Latest Stories

ExxonMobil makes two new finds at Stabroek

27 July 2022

US-based ExxonMobil said on July 26 that it had made two finds at the Stabroek block offshore Guyana, bringing the total number of discoveries made at the licence area this year up to seven.

Ukraine could increase gas transits to EU to over 200mn cubic metres per day

26 July 2022

Ukraine has stated it could increase gas transits to over 200mn cubic metres per day to the EU after Gazprom cut gas flows via the Nord Stream 1 pipeline, Ukraine Business News reported on July 26.

Enagas says July 24 dip in Algerian gas supplies was only temporary

26 July 2022

Enagas, the owner and operator of Spain’s gas transportation system, confirmed on July 24 that the volume of Algerian gas imports had declined briefly but stressed that the drop was temporary.

Sempra Infrastructure, CFE sign agreements on major gas projects

26 July 2022

US-based Sempra Infrastructure has signed a package of new agreements with the Federal Energy Commission (CFE), Mexico’s national power provider, to advance co-operation on several major natural gas projects.

Perenco’s PCM subsidiary starts exporting oil from southern Chad via Cameroon

26 July 2022

PetroChad Mangara (PCM) announced that it had begun exporting crude oil via the Chad-Cameroon pipeline after resuming production at two fields in the Doba basin in southern Chad.

Guyanese minister touts Yellowtail permit’s capping stack requirement

26 July 2022

Guyana is on track to become the only hydrocarbon-producing country in the region to have a capping stack available within, according to Minister of Natural Resources Vickram Bharrat.

Bolsonaro, Sachsida seek to quell concerns over high diesel prices

26 July 2022

Brazil’s President Jair Bolsonaro and Minister of Mines and Energy Adolfo Sachsida have sought to assuage concerns about high diesel costs, saying that the government is working to increase supplies.

EIG, Fluxys complete acquisition of majority stake in Chilean LNG terminal

26 July 2022

EIG Energy Partners (US) and Fluxys (Belgium) have completed the acquisition of an 80% stake in GNL Quintero, a Chilean LNG import terminal.