Latest Stories

Workers call for TOR revival

20 April 2023

Employees from Ghana’s Tema Oil Refinery (TOR) have attempted to save the refinery from closure, calling on the government to revive the plant and blaming it for being unable to ensure feedstock supplies.

GHG emissions from Canada’s oil and gas up 4% in 2021

20 April 2023

Canada’s greenhouse gas emissions from the oil and gas sector rose by around 4% in 2021 compared with a year earlier, according to the official National Inventory Report.

US to end Congress-mandated sales from SPR

20 April 2023

The United States will end congressionally ordered sales of crude from the Strategic Petroleum Reserve (SPR) to try to refill the reserve.

India’s Dhamra terminal receives first cargo as LNG imports continue to rise

20 April 2023

The Dhamra LNG terminal in India’s eastern state of Odisha received its first cargo on April 17, ahead of startup. The facility co-owned by TotalEnergies and Adani Group will give the Asian country seven LNG terminals in operation.

Japan CO2 emissions fall 5.1% in 2021 fiscal year but coal remains in transition plan

20 April 2023

Japanese government data shows that the country reduced its overall CO2 emissions by 5.1% during the 2020-21 fiscal year. This marks Japan’s seventh consecutive year of reduction levels in its greenhouse gas emissions.

Savannah Energy sells 10% stake in Cameroon Oil Transportation Company for $44.9mn

20 April 2023

AIM-listed Savannah Energy has signed a share purchase agreement with Cameroon's national oil company, Société Nationale Des Hydrocarbures (SNH), for the sale of 10% of the issued share capital in Cameroon Oil Transportation Company (COTCo).

Nigeria's NLNG failing to meet gas export obligations due to pipeline vandalism

20 April 2023

Nigeria Liquefied Natural Gas (NLNG) is currently failing to meet its gas export obligations to customers, primarily due to the vandalism of gas pipelines and theft.

Nigeria paid $200mn fee without due process in connection with stolen oil sold in China, lawmakers say

20 April 2023

A Nigerian House of Representatives ad-hoc committee investigating the alleged sale of stolen crude oil in China alleges the government paid $200mn to two companies as a consultancy fee without due process.

India to continue buying Russian oil above price cap

20 April 2023

India will continue to buy Russia oil above the G7 price cap of $60 per barrel in an effort to fight inflation and encourage economic growth at home, Finance Minister Nirmala Sitharaman said this week in an interview with Bloomberg.

Mexican government says price of Iberdrola asset deal will be subject to verification

20 April 2023

The final price tag for Mexico's acquisition of 12 gas-fired power plants and a wind farm from the Spanish energy company Iberdrola will be subject to verification by the state.