Latest Stories
Shell, GCL considering Chinese LNG joint venture
Privately owned Chinese company GCL Oil & Natural Gas has signed a framework agreement with super-major Royal Dutch Shell to explore a potential joint venture to market and trade LNG.
LNG market bracing for inevitable shut-ins
LNG shut-ins are thought to be looming, and some regions where the fuel is produced are more vulnerable than others.
QP forges ahead with LNG expansion, undeterred
Qatar Petroleum is not downsizing its LNG expansion plans in the face of the market downturn, and has kicked off drilling at the North Field East project.
Sudan to allow private firms to import fuel
Nigeria announces end to fuel subsidies
Scatec Solar brings online Dyason’s Klip 2
Scatec Solar has connected the 86-MW Dyason’s Klip 2 solar project in South Africa
China’s imports continue to rise
China’s oil imports continued to rise in the opening months of the year, despite falling domestic demand and rising output from local fields.
OMV hits oil and gas offshore NZ
Austrian developer OMV has struck oil and gas at its Toutouwai-1 exploration well offshore New Zealand’s Taranaki region, the company said on March 14.
AfDB to support EmNEW's investment in African renewables
The AfDB is to fund small-scale renewable energy projects across sub-Saharan Africa
ExxonMobil suspends drilling offshore Victoria
US super-major ExxonMobil will suspend its drilling programme offshore Australia’s southern state of Victoria in response to the coronavirus (COVID-19) pandemic, the company said this week.
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.
Follow us online