Latest Stories
African Mini-grid pioneers agree on merger
PowerGen Renewable Energy’s mini-grid merger with Tanzania’s Rafiki Power blazes a trail for innovative project investment in off-grid power
Eskom begins search for cash
South Africa’s ruling ANC has suggested that the government borrow from the country’s domestic financial markets in a bid to shore up Eskom’s finances.
Events in Argentina raise doubts about Vaca Muerta’s prospects
Recent developments in Argentina may force a downward revision in production forecasts for the Vaca Muerta shale basin.
Lamu Port’s first berth to be commissioned in October
Aramco’s Malaysian complex restarts CDU
Shell exits Indian gas distributor MGL
Royal Dutch Shell sold its remaining stake in Indian city gas distribution (CGD) company Mahanagar Gas Ltd (MGL) via a block deal on August 20.
Shell gets green light for 3-D seismic work at Santos Basin blocks
Brazil’s Ministry of the Environment has given Royal Dutch/Shell a green light to proceed with a seismic survey of two adjacent offshore blocks known as BM-S-54 and Sul de Gato do Mato.
Indian power producers favour coal over gas
India has touted natural gas and renewable energy as the answer to mounting urban air pollution, but structural inefficiencies within the power sector should help coal keep its pole position.
Rosneft output slumps on OPEC+ deal, other pressures
Argentina freezes fuel prices, shrugging off oil companies’ concerns
Argentina’s government has announced a 90-day freeze on motor fuel prices, and the new policy could spell trouble for upstream operators.
Guyana urged to bring multiple investors on board for offshore oil projects
Britain’s High Commissioner to Guyana has encouraged Georgetown to work with as many investors as possible with respect to the development of its offshore hydrocarbon resources.
Russia's Rosneft and finance ministry wrestle over Arctic funding
Russia's finance ministry is insisting that the moratorium on oil and gas extraction support is extended for the Arctic region, while Rosneft pushes through support for its Arctic project Vostok Oil.
ONGC aims to double output by 2040
India’s state-run Oil and Natural Gas Corp. (ONGC) has unveiled plans to double its oil and gas production by 2040 while also tripling its revenue.
Conrad hires rig for two wells offshore Indonesia
Indonesia-focused Conrad Petroleum has contracted a jack-up drilling rig for a two-well programme at its Duyung production-sharing contract (PSC) after securing government approvals for the development earlier this year.
Shenzhen Gas to start up LNG terminal
Shenzhen Gas has said it will launch operations at its wholly owned liquefied natural gas (LNG) import terminal in southern China’s Shenzhen City this week.
South Korea-Japan dispute could hit kerosene trade
South Korea and Japan’s ongoing trade dispute could lead Seoul to ban kerosene exports to its neighbour ahead of the winter heating season, driving up prices for Japanese buyers in the process.
Papua LNG agreement in doubt once more
After several months of mixed messaging from the Papua New Guinea (PNG) government, the future of the Papua LNG project is once more unclear.
Oilex files counterclaim in dispute with Timor Leste
Australian developer Oilex has filed a $23.3mn counterclaim against the Timor Leste government relating to an ongoing dispute over an offshore production-sharing contract (PSC).
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