Latest Stories

COMMENT: Fear mongering on nuclear power is imperilling the planet

20 September 2019

On September 14th, the Akademik Lomonosov, a first of its kind floating nuclear plant built by Russian state nuclear energy corporation Rosatom, arrived at Pevek, a port town on the remote Chukotka Peninsula in the Russian Arctic.

Russian government values oil reserves at $1 trillion

20 September 2019

Russia’s Ministry of Natural Resources and Environment has estimated the total value of Russia's oil reserves at RUB74.5 trillion ($1.2 trillion), almost doubling the valuation over one year, RBC business portal reported. Total value of hydrocarbons,

Iran’s Zarif issues “all-out war” warning

19 September 2019

US Secretary of State Pompeo says of Iranians: “It’s not the case you can subcontract out devastation of 5% of world’s global energy supply and think you can absolve yourself from responsibility.”

Colombia’s pilot fracking schemes remain in limbo

19 September 2019

Colombia's highest administrative court has extended a temporary moratorium on fracking but has also said the ban does not apply to “comprehensive investigative pilot projects.”

Qatar Petroleum on LNG push at home and abroad

19 September 2019

Qatar Petroleum is moving forward with plans to grow its domestic LNG production capacity, find new buyers and expand its overseas LNG presence.

Double discovery offshore Guyana

19 September 2019

Both ExxonMobil (US) and Tullow Oil (UK-Ireland) have announced new oil finds offshore Guyana this week.

Long-time emerging markets investor bullish on Brazilian oil

19 September 2019

Veteran investors Mark Mobius has suggested that last weekend’s aerial attacks on oil infrastructure in Saudi Arabia might benefit Brazil in the long term.

Western Geco begins wide-azimuth survey in Bay of Campeche

19 September 2019

Schlumberger's Western Geco subsidiary has begun work on a multi-client wide-azimuth survey offshore Mexico, in the Bay of Campeche.

SPEC LNG and partners to offer additional LNG services at FSRU in Cartagena

19 September 2019

Colombia’s Sociedad Portuaria El Cayao, known as SPEC LNG, has teamed up with three other companies to make additional services available at its LNG import facility in Cartagena.

Mexican government strikes a deal with another gas pipeline contractor

19 September 2019

Mexico’s government has struck an agreement with Fermaca, a domestic company, on the revision of natural gas pipeline contracts signed when the previous government was still in power.