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AfrOil: Eni acquires Tango FLNG for Marine XII project
Italian oil major Eni SpA has acquired Tango FLNG, a small-scale floating LNG (FLNG) vessel, for installation at the Marine XII block offshore Republic of Congo from Belgium’s Exmar.
Hungary secures increase in Russian gas supply
Under the agreement, an extra 2.6mn cubic metres per day of gas will arrive in Hungary’s south from the TurkStream pipeline up until the end of August.
COMMENT: Can Russia pivot its European gas sales to Asia?
The search for alternative markets is being stepped up to secure the long-term future of the Russian gas industry. In the short-term Russia can't switch to Asia, but by the early 2030 Russia could be sending up to 126bcm to Asia.
AfrElec: Saudi Electricity borrows $568mn to fund electricity interconnection project with Egypt
Perspectives | Beijing and Moscow clash over Kazakhstan’s oil
China wants Russia to stop interfering with Kazakh oil exports.
Czech government remains colour blind on green issues
This could prevent it from tackling some of the country’s biggest problems, such as its dependency on Russian energy, soaring energy bills, worsening environmental problems, and its stuttering economic model.
Fire could plunge Cuba into an energy crisis
Following a blaze that has destroyed at least 40% of the Matanzas Supertanker Base, Cuba stands to run low on power plant fuel. The consequences could lead the US to reconsider sanctions policy.
AfrElec: Zimbabwe, Zambia sovereign defaults push up cost of $4.5bn Batoka Gorge project
Government claims three quarters of foreign companies in Russia are still working
The Kremlin has now banned companies in the financial, fuel and energy sectors from leaving the country.
Moldova says it won't be able to make next payment to Gazprom
Failure to make the up-front payment may result in disruption of gas supplies in the first days of September.
Russia resumes oil supplies to Slovakia and Hungary but imports to Czechia remain halted
Hungary's MOL group pays for Transneft's transit fee to Ukrtransnafta, ending cut-off caused by 'administrative glitch'.
How do high gas prices push up the cost of power?
Russian supply woes have driven European gas prices to previously unimaginable levels, but why are electricity prices so high?
REM: New US climate bill likely to become law, deliver 525-550 GW of clean power by 2030
Russian gas exports to Europe tumble in June
Russian exports of gas to Europe have tumbled by two thirds, but oil exports by sea have recovered to pre-war levels, according to the European Central Bank’s latest economic bulletin.
Serbia to crack down on environmental crime
Interior minister warns those who destroy Serbia’s natural heritage will be prosecuted after new environmental crime unit files hundreds of criminal reports.
Russia cuts oil flow via Ukraine's Druzhba pipeline, blaming sanctions for blocking transit payments
Cut-off will hit the Czech Republic, Hungary and Slovakia hardest, as they rely heavily on imports via the Druzhba pipeline.
AsiaElec: India to fall short on 2022 renewable targets
FSUOGM: Russia raises stakes in Sakhalin showdown
EurOil: Denmark's Tyra field suffers further delays
AsianOil: Petronas partners with South Korean firms on CCS opportunities
Malaysia’s Petronas said on August 2 that it had signed a memorandum of understanding (MoU) with six South Korean companies that will see them collaborate on carbon dioxide (CO2) capture, transport and storage.
NorthAmOil: Freeport LNG to resume operations in October
A US regulator has given approval for Freeport LNG to partially resume operations following an explosion and a fire in June.
End of Vienna talks means US, Iran political approvals now needed to revive nuclear deal
And there’s no guarantee they will be forthcoming.
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