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PNG “disappointed” by Exxon’s rejection of P’nyang terms
Papua New Guinea (PNG) Minister for Petroleum and Energy Kerenga Kua has said he is disappointed with ExxonMobil’s rejection of the government’s terms for the proposed P’nyang natural gas project.
IEEFA calls for Australian upstream tax reforms
Australia’s oil and gas royalty and tax system needs to be overhauled to ensure that upstream companies are paying their fair share, according to the Institute for Energy Economics and Financial Analysis (IEEFA).
Petronas says RAPID is on track despite reports
Ukraine has 16 days left to do a transit deal with Gazprom
Time has almost run out for Russia and Ukraine to strike a new gas transit deal before the previous one expires. There are 16 days left until December 13 before it becomes impossible to reach a new agreement ahead of the expiration of the contract.
China’s gasoline exports set new record in October
China’s gasoline exports climbed more than 166% year on year in October to 1.73mn tonnes, according to General Administration of Customs (GAC) data.
Nigeria’s regulatory regime a source of concern for local companies
Local business leaders are speaking out following the adoption of amendments to Nigeria’s deepwater contracts law.
UN sees few specifics on Russia's emission cuts
Eskom reform plans dismissed as optimistic
NuStar building up infrastructure in Texas
Pipeline operator NuStar Energy is in the process of expanding its infrastructure in Texas as it seeks to accommodate rising volumes of crude and products.
Gazprom prepares Power of Siberia launch
More than a decade in the making, the Power of Siberia natural gas pipeline will finally start operations next week.
Kosmos comes up dry with Resolution well
Kosmos Energy has announced that the Resolution exploration well, which it drilled in the US Gulf of Mexico in a 50:50 partnership with BP, has turned out to be a dry hole.
Gunvor to market all LNG from Louisiana’s Commonwealth project
Gunvor Group agreed this week to double the maximum amount of LNG that it would buy from the proposed Commonwealth LNG project in Lousiana, on the US Gulf Coast, as well as marketing the remainder of the facility's output.
Total touts its commitment to Nigeria’s master plan for natural gas
Total is committed to abiding by the Nigerian government’s plan for optimising the use of domestic natural gas resources, a representative of the French major’s Nigerian affiliate has said.
NOC subsidiary restarts production at 40-year-old well
A wholly owned subsidiary of Libya’s state-owned National Oil Corp. (NOC) has restarted production at a 40-year-old well drilled at the Messla field.
Springfield Energy completes drilling programme offshore Ghana
Springfield Energy, an independent Ghanaian company, has reported that it has wrapped up its drilling programme at West Cape Three Points Block 2 (WCTP Block 2), its licence area offshore Ghana.
ConocoPhillips unveils plans for Alaska investment, asset sale
ConocoPhillips announced last week that it wanted to sell a stake in some of its Alaskan oil projects in a bid to offset risk and share the costs of developments it is planning in the state over the coming years.
FERC approves four Texas LNG projects
The US Federal Energy Regulatory Commission has granted approvals for the construction of four LNG projects in Texas – comprised of three greenfield ventures and one expansion of an existing facility.
Petronas claims RAPID on track to start up this year
Malaysia’s state-owned Petronas has downplayed a recent report that its integrated downstream complex in southern Malaysia is running behind schedule.
Pertamina outlines 2020 investment strategy
Indonesia’s state-owned Pertamina intends to invest $7.8bn in 2020, with the majority of that earmarked for the upstream sector.
ONGC ends shale exploration programme early
India’s hopes of replicating the US’ shale gas revolution received a heavy blow this week after state-run Oil and Natural Gas Corp. (ONGC) reportedly ended its shale exploration programme early.
ONGC reportedly mulls HPCL stake sale
India’s state-owned Oil and Natural Gas Corp. (ONGC) is reportedly preparing to sell a portion of its controlling stake in refiner Hindustan Petroleum Corporation Ltd (HPCL).
Canadian rail strike brought to an end
A tentative agreement has brought a week-long rail strike to an end, allowing crude shipments – among others – on Canadian National Railway trains to resume.
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