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High European gas prices don’t erase Trinidad and Tobago’s challenges
Trinidad and Tobago's ability to benefit from current European market conditions is constrained by questions about gas supply, production decline and the fate of Atlantic LNG.
Romania’s government to speed up major natural gas projects
Bucharest will try to speed up development of the offshore Neptun Deep and the onshore deep Caragele field that together would cover Romania’s gas consumption for up to ten years.
REM: Matrix secures 4.6-GW US solar deal
FSUOGM: Russian oil and gas revenues dip in August
EurOil: Shell CEO to step down at year-end
AfrElec: Eskom announces launch of three programmes to procure 1,000 MW power for national grid
ING: Energy price caps are appealing, but are not without risks
On 14 September 2022, Ursula von der Leyen, President of the European Commission, announced in her State of the Union speech a set of proposals to mitigate the impact of high energy prices.
GLNG: Germany aims to sign LNG supply deals with UAE
LatAmOil: Trinidad and Tobago’s PM seeks more leverage over gas strategy
Keith Rowley, the prime minister of Trinidad and Tobago, wants his country’s government to have more say in decisions about exploration, production and development strategies in the natural gas sector.
DMEA: Iran offers to complete gas pipeline to Pakistan
Mohammed Ali Hosseini, the Iranian ambassador to Pakistan, says Tehran is prepared to complete a natural gas pipeline to neighbouring Pakistan as part of a wider effort to expand ties in the energy sector.
AfrOil: UNOC sees EACOP financing wrapped up soon
A representative of Uganda National Oil Co. (UNOC) has said that the East Africa Crude Oil Pipeline (EACOP) consortium expects to wrap up arrangements for funding its $4bn project by the end of November.
NorthAmOil: Tamarack Valley to become largest Clearwater producer with Deltastream acquisition
Tamarack Valley Energy has agreed to acquire privately held Deltastream Energy for CAD1.43bn ($1.07bn).
MEOG: Iraq to begin offshore search
Croatia’s PM to fire INA managers if they refuse to resign over corruption scandal
Standoff between government and management at Croatian oil and gas company after large-scale embezzlement.
Could Mongolia host a China-Russia oil pipeline?
Russia proudly unveiled plans in 2019 to build a second natural gas pipeline to China, this time traversing Mongolia. As the EU drives to sever all energy ties with Russia, Moscow now appears to be pushing for an oil pipeline too.
AsiaElec: Chinese coal plant construction to increase
Putin in SCO meeting with Berdimuhamedov says Russia aims to diversify economic ties with Turkmenistan
Nuclear power's share dropped to record low in OECD, but solar jumped to record highs thanks to hot summer
Germany’s decision to take its nuclear power plants offline, coupled with production problems with France’s NPPs, saw the share of nuclear power in the OECD countries year to date fall to its lowest level ever, but solar boomed.
Amid global energy crisis Balkan states reach out to energy-rich Azerbaijan
With the deepening energy crisis in the West triggered by Russia's intervention in Ukraine, European countries including Bulgaria and Serbia are eyeing alternative suppliers for additional natural gas volumes.
AfrElec: Saudi ACWA Power announces plans to expand into Moroccan market
ENERGO: Czechia to support businesses struggling with energy bills, but national windfall tax proposal shelved
LONG READ: Can Europe keep the lights on this winter?
Europe faces a major energy crisis this winter that will test the continent’s power supply systems to the limit. The EU wants to reach zero emissions by 2050, but power plant decommissioning has exposed the bloc to Russian gas blackmail.
EU proposes €140bn windfall tax on non-gas energy
Under the windfall tax plan, companies would be required to hand over their excess profits over a cap of €180/MWh.
Poland to freeze electricity price for households up to 2,000 kWh consumption
Like its neighbours, Poland is facing an energy crisis in 2023 because of the expected huge hikes in electricity and heat prices.
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