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Ethiopia set to inaugurate $4bn mega-dam as Egypt, Sudan renew strong objections
Ethiopia is preparing for a true "watershed moment", with plans to officially inaugurate its $4bn Grand Ethiopian Renaissance Dam (GERD) on September 9, just ahead of the start of the Ethiopian New Year and the end of the rainy season.
Canada considers LNG export terminal in Saint John
New Brunswick’s Minister of Natural Resources is touting the eastern province for an LNG export terminal.
Second Russian LNG tanker arrives in Chinese port defying sanctions
A second vessel transporting LNG from Russia’s sanctioned Arctic LNG 2 terminal has docked at a Chinese port.
Power of Siberia 2 gas pipeline deal with China to cut Russian domestic supplies
Completing the Power of Siberia 2 (POS2) gas pipeline linking China to Russia’s Yamal gas fields may reduce the amount of gas available to the domestic market, Russian Energy Minister Sergey Tsivilev said during the Eastern Economic Forum.
COMMENT: Potential sanctions on Russian oil keeps price outlook uncertain
The ongoing Ukraine war ceasefire talks and the potential for new and even more extreme sanctions on Russian oil exports is keeping the outlook for the price of oil uncertain, Oxford Economics said in a note.
Nigeria targets 32% rise in daily gas output by 2030, minister says
Nigeria aims to produce 10bn standard cubic feet of gas per day (BSCFD) by 2030, Finance Minister Wale Edun confirmed during a meeting with Nigeria LNG (NLNG) executives in Abuja to discuss related investment, reform and supply challenges.
Vietnam’s long-term energy future to see nuclear and renewables do some heavy lifting
Party General Secretary Tô Lâm on August 20 laid out the Politburo’s strategy for national energy security to 2030 in a resolution, with ambitions stretching to 2045.
Dual-listed Invictus Energy seals petroleum production sharing deal with Zimbabwe over huge gas find
Zimbabwe's government has officially granted National Project Status to ASX- and VFEX-listed gas explorer Invictus Energy's Cabora Bassa Project, situated in the north of the country.
Plains to buy 55% in EPIC Crude for $1.6bn
A subsidiary of Plains All American Pipeline and Plains GP Holdings has agreed to buy a 55% non-operated stake in EPIC Crude Holdings from Diamondback Energy and Kinetik Holdings for around $1.57bn.
EQT to buy LNG from Rio Grande Train 5
US gas producer EQT announced on September 3 that it had agreed to buy LNG from the proposed fifth train at NextDecade’s Rio Grande LNG.
Uzbek leader wants to expand nuclear cooperation with China
Is Tashkent putting together a backup plan in case Rosatom can’t fulfil its obligations?
Guyana's ruling party declares victory in general election
Guyana's President Irfaan Ali has declared victory in the country's general and regional elections, with preliminary results showing his People's Progressive Party securing a commanding lead over opposition parties.
Tajikistan’s glaciers are disappearing
Tajikistan’s glaciers are retreating at an alarming rate, with over 1,000 already gone completely and dozens more under threat, according to a new Atlas of Environmental Change published by the United Nations Environment Programme (UNEP).
Chevron, ANPG sign agreement to explore for oil offshore Angola
US oil and gas giant Chevron has signed a preliminary agreement with the National Oil, Gas & Biofuels Agency (ANPG), Angola’s oil and gas concessionaire and upstream regulator, to explore for oil in the offshore Block 33/24.
Cameroon aims to restart dormant Limbe refinery
Cameroon’s state-owned National Refining Company Ltd. (Sonara) is working on restarting its 42,000 barrel per day (bpd) Limbe refinery in December 2027, bringing it back online after it had been lying dormant since a fire occurred in 2019.
Snowfall shortages destabilising some of world’s last resilient glaciers, expedition in Tajikistan shows
Scientific team unable to yet say whether the “water towers” have reached “point of no return”.
Nigeria’s Dangote refinery buys crude from Ghana
Nigeria’s 650,000 barrel per day (bpd) Dangote refinery has moved to obtain crude oil from Ghana as part of efforts to diversify its feedstock sources, according to The Guardian.
Cabinda refinery set to boost Angola’s fuel production by year-end
Angola’s President João Lourenço on September 1 inaugurated the first phase of the Cabinda refinery, the country’s first refinery to be built in almost 50 years.
Russia inks Power of Siberia 2 pipeline memorandum with China and Mongolia
Russia has signed a "legally binding memorandum" on the construction of a gas pipeline to China, Power of Siberia 2, though few details on pricing and timing were given.
Slovakia's PM Fico says he wants standard relations with Russia following his meeting with Putin
Slovakia’s Prime Minister Robert Fico said he wants standard relations with Russia following his meeting with Russian Vladimir Putin in Beijing. Fico stated he spent nearly an hour in private talks with Putin.
Kuwait pushes ahead on oil expansion with fresh wave of contracts
Kuwait is advancing its ambitious oil sector expansion programme, awarding a raft of new contracts
Serbia pushes for gas deal in Beijing meeting with Putin
Russia remains a key supplier of energy to Serbia and an ally in Belgrade’s dispute with Kosovo, despite strains in their relationship over the war in Ukraine.
Russian petrochem major Sibur eyes $400mn bond sale, IPO still on the cards
Russian petrochemical major Sibur opened the order book on August 28 for its new five-year US dollar-denominated bonds series 1R-08 with a fixed monthly coupon and a volume of up to $400mn, according to Cbonds.
Solar overtakes gas to become Hungary’s second largest source of energy - OWID
A decade ago, solar power was almost non-existent in Hungary. It generated just 0.2% of the country’s electricity. Nuclear, coal, and gas dominated the grid, Our World in Data (OWID) reports.
Venture Global nears producing LNG from all blocks at Plaquemines plant
US LNG giant Venture Global could be producing LNG shortly from all the blocks at its massive Plaquemines facility.
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