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IRAN STAND-OFF: Day brings tentative step towards peaceful Gulf outcome

2 October 2019

Tehran backs French plan for talks with US as broadly acceptable. Saudi energy minister described as “friend” by Iranian counterpart. Putin refuses to blame Islamic Republic for oil attacks. Riyadh says it wants regional “security and stability”.

Japan pledges $10bn for global LNG projects

2 October 2019

The Japanese government has pledged $10bn of both public and private funding for liquefied natural gas (LNG) projects around the world.

Santos, BP win permit offshore WA

2 October 2019

Santos and BP have been awarded a new permit offshore Western Australia that the Australian independent has described as being “on-trend with the Dorado discovery” in the adjacent permit.

PetroChina adds oil, shale gas reserves

2 October 2019

State-run PetroChina has added more than 1bn tonnes (7.33bn barrels) of oil reserves in north-western China, the company said on September 29.

AfDB walks away from coal

2 October 2019

The African Development Bank will no longer support any coal projects in Africa and has instead committed itself to fighting climate change.

EIB, Dutch lend to Kenyan utility solar

2 October 2019

The European Investment Bank (EIB) and FMO, the Dutch development bank, are to provide $106mn of loans to finance the construction and operation of two 40-MW solar photovoltaic (PV) plants in Kenya.

Sempra announces potential LNG supply deal with China

2 October 2019

Sempra Energy’s MoU with a Chinese company over potential LNG supply co-operation suggests growing optimism that an end to the US-China trade war may be coming

Eskom to issue 1.4-GWh battery tender

2 October 2019

Eskom intends to issue a tender soon for 1.4 GWh of battery storage capacity at up to 18 sites across South Africa.

PNG seeks better deal on P’nyang project

2 October 2019

Papua New Guinea (PNG) Petroleum Minister Kerenga Kua is once more on the war path over how much the government receives from the country’s natural gas developments.

Russia renews nuclear offensive in Africa

2 October 2019

Rosatom is fostering closer atomic energy ties to Africa as Moscow shows off its new green credentials

PTT, Gulf Energy to build Thai LNG terminal

2 October 2019

Thailand’s state-owned PTT has teamed up with Gulf Energy Development to build a THB40.9bn ($1.33bn) liquefied natural gas (LNG) import terminal on the country’s east coast.

Petronas charters LNG carrier from Avenir

2 October 2019

Malaysia’s state-owned Petronas has chartered a liquefied natural gas (LNG) carrier from the UK’s Avenir LNG to be used in bunkering operations offshore the Southeast Asian country.

India cuts gas prices

2 October 2019

The Indian government has reduced the price of locally produced natural gas for six months from October 1, the first such cut in more than two years.

Uzbekistan’s five-year goal to overhaul its energy industry

2 October 2019

The relaxation of Uzbekistan's energy industry’s ownership has created a bonanza of redevelopment projects set to be completed in the next five years. These projects including energy generation and a general liberalisation of state ownership

ONGC plans domestic drilling campaigns

2 October 2019

State-run Indian major Oil and Natural Gas Corp. (ONGC) is reportedly seeking the Ministry of Environment’s approval to begin a 44-well onshore drilling campaign in the country’s south-east.

NNPC chief comments on Nigerian compliance with OPEC production policy

2 October 2019

NNPC's chief says Nigeria is not fully compliant with OPEC production policy but plans to make cuts.

Nilepet comments on 2020 licensing round, future plans

2 October 2019

South Sudan has reiterated its commitment to launching its next licensing round in the near future.

Poland cannot afford climate neutrality goal in 2050 minister says

2 October 2019

Poland’s energy sector would need €300bn-€400bn for transformation towards carbon-neutrality while the price tag for the entire Polish economy to meet the EU’s climate ambitions could be €700bn-€900bn, Energy Minister Krzysztof Tchorzewski said.