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Total agrees to charter LNG-fuelled VLCCs
France’s Total has signed an agreement to charter its first LNG-powered super-tankers, known as very large crude carriers (VLCCs).
KOGAS reportedly asks certain suppliers to defer LNG shipments
Korea Gas (KOGAS), one of the world’s leading buyers of LNG, has reportedly asked some of its suppliers to defer shipments of the fuel as the coronavirus (COVID-19) pandemic continues to depress demand.
ExxonMobil delays FID on Rovuma LNG
Super-major ExxonMobil has announced that it is pushing back a final investment decision on the proposed Rovuma LNG project in Mozambique.
Unprecedented challenges after a boom year
The LNG market grew by 13% in 2019, according to a new report, but now faces unprecedented challenges as suppliers look ahead to the coming months.
Belarus seeks discount on Russia's natural gas
Nigeria to close loss-making refineries
Eskom can cope with lockdown, for now
Eskom has told investors it does not need any more government cash to support current operations
Kuwait completes upgrades at major refinery
Ukraine imposes 65% duty on Russian coal
Algeria launches new pipeline to ramp up exports
Egypt abandons coal as renewables prove cheaper
Egypt has abandoned its plans to build 6,600 MW of coal-fired capacity at Hamrawein
Woodside steps up pursuit of hydrogen export goals
Australian oil and gas developer Woodside Petroleum has unveiled the next step in its ongoing development of a hydrogen export strategy.
ONGC seeks upstream tax relief
India’s state-run Oil and Natural Gas Corp. (ONGC) has reportedly appealed to the government for tax relief as its core business comes under pressure from the oil and gas price crash.
Sino-Kazakh venture to build pipe factory
China and Kazakhstan are set to begin building an oil and gas pipe factory in Almaty in the second quarter, after the project was quietly shelved two years ago.
Sinopec starts up Sri Lankan bunkering operations
China’s state-run Sinopec has announced the official launch of bunkering operations at its oil depot at the port of Hambantota in Sri Lanka.
IOC awards Barauni refinery upgrade contract to L&T
State-run Indian Oil Corp. (IOC) has awarded international engineering company Larsen & Toubro (L&T) a contract to expand the capacity of the Barauni refinery in the eastern state of Bihar.
Pertamina to expand crude production by 1.8% this year
Indonesia’s state-run Pertamina has said it intends to increase its crude oil production by 1.8% this year, doubling down on its previous statement that the oil price crash would not affect its drilling plans for 2020.
Origin increases stake in Beetaloo Basin shale gas project
Australian developer Origin Energy will increase its stake in the Beetaloo Basin shale gas project in exchange for covering a larger share of junior partner Falcon Oil and Gas’ cost obligations.
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