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GLNG: Peru LNG sends three cargoes to UK in August
Peru LNG, the operator of a natural gas liquefaction plant and export terminal in Pampa Melchorita, resumed exports in August following a planned shutdown for maintenance in July.
INTERVIEW: "The European gas crisis is caused by Gazprom, they don't want to supply gas" – Sergiy Makogon, CEO of GTSOU
Fears of a brutal winter are sending chills through Europe, even more so after Russia stopped gas flows through Nord Stream 1 indefinitely last week citing an alleged oil leak.
Russia-China trade up by a third this year, on course for $200bn
Russo-Chinese trade turnover was up by 31.4% in the first eight months of this year to $117bn and is on course to hit $200bn, the General Administration of Customs of China reported on September 7.
AfrElec: Bboxx acquires solar group PEG Africa
Kazakh copper kings ride the drive for net zero
Electric vehicle revolution has transformed the copper business. Surplus of metal likely to swing to deficit in coming years.
S&P cuts Kazakhstan outlook to negative amid fears of Russian hand on oil export tap
Oil accounts for around 15% of Kazakh GDP. Russia has ability to block pipeline via which its neighbour transits 80% of its crude bound for global markets.
Sanctions leakage: oil and gas
Not only have the extreme sanctions imposed on Russia following its invasion of Ukraine in February not crushed the economy, Russia is making a killing from the war thanks to the abundant leaks in the sanction regime.
LatAmOil: Barbados prepares to offer all 22 open offshore blocks
Barbados will offer all 22 available blocks in its offshore zone to international oil companies in a bidding round in the fourth quarter of this year.
DMEA: ZIM, Shell sign 10-year LNG bunkering deal
ZIM Integrated Shipping Services (Israel) has secured fuel supplies for 10 new LNG-powered ships that are due to enter its fleet in 2023-2024 under a long-term bunkering contract with a subsidiary of Shell (UK).
AfrOil: FAR Ltd acquires remaining 50% of Gambian blocks from Petronas
Australia’s FAR Ltd has bought 50% stakes in Block A2 and Block A5, located in The Gambia’s offshore zone, from its partner Petronas (Malaysia), bringing its stake in both sites up to 100%.
NorthAmOil: Cheniere outlines further expansion plans for Corpus Christi LNG
Cheniere Energy intends to add further capacity to its Corpus Christi LNG export terminal in Texas, beyond the 10mn tonne per year expansion that is currently under construction at the plant.
AsianOil: Santos takes FID on Darwin Pipeline Duplication Project
Australia’s Santos has taken a final investment decision to proceed with the Darwin Pipeline Duplication Project.
Iran implies West needs nuclear deal more than it does amid ‘crippling energy crisis’
Tehran serves reminder that ‘winter is approaching’ and Europe needs Iran’s oil and gas on the market.
MOSCOW BLOG: Economic war phase 2
Russia launched its Phase 2 of its military campaign in Ukraine in April, when it withdrew from northern Ukraine to concentrate its forces on taking Donbas. Now it has launched its Phase 2 of its economic war against Europe by stopping the gas flows.
Russia's indefinite closure of Nord Stream 1 triggers another price spike
Natural gas prices surged after Russia halted its biggest pipeline to Europe indefinitely, plunging the region deeper into a crisis that could push major economies into recession and force rationing.
Gazprom and Hungary agree on additional gas deliveries for winter
Agreement guarantees the delivery of up to another 5.8 mcm gas per day to Hungary in September and October.
MEOG: Novatek leaves Lebanon
EurOil: How much Azeri gas can head to Europe?
FSUOGM: Unknown Dubai firm reportedly bids for Shell's stake in Russian oil project
How much Azeri gas can head to Europe?
Europe has approached Azerbaijan as a source of additional gas to eliminate more Russian imports. But how much extra gas the country may provide, beyond the 10 bcm per year it is already sending, will depend on exploration results and Turkish assent.
The G7 announces an oil cap price sanctions scheme, but will it work?
G7 finance ministers agreed on September 2 to impose an oil price cap on the Russian oil trade starting December 5 that is supposed to reduce the revenue the Kremlin earns from its exports but gave few details of how the scheme will work.
BOOK REVIEW: Climate change on the Arctic treeline
'The Treeline: The last forest and the future of life on earth' explores the northern movement of forests toward the North Pole as the world warms up and what this means for life on earth.
For Cypriot gas, the path to Europe may run through Egypt
Establishing short subsea links with Egypt may be a faster and cheaper way for Cyprus to launch exports than waiting for EastMed, which would be the world’s longest underwater pipeline.
IAEA chief Rafael Grossi arrives at the occupied Zaporizhzhia power plant
"The things I needed to see, I saw," said IAEA chief Rafael Grossi after visiting the Zaporizhzhia nuclear power plant, despite shelling that shut down operating unit 5 and attacks on the nearby city of Enerhodar.
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