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McDermott to conduct FEED study of FPU for BHP’s Trion field
US-based McDermott International will provide FEED services for a semi-submersible floating production unit (FPU) that will be installed at Mexico's offshore Trion field.
PetroTal expects Bretaña field to yield 18,000-19,000 bpd by year-end
PetroTal (Canada) expects production levels at Bretaña, its flagship oilfield in Peru, to rise to at least 18,000 barrels per day by the end of this year.
TGS blames government pricing policy for losses in Q1-2021
Transportadora de Gas del Sur (TGS), Argentina’s largest transporter of natural gas, has blamed the government for its poor financial performance in the first quarter of the year.
Xcel to buy lower-emissions gas for Colorado customers
Electricity and gas utility Xcel has struck a deal to buy natural gas with strict greenhouse gas (GHG) emissions controls for its customers in Colorado.
Protests roil Colombian LPG market
Civil unrest in Colombia is reportedly disrupting deliveries of LPG to the domestic market.
Investors submit 10 bids for three blocks offshore Suriname
Staatsolie, the national oil company (NOC) of Suriname, said last week that it had received bids for less than half of the eight offshore blocks included in its latest licensing round.
Guyana set for first licensing round in 2022
Guyana’s government has indicated that it intends to move forward with its first offshore licensing round next year.
CGX says it is more optimistic about Corentyne following 3-D seismic study
Canada’s CGX Energy has said it is even more optimistic about its chances of finding oil at the Corentyne block offshore Guyana following the acquisition of additional seismic data.
ExxonMobil seeks Guyanese EPA’s permission to develop Yellowtail
Guyana’s Environmental Protection Agency (EPA) reported last week that ExxonMobil had formally applied for permission to develop Yellowtail, one of 19 offshore oilfields discovered within the Stabroek block.
Keppel to build P-78 FPSO under new contract with Petrobras
Petrobras has tasked Keppel Shipyard (Singapore) with building a new FPSO unit to be deployed at Búzios, an offshore oilfield in the pre-salt section of the Santos basin.
Line 5 fight escalates as Michigan’s shutdown deadline passes
Enbridge has kept its Line 5 pipeline operating beyond the deadline that Michigan had set for a shutdown, in an escalation of their dispute over the project’s fate.
European industry awaits EC proposals
Dumsor in West Africa as water levels fall in Cote d’Ivoire and Ghana
Declining power output in Cote d’Ivoire and Ghana has caused power cuts in neighbouring West African countries such as Mali and Burkina Faso.
Nigeria’s Starsight Energy moves into East Africa
Nigeria’s Starsight Energy has announced its acquisition of a 50% stake in the East African operations of Commercial and Industrial (C&I) solar power provider, Premier Solar Group.
The IFC considers funding costly power ships in South Africa
The International Finance Corp.’s interest in supporting potential suppliers of emergency power to South Africa has provoked criticism from climate activists.
Kenya to set up emissions trading system
Kenya is close to setting up an emissions trading system in a bid to limit the release of greenhouse gases.
ACWA Power begins construction of 100-MW Redstone CSP project
Saudi Arabia’s ACWA Power has announced the start of construction at the 100-MW Redstone CSP project in South Africa after reaching financial close.
Australian decomm levy frustrates upstream
Sinopec incentivises VLSFO production
China’s state-run Sinopec Corp. is reportedly offering to incentivise production of very low sulphur fuel oil (VLSFO) among its refineries.
Japan to help develop Philippine SPR programme
The Philippines has reached a preliminary agreement with Japan to develop a strategic petroleum reserve (SPR) to help insulate the Southeast Asian nation from future oil shocks.
ADB mulls end to upstream funding
The Asian Development Bank (ADB) has announced plans to phase out funding for upstream projects while also introducing conditions on fossil fuel investments in general.
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