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Philippines, Russia discuss South China Sea exploration
The Philippine government last week welcomed a delegation sent by Russia’s state-run Rosneft to discuss the possibility of jointly exploring the waters offshore the Southeast Asian country.
Russia engages Africa on nuclear power
The Russia-Africa Summit in Sochi opened on October 23, with Moscow seeking to increase its engagement with Africa in a number of areas.
PTT plans first Myanmar retail fuel station
Thailand’s state-owned PTT has announced plans to open its first retail fuel station in Myanmar and aims to do so early next year.
Eskom remains in danger
The South African government will “soon” choose a permanent CEO for Eskom and will “shortly” reveal its latest reform plans for the utility.
Oil Search’s Q3 revenue slides 24%
Oil Search’s third-quarter revenue slid 24% year on year on the back of production interruptions and lower international oil prices.
BPCL stake sale draws international interest
Some of the world’s biggest oil companies are reportedly interested in the Indian government’s plans to privatise its controlling stake in Bharat Petroleum Corporation Ltd (BPCL).
Origin under pressure over emissions
Activist investors have criticised Australian developer Origin Energy’s commitment to reducing its carbon footprint, saying the company is not doing enough to reduce this.
Amiral contract awarded as Aramco maintains downstream focus
Sonatrach weighs in on draft energy law
Sonatrach has spoken out in favour of the caretaker government’s plans for a new energy law, but the matter is far from settled.
Uganda aims to wrap up second licensing round by end-2020
Uganda’s government hopes to sign contracts for the five blocks included in its second licensing round by the end of 2020, according to Energy Minister Irene Muloni.
Chinese run rates set new high on expanding capacity
China’s downstream has set a new monthly oil processing record, on the back of rising privately owned refining capacity and expanding crude import quotas.
Hungary could buy LNG from Qatar from 2021
Unit of Turkish energy firm Aksa Energy buys additional 42% stake in Madagascar company
Solar power ‘to save Turkey up to $18bn over next three decades’
DTE buying Haynesville gathering system, pipeline
DTE Midstream, a subsidiary of DTE Energy, has agreed to buy a natural gas-gathering system and pipeline in Louisiana’s Haynesville shale play.
Carlyle Group quits proposed Texas oil export project
Private equity asset management firm the Carlyle Group has dropped out as a participant in Lone Star Ports, which is proposing to build a $1bn crude oil export terminal near Corpus Christi, Texas.
Perry to step down as US Energy Secretary
US Secretary of Energy Rick Perry will step down at the end of the year, after becoming embroiled in the impeachment inquiry being carried out into President Donald Trump's dealings with Ukraine.
Kazakh hopes of offshore revival dashed
Schlumberger, Halliburton report losses as shale slowdown bites
Leading oilfield services firms Schlumberger and Halliburton have both reported declines in quarterly profits, with performance taking a hit in part as a result of the slowdown in shale drilling.
Novatek plans well trio at new Arctic field
Wind lobby argues against tariff barriers
The Global Wind Energy Council (GWEC) has called for trade barriers that hurt wind turbine exports to be slashed, arguing that tariff walls could hinder global attempts to mitigate climate change.
Tankers for Novatek’s LNG projects shielded from sanctions
The owner of four tankers servicing the liquefied natural gas (LNG) Yamal of Russian gas major Novatek is exempt from the latest round of the US sanctions, RBC business daily reported on October 22.
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