Latest Stories
Will Brazil boost gas imports again in response to drought?
Rain shortages in northern Brazil have led the government to stockpile fuel for diesel generators.
Tellurian seeks extension to complete Louisiana LNG plant
LNG developer Tellurian is seeking a three-year extension for completing its Driftwood LNG plant in Louisiana.
Venezuela-US thaw points to new sanction waivers and sparks resumption of Maduro-opposition talks
Brazil’s CCS sector demands clear regulatory framework
South Africa’s energy minister Gwede Mantashe on mice, men, and methane
South Africa’s Mineral Resources and Energy Minister Gwede Mantashe was a guest speaker at the Africa Oil Week conference in Cape Town on October 10.
Africa-focused investor Adenia buys majority stake in South African rooftop solar financing firm Enfin
Adenia Partners, an Africa-focused private markets investment firm has acquired a majority stake in Enfin, a provider of solar funding solutions for commercial and industrial (C&I) clients in South Africa.
Delfin gets four-year extension for LNG port facilities
Delfin LNG has more time to complete the first phase of its Gulf of Mexico export plant. FERC extended until September 28, 2027 the amount of time Delfin has to put into service the onshore portion of its proposed floating export facility.
Petrobras’ refineries post highest utilisation rate since 2014
Petrobras’ refineries utilisation rate stood at 97% in September for the second consecutive month, the Brazilian state-owned energy major reports.
Malaysian parliament passes energy efficiency law to reduce carbon emissions
The Malaysian Parliament has approved legislation mandating the country's largest energy consumers to implement electricity-saving measures as part of their efforts to reduce energy consumption and carbon emissions.
Nigerian energy firm Seplat's ambitious ExxonMobil deal in limbo as NNPCL exerts preemptive rights
Report: Canadian oil output to soar to new high within two years
A new study by Deloitte Canada finds that Canadian oil production will rise because of the start-up of the expanded Trans Mountain pipeline from Alberta to the British Columbia. The pipeline expansion is expected to be complete in 2024.
Brazil’s inflation up to 5.19% in September on rising fuel costs
Brazil’s annual rate of inflation rose to 5.19%, up from 4.61% in August, as transport costs increased, the country's statistics office reports.
Pemex denies reports of free oil deliveries to Cuba
Mexico’s national oil company, Pemex, has denied allegations that it is supplying crude oil to Cuba without charge.
Vessel restrictions in Gulf of Mexico would cut oil, gas output by 24%
A new analysis released by the American Petroleum Institute suggests that if the Biden administration’s vessel restrictions were implemented in the Gulf of Mexico, oil and gas production would decline dramatically.
AES and Canada’s Seaspan to supply LNG to vessels transiting Panama Canal
AES to partner with Canada's Seaspan to supply LNG as maritime fuel to vessels utilising the Costa Norte LNG terminal in Panama.
Laos drives Southeast Asia's largest wind power project
In an era of escalating energy demands and mounting environmental concerns, Southeast Asia is taking a monumental stride towards a sustainable energy future.
Fossil fuel subsidies on the rise
According to calculations by the International Monetary Fund (IMF), $7 trillion were spent on direct and indirect subsidies for fossil fuels in 2022.
IFC invests $200mn in four development projects in Morocco
Trinidad and Tobago launches Shallow Water Competitive Bidding Round 2023
Trinidad and Tobago’s Ministry of Energy and Energy Industries (MEEI) has launched a licensing round covering 13 shallow-water blocks in the offshore zone.
Follow us online