News

  • Colonial Pipeline Ransom Mostly Recouped

    The US recovered almost all the Bitcoin ransom paid to the perpetrators of the cyber-attack on Colonial Pipeline Company last month in a sign that law enforcement is capable of pursuing online criminals even when they operate outside the nation’s borders.   US officials said…

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  • Germany: Ukraine Must Remain Gas Transit Country After New Pipeline

    Germany said Ukraine should remain a transit country for Russian gas, the Frankfurter Allgemeine newspaper reported, after President Vladimir Putin said it would depend on the former Soviet republic showing “goodwill” towards Moscow.   Mr Putin said on the 4th June that Ukraine’s role as…

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  • Reconnaissance Energy explores working petroleum system in Kavango basin

    Reconnaissance Energy Africa Ltd (ReconAfrica) has obtained geologic results in the first section of Well 6-1 in Kavango sedimentary basin, Kalahari Desert, north-east Namibia.   The well is the second of an initial three-well programme to evaluate a working conventional hydrocarbon system confirmed by the…

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  • China Ban on Aussie LNG Should Have Limited Impact

    In May Beijing ordered several of its smaller liquefied natural gas importers no longer to buy the super-cooled fuel from Australia for at least the rest of the year.   The unofficial ban only extends to so-called second-tier LNG importers, not the country’s three state…

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  • Turkey unveils new gas discovery in Black Sea

    Turkey, through its national oil and gas company TPAO, has discovered 135 billion cubic metres (bcm) of natural gas in the Amasra-1 well in the North Sakarya field located in the Black Sea.   TPAO started drilling operations at the Amasra-1 well exploration well in…

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  • IOG installs two unmanned platforms in UK North Sea

    UK company IOG Plc has confirmed that the Blythe and Southwark gas platforms have been installed at their respective offshore field locations in the UK Southern North Sea.   IOG signed off the Blythe and Southwark normally unmanned installations (NUIs) as mechanically complete in April…

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  • Hungary Agrees to 15-year Gas Deal with Gazprom

    Hungarian Foreign Minister Peter Szijjarto has signed a 15-year gas supply agreement with Russian energy group Gazprom to take effect as soon as its existing deal expires in September, he said on the 3rd June.   Landlocked Hungary has diversified natural gas imports in recent…

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