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Oilex finds new buyer Cooper-Eromanga assets
Australian junior Oilex has found another buyer for its interests in the Cooper-Eromanga Basin after its first deal fell through in April.
US extends tax credit deadlines for green projects
The US government has extended ITC and PTC deadlines for green projects
Pakistan may cut fuel prices despite refiners’ concerns
Pakistan’s Oil and Gas Regulatory Authority (OGRA) has reportedly called for retail gasoline prices to be reduced despite warnings of a looming fuel shortage.
Indian refinery runs plummet in April
India’s refinery runs fell 28.8% year on year to 14.75mn tonnes (3.6mn barrels per day) in April as the country’s prolonged coronavirus (COVID-19) lockdown drove down oil product demand.
Pertamina to bring Balikpapan refinery back on stream in June
Indonesian national oil company (NOC) Pertamina said this week that it intended to restart its Balikpapan refinery from June 1 as Indonesia weighs up plans to ease or even exit its lockdown.
SA insists Eskom install flue gas scrubbers at Medupi
The South African government has ruled that Eskom must install flue gas desulphurisation equipment at the Medupi power plant.
Santos completes acquisition of ConocoPhillips’ gas assets
Australian independent Santos has completed its acquisition of US super-major ConocoPhillips’ northern Australia and Timor-Leste assets for a reduced upfront price.
Indonesia’s Mako gas field receives resource boost
Conrad Petroleum’s Mako natural gas field offshore Indonesia has seen its resources upgraded significantly following an independent audit, junior partner Coro Energy said this week.
For first time Turkey’s LNG imports outstrip pipeline gas imports
Gas delivered via pipelines from Russia and Iran down 72% y/y and 33% y/y in March. US expanding shipments of liquefied natural gas amid glut as spot prices fall.
Ukraine signs deal to buy US LNG
Petronas cuts spending amid collapsing profits
Petronas intends to cut spending across the board after low energy prices more than halved the company’s bottom line in the first quarter.
China's Yutong sells 760 CNG buses to Kazakhstan
EBRD reviewing project to provide $25mn to Tajikistan for smart grid metering infrastructure
ConocoPhillips reaffirms Alaska production cut even as TAPS ramps flows back up
ConocoPhillips, the largest oil producer in Alaska, has reaffirmed a plan to cut output by around 100,000 barrels per day in the state in June, which comes despite flows on the Trans-Alaska Pipeline System being ramped back up.
Enbridge seeks rate increase on oil pipelines
Calgary-based Enbridge has proposed raising the tariff rates on its Express and Platte crude pipelines, which carry Canadian oil to points in the US.
TC Energy completes sale of Coastal GasLink stake
Canada’s TC Energy has completed the sale of a 65% stake in the Coastal GasLink pipeline, which it is building in British Columbia.
Amazon announces five solar projects in China, Australia and US
Amazon has announced five new renewable energy projects in China, Australia and the US
Socar AQS opens 40 wells to expand storage capacity of Salt Lake natural gas facility in Turkey
Siemens Gamesa to install 14-MW offshore turbines at Taiwan’s Hai Long 2
Siemens Gamesa to install 14-MW offshore turbines at Taiwan’s Hai Long 2
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