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TotalEnergies and Mozambique hold talks on stalled LNG project
TotalEnergies’ CEO Patrick Pouyanne and Mozambique’s President Daniel Chapo held talks on the long-delayed Mozambique LNG project during an energy conference on January 28.
EU sanctions envoy takes on delicate “compliance” issues on visit to Kazakhstan
Given Russian-Kazakh economic integration, Europe cannot hope to stop every illicit shipment from the Central Asian country to Moscow’s war economy, but there are some notable successes.
Russian refineries see 2.5% dip in oil deliveries in 2024
Crude oil deliveries to Russian refineries declined by 2.5% year on year in 2024 to 271.4mn tonnes, while refining volumes fell by 3.1% to 266.5mn tonnes.
Kazakh producer Lucent to help revive Borankol gas processing project
Kazakh privately-owned junior producer Lucent Petroleum plans to produce up to 1.7 mcm of gas per day at the Munaybai field in west Kazakhstan and transport it via pipeline to the Borankol gas processing plant.
Trump halts Mexico tariffs after border troop deal, but tensions remain
The United States and Mexico have reached a temporary agreement suspending new tariffs, following negotiations between President Donald Trump and his Mexican counterpart, Claudia Sheinbaum.
COMMENT: Ukraine eyes key role in Azerbaijani gas transit to Europe
Kyiv wants to become a transit hub for Azerbaijani gas after ending Russian gas transport, but plan faces political, logistical and economic hurdles.
COMMENT: Trump should do a deal with OPEC and tighten sanctions further to collapse the Russian economy
As its parting shot, the Biden administration imposed the toughest sanctions yet on Russian oil. The incoming Trump administration is changing tack and talking about negotiations, but should tighten sanctions further and cause Russia real pain.
India eyes at least 100GW of nuclear power by 2047
During the Union Budget 2025–26 presented on February 1, the Indian government announced the launch of the Nuclear Energy Mission, aiming to develop at least 100GW of nuclear power by 2047.
Iran to seal deals with four local firms to boost pressure in South Pars gas field
Iran is set to finalize deals with leading local firms to carry out a major pressure-boosting project in its colossal South Pars gas field, said a senior official at the National Iranian Oil Co.
EBRD to support Poland’s green transition with €200mn loan for Baltica 2 wind project
Baltica 2 offshore wind farm will be a boon for Poland, which is struggling to meet its green transition targets.
China hit its ambitious renewable energy targets six years ahead of schedule
China remains the largest emitter of GHGs, but it has also emerged as the global green energy champion after Beijing threw itself into building out its renewable energy generating capacity.
Uzbekistan’s Saneg turns flared gas into fuel
By utilising associated gas produced at oilfields rather than flaring it, Saneg is bolstering Uzbekistan's energy supply while tackling emissions.
The UK, Germany and China lead global offshore wind farm roll-outs, but the rest of the world is lagging far behind.
Poland is about to double its offshore wind power generation capacity but apart from Germany and the UK, offshore wind power remains underdeveloped around the world, with the notable exception of China.
Shell reportedly close to dispute resolution with South African Thebe Investment Corp over $1bn asset
Energy supermajor Shell and its South African partner, Thebe Investment Corporation, are nearing a valuation dispute resolution over Shell’s downstream operations in South Africa.
Will the Nord Steam gas pipelines be turned back on soon?
The idea of restarting Russian gas deliveries to Europe via the damaged Nord Stream 1 & 2 pipelines has been introduced as a possible bargaining chip in the mooted Russo-Ukraine ceasefire talks. If it happens it would solve many of Europe's problems.
India’s PM SuryaGhar scheme brings rooftop solar to 850,000 homes in first year
Under the PM SuryaGhar Yojana, which aims to facilitate the installation of 10mn solar panels, the Indian government has managed 850,000 installations in the first year
Seven bid for Lukoil’s Bulgarian refinery, PM Zhelyazkov says
Lukoil has been actively seeking to sell its Bulgarian assets since December 2023, when Sofia banned imports of Russian crude oil.
Mexico unveils private sector power contracts in energy reform
Mexico's government proposed legislation to allow private energy contracts while maintaining state utility Federal Electricity Commission's (CFE) minimum 54% market share, Energy Minister Luz Elena González announced on January 29.
OPEC+ to discuss Trump proposal on US oil output expansion
The OPEC+ alliance of major oil producers is set to deliberate on US President Donald Trump’s recent proposal to expand American oil output, Kazakh Energy Minister Almasadam Satkaliyev told a briefing on January 29.
Shell, CNRL announce Canadian asset swap
Shell and Canadian Natural Resources Ltd. (CNRL) announced on January 29 that they had agreed to engage in an asset swap relating to the Athabasca Oil Sands Project (AOSP) in Alberta, Canada.
Researchers find that climate change made LA wildfires more likely
January’s deadly wildfires in Los Angeles were worsened by human-made climate change, according to a study by World Weather Attribution.
Renewables could power 80% of data centres, Goldman Sachs says
Renewables can supply the vast majority of power required for the growing demand of energy needed to operate data centres, research from Goldman Sachs has revealed.
West Africa LPG Expo advocates for clean energy transition
Regional and global energy investors are preparing plans to actualise an effective method for a clean energy transition in West Africa at the 6th edition of the West Africa LPG Expo.
Brazil’s Petrobras hits 2024 output targets, boosts pre-salt production
Brazil’s national oil company (NOC) Petrobras met its 2024 production targets, with total oil and gas output reaching 2.7mn barrels of oil equivalent per day (boed).
Turkey awards 1.2 GW of wind power deals in tenders
$1.2bn will be invested in building five plants. Winners awarded grid connections for 49 years.
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