Latest Stories

Germany says three out of four Nord Stream pipelines damaged beyond repair

29 September 2022

The disabling of Nord Stream has spooked markets as it removes the possibility of resuming deliveries of gas in the depth of winter if an energy crisis becomes acute.

Iranian energy researcher voices doubts about gas swap agreement between Moscow and Tehran

28 September 2022

Morteza Behruzifar, a researcher at Iran’s Institute for International Energy Studies (IIES), has said he does not expect the signing of a natural gas swap agreement between Tehran and Moscow to bear much fruit.

Ecopetrol head says Asia is absorbing lower share of Colombia’s oil exports

28 September 2022

Colombia’s national oil company (Ecopetrol) is sending a smaller share of its oil exports to Asia this year, as competition for Asian market share has ramped up in recent months.

Neuquen governor sees Vaca Muerta investments hitting record high in 2022

28 September 2022

Omar Gutierrez, the governor of Argentina’s Neuquen province, said on September 28 that he expected investments in the Vaca Muerta shale formation to reach a record high of $5.5bn in 2022.

Report: Pemex did not notify regulators about methane leaks in December

28 September 2022

Mexico’s national oil company Pemex does not appear to have reported the methane leaks detected at the Ku-Maloob-Zaap oilfield cluster last December on the basis of satellite data from the European Space Agency (ESA).

Russian oil exports still booming and the EU is still a major buyer

28 September 2022

One of the side-effects of the EU stepping up imports of US oil is that it has increased European demand for Russian diesel.

Offshore wind continues to pick up speed even as Shell pulls out of two Irish projects

28 September 2022

Offshore wind is continuing to accelerate, although Shell is exiting two projects off Ireland. This comes as a new US study has found that offshore wind leasing is 125 times more lucrative for taxpayers than oil and gas leasing.

Chinese turbine maker may soon enter UK offshore wind market

28 September 2022

Mingyang Smart Energy, the Chinese wind turbine manufacturer, may soon sell its turbines to a UK floating project.