Oil minister Kerenga Kua has pledged to re-examine controversial deal following the collapse of scandal-hit government The newly elected Papua New Guinea (PNG) government wasted no time in announcing it will review…
Oil Giant Shell’s Pivot to Electricity Could Bring Investors Less Sizzle
By Giulia Petroni July 13, 2019 7:00 am ET Oil giant Royal Dutch Shell RDS.B -0.93% PLC aims to become the world’s largest electricity company without necessarily generating very much power. The Anglo-Dutch company last…
Australia, a Top Natural-Gas Exporter, Considers Imports to Stop Blackouts
By Rhiannon Hoyle in Sydney and Robb M. Stewart in Melbourne June 6, 2019 10:07 am ET Australia is experiencing an energy crisis so severe that the country, one of the world’s biggest…
FAILING OR INCOMPLETE? GRADING THE SOUTH CHINA SEA ARBITRATION
On July 12, 2016, an arbitral tribunal at the Permanent Court of Arbitration in The Hague issued its ruling in Manila’s case against Beijing’s claims in the South China Sea. Convened under the compulsory…
Leviathan natural gas platform starts voyage to Israel
JERUSALEM, July 14 (Reuters) – The gas platform for the Leviathan natural gas field is on its way to Israel from the Gulf of Mexico, the partners in the project said on…
Nicosia to reject Turkish natural gas proposal
A proposal by Turkish Cypriot leader Mustafa Akinci for a committee that would jointly administer natural gas affairs is expected to be rejected by the government and party leaders when they meet…
Wind farms threaten to speed up North Sea decommissioning
Oil and gas operators planning to prolong fields’ lifespan may find themselves increasingly in conflict with wind farm developers The projected timeline for oil and gas decommissioning in the North Sea could…
Lukoil makes inroads offshore
Russian-Kazakh waters in the Caspian Sea are central to the company’s plans Russian oil major Lukoil is pushing ahead with a raft of new projects in the Caspian Sea, as it looks…
EU adopts measures against Turkey’s illegal drilling in Cyprus’ EEZ
The European Union decided on Monday to symbolically punish Turkey over illegal drilling for oil and gas off Cyprus and threatened harsher sanctions in the future unless Ankara changes tack. Foreign affairs ministers of…
Qatar Steps over the Blockade
Gerald Butt, Petroleum Economist Two years after the economic and political boycott on Qatar, the Gulf state is pressing on with LNG expansion plans. Qatar Petroleum (QP) in April asked three joint…