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Gabon seeks $1.3bn funding to buy Assala oil company ahead of France's Maurel & Prom
Biden suspends four LNG export licences to burnish his green credentials
The Biden administration has temporarily frozen approvals of all new licences for the export of US LNG to assess their environmental impact in a move that could disrupt global energy markets.
Russia’s Sibur switches to domestic market as local polymer demand rises
Sibur, Russia’s biggest producers of polymers and rubbers, said it boosted sales on the home market as demand for its output continued to rise across various sectors of the economy.
AsianOil: China becomes largest importer of Russian oil, surpassing Saudi Arabia in 2023
ENERGO: Russia firming plans for carbon taxes on industry
Kazakhstan to boost transit of Russian oil to Uzbekistan in 2024
KazTransOil, the state-run oil pipeline operator of Kazakhstan, intends to increase the transit of Russian oil to Uzbekistan to 550,000 tonnes in 2024, from a previously planned 500,000 tonnes.
Poland’s Orlen denies reports that sale of Lotos assets to Saudi Aramco was below market value
The State Treasury, which holds a 49.9% stake in the company, will propose changes in Orlen’s supervisory board.
Ukraine denies Fico’s claims it could prolong Russian gas transit
“The stance of the Ukrainian side is straightforward: the transit contract will expire at the end of this year,” says Ukrainian government.
DMEA: CNOOC to construct LPG facility in Uganda
MEOG: Aramco awards Riyas NGL deals
Report urges US to step up push for big share of Central Asia’s rare earths prize
Americans should make their move before China looks to corner sector, experts say. The soft heavy metals are important to the green energy revolution and some latest weapons systems.
Russia’s oil industry is threatened by Ukrainian drones, Western sanctions
Russian oil refineries are not normally newsmakers, but they have found themselves on the front page recently as Ukraine’s new long-range drones have brought some of Russia’s oil infrastructure within striking distance.
Serbia signs €2bn renewable energy deal with Chinese companies
Agreement signed with Shanghai Fengling Renewables and Serbia Zijin Copper is the start of Serbia's largest-ever renewable energy project.
Italy's PM Meloni unveils "Mattei Plan" for African development ahead of Italy-Africa summit
Italian Prime Minister Giorgia Meloni unveiled her long-anticipated development strategy for Africa over the weekend, floating a "non-predatory" approach aimed at fostering cooperation.
NEO: EU green ambitions under siege amid Red Sea crisis, Russian aluminium ban fears
The EU has long positioned itself as a global champion of green energy and the world’s battle against climate change but the Red Sea Crisis and a mooted ban on Russian aluminium imports are undermining those goals.
NorthAmOil: Chevron to market Duvernay shale gas assets
Hungary’s state energy giant makes green transition a pillar of long-term strategy
MVM is also eyeing further expansion in the Balkans and an eventual IPO on the Budapest bourse.
Low-emissions electricity to outpace demand increase for next three years at least
Low-emissions electricity generation will outpace robust electricity demand growth for the next three years. This is because renewables are growing rapidly and nuclear power is on track to reach a new all-time high in 2025, says a new IEA report.
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