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Colombian insurgent group to suspend attacks on Ecopetrol’s pipelines
Colombia’s main insurgent group, the National Liberation Army (ELN), has pledged to suspend attacks on the national oil pipeline network as part of a unilateral cease-fire during the month of April.
Cooper unfazed by oil price crash, coronavirus pandemic
Australian junior Cooper Energy has said its business model will be largely unaffected by both the oil price crash and the coronavirus (COVID-19) pandemic.
Chevron JVs scale back contracting, procurement processes in Venezuela
Chevron is reportedly slowing the pace of its operations in Venezuela in response to the decline in crude oil prices.
Australia’s 3D Oil secures work programme extension
Australia’s offshore licensing body has granted 3D Oil a 21-month extension to its work programme in the WA-527-P crude oil play, which lies in the offshore Bedout sub-Basin.
Sinopec trims 2020 capex, expands upstream budget
China’s state-run Sinopec has announced plans to trim its 2020 capital expenditure by 2.5% year on year to CNY143.4bn ($20.19bn).
McDermott confirms start-up of ONGC deepwater well
India’s state-owned Oil and Natural Gas Corp. (ONGC) has brought its first deepwater natural gas well at the KG-DWN-98/2 block on stream.
Azerbaijan 'says no plans to change 2020 oil output'
Armenia requests talks on gas price cut from Russia
Cheniere tender suggests it may cut production
Cheniere Energy, the US’ largest producer of LNG, has made the unusual move of tendering to buy six cargoes of LNG for delivery to Europe later this year.
OUTLOOK 2020/2021 Iran
Economically besieged Islamic Republic’s year looks set to hinge on whether tormentor-in-chief is re-elected.
Pan American Energy moves ahead with drilling at Vaca Muerta block
Argentina’s Pan American Energy is making progress on a drilling programme that targets Coiron Amargo Sur Este (CASE), a block within the Vaca Muerta shale basin.
Yinson finalises Marlim-2 FPSO contracts with Petrobras
Malaysia’s Yinson Holdings said last week that it had finalised a deal with Brazil’s national oil company (NOC) Petrobras for the use of a floating production, storage and off-loading (FPSO) at the offshore Marlim oilfield.
Court orders review of Dakota Access segment
A federal court ordered the US government last week to conduct a full environmental review of a segment of Energy Transfer Partners’ Dakota Access pipeline.
More European majors take the knife to capex
Shell quits Lake Charles LNG project
Royal Dutch Shell has announced that it is pulling out of the proposed Lake Charles LNG project in Louisiana, in which it partners Energy Transfer on a 50:50 basis.
Alberta throws weight behind Keystone XL
The government of Alberta has agreed to invest in the Keystone XL pipeline, allowing operator TC Energy to begin construction on the long-delayed project.
Renewables growth set to be lost in 2020
The previously ambitious growth forecasts for solar and wind for 2020 now face being wiped out
JKX revenue rises 10%, Ebitda 18% in 2019
China aims for massive 60-GW solar panel factory
China’s GCL System Integration Technology (GCL-SI) is to spend $2.5bn on constructing a 60-GW capacity solar module factory
Vestas signs 363 MW of Chinese turbine deals
Vestas has announced three major turbine deals in China in the last week amounting to a combined 363 MW
Japan misses chance to cut emissions ahead of COP26
Japan has failed to commit to more emissions reductions in its NDC, while insisting it is on course to meet its 2030 commitments
Brazilian offshore gas operators need joint infrastructure, ANP says
Brazil’s state oil and gas regulator ANP has said that domestic operators need to develop joint solutions to extract natural gas in offshore areas.
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