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Blair think-tank releases scathing criticism of UK climate policy
The arguments contrast sharply with those of the UK’s Labour government.
Greece approves oil and gas licence tender
Greece has greenlit an international tender for hydrocarbon exploration across four offshore blocks in the Mediterranean, following expressions of interest from Chevron and Hellenic Energy.
Scarborough Energy Project faces additional obstacle from Australian doctors group
Australian oil and gas giant Woodside Energy will need to clear another hurdle for its Scarborough Energy Project to get the green light after Doctors for the Environment Australia initiated legal action in the country’s Federal Court.
Iraq losing $1mn daily due to dust storms
Iraq is losing approximately $1mn per day due to dust and sandstorms that strike the country, according to a report by the Iraq Green Observatory, an environmental affairs monitoring body.
Ghana’s oil woes deepen as investors shun sector for fifth year running
Ghana failed to attract a single new petroleum agreement in 2024, extending a worrying five-year trend that signals waning investor confidence in the country’s upstream oil and gas sector, according to the latest annual report by the Public In
UK insect numbers plummet by two thirds in three years, Bugs Matter survey shows
The population of flying insects in the United Kingdom has fallen by two thirds in just three years, according to new findings from a nationwide “Bugs Matter” citizen survey, raising alarm among ecologists and conservation groups.
Hungarian Commissioner delays EU plan to curb Russian energy dependence
Hungary's EU Commissioner Oliver Várhelyi raised a last-minute objection to delay the approval of the EU's roadmap for ending the bloc's Russian energy reliance.
Woodfibre LNG seeks to expand workforce, requesting second floatel
Woodfibre LNG is gearing up to increase construction with a request to add a second floatel for employees sent to regulatory agencies.
ADNOC Drilling wins contract for newbuild island rigs
ADNOC Drilling has secured a significant contract to supply three technologically advanced island rigs
Bosnia secures €80mn World Bank loan to finance coal phase-out and energy transition
Funds to back project to repurpose post-mining lands in Banovići, Zenica and Kreka, and facilitate the closure of underground mining operations in Zenica.
Scotland's only oil refinery closes
Scotland’s only oil refinery shut down last week, marking the end of operations at one of the UK’s oldest oil-processing plants.
Kazakhstan slaps $119mn in environmental fines on major oil producers
Kazakhstan has imposed more than KZT61.1bn ($119mn) in environmental fines on four major oil producers between 2022 and 2024.
Gazprom returns to profit in 2024 after first loss in decades in previous year
Russia’s state gas exporter Gazprom swung back to profit in 2024, the year after suffering its worst loss in decades in the previous year, on the back of higher export volumes and revenues.
BLOG: The EU’s glacial push to eliminate Russian LNG
The EU is continuing to grapple with the complex challenge of eliminating its remaining oil and gas imports from Russia, as the European Commission prepares to unveil a roadmap this week outlining how to achieve that goal, hopefully by 2027.
MACRO ADVISORY: Kazakhstan’s high stakes oil gambit
Kazakhstan’s economy is estimated to have grown by more than 5.5% in the first quarter. Growth in February alone topped 7.5% y/y. The reason for the strong growth is the surge in oil production at the giant Tengiz oil field.
Artificial Intelligence and electricity: a new energy challenge
The rapid growth of Artificial Intelligence is transforming how industries operate, particularly the electricity sector.
After Samarkand summit, Europe’s quest for Central Asian resources meets reality
Playing long game for rare earths.
Trump threatens sanctions on buyers of Iranian oil, sending markets soaring
US President Donald Trump on May 1 ratcheted up pressure on Iran, threatening sanctions on any country or individual purchasing Iranian oil or petrochemical products.
MOL and TPAO bring upstream partnership to Hungary
Hungarian oil and gas company MOL and Turkish peer TPAO are partnering on hydrocarbon exploration and production in the west of Hungary, Minister of Foreign Affairs and Trade Peter Szijjarto said.
SLB echoes headwinds warning after falling short of first-quarter expectations
Oilfield services firm SLB reported first-quarter earnings that fell short of analyst expectations and echoed its rivals in warning of headwinds.
APA reports positive results from Sockeye-2 flow test in Alaska
APA and its partners have announced the results of flow testing of the Sockeye-2 exploratory well on Alaska’s North Slope.
Explosion kills five at illegal fuel storage site, Nigeria
Five people have been killed in an explosion at an illegal refinery in Rivers State, Nigeria, on April 26 after a fire ignited in an area where illegally refined fuels were stored.
Spanish blackout caused by extreme weather and a major renewables failure for the first time
A widespread blackout that plunged Spain, Portugal, Andorra and parts of southern France into darkness this week was caused by extreme weather events that saw the renewable power system collapse, as now the third disaster starts.
Israel faces major wildfires in Jerusalem hills as authorities evacuate villages
Multiple wildfires are spreading rapidly through the Jerusalem hills area, forcing evacuations, closing major highways, and prompting Israel to request international firefighting assistance.
Ghana’s oil output stalls despite near-record production, PIAC warns of sectoral decline
Ghana narrowly missed matching its 2023 crude oil output by just 0.01%, equivalent to 7,000 barrels, according to the latest annual report by the Public Interest and Accountability Committee (PIAC).
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