Via the Wall Street Journal a look at Russia’s plans to merge its oil giants into a mega producer which would be the world’s second-biggest crude producer, after Saudi Arabia’s Aramco, pumping almost three times the output of Exxon Mobil: Moscow is working on a plan to merge its biggest oil companies into a single […]
Read more »Via MercoPress, a report on Bolivia’s shift towards Brazil for gas sales: After terminating the supply to Argentina, Bolivia will up its gas pumping towards Brazil according to an agreement between YPFB and Petrobras. Buenos Aires announced it would no longer be needing Bolivian gas since Vaca Muerta, the second-largest reserve in the world and […]
Read more »Via CE Energy News, an article on Serbia’s growing energy cooperation with Azerbaijan: Serbia’s Minister of Mining and Energy, Dubravka ?edovi? Handanovi?, announced that the country will have secure access to about one million cubic metres of gas from Azerbaijan this winter, enhancing Serbia’s energy security. After a bilateral meeting with Azerbaijan’s Minister of Energy, Parviz Shahbazov, […]
Read more »Via The Africa Report, a look at whether – as Shell and ExxonMobil sell onshore assets – Africa’s indigenous producers are ready? As oil majors shift focus to deep offshore exploration in Africa, local producers face rising costs and complex challenges in a rapidly evolving industry landscape. A long-term shift by oil majors towards deep […]
Read more »Via Bloomberg, a report on discussions between South Sudan and China National Petroleum Corporation about a new pipeline: Substitute pipeline could traverse Ethiopia and Djibouti South Sudanese leader met China National Petroleum’s chairman South Sudan and China National Petroleum Corp. are considering establishing a substitute crude pipeline as over-reliance on the existing conduit curtails exports. […]
Read more »Via Nikkei Asia, a report on TotalEnergies’ Pakistan exit, the latest Western multinational to quit crisis-hit Asian nation France’s TotalEnergies has joined a growing list of Western multinationals slashing their exposure to Pakistan, in the latest blow for the economy in crisis. At least nine companies, including Norwegian telecom Telenor and Shell Oil, have announced […]
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