Latest Stories

Romania moves to terminate talks with Chinese partner in nuke project

15 June 2020

Bucharest asked Nuclearelectrica to terminate talks with CGN on expanding Cernavoda nuclear power plant, as discussions yielded no results in seven years.

Green energy companies reach a compromise with the Ukrainian government to avert an energy crisis this summer

12 June 2020

Green energy investors into Ukraine have struck a compromise deal with the government, which wants to drastically cut the green energy tariffs retroactively, sparking a mass protest by Ukraine’s most significant direct foreign investors

Venezuela’s Iranian stopgap

12 June 2020

Gasoline shortages are likely to remain a problem for Maduro after Iranian supplies run out.

Technical problems force production rates down at Liza oilfield

12 June 2020

Guyana may not be able to load its third cargo of crude oil for export on schedule next month, owing to setbacks at Liza, the country’s only operating field.

Pemex reportedly cancels $160mn worth of service contracts

12 June 2020

Pemex has reportedly cancelled contracts with a number of its major suppliers and service providers

Turkey to build gas pipeline to supply Nakhchivan

11 June 2020

The move would sideline Iranian gas sales to the Azerbaijani exclave and help Ankara get back in Washington’s good graces.

Is Libya the new Syria?

11 June 2020

In brazen move, Russia flies squads of fighter jets to desert airfields after Moscow-allied rebel commander is pushed back by Turkish-backed forces in civil war. US now worried Kremlin might shape the conflict.

Canada’s Inuvialuit unveil LNG plan

11 June 2020

A corporation representing the Inuvialuit – an indigenous group in Canada’s western Arctic region – has unveiled a plan to begin producing LNG in a bid to boost the region’s energy security.

Shell sees LNG rebounding to pre-COVID-19 levels

11 June 2020

Royal Dutch Shell has expressed confidence over the potential of the LNG trade to recover to the levels seen before the COVID-19 pandemic.

Re-opening of St. Croix refinery likely to be delayed again

11 June 2020

The government of the US Virgin Islands has indicated that the re-opening of the St. Croix oil refinery is likely to be delayed once more.