Latest Stories

The cost of carbon in Russia, braced to implement the Paris Accord

26 September 2019

Russia ratified the Paris Climate Accord on September 23, committing itself to reducing CO2 emissions to 70% of the 1990 levels. Massive forests and investment into improving energy efficiency have left Russia in a strong position to reduce CO2.

Russia's Gazprom moves ahead in buying out large subcontractors

26 September 2019

Natural gas giant Gazprom reportedly closed a deal to buy out 100% of its largest subcontractor Stroygazmontazh controlled by stoligarch Arkady Rotenberg.

Pavilion targets Europe in bid to become global LNG trader

26 September 2019

Singapore-based Pavilion Energy is targeting new markets in Europe as well as expanding in Asia as the gas importer and marketer aims to become a global trader of LNG.

Annova LNG pushes FERC for permit decision

26 September 2019

Exelon-backed Annova LNG is pushing the US Federal Energy Regulatory Commission to make a decision on a permit for the company’s proposed export terminal at the Port of Brownsville, Texas.

Caribbean markets offer new opportunities for US LNG operators

26 September 2019

Eagle LNG and other US gas operators are poised to take advantage of growing demand in the Caribbean region.

Excelerate plans small-scale LNG plant in Argentina

26 September 2019

US-based Excelerate is moving forward with plans to establish a small-scale LNG export complex in Argentina, a company representative said last week.

US government penalises four companies for moving Venezuelan oil, fuels to Cuba

26 September 2019

The US Treasury Department said on September 24 that its Office of Foreign Asset Control (OFAC) had imposed sanctions on four companies involved in transporting crude oil and petroleum products from Venezuela to Cuba.

Head of Colombian industry group hopes government will allow fracking in 2020

26 September 2019

The head of a Colombian oil and gas industry group has urged the government to allow investors to start work on pilot drilling programmes involving hydraulic fracturing (fracking) in 2020.

Turkey “barely trying” to cut carbon emissions says National Geographic

25 September 2019

“Climate change report card” notes, for instance, that country is pushing ahead with huge expansion of coal-fired plants. Meanwhile, largest lake in the Mediterranean region, Beysehir, seen as on course to dry out by 2040s.