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New North American liquefaction capacity in more doubt than ever
Some LNG developers in the US and Canada say they are still targeting final investment decisions soon, but this seems to be increasingly in doubt.
Bolivian government urged to reform laws governing gas sector
Two partners from the energy practice of Indacochea & Asociados, a law firm based in Santa Cruz, have expressed concern about the future of Bolivia’s natural gas sector.
Czech utility CEZ to expand nuclear plant with state support
New block at the Dukovany nuclear power plant is expected to come online in 2036.
Egypt unveils $19bn petchem strategy
China’s leaders urged to ramp up oil storage
Chinese officials are reportedly calling on the government to ramp up crude oil stockpiling to capitalise on low prices, just days after it emerged that domestic financial investors were doing just that.
Sasol denies plan to sell fuel retail network
McDermott picked for tech at Saudi PDH unit
US pulls waivers on civilian nuclear cooperation with Iran
Move means Washington has scrapped last remnants of 2015 nuclear deal that it was tolerating. Tehran says move is “desperate” and designed to distract from the failure of the Trump administration’s policy on the Islamic Republic.
Argentina reports VLSFO production, sales up in Q1-2020
Argentina has reported a slight increase in the production of very low-sulphur fuel oil (VLSFO) in the first quarter of 2020, following the introduction of new marine fuel specifications by the International Maritime Organisation (IMO).
PdVSA refinery aims to resume deliveries of petroleum coke to Cuba
Venezuela’s national oil company (NOC) PdVSA is reportedly looking to resume shipments of petroleum coke to Cuba in the near future.
EU could extend carbon market to aviation and shipping
The EU's €750bn ($829bn) recovery fund could be financed by including aviation and shipping in the EU carbon market
Oilex finds new buyer Cooper-Eromanga assets
Australian junior Oilex has found another buyer for its interests in the Cooper-Eromanga Basin after its first deal fell through in April.
US extends tax credit deadlines for green projects
The US government has extended ITC and PTC deadlines for green projects
Pakistan may cut fuel prices despite refiners’ concerns
Pakistan’s Oil and Gas Regulatory Authority (OGRA) has reportedly called for retail gasoline prices to be reduced despite warnings of a looming fuel shortage.
Indian refinery runs plummet in April
India’s refinery runs fell 28.8% year on year to 14.75mn tonnes (3.6mn barrels per day) in April as the country’s prolonged coronavirus (COVID-19) lockdown drove down oil product demand.
Pertamina to bring Balikpapan refinery back on stream in June
Indonesian national oil company (NOC) Pertamina said this week that it intended to restart its Balikpapan refinery from June 1 as Indonesia weighs up plans to ease or even exit its lockdown.
SA insists Eskom install flue gas scrubbers at Medupi
The South African government has ruled that Eskom must install flue gas desulphurisation equipment at the Medupi power plant.
Santos completes acquisition of ConocoPhillips’ gas assets
Australian independent Santos has completed its acquisition of US super-major ConocoPhillips’ northern Australia and Timor-Leste assets for a reduced upfront price.
Indonesia’s Mako gas field receives resource boost
Conrad Petroleum’s Mako natural gas field offshore Indonesia has seen its resources upgraded significantly following an independent audit, junior partner Coro Energy said this week.
For first time Turkey’s LNG imports outstrip pipeline gas imports
Gas delivered via pipelines from Russia and Iran down 72% y/y and 33% y/y in March. US expanding shipments of liquefied natural gas amid glut as spot prices fall.
Ukraine signs deal to buy US LNG
Petronas cuts spending amid collapsing profits
Petronas intends to cut spending across the board after low energy prices more than halved the company’s bottom line in the first quarter.
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