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Czech billionaire Karel Komarek considering cutting links with Russia's Gazprom
Czech government discussing how to remove Russian gas giant from MND storage joint venture.
FxPro Group says US restrictions on Russian oil imports could benefit Mexican economy
Cyprus-based FxPro Group Ltd has said that it expects the Mexican economy to reap benefits in the medium term from the US government’s decision to ban imports of Russian crude oil and natural gas.
Duque says Colombia can supply oil to US
Colombian President Iván Duque met with US President Joe Biden in Washington last week to discuss energy security amid the ongoing Russian military incursion in Ukraine.
US continues to explore sanctions relief for Venezuela
In an effort to secure new supply sources and mitigate the rapid rise in oil prices, the administration of US President Joe Biden has continued to explore the possibility of easing sanctions on Venezuela.
Eastern EU member states divided over sanctions on Russian oil and gas exports
Central and Southeastern European countries are among the most vulnerable to any cut-off in Russian energy exports, but this has not stopped some of them from being very vocal in demanding tougher action.
REM: UK to bolster renewable energy in response to economic impact of Russia’s war in Ukraine
Later this month, UK Prime Minister Boris Johnson will unveil a British Energy Security Strategy that will promote renewable energy, nuclear and hydrogen to boost energy independence and buffer the country from the economic impact of Russia’s war.
AsiaElec: Vietnam power plant tests Hanoi-Moscow ties
AfrElec: Tlou, Zismo partner on transmission line construction for Botswana’s Lesedi project
Tlou Energy, a Botswana-based clean energy company, has signed a contract for the construction of a transmission line for the Lesedi power project with Zismo Engineering, a local electrical engineering contractor.
Eco Atlantic aims to expand Guyana foothold by acquiring JHI
UK-based Eco (Atlantic) Oil & Gas has expanded its foothold in Guyana’s offshore zone by striking an agreement on the acquisition of JHI Associates, which holds a 17.5% working interest in the Canje block.
DMEA: Aramco takes Panjin FID
NorthAmOil: ExxonMobil reportedly considering Bakken sale
ExxonMobil is reportedly considering a sale of its assets in North Dakota’s Bakken play.
LatAmOil: Eco Atlantic to expand Guyana foothold via acquisition of JHI
UK-based Eco (Atlantic) Oil & Gas has expanded its foothold in Guyana’s offshore zone by striking an agreement on the acquisition of JHI Associates, which holds a 17.5% working interest in the Canje block.
GLNG: China resells US LNG cargoes
China is reported to have resold a handful of US LNG cargoes to Europe as price trends and Russia’s war in Ukraine continue to reroute trade flows.
FSUOGM: UK slaps sanctions on Gazprom, Rosneft CEOs
MEOG: Iran boosts smaller fields
AfrOil: Eni, BP finalise plan for Azule JV in Angola
Eni and BP have finalised an agreement first announced in May 2021 to form an independent joint venture in Angola.
AsianOil: South Korea approves oil release to take pressure off refiners
The South Korean government last week gave the green light to release more than 4mn barrels of oil from the country's Strategic Petroleum Reserve (SPR).
Croatia, Italy and Slovenia to create cross-border hydrogen valley
Three countries to promote the development of hydrogen technologies as they aim to reach climate neutrality by 2050.
bnePodcast: Energy shock – in the economic war Fortress Russia has no ammunition
In the long term Russia will be reduced to a raw material exporter that has to export regardless of price because they need the cash, argues Christof Rühl.
COMMENT: Nuclear deal cliffhanger
Might Iran sideline Russia to secure an agreement that would put it right back on the world oil and gas markets?
Eni, BP finalise deal to form independent joint venture Azule Energy, combining all their Angola businesses
Eni and BP have finalised an agreement first announced in May 2021 to form an independent joint venture in Angola that will combine all of the Italian and British energy majors’ businesses in the African country.
Guyana’s attorney general defends government’s support for oil development
Guyanese Attorney General Anil Nandall has spoken in favour of the government’s economic agenda in response to criticism from several NGOs that have raised objections to Georgetown’s promotion of upstream oil development.
Minister: Jamaica has enough oil and fuel in storage to weather high prices
Jamaica’s Minister of Science, Energy, and Technology Daryl Vaz sought last week to provide assurances that the country has sufficient fuel reserves as oil prices rise following Russia's invasion of Ukraine.
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