Iran lifts offshore gas production capacity at South Pars
18 April, 2017
Iran has launched six offshore gas projects valued at US$20bn at the giant South Pars field, lifting natural gas production to 570m cubic metres a day.
Cyprus awards offshore block to US and Qatari majors
11 April, 2017
Oil and gas giants ExxonMobil and Qatar Petroleum have landed an exploration and production-sharing contract for block 10 offshore southwest Cyprus.
Qatar to develop new gas project after 12-year freeze
04 April, 2017
Qatar Petroleum has announced plans for a new development in the offshore North field after a 12-year freeze on new projects.
Sonatrach to invest US$50bn to boost Algeria’s oil production by 14%
24 March, 2017
Algeria’s state-run oil company Sonatrach Group has announced plans to invest more than US$50bn over the next four years in a bid to boost crude oil output by 14%.
South Australia announces AUS$550m energy plan
15 March, 2017
South Australia’s premier Jay Weatherill has announced a AUS$550m energy plan to help tackle the state’s turbulent power supply and prices.
EU prepares investment in Irish energy import projects
06 March, 2017
Two giant energy import projects in Ireland are set to receive funding from the European Investment Bank in a bid to reduce dependence on post-Brexit Britain.
Total sells Gabon mature assets in US$350m deal
27 February, 2017
French oil and gas major Total has announced that it has agreed to sell its interest and transfer operatorship in various mature assets in Gabon to Anglo-French independent Perenco.
India approves oil and gas licences worth US$6.9bn
16 February, 2017
India has approved the award of operating licences for 31 small oil and gas fields with an estimated worth of 464bn rupees, in its first auction in six years.
Sri Lanka launches tender to develop natural gas site
14 February, 2017
Sri Lanka has launched a tender to develop a 2,924sq km gas block in the Mannar Basin.
Germany adds 4.6GW of onshore wind capacity in 2016
08 February, 2017
More than 4.6GW of onshore wind capacity was added in Germany in 2016, including 1,624 new turbines and 238MW re-powering installations totalling 679MW.
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