Latest Stories

Gulf Coast refiners making manoeuvres amid COVID-19 outbreaks

16 July 2020

Refiners on the US Gulf Coast are trying to maintain operations and make various moves while battling coronavirus (COVID-19) outbreaks and delays related to the pandemic.

No deal again for GERD

16 July 2020

Egypt has called on Ethiopia to clarify if it has indeed started to fill the $4bn Great Ethiopian Renaissance Dam, after reports in regional media this week that water levels has started to rise.

Diamondback scales back 2020 output forecast

16 July 2020

Shale driller Diamondback Energy has scaled back its production forecast for 2020, citing higher-than-expected curtailed volumes in the second quarter of the year, and volatile crude prices.

SA urged to pursue renewables to meet Paris targets and avoid higher tariffs

16 July 2020

Increasing investment in renewables will allow South Africa to meet power future demand, reduce emissions and meet its Paris Agreement commitments.

Gas flows to US LNG terminals fall to new lows

16 July 2020

Natural gas flows to US liquefaction terminals fell to new lows in July, having already registered a 20-month low in June.

Portugal's EDP buys Spain's Viesgo to raise green exposure

16 July 2020

Portugal’s largest utility EDP has given the European M&A market a boost by buying Spain’s Viesgo from Macquarie for EUR2bn ($2.3bn), increasing its exposure to renewables and grid assets.

Green hydrogen costs predicted to fall

16 July 2020

Hydrogen produced by green electricity could be cheaper than hydrogen produced by burning natural gas by 2030.

Big Oil turns to renewables to power production

16 July 2020

Big Oil turns to renewables to power production

Pemex, US-led consortium ordered to unitise Zama oilfield

16 July 2020

Mexico’s state oil company Pemex and a US-led private consortium have been told they must establish a joint development plan for the Zama oil discovery in the Gulf of Mexico.

ANP to resume offers of open access to Gasbol pipeline

16 July 2020

Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) is preparing to offer open access to the Bolivia-Brazil gas pipeline (Gasbol) once again.

IOCs said to be mulling bids for Brazil’s offshore Golfinho cluster

15 July 2020

As Brazil’s national oil company (NOC) Petrobras moves forward with plans to sell the Golfinho cluster, it is on track to receive bids from several international oil companies (IOCs), including Norway's BW Offshore and DBO Energy.

NextDecade reduces Rio Grande LNG plan to five trains

15 July 2020

NextDecade is optimising the plan for its Rio Grande LNG export project on the Texas Gulf Coast, which will allow it to reduce the scale of the facility from six liquefaction terminals to five while still producing 27mn tonnes per year as planned.

US oil imports from Mexico surge to 8-year high

15 July 2020

The volume of crude oil imported from Mexico into the US jumped to its highest level in more than eight years in early June.

Pipeline jitters overshadow return of curtailed output

15 July 2020

North American producers are restoring some of the output they curtailed in recent months, while concern mounts over the fate of both future and existing pipelines.

Argentina looking to revive plans for expansion of gas pipelines

15 July 2020

Argentina’s natural gas regulator Enargas is taking steps to revive a pipeline expansion programme that has been on hold.

National Grid starts work on Viking Link

15 July 2020

Siemens has begun construction of National Grid’s Viking Link between the UK and Denmark

NSW pushes forward with renewable energy zones

15 July 2020

The New South Wales government is to provide A$79mn ($55mn) of public funding to support the New England Energy Zone.

Green investment rises 5%

15 July 2020

Renewable investment showed great resilience in the first half of 2020, increasing 5% in the face of the unprecedented economic shock caused by COVID-19.