Latest Stories

Guyana crude exports to Europe rise significantly in 2023

30 November 2023

Guyana’s crude exports to Europe rose to 215,000 barrels per day (bpd) during the first half of 2023, consisting of 63% of the nation's total exports 338,254 bpd.

Maswera invests in LPG technology, Zimbabwe

30 November 2023

In Zimbabwe, local energy firm Maswera Energies has partnered with Italian company Agis Andrea Mangaliardo to develop Autogas technology, a system that uses liquified petroleum gas to fuel cars.

Biofuels could ease Tanzania's import reliance

30 November 2023

Various oil company heads have suggested Tanzania avoid fuel import bills by turning to sustainable ethanol production from sugarcane or agricultural residues, including wheat straw, rice straw, rice husk and corn stover.

COMMENT: China will drive a hard bargain for Russian gas

30 November 2023

China would like more Russian gas. But it does not need it urgently, and will make Moscow pay for the privilege.

Mele Kyari reappointed as CEO of NNPCL

30 November 2023

Nigerian President Bola Tinubu has announced the reappointment of Mele Kyari as CEO of the Nigerian National Petroleum Company Ltd. (NNPCL) in a bid to display continuity in the country’s oil sector.

EU ports reship more than 20% of imported Russian LNG

30 November 2023

Over one fifth of LNG imported by Europe from Russia is being transhipped to other destinations around the globe according to data from a think-tank, the Institute for Energy Economics and Financial Analysis.

Petrobras, Rio Grande do Norte’s Potigas sign Henry Hub-linked gas contract

30 November 2023

The two firms formalised two new agreements for natural gas supply, along with a modification to an existing deal, as reported by Brazil’s oil and gas regulator the ANP.

Turkey moves ahead with Sakarya gas field development

30 November 2023

State-owned Turkish Petroleum Corporation (TPAO) has purchased from Brazil a large platform that it will use for processing gas produced at the Black Sea offshore Sakarya gas field.

World Bank consents to legal separation of South Africa power utility Eskom’s transmission division

30 November 2023

World Bank has granted its consent to the proposed legal separation of the Transmission Division from South Africa's state-owned power utility Eskom to the National Transmission Company South Africa.

Bapco Energies amends and extends financing

30 November 2023

The state energy firm has received encouraging support from regional institutions and while the value is dwarfed by the efforts of its neighbours, Bahrain’s energy transition ambitions may be aided by its comparative resource paucity.

COP28: Global climate plans still fall short

30 November 2023

Ahead of the Cop28 climate summit beginning on November 30 in Dubai, Sultan Al Jaber, the Cop28 president-designate has said that he believes an "unprecedented outcome" is still on the cards - keeping alive hopes something will happen.

Brazil’s oil, gas regulator authorises biodiesel imports

30 November 2023

Brazil’s National Petroleum, Natural Gas and Biofuels Agency (ANP) has revised the regulations governing biodiesel imports heralding a shift which is to allow foreign biofuels to contribute up to 20% of the nation's overall supply.

COP28: Global climate plans still fall short

30 November 2023

Ahead of the Cop28 climate summit beginning on November 30 in Dubai, Sultan Al Jaber, the Cop28 president-designate has said that he believes an "unprecedented outcome" is still on the cards - keeping alive hopes something will happen.

Gandhar Oil IPO listing: Shares debut at 76% premium over IPO price

30 November 2023

Gandhar Oil Refinery India Limited's shares made a robust market debut, commanding a 76% premium over the IPO issue price

Malaysian company Petronas expects lower profitability amidst volatile oil and gas prices

30 November 2023

Malaysia's state energy firm, Petroliam Nasional Berhad, reported a decrease in third-quarter profit on November 29

CATL's Indonesian battery project on track for December investment fulfillment

30 November 2023

Contemporary Amperex Technology Co, a leading Chinese battery manufacturer, is poised to meet its investment commitment for an Indonesian battery project in early December