Latest Stories

Gulf Coast Express brought into service ahead of schedule

1 October 2019

Kinder Morgan announced last week that the Gulf Coast Express gas pipeline from the Permian Basin to the Texas Gulf Coast was entering service slightly ahead of schedule, on September 25.

China to close 8.7 GW of old coal power plants in 2019

1 October 2019

China aims to close 8.66 GW of old and outdated coal-fired generating capacity during 2019 in a bid to reduce greenhouse gas emissions.

NextEra buying Meade Pipeline for $1.37bn

1 October 2019

Independent power producer NextEra Energy Partners has agreed to buy Meade Pipeline, which owns a 39.2% interest in the Central Penn Line in Pennsylvania.

Rio Tinto to cut emissions in steel industry

1 October 2019

Rio Tinto is to work with China’s China Baowu Steel Group and Tsinghua University to find new ways to reduce greenhouse gas (GHG) emission in the steel industry.

Alberta raises oil production limits again

1 October 2019

The government of Alberta has once again raised provincial oil production limits, to 3.80mn barrels per day in November and 3.81mn bpd in December.

Colombia’s next steps

1 October 2019

Colombia is gearing up for several major developments in the oil and gas sector over the next 18 months.

One step forward, two steps back for Enbridge

1 October 2019

Pipeline operator Enbridge has encountered setbacks on several different fronts in recent days, but continues to push ahead with its plans.

YPFB reports successes on residential gasification front

1 October 2019

A Bolivian cabinet official said last week that YPFB, the national oil company (NOC), had made significant progress on residential gasification programmes.

Pemex pays off more than $5bn worth of bonds ahead of schedule

1 October 2019

Mexico’s national oil company Pemex succeeded in paying off more than $5bn worth of debts ahead of schedule last week.

YPF set to reduce investment budget next year

1 October 2019

Argentina’s national oil company YPF is likely to trim its investment budget in 2020.

Libyan oil sector facing multiple challenges

30 September 2019

Libya’s National Oil Company (NOC) has had to deal with a series of challenges in recent weeks.

Mozambique will seek $880mn in capital gains tax from Anadarko

30 September 2019

Mozambique’s President Filipe Nyusi hopes that US-based Occidental Petroleum’s takeover of Anadarko Petroleum, another US company, will generate extra tax revenue for his government.

Ugandan official says collapse of Tullow’s farm-out deal does not derail oil industry

30 September 2019

A Ugandan official said last week that the country’s nascent oil industry was not doomed because of the collapse of Tullow Oil’s $900mn farm-out deal with France’s Total and China National Offshore Oil Corp. (CNOOC) for the Lake Albert project.

GULF ON EDGE: Saudi Arabia hit by ratings downgrade as reverberations from oil attacks spread

30 September 2019

In possible sign kingdom is backing off from potential conflict, Iran says third countries have delivered messages from Riyadh.

Total comments on Nigeria LNG’s Train 7 project

30 September 2019

France’s Total has reiterated its commitment to the expansion of the Nigeria LNG complex.