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Ukraine postpones introduction of special duty on Russian coal until early May
The Ukrainian government has postponed the entry into force of a 65% duty on coal imported from Russia to Ukraine from April 15 to May 1.
Santos agrees to Barossa stake sale with JERA
ONGC delays FPSO charter extension
India’s state-run Oil and Natural Gas Corp. (ONGC) has delayed extending the charter contract for a floating production, storage and offloading (FPSO) vessel that is set to expire on April 19.
India’s gas demand tumbles during lockdown
India’s ongoing lockdown in response to the coronavirus (COVID-19) pandemic has seen industrial demand for natural gas plummet.
Australian regulators approve new offshore seismic surveys
Australia’s offshore regulator has approved two new seismic surveys offshore Western Australia, even as the companies involved begin cost-cutting initiatives.
Russian utilities in a time of corona, first non-payments appear
Russian utilities are coming under pressure as customers are expected to start reneging on their bills and demand for power falls off heavily, as most of the country will be on a strict lockdown for all of April.
ALACO DISPATCHES: Europe struggling to salvage Iran nuclear deal
American sanctions leave Europe unable to offer Iran the economic support it demands for compliance.
Texas approves Annova LNG project
The Texas Commission on Environmental Quality (TCEQ) has issued a state permit to the proposed Annova LNG project at the Port of Brownsville, in South Texas.
Devon amends agreement for sale of Barnett assets
US independent producer Devon Energy announced this week that it has amended an agreement it originally struck in December 2019 to sell its assets in the comparatively mature Barnett shale to Thai-backed Banpu Kalnin Ventures (BKV).
Orsted completes Texas wind farm that will supply ExxonMobil
Denmark’s Orsted announced last week that it had completed its Sage Draw wind project in Texas. The majority of the output from the 120-wind turbine project will be sold to super-major ExxonMobil to help power its Permian Basin operations.
Takeover deal for LNGL collapses, putting company in danger
A planned takeover deal for Australia-headquartered LNG Ltd (LNGL) has collapsed, after the buyer, LNG9, failed to secure financing for the transaction and withdrew its bid.
Further Canadian output cuts expected
Canadian producers are expected to shut in more output, even though the country has not committed to mandatory cuts to support the OPEC+ supply agreement.
Oil plunges again after IEA paints bleak picture
Emissions forecast to fall by 4%
The global COVID-19 pandemic could cause emissions to fall by 4% in 2020
Ørsted positive for offshore wind in Japan
Ørsted CEO Matthias Bausenwein remains hopeful that the COVID-19 pandemic will not affect the company’s plans for Japan’s emerging offshore wind industry
Russia's Gazprom to pay 30% dividends for 2019
3 GW of green capacity at risk in Australia in 2020
The global COVID-19 pandemic could cause up to 3GW of wind and solar projects in Australia to be put on hold.
Lower fuel demand leads YPF to slash Vaca Muerta output
YPF has cut oil production at fields in the Vaca Muerta shale formation, on the grounds that energy demand has fallen since the government imposed a lockdown to curb the spread of coronavirus.
Venezuela oil service firms eye looser restrictions on gasoline imports, sales
Representatives of Venezuela’s private fuel supply companies are urging the government to loosen restrictions on the import and sale of gasoline.
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