Latest Stories

TEHRAN BLOG: Trump frets as Iranian fuel tanker steams to Venezuela

15 May 2020

Maduro said to be paying Tehran in bars of gold for gasoline to relieve acute shortages. US president—needing a foreign policy victory such as the dislodging of the strongman ahead of his re-election bid—is reportedly considering his options.

Australian LNG exports reported as holding up in April

14 May 2020

Australia’s LNG exports remained robust in April, despite many countries going into lockdown as they sought to contain the coronavirus (COVID-19) pandemic, thus putting the brakes on demand.

Warnings sounded over Qatar’s LNG strategy

14 May 2020

A warning has come this week that Qatar may need to shut in LNG production if it is to avoid a battle for market share that could tank gas prices.

Report: India’s LNG import growth depends on pipelines

14 May 2020

The US Energy Information Administration warned last week that the future growth of India’s LNG imports depended on the timely completion of new gas pipeline networks.

Debt and losses continue to hold back Nigeria’s power sector

14 May 2020

Nigeria’s power sector continues to stack up huge losses and be plagued by non-payment of bills as the inadequate and poorly maintained transmission and distribution systems fail to meet demand.

Sudan rejects Ethiopia’s latest GERD proposals

14 May 2020

Sudan has rejected Ethiopia’s latest proposals to break the current impasse over the filling of the Grand Ethiopian Renaissance Dam (GERD).

ZapSib cushions the blow of the coronavirus crisis to Sibur’s 1Q20 results

14 May 2020

Leading Russian petrochemical company Sibur's revenues were down 7.8% year on year due to falling prices in ruble terms caused by the current economic crisis, but the newly completed ZapSib facility has cushioned the blow.

AfDB to probe Kenya’s Last Mile Connectivity Project

14 May 2020

The African Development Bank (AfDB) is to carry out a full audit of Kenya’s Last Mile Connectivity Project after the scheme was hit by accusations of fraud that resulted in China’s Sinotec being banned from further AfDB projects.

AfDB, Clean Technology Fund lend $10mn to kick-start Ethiopian geothermal IPP

14 May 2020

The Clean Technology Fund (CTF) is to lend $10mn to Ethiopia’s first geothermal independent power producer (IPP) in a bid to help diversify the country’s energy mix.

Williams to provide Anchor gas transport services

14 May 2020

Pipeline operator Williams announced last week that it had agree to provide offshore natural gas transportation services to the Anchor project in the US Gulf of Mexico.