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Commercial activity in Turkey grinding to halt amid uncontrolled lira depreciation
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
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
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
Belgrade wants to increase energy security and is also exploring its options for reducing emissions.
Greece goes shopping for new defence relationships
Greece is building new defence relationships with Israel, Egypt, France and the US.
ExxonMobil unit orders fourth FPSO for Stabroek
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
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
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
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
ENERGO: Finland's Fortum to supply green energy to Uralkali
REM: GE’s new energy company will face a tough market as renewable energy booms
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.
Ardova buys Enyo, becomes Nigeria’s largest publicly listed indigenous downstream firm
Sberbank extends additional $800mn in 7-year loans for Turkey's first nuclear plant
Pace of construction said to have reached next level. But controversies at the building site have become a matter of everyday news for Turks.
AsiaElec: Southeast Asia & Pacific to benefit from COP26
ExxonMobil, SBM reportedly discussing fourth FPSO for Stabroek
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.
DMEA: Borouge expansion announced
MEOG: Eridu plans and Kuwait’s transition
LatAmOil: ExxonMobil, SBM discussing fourth FPSO for Stabroek
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’
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
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
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
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
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.
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