Latest Stories

FAR, Glencore sign MoU on marketing of Sangomar production

27 January 2020

Australia’s FAR revealed last week that it had signed a memorandum of understanding (MoU) with Glencore on the marketing of oil from the Sangomar block offshore Senegal.

NLNG in 10-year supply deals with Total, Eni

27 January 2020

The Nigeria LNG (NLNG) consortium has concluded 10-year supply agreements with subsidiaries of Total and Eni.

Tullow, Total reportedly appoint agent for sale of Kenyan stakes

27 January 2020

France's Total and the UK-Irish independent Tullow Oil are reportedly taking concrete steps to reduce their holdings in Kenya.

Total signs 10-year supply deal with Nigeria LNG

23 January 2020

France’s Total has struck a deal to buy 1.5mn tonnes per year (tpy) of LNG from the Nigeria LNG (NLNG) terminal on Bonny Island.

Sinopec reportedly to review potential Cheniere deal

23 January 2020

Reports have emerged that China’s Sinopec is planning to review the terms of a potential supply deal it is expected to strike with US LNG exporter Cheniere Energy once trade relations between the two countries improve.

Azito Energie reaches financial close for Côte d’Ivoire

23 January 2020

African IPP Azito Energie has reached financial close on its 253-MW expansion of the existing 460-MW Azito gas-fired power plant near Abidjan in Côte d’Ivoire.

Gas troubles in Trinidad and Tobago

23 January 2020

Trinidad and Tobago's gas sector is under pressure, both at home and in the export market.

ExxonMobil loads first 1mn barrel cargo of Guyanese oil

23 January 2020

ExxonMobil said it had loaded and dispatched its first cargo of crude oil from the first stage of Liza, a field that lies offshore Guyana, on January 20.

Pemex issues $5bn worth of 11- and 40-year bonds

23 January 2020

Mexico’s national oil company (NOC) Pemex said on January 21 that it was issuing $5bn worth of new medium- and long-term bonds denominated in US dollars.