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AfrOil: TotalEnergies said to be heading for a big discovery offshore Namibia

Early reports indicate that TotalEnergies (France) has made a major discovery at Venus-1x, its wildcat exploration well at the PEL 56 licence area offshore Namibia.

Argentinian court orders YPF, Shell, Equinor to put offshore seismic survey plans on hold

An Argentinian court has blocked YPF and its partners from moving ahead with seismic surveys at offshore blocks located off the coast of Mar del Plata.

Brazilian gas executives say lack of access to pipelines, processing facilities is slowing reforms

Executives from several Brazilian companies said last week that natural gas reforms were running into challenges because of questions about access to pipelines and processing facilities.

Iran needs to decide within days whether to accept revised nuclear deal says France

Tehran’s chief negotiator says “we are closer than ever to agreement”. But Iranian top diplomat proposes US Congress issues statement to UN stating Washington’s abiding commitment to a restarted JCPOA.

Slovenske Elektrarne reaches deal with government to avert windfall tax

Partly state-owned power company agrees to supply electricity to households at prices significantly lower than the current market prices until 2024.

Slovenia records biggest drop in CO2 emissions in EU in 3Q21

Despite the effect of the economic rebound between the third quarters of 2020 and 2021, the long-term trend of EU greenhouse gas emissions displays a steady reduction towards the EU targets.

Central Europe still remains tied to Russia's gas pipeline network

But states have made big efforts to reduce their dependence on Russian gas, by accessing other producers via new pipelines and LNG terminals.

EurOil: European gas prices bullish amid invasion warnings

FSUOGM: Rosneft profits hit record on high prices

GLNG: China seeks greater global LNG trading role

China is reportedly working to establish itself as a major player in global LNG trading. The move comes around 20 years after the country made a similar push into oil trading.

NorthAmOil: Alberta reportedly planning to toughen oil sands emissions standards

The provincial government of Alberta is reportedly planning to toughen its greenhouse gas (GHG) emissions standards for oil sands mines.

AsiaElec: Sapura Energy issues termination notice to Yunneng Wind Power

Malaysia’s Sapura Energy has issued a termination notice to Yunneng Wind Power for a contract for the transportation and installation of monopiles at the Yunlin offshore wind farm in Taiwan.

AsianOil: ConocoPhillips Sarawak contracts jack-up rig for Malaysian drilling campaign

Units of US independent ConocoPhillips have contracted Icon Offshore to provide a jack-up rig for a multi-well drilling campaign offshore Malaysia that is due to start in the second quarter of this year.

DMEA: Karbala progresses, Sapref shuts

LatAmOil: ExxonMobil brings second oilfield on stream offshore Guyana

ExxonMobil (US) and its partners launched commercial operations at the Liza-2 oilfield offshore Guyana on February 11, marking the start of their second development project at the Stabroek block.

AfrOil: TotalEnergies CEO qualifies statements on Mozambique LNG restart

Patrick Pouyanné, the CEO of TotalEnergies (France), has qualified his recent statements about the possibility that work on the Mozambique LNG project may resume before the end of this year.

Kyrgyzstan struggling to refill Toktogul reservoir

The hydropower facility is the source of 40% of Kyrgyzstan’s electricity.

ENERGO: Russian government to launch "green" certificates trading

MEOG: PIF picks up Aramco shares

REM: Eni completes purchase of 20% of 1.2-GW Dogger Bank C offshore wind farm

Eni has completed agreements to purchase of 20% of 1.2 GW Dogger Bank C offshore wind farm

ExxonMobil launches production at Liza-2

ExxonMobil (US) and its partners launched commercial operations at the Liza-2 oilfield offshore Guyana on February 11, marking the start of their second development project at the Stabroek block.

AfrElec: NORAD commits $56mn grant to African Trade Insurance Agency

The Norwegian Agency for Development Cooperation (NORAD) has committed a $56mn grant to the Nairobi-based African Trade Insurance Agency (ATI) for a period of five years

Udokan Copper to cut emissions by 75% by 2035

Russian metallurgical company Udokan Copper announced on February 9 that it may reduce its carbon footprint by up to 75% by 2035.

Chevron reportedly in talks with PdVSA

Chevron has reportedly entered into talks with Venezuela’s national oil company PdVSA over the US major’s aim to gain more control over its upstream assets in the South American state.

Liza Unity hook-up nearly complete

ExxonMobil (US) and its partners have nearly finished hook-up procedures for the Liza Unity, the FPSO that will support development operations at Liza-2, an oilfield at the Stabroek block offshore Guyana.