Latest Stories

UN calls for green investment to meet UN targets

9 December 2020

Investing in green economic stimulus packages could reduce 2030 emissions by 25%, thereby making the Paris Agreement 2°C goal a possibility

88 Energy prepares to drill at Project Peregrine following farm-out

9 December 2020

Australia-based 88 Energy is making progress with its Project Peregrine development in the National Petroleum Reserve-Alaska (NPR-A) on the state’s North Slope.

Ørsted divests 25% of Ocean Wind in the US to utility PSEG

9 December 2020

In the US, Ørsted has agreed to sell 25% of its 1.1-GW Ocean Wind offshore project, planned for a site in the Atlantic Ocean off New Jersey, to New Jersey’s Public Service Enterprise Group (PSEG).

NNPC head: NLNG shareholders now discussing Train 8

9 December 2020

Shareholders in the Nigeria LNG (NLNG) consortium have begun discussions on the construction of an eighth production train at their natural gas liquefaction plant on Bonny Island.

NRG: Oil market strategising

8 December 2020

Policy decisions made this past week will have both long and short-term ramifications for the wider energy sector.

Borsa Istanbul takes stock of its new speculator

8 December 2020

Cem Okullu said to have quickly earned TRY134mn from TSKB moves and TRY20mn from Petkim trades.

Chevron follows ExxonMobil in capex cut

8 December 2020

Chevron followed rival super-major ExxonMobil in announcing a cut to its capital expenditure budget last week.

Africa Energy: Results from Luiperd-1x highlight potential of Outeniqua Basin

8 December 2020

Drill stem test results from Luiperd-1x, an deepwater exploration well drilled within Block 11B/12B offshore South Africa, indicate that the Outeniqua Basin is a “world-class hydrocarbon province,” according to Canada’s Africa Energy.