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EurOil: Germany strikes gas pipeline deal with Algeria
AsianOil: China's balancing of Russian and Central Asian gas
Hydrogen production and demand to grow in 2024, but only slowly
Hydrogen production and use are expected to grow in 2024, but it remains very expensive to produce and transport, making progress slow.
Oil and gas companies to invest over $1 trillion in the next decade expanding production
A report from climate campaign group Global Witness reveals that the fossil fuel sector is anticipated to allocate more than $1 trillion worldwide over the next decade for the expansion of natural gas production.
LatAmOil: Pertamina ventures into Venezuela’s Maracaibo basin
AfrOil: India’s OIL eyes return to Libya
AsiaElec: Indian oil & gas giant forms JV to increase offshore wind
MEOG: TBNC to boost gas output
DMEA: Al-Zour refinery reaches full capacity
AfrElec: Scatec and partners launch renewable energy platform for South Africa’s private sector
Massive hydrogen reservoir discovered under chromium mine in Albania
The reservoir beneath the Bulqizë mine is estimated to hold as much as 55,000 tonnes of hydrogen.
Russia's oil revenues in January higher than from before the war
Russia’s budget earned more money from oil taxes in January 2024 than it did in January 2023, Ministry of Finance (MinFin) reported on February 7.
Uzbekistan: Car buyers turning to foreign brands
China’s automakers are easily dominating market share for imports. Almost 80% of foreign-bought vehicles arrived from there in 2023.
Earth has already passed 1.5 degrees warming, says study
The Earth may have passed 1.5 degrees Celsius of warming and in fact could soon reach 2 degrees, say international researchers who studied 300-year-old sea sponges in the Caribbean.
OFAC “smart sanctions” target turbine lubricants and additives in an effort to stop Russian military production
Two days before Christmas the US Treasury’s Office of Foreign Assets Control (OFAC) quietly released new sanctions on an esoteric product group: turbine lubricants. But these "smart sanctions" could bring Russian industry to a standstill.
Energo: OFAC “smart sanctions” target turbine lubricants and additives in an effort to stop Russian military production
PANNIER: Response to Bishkek thermal power plant explosion lifts lid on Central Asia relations
And what’s seen is quite encouraging.
EurOil: UK awards more oil and gas licences
AsianOil: Russia's oil tankers stranded in South Korea amidst US sanctions and payment woes
Orlen sold Lotos assets for at least €1.15bn below market value, state auditor says
Warsaw-listed fuels and energy giant Orlen sold assets of peer Lotos PLN5bn (€1.15bn) below their market value, according to a report by the state audit body NIK.
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