News

  • Gazprom seeks to annul natural gas contract with Ukraine

    Russia’s state natural gas monopoly Gazprom says it is beginning efforts to end its contract to supply gas to Ukraine, raising concerns about downstream gas supply to European countries.   Much of Russia’s gas to Europe is shipped via Ukraine’s pipeline system. A Russia-Ukraine gas…

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  • Anadarko gets Mozambique LNG, Golfinho-Atum approvals

    Anadarko Petroleum Corporation has received official approval from the Government of Mozambique for its Golfinho-Atum field development plan, including Mozambique LNG.   The plan outlines the integrated onshore project from the reservoir to the LNG market and is a culmination of progress made to date…

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  • Vattenfall Plans Major Investment in Large-scale Solar Power Generation

    Vattenfall plans to invest SEK 1 billion (€100 million) in large-scale solar energy generation over the next two years. In addition, Vattenfall also provides small-scale solar solutions for customers. The investments support Vattenfall’s objective to become fossil-free within a generation.   Vattenfall plans to invest…

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  • Petronas finds deepwater oil and gas offshore Gabon

    Petronas subsidiary PC Gabon Upstream SA (PCGUSA) has announced a new oil and gas discovery from its Boudji-1 exploration well in Block F14 (Likuale), located in South Gabon.   The ultra-deepwater exploration well, drilled in water depths of 2,800 metres, encountered 90 metres of gross…

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  • UK operators to produce 2.8 billion boe more than expected

    UK’s oil and gas production over the period 2016–2050 is now projected to total 11.7 billion barrels of oil equivalent (boe) according to new projections from the UK’s Oil and Gas Authority.   The “Projections of UK Oil and Gas Production and Expenditure” report published…

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  • Canada’s First Nations Seek Bigger Stakes, Profits From Oil Sector

    Canada’s First Nations are boosting investments and leveraging their clout with regulators to gain stakes in oil and gas projects as they seek greater returns on energy produced or transported across their territory.   Aboriginal groups in Canada have traditionally played a more passive role in the…

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  • Total may bid for Nassirya Oil Refinery

    Total is said to be interested in bidding to build the greenfield 150,000-bpd Nassirya oil refinery.   The Director General of the Dhi Qar Oil Company (DQOC), Ali Warid Hammood, said at the CWC Iraq Petroleum Conference in Berlin that bids are still open for…

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  • Third Liwan gas development gets green-light

    The Husky Energy board of directors has sanctioned Liuhua 29-1, the third deepwater field serving the Liwan gas project in the South China Sea.   Production will be tied into the existing Liwan subsea infrastructure and the onshore Gaolan Gas Plant and delivered to buyers…

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