stories

Oil producers angry over proposed Trans Mountain pipeline tolls

29 June 2023

Oil shippers on the Trans Mountain pipeline expansion project are challenging proposed tolls filed by government-owned Trans Mountain Corp in Canada.

Pemex budgets nearly $20mn for “Energy Train” upgrade scheme at Madero refinery

29 June 2023

Mexico’s national oil company Pemex has reportedly budgeted MXP338mn ($19.7mn) to cover the cost of upgrade work at the Francisco I. Madero refinery in Tamaulipas State.

Guyana’s draft petroleum law aims to prevent government officials from owning oil and gas blocks

29 June 2023

Guyana's draft Petroleum Activities Bill contains anti-corruption provisions that are designed to prevent government officials and their family members from owning a petroleum licence.

Illegal mining deaths mar Indian efforts to cut back on coal developments

29 June 2023

Illegal mining has long been an issue ignored in the developing world, but in recent months it has become a problem the authorities in India are starting to take more seriously.

GAIL India adds 175-km Gurdaspur-Jammu pipeline to its portfolio

29 June 2023

When complete, the deal will take the total length of GAIL’s operational pipelines across the country to 15,575 km, subject to the possible addition of other proposed pipelines in the meantime.

Oregon County sues oil, coal companies for $51bn over 2021 deadly heat dome

29 June 2023

Oregon’s most populous county has sued more than a dozen oil and coal companies over a deadly heat dome in 2021.

Annual renewable power must triple by 2030 – IRENA

29 June 2023

The world’s annual renewable power production must triple by 2030 to meet the Paris Agreement goal of no more than a 1.5 degree Celsius rise in temperature.

Non-performing loans surge in Ukraine's renewable energy sector

29 June 2023

The number of non-performing loans in Ukraine’s renewable energy sector increased to 51% at the start of May, according to a report from Ukraine’s National Bank (NBU), Ukraine Business News reported on June 29.

Petrobras launches $1.25bn securities issue

29 June 2023

Brazil’s national oil company Petrobras has returned to global debt markets for the first time in two years via the launch of a $1.25bn debt issue.

CGX, Frontera report new discovery at Wei-1

29 June 2023

Canada’s CGX Energy and its joint venture partner Frontera Energy have discovered additional hydrocarbons in Wei-1 well, the second exploration well drill at the Corentyne block offshore Guyana.

TotalEnergies, Petronas, Mitsui team up on Malaysia CCS

29 June 2023

This collaboration aims to evaluate potential CO2 storage sites in the Malay basin, including depleted offshore fields and saline aquifers.

Malaysia’s Anwar argues case for hydrocarbons at Energy Asia forum

29 June 2023

Anwar said oil and gas will be important to ensure affordability and energy supply in Southeast Asia. He argued that meeting net-zero targets “should not come at the expense of economic growth or vice versa.”

20-MW wave-tech project coming to Taiwan via Swedish-Israeli JV

29 June 2023

A Swedish-Israeli firm, Eco Wave Power (EWP), has agreed to enter into negotiations with authorities in Taiwan, with the end goal being the development of introducing wave technology to the country.

Australian-backed 3D seismic search investigates Gulf of Papua

29 June 2023

In conjunction with the Papua New Guinea (PNG) Department of Petroleum, Australian firm Larus Energy has recently been involved in a ground-breaking seismic search of a rarely explored part of Southeast Asia.

Confidence in wind industry rocked by quality problems at turbine maker Siemens Gamesa

29 June 2023

Quality problems at wind turbine maker Siemens Gamesa – one of the world’s largest – have rocked confidence in the wind sector. This followed a surprise statement by Siemens Energy on widespread issues with wind turbines at its subsidiary.

Mountain Valley pipeline gets federal regulatory OK to resume construction

29 June 2023

Equitrans Midstream Corp. has received authorisation from the US Federal Energy Regulatory Commission to proceed with all remaining construction for the controversial Mountain Valley pipeline (MVP).

Karbala refinery set to produce high-octane gasoline

29 June 2023

Iraq’s Oil Products Distribution Company (OPDC) confirmed on June 28 that the Karbala refinery will begin production of high-octane gasoline early next month, saving Iraq from importing $4-5bn of the fuel.