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LatAmOil: Barbados prepares to offer all 22 open offshore blocks

6 September 2022

Barbados will offer all 22 available blocks in its offshore zone to international oil companies in a bidding round in the fourth quarter of this year.

Trafigura reportedly redirecting Russian diesel to Ecuador

6 September 2022

Trafigura Group has started redirecting shipments of Russian diesel to Latin American markets in the face of a looming EU ban on petroleum product imports originating in Russia.

Repairs to power lines at ZNPP currently impossible, says Ukrainian Energy Minister after final power unit shutdown

6 September 2022

The hostilities around the occupied Zaporizhzhia nuclear power plant (ZNPP) have made it impossible to repair the final power line, which was disconnected following a fire at the plant, Ukrinform reported on September 5.

DMEA: ZIM, Shell sign 10-year LNG bunkering deal

6 September 2022

ZIM Integrated Shipping Services (Israel) has secured fuel supplies for 10 new LNG-powered ships that are due to enter its fleet in 2023-2024 under a long-term bunkering contract with a subsidiary of Shell (UK).

AfrOil: FAR Ltd acquires remaining 50% of Gambian blocks from Petronas

6 September 2022

Australia’s FAR Ltd has bought 50% stakes in Block A2 and Block A5, located in The Gambia’s offshore zone, from its partner Petronas (Malaysia), bringing its stake in both sites up to 100%.

NorthAmOil: Cheniere outlines further expansion plans for Corpus Christi LNG

6 September 2022

Cheniere Energy intends to add further capacity to its Corpus Christi LNG export terminal in Texas, beyond the 10mn tonne per year expansion that is currently under construction at the plant.

SPDC to investigate oil spill in Bayelsa State

5 September 2022

Shell Petroleum Development Corp. (SPDC) is investigating an oil spill that reportedly occurred late last month as a result of problems with one of its flow stations in Bayelsa State.

Angola sees Sonangol, Endiama privatisation completed within five years

5 September 2022

Angola has not set a deadline for privatisation of Sonangol or Endiama but will wrap up both sales within the next five years, according to Patrício Vilar, the head of the state asset management agency.

Namibian energy minister says giant Orange basin oilfields may start production in four years

5 September 2022

Namibia’s Mines and Energy Minister Tom Alweendo says the hydrocarbon fields discovered in the Orange basin this year contain commercially viable reserves that may begin production in as little as four years.

AsianOil: Santos takes FID on Darwin Pipeline Duplication Project

5 September 2022

Australia’s Santos has taken a final investment decision to proceed with the Darwin Pipeline Duplication Project.

Texas family reportedly considering sale of Permian land

5 September 2022

The family that owns the 70,000-acre (283-square km) Mabee Ranch in Texas is reportedly exploring options for the land, including a sale.

Iran implies West needs nuclear deal more than it does amid ‘crippling energy crisis’

5 September 2022

Tehran serves reminder that ‘winter is approaching’ and Europe needs Iran’s oil and gas on the market.