Latest Stories

Bulgaria’s competition watchdog bans sale of CEZ’ assets to Eurohold

24 October 2019

Czech utility's second attempt to offload its Bulgarian assets is blocked by regulator, which warns deal would cause a "significant deterioration" of market competition.

Enel Russia sells its biggest coal-burning power station as it goes green

24 October 2019

Russia’s biggest foreign-owned utilities company has finally sold its Reftinskaya power station for an undisclosed amount as part of its efforts to “go green” as well as become more profitable.

PdVSA bond payment deadline approaches

24 October 2019

PdVSA risks losing control of Citgo, as it will have a hard time paying bondholders $913mn on October 28, and a breakup would benefit neither Maduro nor Guaido.

US regulators propose rules for shipping LNG by rail

24 October 2019

The US Department of Transportation is moving ahead with a proposal to allow LNG to be shipped by rail in DOT-113 tanker wagons.

Japanese push to establish bunkering hub underway

24 October 2019

Japan is making strides in its efforts to position itself as a new LNG bunkering hub as the shipping industry prepares for new fuel regulations.

Guyana not ready to make decision about disposal of future oil production

24 October 2019

A Guyanese official indicated last week that the government had not yet made any final decisions about how to dispose of its share of future crude oil production.

Bolivian gas sector’s future looks uncertain

24 October 2019

The future of Bolivia’s natural gas industry is looking uncertain – and not just because of the turmoil and accusations of voter fraud surrounding the presidential elections held on October 20.

Brazil’s ANP authorises four more companies to bid for pre-salt fields

24 October 2019

Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) revealed last week that it had added four more international oil companies (IOCs) to its list of businesses eligible to participate in the next production-sharing bidding round.

Ecuador resumes oil exports, lifts force majeure

24 October 2019

Ecuador’s national oil company (NOC) Petroecuador resumed normal crude export operations on October 20.

Philippines, Russia discuss South China Sea exploration

23 October 2019

The Philippine government last week welcomed a delegation sent by Russia’s state-run Rosneft to discuss the possibility of jointly exploring the waters offshore the Southeast Asian country.

Russia engages Africa on nuclear power

23 October 2019

The Russia-Africa Summit in Sochi opened on October 23, with Moscow seeking to increase its engagement with Africa in a number of areas.