Via Offshore Technology, a report on a preliminary proposal to alter the pipeline’s direction has not found favour with Bolivia, exposing Brazil to fluctuating liquefied natural gas (LNG) prices: Energy companies from Argentina and Brazil have initiated discussions to reverse the flow of a Bolivian natural gas pipeline that links the three nations, reported Reuters. This […]
Read more »Via BNA Intellinews, a report that Iran and Iraq are teaming up to develop the Masjed Soleyman field: Iran has signed what it calls “the biggest deals in a decade” to develop six oil fields in the south and the west, a week after entering into $20bn contracts to boost pressure in the colossal South Pars […]
Read more »Via Caixin Global, a report on Saudi Aramco’s interest in investing in, and cooperating with, China in the fields of chemicals, green materials, energy transition and digital innovation: Saudi Aramco sees opportunities to invest in and cooperate with China in the fields of chemicals, green materials, energy transition and digital innovation, said Amin Nasser, president […]
Read more »Courtesy of Nikkei Asia, a report on the Chinese state oil group’s ongoing energy ties with Moscow: Chinese state-owned energy groups continue to buy crude oil and natural gas from Russia, executives said this week, even as Western countries impose sanctions meant to cut off Moscow’s funding for its war on Ukraine. PetroChina, the core listed […]
Read more »Via Phenomenal World, a report on state-led petroleum sector development in Angola and Nigeria: Oil and gas producers in Africa, like developing countries across the globe, face a particular problem in pursuing state-led development. The resource curse, and specifically the phenomenon of “Dutch disease,” in which an exporting industry brings in foreign capital and causes the […]
Read more »Via Energy, Capital & Power, an article on Sonangol’s privatization and drive to strengthen its competitiveness: Angola plans to complete the privatization of the country’s national oil company (NOC) Sonangol by 2026, falling in line with its strategy to modernize the economy and attract private investment. As part of the strategy, the government will make […]
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