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Imperial, Alberta’s energy regulator knew about Kearl’s tailings seepage for years
Imperial Oil and the Alberta Energy Regulator knew for years about the Kearl oilsands tailings seepage, documents reported by Canadian Press show.
Flaring increases in Permian
Flaring is increasing again in the Permian basin, with enough gas flared in one year to meet the US’s domestic gas needs for an average day.
Oil, gas emissions undercut Canada’s climate progress, says estimate
Emissions from oil and gas – as well as from buildings – continued to rise in 2022, undercutting Canada’s climate progress, according to a new independent estimate from 440 Megatonnes, a project of the Canadian Climate Institute.
Iran to expand 50-MW wind farm in SE region
TotalEnergies exits oil sands
Suncor Energy is to acquire TotalEnergies’ outstanding Canadian operations for CAD1.47 68bn ($1.1bn).
Civitas to buy $2.1bn of oil assets in Permian
Civitas Resources is to buy $2.1bn of oil assets in the Permian Basin. The company will acquire the oil producing assets in the Midland Basin of west Texas from Vencer Energy, the US upstream venture of global energy trader Vitol.
Nigeria’s NNPCL enters renewable energy partnership with Ceesolar
The Research, Technology and Innovation division of the Nigerian National Petroleum Company Ltd (NNPCL) has entered into a significant partnership with renewable energy firm Ceesolar Energy.
Venezuela’s PDVSA reactivates lubricant plant in Carabobo
State-owned Petróleos de Venezuela has announced the reactivation of a lubricant production facility located in Carabobo. This marks a significant step in PDVSA's efforts to bolster its presence in the automotive, industrial and fishing sectors.
Russia selling oil to India at a premium amid tight global markets
Russia is now reportedly selling oil to India at nearly $80 per barrel, around $20 per barrel above the current Western price cap, according to statements from traders and Reuters calculations.
Vietnam emerges as a major player in the global LNG market
Malaysia reveals plans in renewable energy and hydrogen economy
Malaysia is set to become a regional leader in the renewable energy and hydrogen economy sector with the unveiling of the Hydrogen Economy and Technology Roadmap (HETR) and the implementation of the National Energy Transition Roadmap (NETR).
Kazakhstan advances plans to expand oil pipeline network to export 200,000 barrels per day to China
Russian Lukoil to lend Azeri SOCAR $1.5bn to boost Turkish refining
Russia’s second-largest crude producer, Lukoil, will lend Azeri state oil firm SOCAR $1.5bn as part of a broader deal that will allow SOCAR's Turkish STAR refinery with 0.2mn barrels per day of capacity to receive Russian oil again.
Natural gas could power Africa’s industrialisation process and end the region’s huge energy poverty
Africa must be allowed to exploit its vast natural gas reserves so that it can undergo a wholesale industrialisation process and so that energy can be brought to millions of homes.
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