Latest Stories
2022 blip aside, China is Asia’s LNG force of the future
With the exception of last year’s dip in numbers, as LNG prices around the world reacted to Russian invasion of Ukraine, China has shown continued year-on-year LNG import increases since the mid-2000s.
New LNG deliveries for India’s GAIL from SEFE
German firm SEFE Marketing and Trading, formerly Gazprom Germania, delivered two cargoes of LNG to GAIL in March and in April. Another four are to be delivered in May.
US companies in talks to join Ukrainian gas production, Naftogaz says
US companies are in negotiations with Ukrainian gas giant, Naftogaz, to participate in Ukrainian gas production, Ukraine Business News reported on April 25.
Italy’s Eni is to invest $130mn in drilling Orion X1 well in Egypt’s offshore Mediterranean
Italy’s Eni is preparing to invest $130mn in drilling the Orion X1 exploration well at its Mediterranean North East Hap’y concession starting from September.
US urges Turkmenistan to cut methane emissions to help battle climate crisis
Secretary of State Antony Blinken addresses urgent issue during Washington visit of Turkmen counterpart. Military chiefs of two countries hold concurrent meeting on security challenges.
Poland, Romania and Bulgaria face highest decarbonisation transition risks, says Fitch
Decarbonisation costs predicted to put up region's average debt/GDP levels by 7pp by 2030.
Zimbabwe wooing private sector investors to refurbish small thermal power stations amid generation crisis
South Korean renewables; a seemingly vibrant industry often ignored
Flanked by China to the west and Japan in the east, South Korea is often overlooked when it comes to renewables installations in north-east Asia.
ExxonMobil seeks to pre-qualify for direct negotiations on four offshore Liberian blocks
ExxonMobil is seeking to pre-qualify for direct contract negotiations on four adjacent offshore blocks in Liberia’s offshore zone.
ANC suggests delaying coal decommissioning in South Africa
South Africa’s governing African National Congress (ANC) has suggested delaying decommissioning of coal plants to avoid exacerbating the country’s ongoing power crisis.
Nigeria's $2.8bn AKK gas pipeline project to inject 3,600 MW of electricity into national grid, NNPCL says
The $2.8bn Ajaokuta-Kaduna-Kano (AKK) gas pipeline project will be a significant boost to the Nigeria’s energy sector, Mele Kyari has revealed.
Chevron seeks drilling rig for East Mediterranean assets
Guyana turns down India’s request for discounted crude oil supplies
Guyana’s Vice President Bharrat Jagdeo says his country rejected India’s request for a discount on crude oil purchases during recent trade discussions.
Transocean, Eneti to partner on offshore wind foundations
Eneti and Transocean will partner in exploring offshore wind foundation installation.
EEPGL says fourth Stabroek FPSO will be fitted with larger amount of locally fabricated steel
ExxonMobil expects to use 200 tonnes of locally fabricated steel for its fourth floating production, storage and off-loading (FPSO) vessel in Guyana.
Turkey’s government banks to provide discounted loans for buyers of Togg EV says Erdogan
Aramco ships accredited low-carbon ammonia to Japan
Majority state-owned Saudi Aramco announced this week that its first shipment of independently certified low-carbon ammonia has arrived in Japan for use in power generation.
Zimbabwe earmarks $1bn to build 12 dams for irrigation, one to export water to neighbouring South Africa
Poland’s PGE signs offshore wind turbine contract for Baltica 2
The largest utility in Poland, PGE, has sign a 1.5-GW deal with offshore wind developer Ørsted and Siemens Gamesa for the supply of wind turbines to the Baltica 2 project.
US House Republicans target climate law
House Republicans may consider repealing parts of Democrat President Joe Biden’s signature climate law, the Inflation Reduction Act. They have discussed targeting the legislation’s clean-energy tax credits.
Nigeria must investigate 149mn 'missing' barrels of crude oil, SERAP watchdog says
Socio-economic Rights and Accountability Project (SERAP), a Nigerian NGO, has called on outgoing President Muhammadu Buhari to set up a panel to investigate allegations that more than 149mn barrels of crude oil have gone missing.
Follow us online