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NEWSBASE: Third of large Russian oilfields unprofitable: Rosnedra
Russian subsoil licensing agency Rosnedra has taken an inventory of Russia’s major oilfields and found that one third of them are unprofitable to develop.
NEWSBASE: Gazprom advances LNG plans
Russia’s Gazprom has struck a deal with Germany’s Linde on setting up a joint venture to design facilities for the processing and liquefaction of natural gas.
Subsea 7 hired for Shell gas project in North Sea
Regal reports "excellent" gas flows at new Ukrainian well
Johan Sverdrup megaproject sees early launch
Epsilon reports strong gas flows in Uzbekistan
OMV Petrom announces new gas discovery in southern Romania
Russia blocks booming suspicious coal exports to Ukraine via Belarus
The Russian authorities have been blocking exports of coal from its territory to Ukraine through the territory of neighbouring Belarus, according to the Ukrainian Ministry of Energy and Coal Mining.
Chinese solar power developer ReneSola sells 55 MW of Polish solar capacity to Aberdeen Standard Investments
Surging ship-to-ship oil transfers ‘hint at China buying up Iranian oil despite US sanctions’
Serbia mulls developing first geothermal power plant project
EP Energy files for bankruptcy protection
EP Energy has filed for Chapter 11 bankruptcy protection, aiming to cut $3.3bn in debt under a proposed deal with Apollo Global Management and Elliott Management.
Occidental opens solar facility to power oil operations
Occidental Petroleum has started up a solar facility in Texas that will power an enhanced oil recovery project in the Permian Basin’s Goldsmith field.
ADB aims to bring investors closer to green energy
The Asian Development Bank (ADB) and the Singaporean government-backed Infrastructure Asia fund are to create a new financing forum to drive more investment in green and sustainable infrastructure in South-East Asia.
USGS boosts Marcellus, Utica reserve estimate
The US Geological Survey has increased its estimate of recoverable reserves in the Marcellus and Utica plays, but producers appear increasingly likely to take a slower approach to tapping these volumes.
Eni acquires solar assets in Australia
Eni has completed the acquisition of two construction-ready solar projects at Batchelor and Manton Dam in Australia's Northern Territory
Irkutsk producer makes gas pact with Gazprom
Peru LNG reports exports up year on year in September
Peru’s national oil company (NOC) Perupetro reported last week that the country’s only LNG plant had seen exports rise year on year in September.
Ecuador’s oil minister comments on OPEC departure, oil production plans
Ecuador’s Hydrocarbons Minister Carlos Perez has offered some insight into his country’s decision to withdraw from OPEC last week.
Ecuador puts an end to motor fuel subsidies
Ecuador’s President Lenin Moreno said last week that his administration was eliminating subsidised pricing for gasoline and diesel.
Sinovensa suspends blending operations, following Petropiar’s example
Sinovensa, a joint venture between Venezuela’s national oil company (NOC) PdVSA and China National Petroleum Corp. (CNPC), has reportedly suspended work at its crude blending plants in the Orinoco region.
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