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New warnings come over Permian challenges
A new study has said the Permian Basin will struggle with a number of issues in the near future, including the glut of associated natural gas production.
Texas storage operator plans IMO-compliant processing facility
Texas International Terminals has confirmed plans for a crude processing facility that will be compatible with International Maritime Organization low-sulphur requirements.
Plains drops plan for Cactus II surcharge
Plains All American Pipeline has dropped a proposal to impose a surcharge of $0.05 per barrel for shipments of crude on its Cactus II pipeline after the plan led to a backlash from producers.
Motor fuel prices drop slightly in Zimbabwe
Zimbabwe’s government has slightly reduced its ceiling for motor fuel prices, marking the first weekly decline since January 13.
BP exiting Alaska with sale to Hilcorp
Super-major BP has struck a deal to sell the whole of its Alaska business to privately owned Hilcorp Energy for $5.6bn.
Bangladesh seals power deal with Reliance Power, JERA
Bangladesh is to buy 718 MW over 22 years from 2022 from a privately owned gas-fired power plant to be built by India's Reliance Power and Japan’s JERA.
Yamalo-Nenets output climbs further in H1
Springfield Energy to use Stena Forth for Ghana’s first deepwater drilling deal
Springfield Energy has arranged to use a drillship owned by Stena Drilling for the first deepwater drilling campaign in Ghana’s offshore zone.
Canadian regulator undergoes overhaul
Canada has overhauled and renamed its energy regulator under a new bill that is not popular with supporters of the oil industry.
Al-Falih replaced as Aramco chair ahead of IPO
Sudan: What’s at stake
This essay will take a brief look at what’s at stake – at the oil and gas infrastructure that Sudan still has, even after the loss of its most hydrocarbon-rich territories.
Canadian regulator seeks comments on Enbridge’s Mainline proposal
In an early test, the newly renamed Canadian Energy Regulator has asked for comments on a change proposed by pipeline operator Enbridge to contracts on its Mainline system.
Maersk wins trio of North Sea orders
KPMG says Moldovan investor falsified financial statements to claim $500mn from Kazakhstan
Auditor’s decision to withdraw three years of reports is likely to change the outcome of the $500mn international legal battle between businessman Anatol Stati and the Kazakh state.
NNPC head sees Nigerian oil output rising to 2.5mn bpd next year
The new head of Nigeria’s national oil company (NOC) has expressed optimism about his country’s ability to increase oil production in the short term.
Iraqi crude exports increase though pipeline flows remain subdued
Iraq crude set to arrive in Jordan
Noble Energy finds oil offshore Equatorial Guinea
Equatorial Guinea’s Ministry of Mines and Hydrocarbons revealed last week that Noble Energy has discovered new oil reserves at Block 1, an offshore licence area that lies east of Bioko Island.
Russian oil major Tatneft buys chemical assets from Sibur
Mixed messages on Iran as tanker changes course
Tullow backs out of Ugandan farm-in deal with Total and CNOOC
Tullow Oil has terminated a farm-in deal with France’s Total and CNOOC for the Lake Albert project in Uganda.
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