Latest Stories
Shell quits 8bn barrel Russian oil project
Saudi public debt and sukuk in a time of COVID-19 and low oil prices
Saudi Arabia plans to expand its sukuk borrowing programme to cover the budget deficit caused by low oil prices
Libya's NOC says gas flows disrupted following unauthorised pipeline closure
Libya’s National Oil Corp. (NOC) has reported a disruption in natural gas flows through a pipeline serving the western part of the country.
NGOs urge bank not to fund Uganda-Tanzania oil pipeline
More than 100 non-governmental organisations (NGOs) have banded together to urge the African Development Bank (AfDB) to refuse loans to Uganda and Tanzania for the construction of a new oil export pipeline.
Grand Tortue/Ahmeyim project falls behind schedule
BP is reportedly set to delay work at Grand Tortue/Ahmeyim, an offshore block that straddles the maritime border between Senegal and Mauritania, by about a year.
PUMA Energy Tanzania donates fuel to support coronavirus mitigation efforts
PUMA Energy Tanzania has arranged to donate more than TZS100mn ($43,481) worth of motor fuel to the national government in order to support efforts to contain the coronavirus pandemic.
Nigeria may be preparing to launch marginal field auctions
Nigeria’s government has reportedly approved plans to launch another licensing round for marginal fields.
Pipeline delivering Iranian gas to Turkey remains out of operation two weeks after suspected terrorist attack
Iran and Turkey assure Azerbaijan they have not provided Nagorno-Karabakh or Armenians with COVID-19 relief
Kosovo’s prosecution office charges 19 ex-senior officials for over €12mn of damage to budget
Peru LNG reports exports up in March
Peru LNG, the operator of a natural gas liquefaction plant and export terminal in Pampa Melchorita, saw export volumes increase year on year in February.
Ecuador suspends oil flows through two pipelines hit by landslide
Ecuador has stopped operations in two oil pipeline systems following a landslide in the Amazon region last week, according to the country’s Hydrocarbons Ministry.
Guyana sees oil production reaching maximum but revenues dropping
The government of Guyana has said that oil production is set to reach maximum levels of 120,000 barrels per day (bpd) next month as anticipated, but it has also warned that per-barrel revenues are set to decline.
Follow us online