Latest Stories

Thailand looking at LNG spot market

30 January 2020

Thailand’s Ministry of Energy has ordered state-owned oil and gas company PTT to assess the feasibility of buying LNG on the spot market in order to take advantage of lower prices.

High hopes for Europe

30 January 2020

The LNG industry is hopeful that Europe will be able to absorb more supply this year, as a global glut of the fuel continues to weigh on prices.

Moving towards a consensus

30 January 2020

Brazil’s government appears to be moving in the direction of deciding against OPEC membership.

SA takes small reform steps, but new laws are needed to save Eskom

30 January 2020

Load-shedding has returned to South Africa, but reform talks are beginning to make headway despite a lack of much-needed legislation

PdVSA’s last two operational refineries are reportedly offline

30 January 2020

PdVSA, Venezuela’s national oil company (NOC), has reportedly suspended operations at the country’s largest oil refinery – the Amuay plant, which has a capacity of 645,000 barrels per day.

CaribX seeking to become majority shareholder in Main Cape offshore Honduras

30 January 2020

UK-based CaribX is looking to become the majority shareholder in Main Cape, a licence area located offshore Honduras.

Mexico reportedly downplays Maya crude futures in latest hedging programme

30 January 2020

Details about Mexico's most recent oil hedge may be starting to leak out.

Premier Oil presents updated development plans for Sea Lion

30 January 2020

UK-based Premier Oil presented the development plan for Sea Lion, a field within the PL032 block off the coast of the Falkland Islands, at a public hearing in Stanley last week.

Investment in Colombian oil and gas set to rise this year

30 January 2020

Colombia is on track to see investment in oil and gas projects rise substantially this year, according to a local industry group representing private operators.

PGS completes 3D seismic survey of Corentyne block offshore Guyana

30 January 2020

Canada’s CGX Energy said last week that its contractor had completed a 3D seismic programme at Corentyne, a prospective oil block located offshore Guyana.