Latest Stories

Brazil’s 3R seeks partners, divestments in infrastructure in the Potiguar Cluster

15 August 2023

3R Petroleum is seeking partnerships and divestments of some assets in the industrial asset of Guamare, in the Potiguar Cluster in Rio Grande do Norte state, Brazil Energy Insight reported on August 1.

Argentina's Enarsa cancels LNG cargo amid lower demand due to warmer weather

15 August 2023

Argentina’s state-run energy company Enarsa has cancelled a shipment of liquefied natural gas, a source familiar with the matter revealed. This comes as the South American country experiences warmer winter weather than what was previously expected.

First green hydrogen plant at industrial level opens in Chile

15 August 2023

The supermarket chain Walmart Chile has inaugurated the country’s first green hydrogen production plant at an industrial level, located in its distribution centre in Quilicura in the Metropolitan region.

Moldova to slap fine on gas grid operator for failing to spin off from parent firm

15 August 2023

Moldova’s national energy regulator plans to slap a fine on gas grid operator Moldovatransgaz for failing to follow through on its commitment to spin off from parent company Moldovagaz, which is half-owned by Russia’s Gazprom.

Colombia’s proposed Pacific LNG project receives first bid

15 August 2023

Colombia’s long-delayed Pacific LNG import terminal received its first bid to build and operate the country’s second LNG facility, BNamericas reported on August 12.

Kazakhstan to extend ban on LPG exports

15 August 2023

The Kazakh draft law proposes a ban on LPG exports via road and rail by three years and half a year respectively, TASS reported on August 9, citing a copy of the order that was published by the government for public discussion until August 18.

Russian Urals prices at west ports soar to $70-80 per barrel

15 August 2023

The free-on-board price of Russia’s Urals oil, loaded at Baltic and Black sea ports, has risen to above $70 per barrel, the International Energy Agency reported on August 11

Guyanese, Ghanaian companies team up to offer tech training for oil and gas industry jobs

15 August 2023

Compton Harris, the CEO of Guyana’s e-magic, said his company had teamed up with Ghana’s West Coast Gas to expand training in oil and gas technologies.

Kazakhstan makes fresh push for upstream investment with new subsoil auction

15 August 2023

Kazakhstan is aiming to revive oil and gas exploration activity, planning to hold an online auction on October 20 to attract new operators for five fields and six exploration blocks in the Aktyubinsk, Mangistau, West Kazakhstan and Atyrau regions.

Suriname offers future oil profits to bondholders to exit its default

15 August 2023

Suriname has entered an agreement with bondholders to escape its default. In exchange for providing bondholders with a cut of its future oil profits, part of the nation’s sovereign debt will be forgiven.

Turkmenistan hits back against Russia's "gas union" proposal

15 August 2023

Russia’s suggestion that more countries join its so-called “gas union” with Kazakhstan and Uzbekistan has prompted a stern rebuke from Turkmenistan, warning Moscow against trying to expand its influence over the Central Asia-China gas pipeline.

First Arctic LNG-2 train arrives at project site

15 August 2023

Russia’s Novatek has announced the delivery of the first train of its planned Arctic LNG-2 terminal to the project site on the western shore of the Gydan Peninsula in the Arctic, ahead of its scheduled launch before the end of the year.

Iran's South Pars gas field's Phase 11 commences production amid decades of delays

15 August 2023

The long-anticipated Phase 11 of the South Pars gas field has commenced production, marking a significant milestone in Iran's oil and gas sector. As of August 12, four wells in Phase 11 began early-stage gas production.

Central Asia: Low water levels on Irtysh River create quandary for Kazakhstan

15 August 2023

An update on recent developments in Chinese-Russian-Central Asian affairs.

Hanoi’s long-term power-plan a mix of renewables, LNG and always … coal

15 August 2023

The Vietnamese government has underscored its commitment to reach net zero by 2050. In the same timeframe Hanoi has shown on paper at least it is trying to raise the percentage of renewable power in the mix to between 80% and 85% of the total.

Monsoon wind power project sets wheels in motion for Laos' renewable energy future

15 August 2023

The Monsoon Wind Power Project in Laos has taken a significant stride towards its completion as the installation of wind power turbines commences following the arrival of the turbines and blades from Thailand on Saturday, 12 August.