Latest Stories

Wood Mackenzie: Nigeria headed for 35% drop in oil output by 2030

17 February 2020

Wood Mackenzie says Nigeria may be headed for a 35% drop in oil output by 2030.

Russia’s utility sector set to rally in 2020 as reforms progress

15 February 2020

After a very strong rally Russia’s stock markets have been hit by fears of a global coronavirus epidemic and collapsing oil price. The market has given up all its gains, but not so the utilities sector which is up 16% YTD.

LNG and the post-IMO 2020 operating environment

13 February 2020

The use of LNG as a marine fuel is on the rise in the wake of the IMO 2020 regulations being implemented, but new questions have been raised about the environmental impact of the fuel.

ExxonMobil arranges to use Noble drillships in Guyana-Suriname Basin

13 February 2020

Noble, a UK-based offshore drilling contractor, has won a contract from the US super-major ExxonMobil for work in the Guyana-Suriname Basin offshore South America.

Brazilian-Mexican JV begins importing US-produced ethane

13 February 2020

Braskem Idesa SAPI, a joint venture formed by two Latin American firms, has reportedly begun taking delivery of US-produced ethane at its Nanchital petrochemical complex in the Mexican state of Veracruz.

CNH ready to intervene in Zama dispute

13 February 2020

Talks on the fate of the Zama oilfield appear to be stalling, and CNH may be asked to intervene.