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Trump to reinstate Chevron's Venezuela licence
President Donald Trump’s administration is to reinstate Chevron’s licence to operate in Venezuela, authorising the US oil major to resume crude production in its joint ventures alongside state-run PDVSA, according to the WSJ.
ICJ declares healthy environment is a human right in landmark climate ruling
The International Court of Justice (ICJ) has issued a historic advisory opinion recognising a clean and sustainable environment as a human right, declaring that states which fail to curb emissions may be in violation of international law.
Serbia seeks 180-day extension of US sanctions waiver for NIS
Belgrade has argued that sanctions on NIS would jeopardise energy supply across the Balkans and worsen Serbia's economic outlook.
TotalEnergies announces start of production for two offshore projects in Angola
French supermajor TotalEnergies has announced the start of production from BEGONIA and CLOV Phase 3 projects offshore Angola. The projects connect to existing facilities, adding a total of 60,000 barrels per day (bpd) of production.
Earth overshoot day is already long past – Statista
July 24 marks this year's Earth Overshoot Day, the day that humanity’s demand for ecological resources exceeds the resources Earth can regenerate within that year, Statista reports. That day has already long passed.
South Africa’s utility Eskom ordered to pay over $55mn to Framatome in Koeberg NPP dispute
South Africa’s state-owned power utility Eskom has been ordered by the Western Cape High Court to pay nearly ZAR1bn ($55mn) to French company Framatome over delays in replacing steam generators at the Koeberg nuclear power plant.
Cenovus reportedly preparing competing offer for MEG Energy
Canadian oil sands producer Cenovus Energy is reportedly preparing a bid for fellow oil sands player MEG Energy.
ConocoPhillips reportedly close to $1.3bn sale of Oklahoma assets
ConocoPhillips is reportedly in advanced talks to sell assets in Oklahoma to privately owned Stone Ridge Energy for around $1.3bn.
India's Reliance Industries gets ready for the worst
India’s Reliance Industries Ltd. is facing renewed scrutiny over its crude procurement practices following the European Union’s latest round of sanctions targeting diesel derived from Russian oil
Ten workers perish battling wildfires in Turkey
Minister says personnel became “trapped inside” a blaze after a change in the direction of the wind.
Hungary holds trilateral talks on construction of new oil pipeline to Serbia with Russia
Hungary and Serbia are moving ahead with plans to build a new cross-border oil pipeline that could transport up to 5mn tonnes per year of crude, as both countries deepen energy ties with Russia despite EU sanctions.
€1bn EU energy crisis aid in Western Balkans largely untraceable, watchdog says
CEE Bankwatch research reveals only €163.1mn of €1bn spent could be clearly linked to advancing the Green Agenda.
Zambia inks deal for construction of a $1bn crude oil refinery
Refinery and cassava cultivation and processing deals Zambia's IDC signed with Chinese corporations amount to over $2bn.
Reconnaissance Energy Africa provides update on Kavango 1X exploration prospect in Namibia
Canadian oil and gas company Reconnaissance Energy Africa (ReconAfrica) has provided an operational update on the Kavango West 1X exploration prospect in Namibia.
Mexico Pacific requests DoE for 7-year extension for Saguaro Energia LNG plant
Mexico Pacific Limited has filed an application for a seven-year extension of the export deadline for its Saguaro Energia LNG plant with the US Department of Energy.
Saudi crude exports continue to increase
Crude exports from Saudi Arabia reached their highest point in May compared to the preceding three months, according to a Reuters report citing data released by the Joint Organizations Data Initiative (JODI) on July 21.
Fossil fuels lose ground as renewables lead on cost – but infrastructure and financing risks loom
The global energy system is reaching a defining moment as renewable power continues to undercut fossil fuels in price, scale, and resilience.
World has less than three years to avert worst climate impacts, scientists warn
A new global climate report warns that the world is on the brink of irreversible damage. The findings come amid sluggish international action ahead of COP30.
Extreme heat to hit Istanbul, residents urged “stay indoors”
Holiday favourite Antalya also struggling with 40°C-45°C heatwave temperatures that could smash records.
Fire occurs as Iran’s Abadan refinery
The Iranian oil ministry’s news agency Shana reported on July 19 that the country’s 500,000 barrel per day (bpd) Abadan refinery had suffered a fire, with one of the plant’s employees passing away before the blaze was contained.
Tanzania to launch $1.2bn uranium mining project led by unit of Russian nuclear energy group Rosatom
Tanzania is set to begin uranium mining in Namtumbo following the near-completion of a pilot smelting facility. The $1.2bn project is led by Mantra Tanzania Limited, a subsidiary of Uranium One Group under Russian state nuclear energy firm Rosatom.
Peru inaugurates 252 MW San Martín solar plant, its largest PV project to date
The government of Peru has formally commissioned the San Martín Solar photovoltaic facility, a 252.4 MWac plant located in La Joya, Arequipa, operated by Spanish firm Zelestra.
Serbia and Hungary advance plans for joint oil pipeline by 2027
Planned 128-kilometre pipeline will link Serbia to the Druzhba pipeline network via Hungary.
Resalta acquires Statkraft's Croatian renewable energy business
Slovenia-based Resalta says it aims to support Croatia’s efforts to develop sustainable and reliable energy systems aligned with European climate goals.
Iran plans to boost renewable power capacity 15-fold by 2028
Energy Minister Abbas Aliabadi says the government will do its utmost to scale up the country’s green energy capacity to 30,000 MW by August 2028.
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