Latest Stories

Mexico’s president finds new enthusiasm for reform – up to a point

11 September 2019

Mexico's president is opening up new opportunities for private investors but still has unrealistic expectations about what Pemex can achieve in a year.

China outmanoeuvres India in game of zones

11 September 2019

China’s continuing efforts to expand its influence throughout the Asia-Pacific region have unnerved India for many years, with New Delhi striving to counter Beijing’s influence wherever it can.

Brazil wraps up first round of Open Acreage programme auctions

11 September 2019

Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) has successfully auctioned off 33 blocks in the first round of its Open Acreage programme.

Buru welcomes WA fracking changes

11 September 2019

Buru Energy has welcomed Western Australia’s decision to lift its state-wide moratorium on hydraulic fracturing.

Cosmo Oil stockpiles LSFO ahead of IMO 2020

11 September 2019

Japanese refiner Cosmo Oil has begun stockpiling low-sulphur fuel oil (LSFO) produced at its Chiba refinery ahead of a new global maritime fuel standard set to come into force in January.

Petronas buys SK408 production for Bintulu LNG

11 September 2019

Malaysia’s state-owned Petronas has agreed to buy natural gas produced from the offshore SK408 production-sharing contract (PSC), co-operator Sapura Energy has revealed.

Strike, Warrego score gas trifecta at WA block

11 September 2019

Australian independent Strike Energy announced on September 6 that natural gas had been discovered in all of onshore Block EP 469’s three formations.

Pertamina seeks partner to develop Rokan oil block

11 September 2019

Indonesia’s state-owned Pertamina is looking for a strategic partner to help boost output from the Rokan oil block as it gears up to take over the licence in 2021.

Green light for Arctic LNG 2

11 September 2019

Russia’s Novatek has greenlighted the development of its second LNG export project in the Arctic, as it sets its sights on becoming one of the world’s leading LNG producers.

Czech energy giant CEZ buys a stake in German solar start-up Zolar

11 September 2019

CEZ executive calls Zolar the "pioneer of an innovative, decentralised model for purchasing rooftop solar systems".

Valero, Darling to build renewable diesel refinery in Texas

10 September 2019

Valero Energy and Darling Ingredients said on September 9 that they are planning to build a renewable diesel refinery in Port Arthur, Texas, through their 50:50 Diamond Green Diesel joint venture.

Canadian court allows new challenges to Trans Mountain expansion

10 September 2019

Canada’s Federal Court of Appeal has agreed to hear appeals against the approval of the Trans Mountain pipeline expansion project.

Crescent Point sells all Uinta assets, some in Saskatchewan

10 September 2019

Crescent Point Energy has agreed to sell all of its assets in the Uinta Basin, as well as some in Saskatchewan, to several parties for a combined CAD912mn ($693mn).

Iran, Saudi Arabia vie for India’s affections

10 September 2019

Middle Eastern rivals Iran and Saudi Arabia have expressed their commitment to supplying India with oil and gas as they vie to deepen their relationships with the world’s third largest energy consumer.

Gunvor bids low in Pakistani LNG tender

10 September 2019

Gunvor has reportedly emerged as the lowest bidder for most of the cargoes in Pakistan’s recent spot liquefied natural gas (LNG) supply tender.