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).
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 has reportedly emerged as the lowest bidder for most of the cargoes in Pakistan’s recent spot liquefied natural gas (LNG) supply tender.
Energy companies left up to their necks in debt by lira crisis.
Japan’s Cosmo Eco Power has unveiled ambitious preliminary plans to build the country’s largest wind farm off the island of Hokkaido.
Ørsted has begun commissioning the second phase of Taiwan’s Formosa 1 offshore wind farm
International observers are closely watching the boom in hydro projects on the Mekong River, where China’s Belt and Road ambitions and the region’s power politics collide
Freeport LNG Development announced on September 9 that it has struck a deal with Westbourne Capital under which the latter and its co-investors will provide $1.025bn in the form of a mezzanine loan.
Malaysia’s Bumi Armada said last week that it had arranged to sell a floating production, storage and off-loading (FPSO) unit to Century Energy Services Ltd (CESL) of Nigeria.
Two high-ranking representatives of Argentina’s national oil company (NOC) YPF said last week that they remained optimistic about the prospects for ramping up LNG exports.
New oil pipelines out of the Permian are providing relief to producers in the region in an operating environment that remains difficult, while new gas capacity is also being prepared to come online
Nairobi’s talk about working with Uganda to build an oil export pipeline is not likely to lead to much concrete action.
Peru’s national oil company (NOC) Perupetro said last week that it had seen LNG exports from the terminal in Pampa Melchorita rise year on year last month.
Libya’s National Oil Corp. (NOC) has suspended deliveries of kerosene to areas in the centre and the east that were not under the control of the government in Tripoli.
Venezuela’s plans for expanding the production capacity of Sinovensa, a joint venture between the national oil company (NOC) PdVSA and China National Petroleum Corp. (CNPC), may be suffering a setback.