Latest Stories
Westside signs gas supply deals with Alinta, CleanCo
Australian independent Westside has signed gas sales agreements (GSAs) with Alinta Energy and CleanCo Queensland for the supply of 5.84 PJ (152.12mn cubic metres) of natural gas over three years.
Protests pose obstacles for Colombia’s oil and gas sector
As Colombian oil and gas production levels continue to slip amidst widespread protests, Ecopetrol may have to rethink its performance targets.
US grants Chevron, three service companies another waiver from Venezuelan sanctions
The US Treasury Department has given Chevron and three oilfield service providers permission to continue maintaining a limited presence in Venezuela, despite the continuation of sanctions.
Sempra raises stake in IEnova to 96.4%
US-based Sempra Energy reported last week that it had increased its equity stake in IEnova, its Mexican subsidiary, to 96.4% following the expiry of its share exchange offer.
Liza-1 production could rise to 150,000 bpd next year, Hess COO says
Hess has speculated that production rates at Liza-1, a section of the Stabroek block offshore Guyana, may rise to as much as 150,000 barrels per day next year.
PdVSA may repurpose Petropiar, Petrocedeno upgraders to facilitate gasoline production
Venezuela’s national oil company (NOC) PdVSA is reportedly looking into the possibility of repurposing some of the country’s heavy crude oil upgraders to facilitate gasoline production.
US to maintain support for GERD resolution
The US is to continue its diplomatic efforts to find a solution to the Grand Ethiopian Renaissance Dam (GERD) dispute, US State Department Spokeswoman Geraldine Griffith said at the weekend.
AfDB to lend $84mn to Rwanda to boost electricity access
The AfDB board has approved $84.22mn in loans and grants to electrify nearly 80,000 rural households in southern Rwanda.
Kenya to adjust minigrids regulations to boost private investment
Kenya’s Energy and Petroleum Regulatory Authority (EPRA) is considering proposals to allow private companies to buy electricity from state-owned Kenya Power and then sell it on in what could be a major boost for the country’s minigrid sector.
Scaling Solar supports 60 MW of solar capacity in Senegal
The World Bank Group's Scaling Solar programme has launched 60 MW of solar capacity in Senegal that will offer one of the lowest power prices in sub-Saharan Africa.
Africa Single Electricity Market launched in bid to provide universal access
The African Union has launched the Africa Single Electricity Market (AfSEM) in a bid to create an integrated power market and to improve cross-border links across the continent.
bneGreen: North Macedonia heads towards green energy transition
North Macedonia's national energy strategy foresees a 66% reduction of greenhouse gas emissions from the energy sector by 2030.
Boskalis making progress on pipeline for LNG-to-power project in El Salvador
Boskalis, a Dutch dredging and offshore services provider, has nearly completed work on a subsea pipeline that will support an LNG-to-power project in El Salvador.
Coal’s appetite for expansion puts net zero at risk
Current coal mine expansion productions now stand at 30% of current, putting at risk the move towards net zero
Mozambique begins construction of 450-MW Temane power plant
Mozambique has begun construction of the 450-MW Temane gas-to-power plant and accompanying transmission line in a project worth $1bn that is backed by the World Bank and the US government.
Karoon, Pitkin at odds over exploration drilling at Block Z-38
Australia’s Karoon Energy is at odds with one of its partners in a Peruvian exploration project with respect to exploration drilling plans.
Petrobras appeals Bolivian court’s ruling on ownership of gas field
Brazil’s national oil company (NOC) Petrobras is reportedly seeking to overturn a Bolivian court’s decision on the ownership of a large natural gas field.
HPCL expects Indian oil demand recovery soon
As India’s coronavirus (COVID-19) infections ease from record highs just a few weeks ago, hopes are growing that a recovery in oil demand is just around the corner.
Petronas builds upstream momentum
Malaysia’s state-owned Petronas has announced the award of a new deepwater services contract, as the company looks to bolster production at new and existing fields.
EBRD provides €2mn loan to North Macedonia’s Ohridska Banka for residential energy efficiency investments
Sinopec looks to cleaner future
The state-owned refiner is investing in both petrochemicals and hydrogen as it plans for a decline in transportation fuel demand.
Follow us online