Latest Stories

Papua LNG agreement in doubt once more

20 August 2019

After several months of mixed messaging from the Papua New Guinea (PNG) government, the future of the Papua LNG project is once more unclear.

Oilex files counterclaim in dispute with Timor Leste

20 August 2019

Australian developer Oilex has filed a $23.3mn counterclaim against the Timor Leste government relating to an ongoing dispute over an offshore production-sharing contract (PSC).

Motiva to buy Port Arthur chemical plant

20 August 2019

Refiner Motiva Enterprises is buying a chemical plant in Port Arthur, Texas, from an affiliate of Flint Hills Resources.

Start-up milestones for Cameron LNG, Freeport LNG

20 August 2019

The first liquefaction train at Sempra Energy’s Cameron LNG terminal on the US Gulf Coast has started commercial service, while Freeport LNG confirmed on the same day that it had also entered production.

Power outage results in Hibernia spill

20 August 2019

A power outage on the Hibernia oil production platform offshore Eastern Canada occurred over the weekend of August 17-18, resulting in a spill of 2,200 litres of oil into the Atlantic Ocean.

CNPC subsidiaries cancel plan to load Venezuelan crude

20 August 2019

Two CNPC subsidiaries have dropped plans to import several cargoes of Venezuelan oil in light of the US government’s new sanctions on Caracas.

Woodfibre LNG preparing to proceed with construction

20 August 2019

News that construction could soon begin on Woodfibre LNG is a further sign of progress, however slow, for Canada’s nascent LNG industry.

Second-quarter results show shale struggles

20 August 2019

The tough operating environment shale drillers find themselves in is being illustrated by a number of companies’ second-quarter results.

Japan’s SoftBank invests $110 in energy storage

20 August 2019

Softbank’s $100bn Vision Fund has made its first investment in energy storage technology by backing Swiss-based energy storage start-up Energy Vault with $110mn.

EPIC begins Permian crude shipments

20 August 2019

EPIC Midstream Holdings has started crude shipments from the Permian Basin to the Texas Gulf Coast.

India, China argue over climate change costs

20 August 2019

India and China are leading a call by the world’s largest emerging economies for established industrialised countries to carry the costs of fighting climate change

China to step up mine safety record

20 August 2019

China is to begin a series of safety inspections at its coal mines during September after a number of fatal accidents in recent months

BW Energy spuds exploration well offshore Gabon

20 August 2019

The Anglo-Norwegian company BW Energy and its partners have begun drilling a new vertical exploration well at Hibiscus Updip, a prospect within the Dussafu Marin contract area offshore Gabon.

Namibian official explains rejection of refinery proposals

20 August 2019

Namibia’s Ministry of Mines and Energy confirmed last week that it was not yet ready to approve any of the proposals it has received for the construction of an oil refinery.

Nigerian government criticises SPDC’s attempt to retain OML 11 operatorship

20 August 2019

Nigeria’s federal government has signalled that it will continue to battle Royal Dutch Shell’s attempt to regain its position as operator of Oil Mining Lease 11 (OML 11).