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The European Investment Bank has approved €340mn of funding for water and renewable energy in Africa.
Ukraine has a gas deficit. It has to import some 15bn cubic metres of gas every year, which it used to get from Russia, but now buys from its partners in Western Europe. But now Naftogaz is pushing to boost domestic production.
Ukraine’s government has dismissed the widely respected head of state-run oil and gas company Naftogaz, Andriy Kobolev, on April 29, the day after the company reported losing $684mn in 2020.
Total issues declaration of force majeure for Mozambique LNG project, citing deteriorating security conditions in Cabo Delgado.
The government of the Philippines has approved Vires Energy’s proposed LNG-to-power project.
Oilfield services giant Schlumberger has revised its projections for the pace of the oil and gas industry’s recovery and now believes it will be faster than previously expected.
Wilson Zelaya, the CEO of Bolivia’s national oil company (NOC) YPFB, has said that conditions are improving in his country’s hydrocarbon sector.
France’s Total has issued a declaration of force majeure on the Mozambique LNG project, citing unfavourable security conditions in Cabo Delgado, Mozambique’s northmost province.
Italian major Eni has started producing natural gas from its deepwater Merakes project in the East Sepinggan block offshore Indonesia.
Wilson Zelaya, the CEO of Bolivia’s national oil company (NOC) YPFB, has indicated that conditions are improving in his country’s hydrocarbon sector.
OSCE report identifies border hotspots across the region where rising temperatures and more extreme weather events risk adding to border tensions.
Bucharest is struggling to marry the EU’s calls for green projects and digitalisation with Romania’s needs for motorways and gas distribution networks.
The failure of a routine test at the Chernobyl Nuclear Power Plant in Soviet Ukraine released a cloud of radioactive particles in the worst nuclear accident ever.
In the morning of April 22 it looked like Russia was revving up to start WWIII by invading Ukraine. By the end of the day Russian President Vladimir Putin was holding out the hand of co-operation in a global effort to beat the climate crisis.
The EBRD, the OPEC Fund for International Development, the African Development Bank (AfDB), the Green Climate Fund (GCF) and Arab Bank have signed a $114mn financing package with ACWA Power to build the largest private solar plant in Egypt.
Nigeria’s government has reportedly agreed to revise provisions of the Petroleum Industry Bill (PIB), the oil and gas law now under discussion in the National Assembly.
France’s Natixis is set to join the ranks of financial institutions that have stopped supporting trade deals involving Ecuadorean crude oil.