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Forest carbon credits are facing a reckoning over albedo risks
Planting trees should reduce the amount of CO₂ in the atmosphere right? Well, its not so easy as that. Trees also provide shade and prevent sunlight from reaching the ground that could reflect it back into space, cooling the plant.
Taiwan’s vote to switch on nuclear power falls short
A total of 4.34mn (74.2%) people supported restarting the Third Nuclear Power Plant, compared with the 1.51mn (25.8%) who opposed, but the vote required at least a quarter of all eligible citizens (5mn) in favour to pass.
Oman’s OQEP ramps up development at key assets
Oman’s OQEP is intensifying development across its upstream portfolio
India reaches green energy milestone, but long decarbonization journey persists
India has taken a key step forward in its journey towards net-zero with the country now getting over half of its energy from non-fossil fuels.
Brazil kicks-off first bio-LNG project with China’s Furui
Chinese LNG services provider Furui launched Brazil’s first bio-LNG project holding a kick-off meeting with Brazilian executives from a leading agricultural company.
Bahamas picks Nikkiso to provide regasification system for LNG-to-power project
US clean energy firm Nikkiso has be awarded a contract to offer LNG regasification equipment to Bahamas’ New Providence Gas Project.
Nigeria LNG signs handful of 20-year supply deals
Nigeria LNG (NLNG) has signed 20-year supply contracts with state-run Nigeria National Petroleum Company (NNPC), Shell, Oando Group, First E&P, and Aradel Holdings.
Bangladesh’s rooftop solar ambitions face tight deadlines and systemic challenges
Bangladesh’s ambitious target of adding 3,000 megawatts (MW) of rooftop solar capacity by December 2025 risks falling short due to technical, financial and institutional hurdles, according to a new report
South Africa's ports authority, energy regulator ink 10-year deal to promote sustainable energy supply
South Africa's Transnet National Ports Authority (TNPA) and the National Energy Regulator of South Africa (NERSA) have signed a 10-year agreement to deepen collaboration in promoting sustainable energy supply and infrastructure development nationwide
EU faces worst wildfire season on record as over 1mn hectares burn
The European Union is enduring its most severe wildfire season since records began, with more than 1.01mn hectares of land scorched so far this year,
Trump policies wipe out $19bn in US renewables projects putting China in the lead to dominate the AI race
Donald Trump’s rollback of clean energy incentives has derailed nearly $19bn worth of renewable energy projects this year, raising concerns over the US’s ability to meet soaring power demand from the artificial intelligence boom.
Ukraine hits Russia’s Druzhba oil pipeline again with drones
Ukraine has carried out another strike on the Druzhba oil pipeline, hitting the Unecha oil pumping station in the latest of a series of incidents targeting the Soviet-era pipeline.
Falling Caspian Sea levels hit Azerbaijan’s oil shipments
Rapid declines in the level of the Caspian Sea are disrupting oil shipments, increasing logistics costs and endangering vulnerable marine life, Azerbaijani officials and scientists said.
Taiwan’s solar revolution faces persistent challenges
Analysts see national projections as doubtful at best given finite land resources, societal friction and the levels of corruption at the local level to get projects started.
Serbia in talks with Russia on long-term gas deal
Energy Minister Dubravka Dedovic Handanovic says Serbia is in advanced negotiations with Russian energy giant Gazprom.
US Treasury sanctions Iranian oil exports and shadow fleet operations
US Treasury sanctions 13 entities, eight vessels and one individual involved in Iranian oil shadow fleet operations whilst removing four Belarus-related designations from sanctions list.
Uganda signs $4bn oil refinery deal with UAE's Alpha MBM Investments
Uganda has finalised an agreement with UAE-based Alpha MBM Investments LLC to develop a 60,000-bpd crude oil refinery in Kabaale. The $4bn project is expected to begin construction later this year and could be operational within three years.
Jordan launches first CNG refuelling station powered by Risha field
Jordan inaugurated its first independent compressed natural gas (CNG) refuelling station for buses, trucks and other vehicles, in what officials described as a major step to expand natural gas use domestically and reduce energy costs.
Centrica signs gas deal with Devon
Centrica Energy has entered into a natural gas sale and purchase agreement with US shale producer Devon Energy.
PetroVietnam ready to start thermal power project construction
The O Mon 4 plant forms part of the wider Block B–O Mon gas-to-power project, a strategic initiative designed to tap domestic offshore gas reserves for electricity generation.
Talos announces Daenerys discovery in US Gulf
Talos Energy has discovered hydrocarbons at the Daenerys exploration well in the US Gulf of Mexico.
Ukrainian drone strikes on Russian refineries drive up petrol prices, shortages looming
Russian wholesale gasoline prices are soaring to record levels following a series of Ukrainian drone strikes on critical refinery infrastructure. Analysts warn that Russia is facing fuel shortages in the coming weeks, Meduza reported on August 21.
India’s renewables potential blossoms in its northern states
While much attention has traditionally focused on populous coastal and southern regions of India, the nation’s lesser-known northern states conceal a remarkable, yet under-appreciated, opportunity.
Nigerian oil and gas firms expand abroad as Western majors retreat from onshore fields
Nigeria’s oil and gas industry is undergoing a shift as major international oil companies (IOCs) retreat from riskier onshore and shallow-water operations to focus on deep offshore developments.
Energy firms Eni and Apache plan gas output boost in Egypt
Italy's Eni aims to produce around 120mn cubic feet per day of natural gas from two new wells at Egypt’s Zohr field in the Mediterranean by November. US-based Apache Corp. plans to boost its natural gas production in Egypt.
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