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Mongolia launches infrastructure facilities set to support planned construction of first oil refinery
Oil compensation uncertainty risk to Transneft dividend outlook
Chevron buys 40% stake in three deepwater Mexican blocks from Shell
Chevron said last week that it had arranged to buy a minority 40% stake in three deepwater blocks offshore Mexico.
Analyst says Iran, China creating fleet of “ghost ships” in cat-and-mouse game to escape US oil sanctions
Clock runs down for Eskom
Rosatom to use latest nuclear tech in Egypt
Rosatom has confirmed that it is to use its latest nuclear technology to build a 4,800MW nuclear power plant in Egypt.
India ups funding to Mongolian refinery
India has agreed to provide an additional $236mn of financing for a refinery project in southeastern Mongolia, Indian Minister of Petroleum and Natural Gas Dharmendra Pradhan said this week.
ONGC submits new Cauvery Basin drilling plan
India’s state-owned Oil and Natural Gas Corp. (ONGC) has reportedly sought environmental approval from the central government to drill 24 exploration wells at one of its blocks in Tamil Nadu State.
Pakistan, UAE move closer on refinery project
Pakistan and the United Arab Emirates (UAE) are on the verge of launching construction of a new oil refinery in the South Asian country’s Balochistan Province, an official from the Middle Eastern oil producer has said.
Rosneft pins petchem hopes on India
Russia’s state-run oil company Rosneft is looking to make a foray into India’s petrochemicals market, after experiencing setbacks in the domestic sector.
Malaysia receives first LNG cargo under TPA
Malaysia’s TNB Fuel Services (TNBF) has delivered its first shipment of liquefied natural gas (LNG) to parent company Tenaga Nasional (TNB), testing the country’s third-party access (TPA) rules in the process.
Santos upbeat on NWS well test
Santos has said an initial flow test at its third well on the Dorado field offshore Western Australia suggests the field is capable of producing oil at the upper end of pre-drill expectations.
Senex delivers first gas from Queensland block
Australian independent Senex Energy has announced first gas production from the Project Atlas acreage in Queensland State.
Pertamina urged to curb subsidised diesel sales
The Indonesian government has urged state-owned Pertamina to curb its sales of subsidised diesel as the government’s annual quota is set to run out before the end of the year.
Building, using nuclear weapon by Iran forbidden by Islam reiterates country’s highest political authority
Mozambique takes a big step towards becoming a major player on global gas markets
With MRV’s initial investment decision and EPC contract award, Mozambique has taken a step towards becoming a major player on global gas markets.
Libya’s NOC demands – and receives – crucial state funding
The head of Libya’s National Oil Corp. (NOC) said recently that the company needed more money to head off a steep decline in production.
NEWSBASE: Third of large Russian oilfields unprofitable: Rosnedra
Russian subsoil licensing agency Rosnedra has taken an inventory of Russia’s major oilfields and found that one third of them are unprofitable to develop.
NEWSBASE: Gazprom advances LNG plans
Russia’s Gazprom has struck a deal with Germany’s Linde on setting up a joint venture to design facilities for the processing and liquefaction of natural gas.
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