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Indonesia’s Power Sector is Open for Business
The final episode in Enlit Asia’s digital series Indonesia’s New Energy Paradigm did not disappoint, as the expert panel delved into how the country’s energy…
India
India Clears Plan for Domestic Gas Price Discovery
The Indian cabinet has approved a policy aimed at creating price discovery for domestic natural gas output, part of a series of reforms by Delhi to push the cou…
Oil & Gas Trade
Iraq Boosts Oil Exports Despite OPEC+ Pledges
Despite promises to keep in line with the OPEC+ pact, Iraq – OPEC’s second-largest producer and biggest laggard in implementing the cuts – slightly raised it…
Oil & Gas Trade
Oil Companies Cut More Jobs As Demand Recovery Remains Uncertain
Suncor Energy is cutting as much as 15 percent of its workforce—a total of 2,000 jobs—as demand destruction and low prices have created an adapt or die scenar…
Oil & Gas Trade
Golar Power Offers Top Bid for Petrobras's LNG Import Terminal
Golar Power Ltd has submitted the top bid for a highly-sought-after liquefied natural gas import terminal being leased by Brazil's state-run energy firm Petrobr…
Electricity Trade
NextEra Energy to Acquire Power Transmission Company GridLiance
NextEra Energy Transmission has signed an agreement to acquire US-based independent power transmission company GridLiance.
Oil & Gas Trade
Russia's Novatek Says on Track for up to 70 mln T/yr of LNG By 2030
Novatek is on track to produce 57-70 million tonnes of liquefied natural gas per year by 2030 despite the pandemic, the Russian company said on Tuesday, around …
IGSHPA and GEO Announces Transfer of IGSHPA from OSU
Creates partnership of trade associations representing geothermal heat pump industry.
Oil & Gas Trade
BPCL Pays for Defaulting Videocon in Brazil Oil Block
State-owned Bharat Petroleum Corp Ltd has been forced to pay for its defaulting partner Videocon Industries Ltd after it had relied on a rarely used model to ac…
Oil & Gas Trade
Iraqi Oil Ministry Denies Deal to Up Oil Exports
Iraq's oil ministry on Thursday denied a media report citing Oil Minister Ihsan Abdul Jabbar as saying an agreement was imminent with the OPEC+ group to increas…
Oil & Gas Trade
Nigeria's Oil Sales Revenue Plummeted 75% in July
Data from the Nigerian National Petroleum Corporation showed that Nigeria’s oil sales revenue in July was 55.29 million US dollars, a decrease of 75% from the …
Oil & Gas Trade
Iran Opens Navy Base At World’s Most Crucial Oil Chokepoint
The Islamic Revolution Guards Corps of Iran opened this week a new naval base in a coastal town along the world’s most important oil chokepoint, the Strait of …
Electricity Trade
Siemens Wins Contract for 400Kv Turnkey Iraqi Substation
Siemens Energy has been awarded a contract by the Iraqi Ministry of Electricity for a turnkey 400- kilovolt substation located about 20 km away from Ramadi city…
Invited for Trade Services
Tenders are invited for Trade Services (Electrical)
Oil & Gas Trade
India's August Crude Imports Continue Slide as Economy Stalls
India's crude oil imports declined in August, albeit at a slower pace, as soaring coronavirus cases continued to hit mobility and slowed economic recovery.
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