Latest Stories

LatAmOil: Shell signs 20-year LNG supply deal with MPL

13 July 2022

A subsidiary of Shell (UK) has arranged to purchase 2.6mn tonnes per year of LNG from a new gas liquefaction plant slated for construction at Puerto Libertad in Mexico’s Sonora state.

AfrOil: Namibian minister blasts foreign critics of Kavango exploration

13 July 2022

Namibia’s energy minister has expressed frustration with critics of oil and gas exploration, asserting that much of this opposition comes from foreign countries that have already benefited from development.

Shell subsidiary signs 20-year LNG supply deal with MPL plant in Sonora State

13 July 2022

A subsidiary of Shell (UK) has arranged to purchase 2.6mn tonnes per year of LNG from a new gas liquefaction plant slated for construction at Puerto Libertad in Mexico’s Sonora State.

CFAO Kenya invests in OFGEN Ltd to contribute to power cost reduction and carbon neutrality

13 July 2022

CFAO Kenya Ltd, a unit of Corporation for Africa and Overseas, is investing in OFGEN Ltd that installs solar photovoltaic for commercial and industrial use in East Africa.

Naftogaz to defer eurobond repayments for two years

13 July 2022

Ukraine’s largest state-owned oil and gas company Naftogaz has asked bondholders of nearly $1.5bn of bonds to defer coupon payments by two years, Interfax reported on July 12.

Namibian energy minister lashes out at foreign critics of Kavango oil exploration

13 July 2022

Namibia’s energy minister has expressed frustration with critics of oil and gas exploration, asserting that much of this opposition comes from foreign countries that have already benefited from development.

Spanish imports of Russian gas soar in June, while Algerian gas imports sink

12 July 2022

Russian natural gas exports to Spain rose more than four-fold year on year in June, while Algerian deliveries dropped by more than half, according to data released by Spain's Enagas.

Nigerian court blocks ExxonMobil from selling MPNU

12 July 2022

Nigerian National Petroleum Co. Ltd (NNPC Ltd) has won a court battle against ExxonMobil, blocking the US giant from selling assets to Seplat Energy.