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Kazakh authorities threaten to nationalise energy firms over ongoing blackouts

29 November 2022

Warning issued after accident at a power plant in northern Kazakhstan that left thousands without electricity amid freezing temperatures in the city of Ekibastuz.

Oil price cap deal still proves elusive for EU

29 November 2022

EU negotiators ended talks on capping Russian oil prices on November 25 without coming to a hoped-for agreement, as Poland and the Baltic States opposed a proposal that they felt would have left Moscow with too much revenue from its crude exports.

DMEA: Israel eyes new gas export route to Europe

29 November 2022

NewMed Energy (Israel) has indicated that it does not want Egypt’s LNG plants to be the sole export outlet for natural gas from the Leviathan field.

AfrOil: Eco Atlantic strikes out at Gazania-1

29 November 2022

UK-based Eco (Atlantic) Oil & Gas said it had not found any crude oil or natural gas in the Gazania-1 exploration well at Block 2B offshore South Africa in the Orange basin.

LatAmOil: EPA imposes new permitting requirement on USVI refinery

29 November 2022

The US EPA has told the owner of the Limetree Bay Refinery in the US Virgin Islands (USVI) that it may not resume operations unless it first obtains a new comprehensive Clean Air Permit.

EU energy ministers agree to speed up permitting and deployment of renewables temporarily

29 November 2022

A final decision – formal approval - on the new regulation may occur at another emergency meeting on December 13.

Azerbaijan's State Oil Fund reports over $5bn in losses from asset management and FX in first nine months

29 November 2022

SOFAZ reported losses from asset management of $2.659bn, or 5.7% of its value, as well as extra-budgetary expenses amounting to $2.46bn, largely due to exchange rate appreciation.

Gazprom admits Moldova paid its bills but keeps December deliveries at under half of contracted amount

29 November 2022

Energy crisis in Moldova continues as Gazprom refuses to increase deliveries, accusing Chisinau of "frequent payment breaches".

Three contenders reportedly in race for Enel’s €1.9bn Romanian energy assets

29 November 2022

Italian utility group Enel plans to sell its subsidiaries in several countries including Romania next year.

Investigation indicates that companies with US ties are assisting Venezuelan fuel shipments

24 November 2022

Two companies with ties to the US appear to be assisting Venezuela in transporting large amounts of petroleum products to the world market via an Iranian-built tanker.

National Energy Corp. of Trinidad and Tobago will attend conferences to promote energy services

24 November 2022

State-owned National Energy Corp. of Trinidad and Tobago will participate in at least three major oil and gas summits next year in an effort to help the country’s energy services sector expand.

Gazprom unveils its biggest investment programme in eight years as it begins to reorientate to the east

24 November 2022

Gazprom announced its biggest investment programme since 2014 of $35bn as the company prepares to embark on major capital-intensive work that may include new pipelines to Europe and China and suggests is may be expecting higher earnings from Europe.

Company sources say Pemex has been paying fines rather than meeting environmental standards

24 November 2022

Mexico’s national oil company Pemex has been paying fines for violating environmental regulations rather than rectifying its underlying deficiencies, two senior company sources told Reuters last week.

Moldovans respond to latest blackout with solidarity for Ukraine

24 November 2022

When their country was plunged into darkness, Moldovans joined Ukrainians in tweeting their defiance of Russia with the hashtag #withoutyou.

Ukraine plunged into darkness as Russia launches a renewed ferocious missile attack on its power stations

23 November 2022

Ukraine braces for its worst winter since World War 2, Kyiv’s Mayor Vitali Klitschko said, as the country suffers another wave of virulent Russian strikes.

EU releases symbolic gas and preliminary oil cap price numbers

23 November 2022

The European Commission released preliminary prices for the gas and oil price caps at a level that is more of a symbolic gesture than the stringent sanctions that will crush the Kremlin's budget that many were hoping for.

Enel to exit Romania as it sees no room for further growth

23 November 2022

“Friendly separation” planned just two years after Enel announced €2bn investments in green energy projects in Romania.

LatAmOil: Suriname launches deepwater bidding round

23 November 2022

Suriname’s national oil company Staatsolie officially launched a new licensing round covering deepwater acreage on the Demerara Plateau on November 8.

DMEA: Iranian petrochemical companies look upstream

23 November 2022

A consortium of Iranian petrochemical companies has commenced the process of developing three natural gas fields in Iran.

AfrOil: Eni, CNOOC submit bids for six blocks offshore Mozambique

23 November 2022

Mozambique’s sixth licensing round has attracted a total of six bids, with Italy's Eni and China's CNOOC the only participants.

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