Latest Stories

AsiaElec: South Korea’s oil and gas funding calls green commitments into question

1 September 2021

South Korea provided $127bn in support for overseas oil and gas projects between 2011 and 2020 as government-backed development finance institutions (DFIs) continued to support fossil fuels as the government talked up green energy.

The crushing weight of China’s debt burden on Eurasia

1 September 2021

Emerging European economies were already facing heavy debt burdens before the pandemic. Now it’s worse. Several countries in Eurasia and Emerging Europe are struggling to pay off huge loans they took from China.

Emerging Europe’s perfect storm for illegal logging

1 September 2021

High demand for wood for the booming global furniture market, poverty, persistent corruption and huge areas of sparsely populated forest land combine to create the conditions for illegal logging in Emerging Europe.

DTEK Energy coal mining falls 7% in 7M21

31 August 2021

DTEK Energy coal mining falls 7% in 7M21

NorthAmOil: Hurricane Ida disrupts Gulf operations

31 August 2021

Production in the US Gulf of Mexico and coastal downstream operations alike were severely disrupted by Hurricane Ida this week, which made landfall in Louisiana as a Category 4 hurricane on August 29.

GLNG: Indonesia approves Tangguh LNG expansion, CCUS plan

31 August 2021

Indonesian regulator SKK Migas has approved the development plan for an expansion and a carbon capture, utilisation and storage project at BP’s Tangguh LNG export complex in Papua Barat.

AfDB president hopes work on Mozambique LNG will resume in 12-18 months

31 August 2021

Akinwumi Adesina, the president of the African Development Bank (AfDB), has said he believes that TotalEnergies (France) will be able to resume work on the Mozambique LNG in about 12-18 months.

NLNG seeks to refute reports of disrupted shipments

31 August 2021

The Nigeria LNG (NLNG) consortium has dismissed recent reports about delayed shipments and missed deadlines, saying that it remains committed to upholding commitments to its customers.

AGOCO says it may have to stop production because of inadequate funding

31 August 2021

Arabian Gulf Oil Co. (AGOCO), a subsidiary of Libya’s National Oil Corp. (NOC), has revealed that it may halt production soon because it does not have enough money to sustain its operations.