Via IPS News, a report on Bolivia’s fading natural gas dreams: One of the largest natural gas reservoirs in South America is showing signs of decline and the hopeful expectations that emerged in 2006, to turn Bolivia into a regional energy leader, are waning. When the fossil fuel bonanza was already showing signs of fatigue, […]
Read more »Courtesy of Bloomberg, a look at Namibia’s growing petroleum sector: Namibia’s status as an oil exploration hot-spot was bolstered by the arrival of a third rig, following discoveries last year by TotalEnergies SE and Shell Plc. The Deepsea Mira entered Namibian waters and is preparing to start work for TotalEnergies, according to ship-tracking data compiled […]
Read more »Via KazInform, a report on a deal between the China National Petroleum Corp. and Kazakhstan’s Samruk-Kazyna Group for the joint development of the oil and gas industry in Kazakhstan. CNPC will help expand the throughput capacity of two Kazakh oil pipelines and participate in the construction of the second strings of a natural gas pipeline […]
Read more »Via Upstream Online, a report that Brazil’s Petrobras is eyeing new investments in Guyana, Venezuela and Bolivia: Brazilian state-controlled oil company Petrobras is assessing the possibility of carrying out fresh investments throughout South America. The signalling of a possible to return to regional investments came as Brazilian President Luiz Inacio Lula da Silva this week […]
Read more »Courtesy of Geopolitical Futures, a report on how Caracas is taking advantage of a key opportunity to revive its energy sector: For years, the Venezuelan economy has been largely disconnected from Western markets. The war in Ukraine, however, initiated a sort of restructuring of the global energy market, sparking renewed interest in Venezuela’s potential as […]
Read more »Courtesy of The Diplomat, an article on how Petronas – Malaysia’s state-owned energy giant – benefited from the global spike in oil and gas prices, but its long-term future is less certain: By any measure, 2022 was a banner year for Petronas, Malaysia’s state-owned energy giant. Petronas deals mainly in extracting, refining , and selling […]
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