Latest Stories

Iran’s oil minister openly admits forging export documents to dodge US sanctions

25 September 2020

Tanker tracking companies, meanwhile, see September surge in Iranian crude shipments with one describing “levels we haven’t seen in a year and a half”.

Carbon-neutral LNG moving into the spotlight

25 September 2020

The prospect of widespread carbon-neutral LNG trading is increasingly under discussion, but would need to be balanced with cost-competitiveness.

Egypt appeals for end to GERD dispute at UN

24 September 2020

Egyptian President Abdel Fattah Al-Sisi has appealed to the international community to bring an end to the dispute over the Grand Ethiopian Renaissance Dam (GERD) in Ethiopia.

US to provide $2.6mn to fund solar in sub-Saharan Africa

24 September 2020

Power Africa and USAID are to provide $2.6mn in grants to help solar companies provide off-grid power to healthcare facilities in sub-Saharan Africa.

IEA talks up CCUS as key to reducing emissions

24 September 2020

CCUS has a vital role to play in limiting global warning, the IEA says, but more investment and research is needed

Chinese long-term oil demand in question

24 September 2020

China has propped up international oil prices in recent years, but it may lose the ability to do so in the not too distant future.

FTS files for bankruptcy protection

24 September 2020

Hydraulic fracturing company FTS International, along with two affiliated units, has filed for Chapter 11 bankruptcy protection.

Petronas cuts staff numbers in Myanmar

24 September 2020

Malaysia’s state-owned Petronas has reportedly been reducing the size of its team at the Yetagun offshore natural gas field in Myanmar as it prepares for its eventual shutdown in a few years.

ONGC puts out fire at Gujurat gas processing plant

24 September 2020

India’s state-run Oil and Natural Gas Corp. (ONGC) has put out a fire at its natural gas processing plant in Gujurat State after the facility was rocked by three explosions.

PipeChina takes over Guangdong gas grid

24 September 2020

State-owned pipeline operator PipeChina has signed an agreement with the Guangdong Provincial government to take over the local natural gas grid.

Indonesia secures contractor production commitments

24 September 2020

Indonesia’s upstream watchdog has announced a new agreement with the country’s oil and gas contractors that aims to ensure the country’s long and short-term production targets are met.

India’s crude imports shrink in August

24 September 2020

India’s crude oil imports shrank 23.4% year on year in August to 15.15mn tonnes (3.58mn barrels per day), according to government data published on September 21.

Senex signs new gas supply deal, expands acreage

24 September 2020

Australian independent Senex Energy has signed a natural gas supply contract with a refinery near Queensland’s Gladstone Port.

Cameron LNG begins restart operations as US LNG exports rebound

24 September 2020

Sempra Energy, the operator of the Cameron LNG export terminal in Louisiana, said on September 18 that it had begun restart operations at the facility.

Alberta empties emissions reduction fund with new investments

24 September 2020

The government of Alberta said this week that it was emptying its Technology Innovation and Emissions Reduction (TIER) fund by spending CAD750mn ($560mn) on projects that help industries reduce their carbon emissions.