Latest Stories

AfrElec: Nigeria’s PowerGen secures $9mn project financing for mini-grid project

28 July 2021

Nigerian power developer PowerGen has secured project financing to build 28 distributed renewable energy (DRE) systems using solar PV and battery technology in rural areas.

Shell announces new Gulf FID with Whale

28 July 2021

A Royal Dutch Shell subsidiary announced this week that it had made a final investment decision on the Whale project in the US Gulf of Mexico.

Czech industry ministry signs memorandum to back country's first EV battery plant

28 July 2021

€2bn battery factory to be built by state-owned utility CEZ with Germany's VW or South Korea's LG.

GLNG: Port Arthur LNG plans suffer another blow

27 July 2021

US-based Sempra Energy has signed a memorandum of understanding (MoU) with Poland’s PGNiG for the potential purchase of around 2mn tonnes per year (tpy) of LNG. The preliminary deal potentially spells bad news for Sempra’s Port Arthur LNG plan.

AsianOil: India approves two new SPR sites

27 July 2021

The Indian government has approved plans to build two underground crude oil storage facilities that will expand the country’s strategic petroleum reserve capacity by 6.5mn tonnes.

NorthAmOil: Shell announces Whale FID

27 July 2021

A Royal Dutch Shell subsidiary announced this week that it had made a final investment decision on the Whale project in the US Gulf of Mexico.

Perenco, SNH, Golar LNG strike a deal on increasing gas deliveries to FLNG

27 July 2021

Perenco and Société Nationale des Hydrocarbures (SNH), the national oil company (NOC) of Cameroon, will increase the total volume of natural gas delivered to the Hilli Episeyo FLNG owned by Bermuda-registered Golar LNG.

Only four Angolan companies seeking to operate blocks in onshore licensing round

27 July 2021

Most of the Angolan companies that have submitted bids in this year’s onshore licensing round are only seeking non-operating stakes in the assets slated for sale.

US legislators urge Biden to examine Mexican energy policy

27 July 2021

Twenty US legislators have urged President Joe Biden to take a closer look at the Mexican government’s approach to competition in the energy sector in light of the challenges faced by US companies working in Mexico.

LatAmOil: US legislators urge Biden to examine Mexican energy policy

27 July 2021

Twenty US senators and representatives have urged President Joe Biden to take a closer look at the Mexican government’s energy policy in light of the challenges faced by US oil, gas and power companies working in Mexico.

AfrOil: Cameroon to send more gas to FLNG

27 July 2021

Perenco (UK/France) and Société Nationale des Hydrocarbures (SNH), the national oil company (NOC) of Cameroon, will increase the total volume of natural gas delivered to the Hilli Episeyo FLNG vessel owned by Golar LNG.