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Developed world countries gave developing countries more than $100bn to tackle climate change for the first time in 2022

Developed countries provided $115.9bn in climate finance to developing nations in 2022, exceeding the $100bn annual commitment for the first time, according to data from the OECD.

MACRO ADVISORY: Moscow is playing a long gas game

The Kremlin has now switched its attention to the gas market. It wants to replace the almost lost European market with new customers in Asia and to diversify the export infrastructure with both new pipeline routes and LNG.

Zelenskiy launches biomethane market in Ukraine, aims to attract international investment

President Volodymyr Zelenskiy inaugurated Ukraine's biomethane market, a move that could see Ukraine exporting 22 bcm of it to cover 20% of the EU’s needs.

LatAmOil: BP, Shell and EOG bid in Trinidad and Tobago’s oil and gas auction

Details uncovered on continued Azerbaijani oil exports to Israel via Turkey

Crude arrives for shipping across Mediterranean on BP-operated pipeline. Deliveries apparently uninterrupted despite Ankara’s “Gaza” trade boycott on Israelis.

Uzbek electricity deficit on horizon partly explains Tashkent’s agreement to Russian nuclear, other energy deals

GLNG: Cape of Good Hope emerges as top route for US LNG cargoes to Asia

Poland, Russia strike deal on continued Kazakh oil transit to Germany

Pipeline operators in Poland and Russia have reached an agreement that will enable transit of oil from Kazakhstan to continue to Germany.

Energo: Russia to build six “mini nuke” reactors in Uzbekistan, officials announce during Putin visit

Russia to build six “mini nuke” reactors in Uzbekistan, officials announce during Putin visit

Ambition is to deliver Central Asia’s first nuclear power plant. Russian leader attempting to firm up relations with Tashkent as "strategic partner and reliable ally".

FSUOGM: Russia says Power of Siberia 2 deal with China will be signed "in near future"

AsianOil: Pavilion Energy, bp Singapore agree long-term LNG supply deal to power city state

EurOil: OMV warns Russia could cut off its gas supply

Ruvuma JV receives 25-year development licence for Ntorya gas discovery in Tanzania

AfrElec: South Africa’s NCOP passes electricity regulation bill ending Eskom’s monopoly

AfrOil: Benin approves Niger’s first export of crude oil

Romanian fuel distribution company JP Grup Oil to launch Bucharest IPO

JP Grup Oil seeks to raise €11mn-13mn in latest of a series of IPOs on Bucharest Stock Exchange this year.

Chinese companies eye yet another Zimbabwean lithium asset, Sandawana

AsiaElec: India’s GAIL inaugurates first 10-MW green hydrogen plant

DMEA: Saudi Arabia and China set to increase cooperation on energy transition

Slovenia turns back to Algerian gas after flirtation with Russian supplies

Slovenia used to get 30% of its gas from Algeria via Italy, then opted to rely on Russia. Now Ljubljana is scrambling to diversify.

REM: This summer’s hurricane season will likely be dangerous

This summer’s hurricane season will likely be dangerous

The 2024 Atlantic hurricane season is expected to be highly active, according to early projections. The season starts on June 1.

MEOG: Aramco makes offshore oil award

PANNIER: Russia is pushing Turkmenistan out of the natural gas market

Moscow’s moves to take over Central Asian pipeline capacity for deliveries to China might explain unusual urgency in the Turkmen search for new customers.