Latest Stories

Russian pipe major TMK to hold SPO on Moscow Exchange

23 September 2023

Russian oil and gas pipe maker TMK will hold a secondary public offering of around 15mn shares, or 1.5% of the issued capital, at a price of RUB205-RUB235 per share on the Moscow Exchange,

Trans Mountain asks regulator to okay pipeline tolls

22 September 2023

In Canada, government-owned Trans Mountain Corp. has asked a regulator to okay tolls that shippers say are too high.

PANNIER: How ‘C5+1’ set the stage for a new era in US-Central Asia relations

22 September 2023

Focus shifts from security to energy security, renewable energy and transportation infrastructure, while there are no illusions about delivering democracy.

Canadian CCS project cannot proceed until prices locked in

22 September 2023

A large carbon capture and storage project in Canada’s oil sands cannot proceed until the federal government locks in future carbon prices, said the Pathways Alliance.

Energean announces good results for 1H 2023, Karish production at 6 bcm

22 September 2023

The London-listed and TASE-listed company said overall production during the period averaged 105,900 barrels of oil equivalent per day, of which 82% was natural gas produced at the Karish gas field, the company’s main focus of operations.

US to impose new sanctions on Russia’s booming LNG exports

22 September 2023

The US is piling the pressure on Russia’s booming LNG exports with a new round of sanctions that will make production and transport more complicated. The latest round of sanctions takes aim at Russia's LNG expansion and trade efforts.

DNO reports gas condensate find off Norway

22 September 2023

The discovery is preliminarily estimated to contain 25-130mn boe in gross recoverable resources on a P90-P10 basis, with a mean of 70mn boe, DNO said. The resources were located in a Jurassic reservoir zone with high-quality sandstones.

Norwegian gas flow continued to decline in August

22 September 2023

Norwegian natural gas production continued to decline in August, according to the Norwegian Petroleum Directorate (NPD), in an unwelcome development for European customers ahead of next winter.

Russia makes first attacks on Ukraine energy infrastructure as winter looms

22 September 2023

A series of missile strikes on energy installations were carried out on September 21, leaving a trail of destruction in the western and central regions of Ukraine, as reported by the national power company Ukrenergo.

New CEO appointment for South Africa’s power utility Eskom stalled by minister

22 September 2023

South Africa’s struggling state-run power utility Eskom is still without a chief executive nine months after the previous CEO, André de Ruyter, resigned. The board's candidate was rejected by Public Enterprises Minister Pravin Gordhan.

Oil output from top US shale regions to decrease in October, says EIA

22 September 2023

Oil output from the top US shale regions will decrease in October for the third straight month, says the Energy Information Administration. This will bring it to the lowest level since May.

Equinor files $374mn development plan for Eirin gas field

22 September 2023

Norway’s state-owned Equinor announced last week a NOK4bn ($374mn) development plan for the Eirin gas discovery in the North Sea, the country’s petroleum ministry announced at the end of last week.

Russia reconnoitring Ukraine’s energy infrastructure ahead of winter attacks

22 September 2023

Russian forces are reportedly conducting reconnaissance missions targeting Ukrainian energy facilities, raising concerns of attacks on key infrastructure this winter, Ukrainska Pravda reported on September 20.

Indonesia Clean Energy Forum advocates for reforms to integrate renewable energy

22 September 2023

The Indonesia Clean Energy Forum (ICEF) and the Institute for Essential Services Reform (IESR) are urging Indonesia to reform its electricity system to integrate renewable energy, particularly solar and wind, known as variable renewable energy (VRE).