Latest Stories

Electricity supply crisis in Kosovo worsens after failure of Obiliq TPP unit

29 August 2022

Kosovo has the world's fifth largest lignite reserves of up to 14bn tonnes, but its thermal power plants are outdated and constantly need repairing.

SATORP reports net profits, revenues up in H1-2022

29 August 2022

Saudi Aramco Total Refining and Petrochemical Company (SATORP) reported last week that its profits and revenues had both increased significantly in the first half of 2022.

NorthAmOil: Shell, Energy Transfer sign Lake Charles LNG offtake agreement

29 August 2022

Shell and Energy Transfer have signed a 20-year sales and purchase agreement for 2.1mn tonnes per year of LNG produced at the planned Lake Charles LNG project in Louisiana.

Schedule for Mozambique’s first LNG cargo revised as tanker changes course

29 August 2022

Eni (Italy) appears to have altered its schedule for exporting its first cargo of LNG from Mozambique, as a tanker that was due to rendezvous with the Coral Sul floating LNG vessel has changed course.

Riverbend completes $1.8bn sale of non-operated portfolios

29 August 2022

Investment firm Riverbend Energy Group announced on August 22 that it had completed a previously announced sale of non-operated portfolios on behalf of certain of its affiliates and a number of institutional investors.

Enverus flags up Southern Louisiana’s CCUS potential

29 August 2022

The carbon capture, utilisation and storage potential of Southern Louisiana has been highlighted in a new report by Enverus Intelligence Research (EIR), a subsidiary of energy data analytics firm Enverus.

NSAI certifies Ethiopia’s Ogaden basin gas reserves at 198 bcm

29 August 2022

Ethiopia’s Ministry of Mines and Petroleum received a report from Netherland, Sewell & Associates, Inc (NSAI) on August 26 confirming the presence of sizeable natural gas reserves in the Ogaden basin.

ExxonMobil reportedly planning Baton Rouge refinery maintenance

29 August 2022

ExxonMobil is reportedly planning to shut down units at its Baton Rouge, Louisiana refinery for maintenance in January 2023.