Company News
Nigeria-Morocco pipeline to face considerable challenges: Fitch
The planned Nigeria-to-Morocco natural gas pipeline (NMGP) faces a myriad of challenges and is "unlikely to materialize in the short or medium-term," Kallanish Energy learns from analysts at Fitch Solutions Macro Research.
Iraq’s policies on upstream development ‘stalled’: GlobalData
Despite Iraq’s ambitions to expand its crude oil and natural gas production, the country’s policies to support upstream development appear stalled, Kallanish Energy learns from data/analytics firm GlobalData. Iraqi oil ...
Phoenix-CNOOC JV to build Philippines’ first LNG terminal
The Philippines’ energy ministry has approved the bid from local fuel retailer Phoenix Petroleum and China’s CNOOC to build the country’s first liquefied natural gas (LNG) import terminal. ...
Argentina changes unconventional gas subsidy program
Argentina’s government has decided to change the country’s subsidy program for unconventional gas development leaving projects in limbo, Kallanish Energy learns from local producers YPF and Pampa Energia. ...
France studies biomass usage to deal with coal phase-out
France is studying a project to replace coal-fired power plants with biomass generation plants by 2022, with a view to securing supply in northwest France, particularly in Brittany, ...
Shell, Eni knew of corruption in Nigeria’s OPL 245 deal: judge
European oil majors Shell and Eni reportedly knew of the corruption ongoing during their OPL 245 acquisition in Nigeria, a case in which they are being tried ...
Pennsylvania proposes methane rules for existing wells, facilities
The Pennsylvania Department of Environmental Protection has rolled out a draft plan to curtail air emissions from thousands of existing oil and natural gas wells — a move that could have ...
Anti-energy activists cost U.S. $91.1B in delayed, cancelled projects
A new analysis by the U.S. Chamber of Commerce’s Global Energy Institute finds the anti-energy “Keep It in the Ground” movement has prevented at least $91.9 billion ...
Venezuela’s Guaido to announce changes to Citgo’s board
U.S.-based, Venezuela-owned refiner Citgo Petroleum is set to undergo a restructuring in its leadership following Juan Guaido’s declaration he is Venezuela’s new interim president. Guiado is expected ...
Crude worldwide plunges after questions about oil demand
Oil prices fell Tuesday, briefly entering bear market territory, after the U.S. said it will allow some of Iran’s biggest customers to continue importing the Opec member’s crude without violating reinstated ...