South Sudan Deploys Troops to Secure Heglig Oil Field
South Sudan has moved troops into Sudan’s Heglig oil field under what it calls a tripartite agreement with Sudan’s two warring factions. The move is a rare arrangement aimed at…
Nigeria Taps Flared Gas to Cut Emissions and Boost Power Supply
Nigeria has approved 28 companies to buy natural gas that is currently being flared at oil fields, a long-running problem the country has talked about fixing for years and is…
China Fossil Fuel Generation Set for First Drop in Decade
China’s fossil fuel power plants are on track to chart their first annual drop in generation in a decade as renewables flood the grid to meet rising demand. Thermal electricity…
Hungary Signs Gas Supply Deal with Azerbaijan
Hungary has secured an agreement to receive natural gas from Azerbaijan for the next two years, Hungarian Foreign Minister Peter Szijjarto said, as the central EU member state disputes the…
Middle East oil prices weaken as regional supply outpaces demand
(Bloomberg) – The Middle Eastern oil market has weakened in recent weeks on concern that regional supplies will outstrip demand, adding to signs of a softening global picture that’s weighed…
India Greenlights First-Ever Coal Exports Policy
India’s government approved on Friday auctions for coal that buyers could use for industrial activity and exports in yet another reform in the vast coal sector. The government endorsed the…
Historic Bill Opens India’s $214 Billion Nuclear Sector to Private Firms
India’s government on Friday approved the landmark Atomic Energy Bill, which would allow private companies to invest in its nuclear energy industry for the first time, as the country looks…
Russia’s Oil and Gas Revenues Set to Plunge 50% to Five-Year Low
Falling oil prices and strengthening Russian currency are set to slash Russia’s oil and gas revenues by nearly 50% in December from a year earlier, to the lowest level since…
Russian Fuel Shipments from Black Sea Ports Plunged in November
Russia’s shipments of refined petroleum products inched down by 0.8% in November compared to October as a plunge in exports from the Black Sea ports was offset by a jump…
Analyst Looks at Natural Gas Price Moves
In a natural gas focused EBW Analytics Group report sent to Rigzone by the EBW team on Friday, Eli Rubin, an energy analyst at the company, warned that late December…
