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LatAmOil: Guyana says GTP project is attracting strong interest
The Guyanese government’s request for expressions of interest in a $900mn gas-to-power project is attracting strong interest, according to Natural Resources Minister Vickram Bharrat.
GLNG: Prelude FLNG operations suspended following fire
Royal Dutch Shell suspended operations at its Prelude floating LNG facility offshore Western Australia after a fire broke out on the vessel last week.
FSUOGM: Rosneft looks at wind solution for Vostok Oil
EurOil: Cambo up in the air
DMEA: Borouge contracts awarded
AsianOil: Santos-Oil Search merger clears more hurdles
The proposed merger between Santos and Oil Search is closer to reality after receiving approval from Papua New Guinea’s (PNG) Securities Commission. In the same week, over 95% of Oil Search shareholders voted in favour of the merger.
AfrOil: AGS will soon launch 3D seismic study of Ruvuma
Africa Geophysical Services (AGS) of Oman is reportedly on track to launch the first phase of a 3D seismic survey programme at the Ruvuma block in southern Tanzania in mid-December.
Iran nuclear talks might be heading towards “coma option”
Analyst says it might suit all sides to agree outcome in which JCPOA “would all but die”, with the parties to then pretend it was still alive to avoid crisis its official death would spur.
EC backs strategic gas storage reserve to hedge against future gas shortages
Europe will create its own strategic gas reserves in order to hedge against future gas shortages, European Energy Commissioner Kadri Simson said at a press conference on December 3.
Montenegro to probe wind farm deal linked to murdered Maltese journalist
Offshore company investigated by Caruana Galizia prior to her murder was reportedly involved in the Mozura wing park deal.
IHS Markit: Jove Marine drilling project could confirm Gabon’s offshore pre-salt potential
The outcome of a drilling project at the Jove Marine section of Block F13 offshore Gabon could provide help confirm the potential of pre-salt areas within the deepwater sections of the Lower Congo basin, according to IHS Markit.
Impasse could collapse nuclear deal talks next week
Europe claims Iran has walked back diplomatic progress. US says Tehran has no “constructive proposals”. Iran insists its demands are in line with the 2015 agreement.
Russian petrochemical giant Sibur strengthens ESG targets
Sibur, one of the world’s largest petrochemical companies, has set more ambitious ESG targets over the next five years, including in recycling, low-carbon products and energy use.
New American company seeks to realise Trans-Caspian pipe dream
The new proposal’s modest scope, and new diplomatic developments, could finally make the pipeline feasible.
Eco (Atlantic) Oil & Gas touts prospects for light oil find at Orinduik
UK-based Eco (Atlantic) Oil & Gas is optimistic about the prospects for a major discovery at the Orinduik block offshore Guyana, noting that the eastern section of the site is very close to ExxonMobil's Liza oilfield.
AsiaElec: China unveils initial methane emissions control plans
China has said it will examine how to control methane emissions in major sectors of the economy as it builds on its COP26 promises to limit methane.
1.5°C remains elusive
EU challenges China’s Belt and Road with €300bn Global Gateway
Bloc’s giant investment offer may appeal to countries worried by Chinese “debt-trap diplomacy”. Beijing warns against geopoliticising infrastructure.
Russia's $6.5 trillion decarbonising plan will launch next year
Russia is revving up to launch a four-decade-long, RUB89 trillion ($1.2 trillion) investment campaign to reduce carbon emissions by 60% before 2050 from 2019 levels.
REM: Brazil is making strides in wind power
Brazil is already the world’s seventh ranked country globally for wind power projects – and it is making even more strides to increase its installed capacity.
Nigeria faces obstacles to removal of PMS subsidy
Abuja’s plan to eliminate gasoline price supports has drawn criticism from labour groups and questions from legislators and business leaders.
Montenegro’s biggest industrial plant KAP to halt production amid surging electricity prices
Montenegrin power company EPCG plans to hike the price it charges for electricity from January in line with rising prices on international markets.
COMMENT: Russia coal mine explosion also highlights environmental tragedy
A methane explosion killed 52 people at a coal mine in Siberia on November 25 – the worst accident in a decade. But coal mine methane has a profound impact on the environment too. But fixing the problem could generate hundreds of millions of dollars.
Kenya dismisses rumours on LAPSSET land acquisition, says surveys will begin soon
Kenya’s government is seeking to deny reports that it has already begun the process of land acquisition in Turkana County for the Lokichar-Lamu Crude Oil Pipeline (LLCOP) project, a component of the LAPSSET initiative.
Turkmenistan: Door to Hell slammed shut
As hopes for an Afghanistan gas pipeline fade again, there is more upbeat news to the west.
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