Latest Stories
Iran’s NIOC plans $11bn investment to expand gas output by 25%
Serbia is considering whether to buy or build a small nuclear power plant on its own
Germany urges against classifying nuclear as sustainable
Scotland spurns offer to join Beyond Oil and Gas Alliance
Zarubezhneft in talks to buy stake in Uzbek oil producer
Kyiv residents should prepare for rolling blackouts in coming weeks
Kyiv residents should prepare for rolling blackouts in the coming weeks
Albania signs agreement with Swiss government on intelligent energy
Biden, Trudeau outline climate positions at COP26
The leaders of the US and Canada have sought to position themselves as taking a tough line on decarbonisation at the COP26 summit.
Making the case for oil and gas
Guyana, Suriname and Trinidad and Tobago won’t be following Costa Rica in calling for an end to hydrocarbon exploration.
Atome Energy signs MoU on power deliveries from green hydrogen and ammonia plant
Atome Energy, a subsidiary of UK-based President Energy, has signed a memorandum of understanding with Paraguay’s national power provider ANDE on future supplies of electricity from a green hydrogen and ammonia plant.
Australia’s hydrogen sector draws investment
Fortescue Future Industries commits to major green hydrogen project in Argentina
Argentina’s government has reportedly struck an agreement with Fortescue Future Industries, an Australian company, on the construction of a green hydrogen plant in Rio Negro Province.
Wärtsilä completes installation of FSRU for LNG-to-power project in El Salvador
Finland’s Wärtsilä reported on November 10 that it had finished installing the BW Tatiana floating storage and regasification unit (FSRU) at its designated site offshore El Salvador, near the port of Acajutla.
Sempra identifies Vista Pacifico LNG project as a high priority
US-based Sempra Energy sees the Vista Pacifico LNG project, which envisions the construction of a gas liquefaction and export terminal in Topolobampo, a port in Mexico’s Sinaloa State, as a high priority.
ING to stop financing oil, gas trading in Peru
The Dutch lender ING Group has said it will no longer finance the trading of crude oil and natural gas in Peru, citing concerns about the impact of the industry on indigenous people.
Brazilian gas utilities seen closing fuel acquisition contracts by year-end
A number of Brazilian natural gas distribution utilities are expected to close fuel acquisition contracts with private suppliers by the end of the year, as the country’s gas sector opens up.
Guyana talks about using gas to generate power, unveils clean energy plan
Guyana is planning to build a new associated gas-fuelled thermal power plant as it moves toward leaving fossil fuels behind, President Irfaan Ali has said.
Mexican judge orders former Pemex CEO to be held in prison
A Mexican judge has issued an order that will see Emilio Lozoya, the former head of Mexico’s national oil company Pemex, held in prison for preventive detention.
CNRL to acquire Storm Resources for $762mn
Canadian Natural Resources Ltd (CNRL) has struck a deal to acquire Montney shale gas producer Storm Resources for CAD960mn ($762mn).
Chevron to use carbon credits to make up for Gorgon CCS shortfall
Chevron and its partners in the giant Gorgon LNG project in Australia will buy carbon credits likely worth more than $183mn to compensate for failing to meet carbon capture targets.
RIL exits Eagle Ford with sale to Ensign
India’s Reliance Industries Ltd (RIL) is exiting the US shale industry via a sale of its assets in the Eagle Ford play in Texas to Ensign Natural Resources.
Santos wraps up NT shale well
Australian independent Santos has successfully drilled the Tanumbirini 3H (T3H) well in the EP 161 shale gas play in the Northern Territory.
CNPC enters state of emergency after COVID scare
State-owned China National Petroleum Corp (CNPC) has entered a state of emergency at its Beijing offices after four employees tested positive for coronavirus (COVID-19), the Global Times reported on November 11.
PNG court approves Oil Search shareholder vote on Santos merger
Papua New Guinea’s (PNG) National Court has given Oil Search the green light to hold a shareholder vote on its proposed merger with Santos.
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