Latest Stories

US solar industry to add record 23 GW in 2023

13 September 2023

The US solar industry expects to add a record 32 GW of new capacity in 2023, a 52% increase from 2022.

Ukraine winter preparations in final stage with a month to go

13 September 2023

With a month to go before the heating season starts, Prime Minister of Ukraine Denys Shmyhal says preparations for the upcoming cold season are in their final stages and the country is almost ready for the cold season.

BW Energy brings fourth development well on line for Hibiscus/Ruche Phase 1 project offshore Gabon

13 September 2023

BW Energy has begun extracting oil from the fourth well drilled for the Hibiscus/Ruche Phase 1 development project at the Dussafu licence area offshore Gabon.

Tanker with Russian Arctic crude heads to Brazil

13 September 2023

An oil tanker carrying Russian crude from a terminal in the Arctic Sea is approaching the coastline of Brazil. If the tanker discharges in Brazil, it would be the first time that Russian crude has been shipped there since at least 2016.

Russian oil trader expands in Mexico to displace US refiners

13 September 2023

Lukoil PJSC’s trading unit, Litasco SA, is launching operations in Mexico as the oil major seeks new markets for Russian products under widespread sanction. If successful, the effort could see Russia displace the US as Mexico’s top fuel supplier.

THE VIEW FROM MITTELEUROPA: Austria struggles to kick addiction to Russian gas

13 September 2023

But cold turkey looms at the end of next year when Ukraine looks set to suspend pipeline shipments.

Petrobras aims to make decommissioning of oil platforms more sustainable

13 September 2023

Petrobras has signed an agreement with Porto do Acu (RJ) to provide support in the decommissioning of oil-and-gas platforms. The deal is part of Petrobras’s plan to decommission a total of 26 platforms by 2030.

Russia's lost opportunity in the energy transition

13 September 2023

Russia has lost, potentially irrevocably, its status as Europe’s top gas supplier as a result of its invasion of Ukraine and its subsequent weaponisation of supplies.

India’s ONGC deems New Delhi’s imports of Russian crude a win-win for the world economy

13 September 2023

India’s leading oil firm, Oil and Natural Gas Corporation Ltd (ONGC) has called the nation’s ongoing imports of Russian crude a ‘win-win’ for the world economy.

Iran becomes third-largest crude oil producer in OPEC as Saudi turns down taps

13 September 2023

Iranian production hits 3mn bpd in August, rising by 143,000 bpd compared to July.

As many as 5,000 feared dead in Libya

13 September 2023

More than 5,000 people are feared dead and 10,000 missing in Libya after Storm Daniel tore through the north African country on Sunday, according to reports. The situation has been described as “catastrophic”.