Latest Stories

Czech senator refers CEZ' sale of Varna TPP to Bulgaria’s prosecution

24 November 2019

Lukas Wagenknecht has asked the prosecution in Bulgaria to probe the deal due to suspicions that it was intentionally closed at a price that was not beneficial for state-owned CEZ.

Mystery buyer snaps up 3.6% of Gazprom with discount in second SPO this year

22 November 2019

Russian natural gas giant Gazprom sold 3.59% of its quasi-treasury shares at RUB220.7 per share, making a sizable 13% discount to market. Notably, the buyer of the stake is not disclosed, making it the second mystery SPO this year in Russia's largest

Russian Rosatom nuclear agency eyes maritime shipping market

22 November 2019

Russian state nuclear power agency Rosatom is planning a massive expansion in the maritime shipping market with an investment of up to $7bn

Putin says humanity will end up in caves if it abandons hydrocarbons

21 November 2019

If humanity completely abandons hydrocarbons in the energy sector it will “end up in caves”, Russian President Vladimir Putin told delegates at the VTB Russia Calling investment summit.

BOOK REVIEW: Why Germany’s commercial interests prevail in its dealings with big, bad Gazprom

21 November 2019

There is an enigma as to why German political and public opinion is in favour of the Kremlin’s controversial Nord Stream-2 gas pipeline. "The Bridge: Natural Gas in a Redivided Europe" by Thane Gustafson tries to solve the riddle.

South Africa’s DNG preparing to start LNG bunkering

21 November 2019

South African infrastructure company DNG Energy has said it will start LNG bunkering operations in Algoa Bay in the second quarter of 2020.

Market oversupply causes Pavilion to cancel cargo

21 November 2019

Oversupply in the global market has led Singapore’s Pavilion Energy to cancel the loading of a US LNG cargo, and more such moves could follow.

Ongoing turmoil in Bolivia affecting fuel and energy sector

21 November 2019

Bolivia’s oil and gas sector is caught up in political turmoil, with La Paz and other cities experiencing shortages of motor fuel and LPG.

Venezuelan opposition set to retain control over Citgo following federal court ruling

21 November 2019

Venezuela’s political opposition has reportedly scored a victory in its fight to retain control over Citgo, a US-based subsidiary of the national oil company (NOC) PdVSA.

Tecpetrol, ExxonMobil and Shell comment on Vaca Muerta’s prospects

21 November 2019

Oil and gas executives are keen to develop Argentina's Vaca Muerta shale basin but see economic turmoil and political turnover as reasons for caution.