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Trinity in talks on $500mn refinery in South Sudan
NNPC extends oil-for-fuels scheme
Deals close as US industry consolidation gains momentum
The closing of Chevron’s acquisition of Noble Energy comes as M&A activity in the US energy industry appears to be picking up.
Ampol mulls Australian refinery closure
Australian refiner and fuel retailer Ampol has warned that it may have to shutter its 109,000 barrel per day Lytton refinery in Queensland after the facility’s losses in the first nine months blew out to AUD141mn ($100.6mn).
China’s downstream expansion steamrolls on
China is reportedly building four refineries that will add 1.4mn barrels per day of processing capacity, enough to cause some serious concerns for the regional downstream.
Petron threatens to close last Philippines refinery over “unfair” taxation
The Philippines could be about to lose its last refinery after Petron warned that it was weighing up whether to close its 180,000 barrel per day facility in Bataan.
Kepco E&C teams up with shipbuilder for floating reactors
South Korea's Kepco Engineering & Construction Company (Kepco E&C) and Daewoo Shipbuilding & Marine Engineering (DSME) have signed a memorandum of understanding to co-operate on the development of floating nuclear power plants.
Voltalia to build 12-MW solar plant at Caledonia Mining’s Zimbabwe gold mine
AIM-listed Caledonia Mining has appointed Voltalia to build a 12-MW solar power plant at the Blanket gold mine in Zimbabwe.
India plans gas pricing reforms
The Indian government has unveiled plans to allow developers of new natural gas fields to sell their production on e-bidding platforms, in a bid to move toward market-determined pricing.
MedcoEnergi posts $96mn first-half loss
Indonesian oil and gas developer MedcoEnergi may have posted a first-half net loss of $96mn, but the company remains upbeat about the future and has said it will continue with its upstream investments.
Bahamas Petroleum Co. secures extension for Goudron contract in Trinidad
Bahamas Petroleum (BPC) said last week that its service contract for the Goudron field in Trinidad and Tobago had been extended until the end of the year.
Peruvian activists occupy state-run pipeline infrastructure
Indigenous activists in Peru have begun occupying facilities belonging to state-controlled Northern Oil Pipeline (ONP), demanding better healthcare and social benefits in the face of the coronavirus (COVID-19) pandemic.
Iranian ships bring more fuel to Venezuela
Three tankers filled with Iranian petroleum products have arrived in Venezuela during the last week, bringing desperately needed supplies to the South American country.
Macquarie, Siemens units invest in energy-as-a-service in US
Macquarie Group and Siemens are to create a joint venture called Calibrant Energy to win business in the emerging energy-as-a-service (EaaS) sector in the US.
Lithuania’s KN January-September revenue down 24% to €58.5mn
EBRD’s shareholders accept Iraq’s membership
Russia's Gazprom mulls issuing perpetual bonds
TC Energy offers to buy remainder of TC PipeLines
North American midstream player TC Energy has proposed buying all of the shares of TC PipeLines, an indirect subsidiary and master limited partnership (MLP), that it does not already own.
Bright Energy opens 180-MW Warradarge wind farm in Western Australia
Bright Energy Investments has completed the 180-MW Warradarge wind farm in Western Australia's Mid-West.
Siemens Gamesa wins 260-MW wind turbine order from Pakistan
Siemens Gamesa has secured wind turbine orders totalling 260 MW from Pakistan between June and September, adding to the 150 MW already closed in the previous nine months.
Azerbaijan accuses Armenia of attempted cluster rocket attack on oil and gas pipelines
Yerevan calls Baku’s claim “outright lies”. Markets nervous successful strike could wreck plan to export Azerbaijani oil to European Union from November.
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