Latest Stories
Woodside expands LNG supply deal with Uniper
Australia’s Woodside Energy has agreed to expand its supply of liquefied natural gas (LNG) to Germany’s Uniper Global Commodities.
KrisEnergy announces exit from Bangladesh’s offshore
Bangladesh’s flagging offshore exploration scene has taken another knock, following news this week that a shallow-water project has been returned the government.
ADNOC merges downstream, trading and marketing units
China’s city-gas operators enjoy winter rush
China’s coldest winter in decades has proved to be a boon for the country’s city-gas operators, which have seen fuel demand skyrocket.
India decries Saudi production cuts
India has complained about Saudi Arabia’s decision earlier this month to cut crude oil production and has suggested the move could see oil buyers shift to alternative energy sources.
JKX Oil & Gas output down 4.7% in 2020
Talon to expand footprint in WA’s onshore
Australian junior Talon Petroleum is set to expand its holdings in Western Australia’s onshore Perth Basin after agreeing to buy a 100% stake in the Muchea play from Macallum.
Origin strikes gas at Beetaloo shale play
Australian developer Origin has announced the discovery of hydrocarbons at its exploration well in the Northern Territory’s Beetaloo Sub-basin.
Keystone XL’s fate sealed as Biden takes office
New US President Joe Biden took immediate steps to cancel the Keystone XL pipeline upon taking office this week, despite operator TC Energy’s last-ditch efforts to save the pipeline.
Tellurian hopes to start Driftwood construction this summer
US LNG developer Tellurian is hoping to start construction on its proposed Driftwood LNG terminal in Louisiana this summer, even though a final investment decision (FID) has not been made on the project yet.
EBRD mulls lending €17.5mn to Bulgaria’s VEZ Svoghe for new greenfield renewable energy projects
Overcapacity threatens viability of Bangladesh’s power sector
Overcapacity in Bangladesh’s power system has worsened and threatens to deteriorate further, the Institute for Energy Economics and Financial Analysis (IEEFA) said in a note.
Moldova to connect to Romania’s power grid under €261mn project
US rejoins global Paris Accord in bid to tackle climate crisis
President Joe Biden, sworn into office on 20 January, immediately ordered the US to rejoin the all-important global Paris climate pact. Fighting climate change is a major policy plank of the new president.
Russia's Gazprom places $2bn in eurobonds at record-low rates
Naftogaz launched a new 18.8-km gas pipeline in January that allows for additional production of 150,000 cubic metres of gas per day
No US move to rejoin Iran nuclear deal imminent, say Biden national security nominees
Iranian demand that US drops Trump sanctions before it returns to compliance with accord could pose obstacle.
Total takes 20% stake in India’s Adani Green Energy
France’s Total has paid $2.5bn to buy a 20% stake in India’s Adani Green Energy Limited (AGEL) from Adani Group in a move that extends the partnership between the two energy giants’ gas and LNG interests.
Aker Horizons buys 75% stake in Mainstream to drive 5.5-GW expansion
Aker Horizons is to pay $919mn to buy a 75% equity stake in Mainstream Renewable Power, valuing the developer at $1.11bn.
Green investment breaches $500mn barrier in 2020
Green investment rose by 9% in 2020, with offshore wind and EVs showing the most dynamic growth
Follow us online