Latest Stories

Russia allows Rosneft to send duty-free fuel to Georgian breakaway regions

27 November 2023

The Russian government is prepared to provide state-owned oil major Rosneft with an exclusive right to export fuel duty-free to the Georgian breakaway regions of Abkhazia and South Ossetia.

Nigeria approves deal with Portland Gas to build CNG conversion sites

27 November 2023

The Federal Government of Nigeria has announced a strategic partnership with Portland Gas to construct compressed natural gas (CNG) conversion sites across the country, Nairametrics has reported.

Indian Oil plans to double Ennore LNG terminal capacity amid push for more gas

27 November 2023

Indian Oil Corp will double the capacity of the Ennore LNG import terminal in the country’s south-eastern state of Tamil Nadu, the firm’s executive director for gas business announced on November 24.

$20bn Dangote Petroleum Refinery to list on Nigerian Exchange

27 November 2023

Speaking to the Financial Times, Dangote revealed that the refinery would be floated on the NGX as a separate company, in what will be a significant development for the Nigerian bourse.

Indonesian President Joko Widodo launches carbon capture, utilisation and storage project in West Papua

27 November 2023

Indonesian President Joko Widodo inaugurated the development of the carbon capture, utilisation and storage project in West Papua on November 24

Malaysia's biojet fuels from palm oil byproducts offers biomass potential

27 November 2023

The production of biojet fuels from empty fruit bunches biomass is emerging as a pivotal solution for palm oil-producing nations, particularly Malaysia

South Africa goes back to Stage 6 power outages

27 November 2023

South Africa has returned to higher stages of power outages, or load shedding, with the state-owned power utility Eskom implementing stage 6 of rolling blackouts across the country.

Maritime transportation company ELPI secures new contract for platform support vessel operation in Sarawak, Malaysia

27 November 2023

During the National Capacity Forum III event in 2023 held at the Jakarta Convention Centre on November 24, the maritime transportation company PT Pelayaran Nasional Ekalya Purnamasari Tbk secured a new contract in Sarawak, Malaysia.

Power cut for half a million people and four die as worst storm in 100 years hits Crimea

27 November 2023

Oleg Kryuchkov, an adviser to the peninsula's Russian governor, said 498,000 people in Crimea have been left without electricity due to the extreme weather.

Angola set to remain in OPEC+ despite spat over quotas, official says

26 November 2023

Angola, Africa’s second-biggest crude producer, has no plans to leave the 23-nation OPEC+ coalition, an official said, following a wider dispute over output quotas that delayed the group’s meeting.

Gazprom to cut 2024 investment programme by 20%

26 November 2023

Russian natural gas giant Gazprom will cut its 2024 investment programme by 20% year on year to RUB1.57 trillion ($18bn), the company announced. Gazprom had previously cut its 2023 investment programme to RUB2 trillion.

Pemex’s Texas Deer Park refinery hits 16-year operational peak

26 November 2023

The Deer Park refinery, nestled in Houston, Texas, has achieved its most impressive operational and financial performance in over 16 years after Mexico’s state-owned energy major Pemex took over the facility.