Latest Stories
CPC to invest $300mn in repair works in 2023
Romanian hydropower giant Hidroelectrica launches IPO
17.3% of Hidroelectrica for sale as long-awaited IPO begins on Bucharest Stock Exchange.
CER forecasts drop in Canadian oil production under net-zero scenarios
The Canada Energy Regulator has projected that the country’s oil production could fall by up to 76% depending on how quickly Canada and the rest of the world reach net-zero emissions
ASX-listed explorer Invictus Energy plans to sell part of its 80% stake in Zimbabwe natural gas project
Judge orders shutdown on section of Enbridge’s Line 5 within three years
Canada’s Enbridge is planning to appeal against a court order to shut down a portion of its Line 5 pipeline that crosses tribal land in Wisconsin within three years
ExxonMobil’s next steps in Guyana
ExxonMobil appears to be more interested in making a thorough study of Stabroek than in bidding for new offshore assets.
Pakistan’s Gwadar ambitious to become LNG hub despite present lack of Turkmen gas flows
Iraqi refining news gives pause for optimism
Qatar signed a deal this week to develop an oil refinery in Iraq, while the rehabilitation of another facility supports a broader positive trend in the Iraqi downstream.
The end of Russian gas in Europe? Gazprom-Ukraine deal unlikely to be renewed, says energy minister Herman Halushchenko.
Gazprom, Russia’s national energy giant, is unlikely to renew its contract with Ukraine, jeopardising the last route for Russian gas to Europe, the Financial Times reported on June 22.
Venezuela selects three projects to promote gas development, report says
Venezuela is looking to accelerate development of the country’s natural gas industry and has identified three projects as the best means of achieving this goal.
Possible lease of Ghana's Tema Oil Refinery (TOR) to little-known asset manager Torentco under fire
Woodside makes FID on ultra-deepwater Trion project
Australia’s Woodside Energy has taken a final investment decision to proceed with development of Trion, an ultra-deepwater field located off the coast of the Mexican state of Tamaulipas.
Argentina launches President Nestor Kirchner Gas Pipeline
Argentina hit a milestone on June 20 as it began loading natural gas into a new pipeline built to handle production from the Vaca Muerta shale formation.
EU and EBRD extend €70mn in financing to Turkey’s transport ministry for maritime decarbonisation project
Civitas to enter Permian by buying $4.7bn worth of assets
Civitas Resources announced on June 20 that it had signed two definitive agreements to acquire oil-producing assets worth a combined $4.7bn in the Permian Basin.
South Africa's Sasol, Danish partner Topsoe sign deal to jointly produce sustainable aviation fuel (SAF)
Colombia’s finance minister says no immediate halt to oil, coal exports
Colombia’s Finance Minister Ricardo Bonilla says the country will continue extracting fossil fuels for an extended period of time, until it could establish reliable alternative sources of revenue.
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