Tagged With Simon Ferrie
US approves Trinidad-Venezuela Dragon talks
31 January 2023
The gas field could help Trinidad and Tobago sustain its LNG industry
Ice to launch London-based TTF market
30 January 2023
The move will allow participants to hedge without being affected by the EU’s incoming market cap rules
EU bodies issue gas price cap warnings
27 January 2023
Two preliminary reports echo industry criticisms, although lower prices have reduced the likelihood of the mechanism being triggered
Capricorn resignations a blow to Newmed merger plans
26 January 2023
The disputed deal is playing out in public, as Capricorn’s board and activist shareholder Palliser both issue statements and rebuttals
Greater Tortue Ahmeyim FPSO sets sail
25 January 2023
The LNG project’s vessel is due to arrive in the second quarter
Aussie gas industry calls for intervention clarity
24 January 2023
New guidelines fail to quell industry criticism, while the prevalence of long-term contracts and Australia’s geography limit the efficacy of the reforms
Cnooc to start drilling in Uganda
20 January 2023
Kampala is bullish about the country’s upstream future
Europe prepares for Russian product import ban
19 January 2023
The European products market is the latest battlefield in the conflict between Moscow and the West
Venus appraisal set for first-quarter start
19 January 2023
The Orange basin’s promising upstream looks likely to gather momentum in 2023, once again led by the flagship Venus and Graff discoveries
More to come in Thailand for Valeura
18 January 2023
The Canadian indie is already undergoing rapid growth and is looking for further opportunities in the Southeast Asian country
Indonesia greenlights more projects
16 January 2023
Jakarta is seeking to accelerate upstream developments and encourage more foreign investment
IOCs to expand production at Brazil’s Lapa field
16 January 2023
TotalEnergies and partners expect to produce 25,000bl/d from Lapa Southwest
Sierra Leone hopes to kickstart upstream
12 January 2023
One of West Africa’s last frontiers aims to join the ranks of regional hydrocarbons producers
Petronas presses ahead with Sabah LNG
11 January 2023
The project is another sign of the industry’s growing adoption of floating liquefaction technology
Arrow flies against Colombian headwinds
9 January 2023
The company does not seem concerned about the effect on its growth plans of the new government’s proposed oil sector reforms, and is even looking at potential acquisitions
Capricorn prepares for February showdown
6 January 2023
The firm’s board continues to push back against opposition among some shareholders to plans for a merger with Israeli independent New Med
Eni greenlights second Congolese LNG project
5 January 2023
Rapid-deployment floating developments are a burgeoning part of the sector
International firms compete for Uruguayan blocks
4 January 2023
The country’s frontier upstream continues to attract interest
US oil output to set new record
22 December 2022
Partisan political rhetoric has not prevented production growth
Chevron gets back to work in Venezuela
22 December 2022
But Washington’s apparent detente with Caracas is unlikely to bolster global crude supplies significantly any time soon
Challenger banks on Uruguayan frontier
22 December 2022
The independent is poised to benefit from the new wave of interest in Uruguayan acreage
EU agrees gas price cap mechanism
20 December 2022
The bloc is moving ahead with revised plans to intervene in the market
Savannah faces setback in Chad, progress in South Sudan
16 December 2022
The independent has run into difficulties over its expansion in Chad even as it launches its largest acquisition to date in South Sudan
Ukraine fallout continues to support tanker freight rates
15 December 2022
Freight rates for clean tankers—the specialist vessels that transport refined petroleum products—reached multi-year highs in 2022 and are likely to remain strong going into 2023
EU TTF price cap proposals stoke alarm
15 December 2022
The bloc’s plans are intended to shield consumers from high gas prices but have been criticised as unlikely to benefit end-users and for posing significant additional risks
Cash-rich oil and gas sector eyes next investments
15 December 2022
The industry might be poised to spend significant sums on low-carbon projects
Adnoc and Petronas sign exploration deal
8 December 2022
The Middle Eastern NOC is tapping Malaysian expertise to help it develop an unconventional resource
Tanzania to see upstream consolidation
6 December 2022
French independent Maurel & Prom is seeking to expand its Tanzanian portfolio
Colombia at a crossroads
30 November 2022
The new government is seen as unfriendly to oil and gas but will have to be pragmatic in the face of energy challenges
Mexico aims for Atlantic Basin FLNG success
30 November 2022
Rapid development of significant GoM gas deposit may yet be outpaced by a quicker pipeline solution
Mozambique upstream progress defies unrest
24 November 2022
The east African country continues to attract investment in oil and gas projects, but concerns over security are still impeding developments in the gas-rich north
India courts foreign investors
22 November 2022
The government is seeking to revitalise the country’s upstream through a variety of reforms, says Petroleum Secretary Pankaj Jain
Southern Energy eyes expansion in the Deep South
7 November 2022
The Canadian independent has ambitious plans in Mississippi
Vaalco looks to expand
7 November 2022
Independent’s CEO sees further opportunities for growth in Africa post-Transglobe merger
Jadestone advances in Australia but drops NZ plans
3 November 2022
Regulatory clarity and swiftness allow the firm to make a rapid move into the North West Shelf, in contrast to its withdrawal from Maari
Africa remains a challenge for LNG to power
3 November 2022
Developers have shown strong interest in the region, but the sector has yet to take off, panellists said at Petroleum Economist’s LNG to Power Forum EMEA
Energy costs hit European refining
2 November 2022
Margins narrowed considerably in the third quarter but still remain elevated for the time of year, as the continent continues to adapt following Russia’s invasion of Ukraine
Europe tops storage targets
31 October 2022
Europe has already exceeded its gas storage targets for this winter, but risks remain
EU takes aim at the TTF
28 October 2022
The bloc’s energy crisis plans include proposals that threaten to distort the global gas market and may have unintended consequences
Trinidad’s tax reforms receive mixed reviews
25 October 2022
The measures appear to have produced some results, but may not go far enough
Europe’s refining sector struggles to adapt
24 October 2022
Aftershocks from Russia’s invasion of Ukraine continue to roil refining and flows of products around Europe, in the Atlantic basin and across the world
Nigeria’s Dangote refinery startup in doubt
21 October 2022
The market is growing increasingly pessimistic about the potential timeline for the ‘game-changing’ West African refinery project
Wildcat aims for brownfield expansion in Sudan
17 October 2022
London-listed independent intends to raise oil production in the country
International investors court Congo-Brazzaville
14 October 2022
The West African country’s energy resources are once again attracting foreign attention, but the positive outlook for gas contrasts with that for oil
Asia gas body urges winter coordination
12 October 2022
The demand side will have a greater short-term role than supply in the potentially difficult months ahead
Woodside sees long-term future for LNG
11 October 2022
CEO Meg O’Neill is positive about the prospects for gas as the energy transition gathers pace
Upstream independent forms Malaysian JV
10 October 2022
Upland Resources is seeking opportunities near Brunei
Opec+ decision fallout grows
6 October 2022
Crude price gains will not be the only result of the cartel’s decision to cut production
US seeks to reassure over Russia price cap
6 October 2022
The looming move threatens additional uncertainty and risk for the energy markets this winter
Europe’s gas supply woes to persist
6 October 2022
Next year may prove even tougher than 2022
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