Free Top Stories

Afghanistan pays electricity debts to Uzbekistan but still owes Tajikistan

3 August 2022

Both have long-duration electricity supply agreements signed before the Taliban returned to power.

EU gas imports from Russia in charts

2 August 2022

The Bruegel think-tank has published a set of interactive charts that show very clearly how Russian gas imports to Europe this year are well below the historical average.

AsianOil: CNOOC reports commercial flows from offshore shale well

2 August 2022

China National Offshore Oil Corp. (CNOOC) has achieved commercial flows of oil and gas from an offshore shale well in the South China Sea. This marks the first successful offshore shale well for China.

LatAmOil: ExxonMobil makes two new finds at Stabroek

1 August 2022

US-based ExxonMobil has made two finds at the Stabroek block offshore Guyana, bringing the total number of discoveries made at the licence area this year up to seven.

AfrOil: Eni, Sonatrach strike oil in North Berkine basin

1 August 2022

Italy’s Eni and its Algerian partner Sonatrach have made a new hydrocarbon discovery in Rhourde Oulad Djemaa Ouest-1 (RODW-1), an exploration well drilled in the Berkine North basin.

EVs in Uzbekistan bring problems and prospects

28 July 2022

Number of imports up dramatically, but most market players doing little by way of providing electric vehicle servicing and infrastructure. That needs to change.

Uzbekistan: Electricity grid strained by heat

28 July 2022

Demand has surged as the population turns to air conditioners and refrigeration equipment to keep cool.

Russian gas revenues slump 40% m/m in June amid Gazprom supply cuts

28 July 2022

Russia saw its revenues from natural gas exports slump 40% month on month in June, highlighting the self-inflicting damage that Gazprom’s recent cuts in gas supply to Europe are doing to Moscow’s coffers.

European gas exceeds $2,200/1,000 cubic metres for the first time since March

28 July 2022

Dutch TTF hub gas prices rose to €202/MWh, or c$2,200 per 1,000 cubic metres, on July 26, as flows from Russia’s Nord Stream pipeline were curtailed from 67 mcm per day at the beginning of the week towards a stated target of 33 mcm per day.

Off-the-scale wildfire devastates Czech Republic’s Bohemian Switzerland National Park

28 July 2022

Hundreds of firefighters have for five days battled worst fire in country’s modern history.

Ukraine’s Naftogaz faces default on $335mn bond payment

26 July 2022

Naftogaz failed to persuade enough of its bondholders to accept a two-year freeze on payments at the eleventh hour and the government refused the company permission to make good on its obligations.

EU clinches deal on 15% cut in gas consumption from next month

26 July 2022

EU member states have agreed to back the European Commission’s proposal to implement a 15% cut in gas consumption starting next month, but the agreement includes some concessions to those countries that had voiced opposition to the measure.