Recent Posts

Algeria seeks to cut energy consumption after oil earnings fall

ALGIERS / Reuters Algeria is offering motorists incentives to more than double the number of cars running on natural gas by 2021 in an effort to reduce consumption of costly imported fuel amid strained public finances, officials said. The North African country has been struggling with a halving since 2014 of vital oil and gas revenues, which make up 60 ...

Read More »

Kazakhstan to resolve ‘profit row’ by June

ASTANA / Reuters Kazakhstan hopes to settle a profit sharing dispute with global energy companies developing the Karachaganak gas condensate field by June, its deputyenergy minister said, after talks were repeatedly extended. Eni and Shell have the biggest stakes in the Karachaganak project, which they jointly operate. “Negotiations on the Karachaganak project are rather active, we meet almost daily, our ...

Read More »

Pavilion Energy imports first LNG cargo for S’pore

Bloomberg Singapore’s state-owned natural gas importer brought in its first cargo of a super-chilled form of the fuel for domestic use. Pavilion Energy Pte, owned by Singapore’s Temasek Holdings Pte, unloaded the liquefied natural gas cargo from the tanker Al Oraiq. Pavilion last year became one of two companies, along with Royal Dutch Shell Plc, to be granted a license ...

Read More »
Send this to a friend