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Commercial activity in Turkey grinding to halt amid uncontrolled lira depreciation

23 November 2021

Collapse of currency pushing up prices of imported raw materials. Fertilizer and other producers sitting on output as they cannot determine how prices will develop.

Russia’s Gazprom threatens to cut Moldova’s gas off in 48 hours over unpaid bill

23 November 2021

Russia’s national gas company Gazprom warned the Moldovan government on November 22 it would cut off gas supplies unless an overdue payment for gas was settled within 48 hours.

bneGREEN: Russian metallurgical giants see growing demand for low-carbon metals

22 November 2021

Metals demand is booming as increased use in transport products and energy transition projects to curb climate change begin to roll out in larger scale. And that is unlikely to stop anytime soon.

Serbia looks to nuclear as it embarks on green transition

22 November 2021

Belgrade wants to increase energy security and is also exploring its options for reducing emissions.

Greece goes shopping for new defence relationships

21 November 2021

Greece is building new defence relationships with Israel, Egypt, France and the US.

ExxonMobil unit orders fourth FPSO for Stabroek

19 November 2021

EEPGL has contracted SBM Offshore to build a 250,000 bpd vessel that will be installed at Yellowtail, the fourth development target in Guyana’s offshore zone.

Scandal over delayed payments grows as Ukraine’s Guaranteed Buyer confirms payment delay of debt to DTEK Renewables

18 November 2021

Ukraine’s state-owned Guaranteed Buyer (GarPok) that is responsible for paying power producers confirmed on November 16 it had delayed settling its green power debt with DTEK Renewables.

Morocco’s gas supply woes

18 November 2021

Against the backdrop of tight gas markets in Europe, Morocco has lost access to gas from Algeria, its main supplier.

FPRI BMB Ukraine: Ukraine facing a potential energy crisis this winter

18 November 2021

The geopolitical conflict over energy, particularly gas with the impending (though temporarily suspended) certification of Nord Stream 2, is spilling over into the coal and electricity sector, putting Ukraine on the verge of a potential energy crisis

REM: GE’s new energy company will face a tough market as renewable energy booms

17 November 2021

When General Electric Co. spins off its power business in 2024, the US conglomerate’s renewable-energy business will attract investment because of its reputation – but it will also face a cutthroat market from European and Chinese competitors.

Sberbank extends additional $800mn in 7-year loans for Turkey's first nuclear plant

17 November 2021

Pace of construction said to have reached next level. But controversies at the building site have become a matter of everyday news for Turks.

ExxonMobil, SBM reportedly discussing fourth FPSO for Stabroek

16 November 2021

US-based ExxonMobil is reportedly in discussions with the Dutch contractor SBM Offshore on the construction of a fourth FPSO vessel for installation at the Stabroek block offshore Guyana.

LatAmOil: ExxonMobil, SBM discussing fourth FPSO for Stabroek

16 November 2021

US-based ExxonMobil is reportedly in discussions with the Dutch contractor SBM Offshore on the construction of a fourth FPSO vessel for installation at the Stabroek block offshore Guyana.

Russia strikes deal on Iran's multi-trillion dollar Chalous gas field as ‘final act securing control over European energy market’

16 November 2021

Tehran said to be expecting geopolitical payoff by giving up control of field that makes Iran holder of world’s biggest gas reserves.

AsianOil: Petronas signs raft of CCUS agreements

16 November 2021

Malaysia’s state-owned Petronas has signed a number of agreements this month with international partners that focus on developing carbon capture, utilisation and storage (CCUS) technology.

GLNG: Details disclosed of Cheniere’s LNG supply deal with France’s Engie

16 November 2021

Leading US LNG producer Cheniere Energy struck a deal to supply the super-chilled fuel to France’s Engie earlier this year, according to a letter to the US Department of Energy whose details have now been made public.

NorthAmOil: Freeport LNG announces CCS plan amid news of stake sale

16 November 2021

Freeport LNG Development has partnered with Talos Energy to jointly develop a carbon capture and storage (CCS) facility to serve the Freeport liquefaction terminal. Meanwhile, Global Infrastructure Partners (GIP) is selling its stake in the plant.

AfrOil: Shell, Equinor resume talks on Tanzania LNG project

16 November 2021

Tanzania’s Energy Minister January Makamba confirmed last week that his country’s government had resumed talks with several international oil companies on the Tanzania LNG project.