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Germany seeks to sub-charter floating LNG terminals amid contract disputes
Germany’s economy ministry is gauging interest in its excess floating LNG terminals as it considers sub-chartering the ships as they sit idle following two contract cancellations.
Rosneft achieves record revenue, EBITDA in 2024
Russia’s largest oil producer Rosneft reported record revenue of RUB10.14 trillion ($12.7bn) in 2024, an 11% year-on-year increase.
Kenya signs nuclear energy pact with Chinese firm
European Commission launches inquiry over BYD’s Hungarian investment
The European Commission has launched an investigation into whether BYD received unfair state subsidies from China to support the construction of its Hungarian factory.
India boosts energy, mobility infrastructure in western Himalayas
The union territory of Ladakh holds immense strategic and geopolitical importance for India as it borders China and Pakistan.
Philippines launches fourth green energy auction with expanded capacity
The Philippines’ Department of Energy has outlined the guidelines for the fourth green energy auction, targeting the addition of 9,378 MW of renewable energy capacity.
Chevron presses Trump for Venezuela oil licence reprieve
Chevron is mounting a last-ditch effort to salvage its Venezuelan operations by engaging in intense lobbying at the highest levels of the US government.
ING: What a potential restart of Russian gas flows could look like
Growing optimism for a peace deal between Russia and Ukraine has sparked discussions about the potential resumption of Russian gas flows to Europe. It might happen: a partial restart of flows could drastically change the outlook for the gas market.
Nigeria inaugurates first modular LPG plant, 20-MW gas-to-power project
The Nigerian government has inaugurated the country’s first modular liquefied petroleum gas extraction plant and a 20-MW gas-to-power project at the Otakikpo field in Rivers State.
Trump proposes taking control of Ukraine’s nuclear power plants
President Trump has proposed that the US assume control of Ukraine's nuclear power plants to safeguard the country's energy infrastructure as part of a ceasefire plan, the president said during a call with Ukrainian President Zelenskiy.
Japan Airlines, Airbus join sustainable aviation fuel joint venture
Japan Airlines and European aircraft manufacturer Airbus have joined a Japanese joint venture aiming to produce bioethanol from domestically sourced woody biomass for use as sustainable aviation fuel.
Nigeria declares state of emergency following pipeline explosions during unrest in Rivers State
Nigeria’s President Bola Tinubu on March 18 declared a state of emergency in Rivers State following explosions at two oil pipelines.
Nigerian association IPMAN denies opposing petrol price drop by Dangote, NNPCL
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has refuted claims that it stood against plans by 650,000 barrels per day (bpd) Dangote Refinery and the Nigerian National Petroleum Co. Ltd. (NNPCL) to cut petrol prices.
South Africa experiences 83% drop in power cut losses to economy as supply improves
South Africa has experienced an 83% drop in the cost of power outages to the country’s economy, according to the Council for Scientific and Industrial Research (CSIR).
NASA mission uncovers hidden driver of Arctic ice melt
NASA’s most ambitious Arctic research mission yet has uncovered unexpectedly high concentrations of ice particles in clouds over Greenland, potentially explaining the region’s accelerating ice melt.
MOL finds oil in southwest Hungary
New oil field discovered with a potential production capacity of 1,200 barrels per day.
INTERVIEW: Biomethane can make up Ukraine’s gas shortfall - Ukraine Bioenergy Association
Ukraine is rapidly developing its biomethane sector with ambitions to become a major European supplier. Georgii Geletukha told bne IntelliNews that Ukraine has the potential to produce up to 20bn cubic metres per year.
Wind energy development in South Africa is gaining momentum, says SAWEA
South Africa is advancing its renewable energy sector development, with wind power generation leading the way, according to a 2024 industry analysis by the South African Wind Energy Association in collaboration with the Global Wind Energy Council.
Nakilat marks cutting of first steel on LNG carriers
Qatar's Nakilat has held a steel cutting ceremony for eight of its new LNG carriers at the Hanwha Ocean shipyard.
Red Sea tensions escalate as US and Houthis launch attacks
The US and Yemen’s Houthi rebels have launched fresh attacks amid growing concerns over the safety of Red Sea shipping routes.
Bulgaria to build €15mn H2START hydrogen valley
Bulgaria's Stara Zagora to become one of only two hydrogen valleys in Europe, producing 500 tonnes of hydrogen annually.
Mongolia goes for megaprojects to broaden economy
Ulaanbaatar has big plans to end dependence on raw mineral exports.
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