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