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More help needed for Ukraine’s ravaged energy sector
A multi-million-euro fund launched by Ukraine’s European allies to help the war-ravaged energy sector is running low on cash as power providers struggle to keep the lights on this winter.
Kosmos, Tullow in early talks on potential merger to create West Africa-focused producer
US oil and gas company Kosmos Energy on December 12 confirmed it was in early talks for an all-share acquisition of Tullow Oil, a London-headquartered independent energy company, following media speculation
Moldova announces it has enough natural gas reserves for the entire winter
Moldovagaz says it has already purchased 747.9mn cubic metres of natural gas ahead of the expected cut-off of Russian gas supplies via Ukraine.
AsiaElec: Philippines’ nuclear roadmap: a path to 4,800 MW by 2050
FSUOGM: Sibur launches pilot centre for polymer tech
EurOil: Northern Ireland bans onshore oil and gas exploration
Iranian oil sales to China nosedive as fresh sanctions bite
Iran’s oil exports to China have dropped to a record low in two years, a senior analyst at consultancy HedgePoint said, an indication that recent US sanctions cracking down on Iranian crude have been delivering.
COMMENT: Will the US exit Syria, return its oil fields?
The United States is now confronting a complex decision about its military presence in the country's oil-rich northeast.
Geothermal energy poised for major global expansion, says IEA chief Fatih Birol
"Geothermal energy could see transformative global growth thanks to advancements in technology and expertise from the oil and gas sector," the International Energy Agency (IEA) said in a report groundbreaking report released on December 13.
First major oil spill by Russia's shadow fleet as major storm rips oil tanker apart in Kerch straits
A major storm ripped a Russian oil tanker apart, tearing off its nose on December 15. A total of two ships have reportedly sunk as a result of the storm and at least four crew members are thought to have lost their lives, TASS reports.
AfrElec: AfDB approves $170mn loan to fund Egypt’s Suez Wind Project
Force majeure at Libya’s Zawiya Refinery threatens exports and oil expansion plans
The declaration of force majeure at Libya’s Zawiya Refinery by Libya’s National Oil Corporation on December 15 has put plans to boost crude production in doubt and raised concerns over NOC's ability to meet its oil export obligations.
US expected to impose sanctions on Serbia's NIS over Russian ownership
Serbia president says US sanctions targeting Gazprom-owned NIS will take effect in the coming days, with the UK likely to follow.
Tajikistan: Rogun Dam is a white elephant in the making – report
Dushanbe needs to diversify power generation sources.
Moldova enters state of emergency, Transnistria stockpiles firewood
The separatist Transnistria region will stockpile firewood and introduce rolling blackouts after the expected end of Russian gas supplies via Ukraine.
India’s second-largest clean energy company ReNew plans to go private
Key investors in ReNew Energy Global, India’s second-largest clean energy producer, have proposed to take the company private in a deal valued at $2.82bn.
Slovakia will continue supplying Czechia with processed Russian oil for another six months
Slovakia prolongs exemption from EU sanctions on oil products from imported Russian oil.
COMMENT: A stable Syria could become a major energy hub
It’s been a pipe dream for decades, but with the fall of the Assad regime a stable Syria means a pipeline connecting Qatar to Turkey is possible, which would connect the gas fields of the Middle East to Europe.
INTERVIEW: Jeet Chandan, co-founder of Indian investment platform BizDateUp
The electric two-wheeler and three-wheeler segments have the highest growth potential in the overall India electric vehicle (EV) space, Jeet Chandan, co-founder of investment platform BizDateUp told bno Intellinews in an interview.
LatAmOil: Biden administration has not ruled out revoking Chevron’s licence to operate in Venezuela
MEOG: bp extends EPC contract for Omani gas fields
Poland’s Orlen ditches largest petrochemical project in Europe
Refiner's stock plunges 3.5% after it announced it will not pursue its Olefins 3 petrochemical project.
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