Latest Stories

Indian coal imports rise 12.6% in 2019

11 March 2020

India's thermal coal imports rose 12.6% to nearly 200mn tonnes in 2019, according to Indian government data.

Former Shell exec leads efforts to cut Venezuelan gas flaring

11 March 2020

A former executive of the Anglo-Dutch oil major Royal Dutch Shell is reportedly leading efforts to reduce associated gas flaring in Venezuela, following a similar campaign in Iraq.

Mexico hopes to draw $92bn in private energy investments

11 March 2020

Private sector operators in Mexico are reportedly prepared to make nearly $92bn worth of new investments in government-run projects.

Latin-focused Echo Energy prepares stand-by credit on oil price volatility

11 March 2020

Echo Energy, which has assets in Argentina and Bolivia, has said it is putting in place a new stand-by credit facility of up to GBP1mn in light of recent movements in oil prices.

Asia’s biggest oil producers size up low price environment

11 March 2020

Some of Asia’s biggest crude oil producers are preparing to respond to the past week’s crude oil price crash, triggered by Russia and Saudi Arabia’s inability to agree on production cuts as well as the coronavirus pandemic.

Venezuela seen restarting two key oil upgraders soon

11 March 2020

Venezuela’s national oil company (NOC) PdVSA is reportedly planning to restart operations at two key oil upgraders in the coming months, following months of inactivity.

Japan opens world’s largest green hydrogen plant

11 March 2020

Japan has opened a pioneering 20-MW green hydrogen production plant as the government drives renewables development in a bid to diversify the energy sector away from fossil fuels.

Dangote Group outlines plan for offshore gas pipeline project

10 March 2020

Nigeria’s Dangote Industries Ltd (DIL) has outlined plans for the construction of a high-capacity subsea pipeline capable of handling more than 31bn cubic metres per year of associated gas from offshore oilfields.

Oil price crash raises questions for energy transition

10 March 2020

The global oil and gas industry’s enthusiasm for the energy transition could be in doubt as the world reacts to the collapse of the oil price and the spread of the coronavirus.

3% decline in coal generation not enough to meet Paris targets

10 March 2020

China’s coal expansion has cancelled out the fuel’s decline in Europe and the US. China must also reduce its exposure to coal if the Paris targets are to be met

Mexico Pacific Ltd awards FEED contract for Puerto Libertad LNG plant

10 March 2020

Houston-based Mexico Pacific Ltd (MPL) has awarded Technip USA a contract for work on a proposed LNG plant in Mexico’s Sonora State.