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International
Markets , Trade , International
Afghan Taliban Sign Deal for Russian Oil Products, Gas
Acting Afghan Commerce and Industry Minister Haji Nooruddin Azizi said the deal would involve Russia supplying around one million tonnes of gasoline, one million tonnes of diesel, 500,000 tonnes of LPG and two million tonnes of wheat annually.
September 27, 2022
Markets , International
Strike Halts Supplies from TotalEnergies’ French Refineries
The strike action has deepened French refining woes already hit by outages and walkouts at other oil refineries. More than 40% of France’s refining capacity is currently offline.
September 27, 2022
Liquefied Natural Gas , International , Midstream
Philippines to Open Door to LNG Imports Next Year with New Terminals
The three terminals in the Philippines are among six such projects that the DOE has approved. Three others are expected to come online within the next three years, including a project proposed by Shell Plc.
September 27, 2022
Liquefied Natural Gas , International
Santos Gets $1.1 Billion Offer for 5% Stake in PNG LNG from State-owned Kumul
Papua New Guinea has been seeking more control over its oil, gas and mineral resources since electing Prime Minister James Marape in 2019.
September 27, 2022
Natural Gas , International , Pipelines
Mystery Gas Leaks Hit Major Russian Undersea Pipelines to Europe
Sweden’s Maritime Authority issued a warning about two leaks in the Nord Stream 1 pipeline, shortly after a leak on the nearby Nord Stream 2 pipeline was discovered that had prompted Denmark to restrict shipping.
September 27, 2022
Natural Gas , International , Pipelines
Gas from Russia’s Nord Stream 2 Pipeline Leaks into Baltic Sea
European countries have resisted Russian calls to allow the Nord Stream 2 pipeline to operate and accused Moscow of using energy as a weapon. Russia denies doing so and blames the West for gas shortages.
September 26, 2022
Exploration & Production , International
Dutch Limit Groningen Gas Production Despite Energy Crisis
The Groningen Field, operated by a joint venture of Shell and Exxon Mobil, still holds massive reserves of natural gas.
September 26, 2022
International , Energy Transition
France Reaffirms It Will Halt Fossil Fuel Export Guarantees
After a U.N. climate summit in Glasgow last year, President Emmanuel Macron’s government signed up to a commitment to end public financing of unabated oil, gas and coal from 2023.
September 26, 2022
Markets , Trade , International
Energy Crunch Threatens to Shatter European Unity
The energy crisis in Europe will last well into 2023 given stagnant global supply and the likelihood of increased competition for LNG, which Fatih Birol, the head of the International Energy Agency, warns could unleash a “wild west scenario.”
September 26, 2022
Investment , Natural Gas , International
Trinidad Urgently Needs Fiscal Reforms to Encourage Oil Investments
Energy Chamber of Trinidad and Tobago head Thackwray “Dax” Driver says there’s a need to change the Caribbean island’s taxation structure to encourage continued investments.
September 23, 2022