Tagged With Simon Ferrie
Russian crude displacement impacts Mideast producers
26 May 2022
Flows of Urals crude to Asian importers—in particular India—have spiked since Russia’s invasion of Ukraine, according to price reporting agency GX
Invictus sees gas opportunities in Zimbabwe
25 May 2022
Managing director Scott MacMillan tells Petroleum Economist about how the once-pariah African state is changing for the better
ESG and risk pose Apac LNG-to-power funding challenges
25 May 2022
Lenders and insurance brokers see huge regional variation across the Asia-Pacific region in terms of funding for LNG-to-power projects, panellists said at Petroleum Economist’s LNG to Power Forum Apac
Asia continues long-term LNG supply quest
24 May 2022
South Korean utility is the latest to sign up for contractual volumes as the continent’s purchasers appear to put a greater premium on supply security than Europeans
Asian LNG demand sees ‘retracement’ not ‘destruction’
24 May 2022
The impact of high prices should be only a temporary phenomenon
African institutions plan energy project bank
23 May 2022
Continent’s leaders attempt to insulate oil and gas projects from changing investment landscape
Indonesia struggles to reverse upstream fortunes
23 May 2022
Slow progress at flagship LNG projects and a lack of foreign interest in oil prospects are hampering the country’s production goals
Japex plans US shale investments
17 May 2022
Japanese explorer sees opportunities to expand its footprint
Sierra Leone launches new offshore initiative
17 May 2022
The West African nation taps two-year-old UK firm in an attempt to spur interest in its undeveloped upstream
Three key hurdles for Vietnam’s LNG-to-power sector
16 May 2022
Tariffs, location and bureaucracy are obstacles to be overcome to drive greater use of gas in Vietnam’s power sector
Valeura pivots to SE Asia
16 May 2022
The independent has bought assets in Thailand and is looking at acquisitions elsewhere in the region
Mauritanian LNG project has wind in its sails
16 May 2022
Greater Tortue Ahmeyim development could be shipping cargoes before the end of next year
Australia’s Dorado oilfield set for 2026 startup
12 May 2022
The field is one of more than 100 potential prospects in the Bedout basin, says Carnarvon CEO Adrian Cook
Indian gas use poised for growth
11 May 2022
Gas will be essential to balance the grid as India looks to expand its renewable power capacity and meet its climate goals, says GE Gas Power South Asia CEO Deepesh Nanda
Letter from London: Italian dealmaking contrasts with passive UK
3 May 2022
Italy and the UK are taking different approaches to energy security following the invasion of Ukraine
Europe yet to give up Russian diesel
28 April 2022
The continent is loath to tackle its dependence upon imports of Russian refined products
Madagascar Oil seeks expansion partners
27 April 2022
Madagascar’s only producing oil company has sizeable ambitions for the frontier province
Market vagaries may still buffet merging tanker heavyweights
26 April 2022
Frontline-Euronav deal will create one of the world’s largest tanker fleets, but price-setting power may remain outside the combination’s reach
Russian crude exports see partial rebound
25 April 2022
Volumes have risen in recent weeks amid an uptick in flows to East Asia, says analytics firm Vortexa, while even in Europe the picture is mixed
Dangote on track for Q4 commissioning
22 April 2022
Previous updates on Africa’s largest refinery had been no more specific than sometime in 2022
Pharos plays the Vietnam long game
21 April 2022
The UK-headquartered company aims to benefit from its established position in the Southeast Asian nation
Sonangol selects bidders for divestments
12 April 2022
Angolan NOC selects preferred bidders—with exclusive acquisition rights—to buy partial stakes in six blocks, four of which are already in production
Niger sets out upstream ambitions
12 April 2022
The country expects to ramp up crude production and exports next year with the completion of its export pipeline via Benin
ExxonMobil maintains breakneck Stabroek pace
7 April 2022
The major will proceed with Yellowtail, its largest Guyanese project to date
Santos makes Australasia progress
6 April 2022
New discovery bolsters frontier WA basin’s prospects, while a PNG project also inches forward
Venezuela’s crude capacity in question
1 April 2022
Speculation over potential sanctions deal sparks debate on country’s capacity to raise output
Biden announces oil reserve release
1 April 2022
Washington will take 1mn bl/d from SPR for the next six months
Tanker market feels impact of Ukraine crisis
31 March 2022
The tanker freight market is having to deal with sanctions, uncertainties and shifting trade flows in the aftermath of Russia’s invasion
EU and US agree on LNG supply cooperation
25 March 2022
The transatlantic partners pledge cooperation on supply, long-term contracts and infrastructure
Underinvestment hampers Trinidad’s LNG push
25 March 2022
The country’s efforts to reverse declining gas production are starting to bear fruit, but will not be enough to alleviate the tight LNG market this year
BP and Eni extend standalone JV model to Angola
24 March 2022
Joint company will improve efficiency and result in cost savings, the firms say
Marine fuel market enters troubled waters
23 March 2022
Ripple effect from Russia’s war in Ukraine may result in significant supply disruption
Asian refiners’ mixed response to Ukraine conflict
22 March 2022
Chinese refiners are yet to buy more Russian crude, while other nations in Asia may help fill Europe’s shortfall in diesel supply, according to energy intelligence firm Vortexa
Petronor seeks new Guinea-Bissau partner
21 March 2022
Australia’s Far is withdrawing from the joint venture
Seplat denies ExxonMobil deal under threat
17 March 2022
Acquisition of US major’s assets still on track, says Nigerian independent
Pttep and Chevron increase Myanmar field stakes
16 March 2022
The gap left by TotalEnergies’ withdrawal from the Yadana gas project is being filled by its former partners
Gabon’s upstream moves forward
16 March 2022
Independents see ongoing opportunities for expansion in the West African nation
Eco Atlantic expands Guyana acreage
15 March 2022
The independent is doubling down on its investment in Guyana with the acquisition of JHI Associates
LNG optimisation in the spotlight
10 March 2022
The growing prominence of LNG makes it vital to maximise production and energy efficiency at liquefaction facilities
Europe still hooked on Russian gas
10 March 2022
LNG alone will not be enough to guarantee Europe’s energy security, and the continent may face demand destruction, analysts agree
Tullow continues search for Kenyan project partner
10 March 2022
The Anglo-Irish independent is looking for more buy-in to progress its Lokichar/Turkana development
Namibia’s upstream poised for growth
8 March 2022
Discovery in the Orange basin confirms Namibia’s hydrocarbon potential, says the country’s NOC
Arrow targets Colombian expansion
7 March 2022
Canadian indie has plans to quickly increase its production in the Latin American country, says CEO Marshall Abbott
IEA coordinates crude stock release
2 March 2022
The intergovernmental body is trying to cool the crude market
ExxonMobil and OMV back out of Russian projects
2 March 2022
The US major is withdrawing from Sakhalin 1 while OMV is dropping a proposed Gazprom deal
BP, Equinor and Shell heap pressure on peers
1 March 2022
The firms’ Russian exits will make remaining in the country difficult to justify for other IOCs
LNG pledge to Europe raises doubts
25 February 2022
Japan’s ill-defined promise of support may be more symbolic than practical
LNG’s prospects and future in the spotlight
24 February 2022
High spot gas prices and European concerns over security of supply might spark renewed interest in long-term LNG contracts, International Energy Week participants suggest
TotalEnergies announces ‘significant’ Suriname discovery
23 February 2022
The news again highlights Suriname’s potential as a frontier basin
Arctic waters continue to open to shipping
18 February 2022
Delivery of LNG module via Northern Sea Route shows potential for year-round LNG deliveries, Novatek says
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