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LatAmOil: APA announces find at Block 53 offshore Suriname

29 August 2022

US-based APA Corp. has made its first discovery of hydrocarbons at Block 53 offshore Suriname in the Baja-1 exploration well.

DMEA: TotalEnergies says it will continue building Arzew petchem plant in Algeria

29 August 2022

TotalEnergies (France) will continue working to build a petrochemical plant in Algeria’s Arzew region, denying a report published earlier by African Intelligence.

AfrOil: South Africa expects TotalEnergies to submit Luiperd development plan

29 August 2022

Phindile Masangane, the CEO of Petroleum Agency South Africa (PASA), has said she does not expect TotalEnergies to let its licence for Block 11B/12B lapse as a deadline for submitting production plans approaches.

Ministers warn Bulgaria risks losing billions of dollars in arbitrage against Gazprom

25 August 2022

Caretaker government's decision to open talks with Russian gas giant sparked thousands-strong protest in Sofia.

Croatia ramps up power production from fossil fuels

25 August 2022

Net electricity production was up 14% y/y in June due to a significant rise in thermal power production, while hydropower generation fell.

Diesel fuel prices in Turkey climbing again

25 August 2022

In Istanbul, diesel up 258% y/y and gasoline higher by 173% y/y.

Kazakhstan: Spectre of Chinese control over oil and gas largely illusory

25 August 2022

For all its billions spent, China still controls only a small share of Kazakh oil output.

Poland’s Azoty Group suspends fertiliser production as high gas prices sting

24 August 2022

Warsaw-listed chemicals group suspends or reduces some products, including nitrogen fertilisers and ammonia.

Kazakhstan’s oil exports via Russian terminus disrupted for fourth time this year

24 August 2022

Speculation again mounts that Kremlin is tampering with its southern neighbour’s shipments.

Iran ‘has dropped main hang-ups’ in way of reinstating nuclear deal says US official

23 August 2022

Iranian president remarks: “In no meeting or negotiation did we sell the rights of the people short.”

Bulgarian politicians split over Russia gas imports ahead of snap election

23 August 2022

Caretaker government’s decision to open talks on resuming imports from Gazprom reopens debate over country’s orientation vis-a-vis Russia and the West.

NorthAmOil: Santos sanctions Pikka project in Alaska

22 August 2022

Australia’s Santos announced this week that it had taken a final investment decision on Phase 1 of the Pikka oil project on Alaska’s North Slope.

ISTANBUL BLOG: Turkey doubles oil imports from Russia. What gives?

22 August 2022

The West watches on as Erdogan scorns sanctions on the Kremlin. If the law of the trade-off holds, don’t expect any action.

Bulgaria’s caretaker government starts talks to resume gas imports from Russia

22 August 2022

Energy Minister Rossen Hristov says talks with Gazprom are "inevitable" after Sofia failed to secure enough gas from other sources.

EurOil: Gazprom warns of three-day Nord Stream shutdown

22 August 2022

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