Free Top Stories

For Cypriot gas, the path to Europe may run through Egypt

2 September 2022

Establishing short subsea links with Egypt may be a faster and cheaper way for Cyprus to launch exports than waiting for EastMed, which would be the world’s longest underwater pipeline.

IAEA chief Rafael Grossi arrives at the occupied Zaporizhzhia power plant

2 September 2022

"The things I needed to see, I saw," said IAEA chief Rafael Grossi after visiting the Zaporizhzhia nuclear power plant, despite shelling that shut down operating unit 5 and attacks on the nearby city of Enerhodar.

Macron and Borrell both say Iranian JCPOA deal possible 'within days'

1 September 2022

New understanding between Tehran and major powers could unlock world markets for Iranian oil, countering supply stress caused by attempts to sideline Russian oil.

REM: Dominion may abandon 2.6-GW wind project off Virginia if regulators require performance guarantee

31 August 2022

Dominion Energy Virginia says it will abandon its planned 2.6-GW offshore wind farm off the US MidAtlantic coast if state regulators do not reverse their decision to guarantee a certain performance for the $9.8bn project.

GLNG: ZIM, Shell sign 10-year LNG bunkering deal for new container ships

31 August 2022

ZIM Integrated Shipping Services (Israel) has secured fuel supplies for 10 new LNG-powered ships that are due to enter its fleet in 2023-2024 under a long-term bunkering contract with a subsidiary of Shell (UK).

Iran delivers Ukraine ‘peace initiative’ to Russia from unnamed European leader

31 August 2022

Moscow trip of Tehran’s top diplomat, meanwhile, fails to provide clear signal that a nuclear deal relaunch is on the horizon, but hopes are rising.

Sanction-defiant Gazprom to pay $20bn in first ever interim dividend

31 August 2022

Russian natural gas giant Gazprom saw its share price on Moscow Exchange jump by over 30% on August 31 after it announcement will pay interim dividends for the first time ever of RUB1.2 trillion ($19.6bn) for 1H22.

YPF’s export agenda

31 August 2022

YPF's plan to build Argentina’s biggest oil export terminal in Rio Negro may not be enough to ensure that Vaca Muerta realises its full potential.

Turkmenistan: The price isn’t right

31 August 2022

Food subsidies to end, Russia seeks closer ties, and energy news. This and more in Eurasianet’s weekly Turkmenistan briefing.

European gas storage tanks reach 80% full target

31 August 2022

The EU now stands on the brink of reaching its long-stated goal of filling its natural gas storage facilities to 80% of capacity – two months early. The target was considered ambitious but the market has done its thing.

Electricity supply crisis in Kosovo worsens after failure of Obiliq TPP unit

29 August 2022

Kosovo has the world's fifth largest lignite reserves of up to 14bn tonnes, but its thermal power plants are outdated and constantly need repairing.

NorthAmOil: Shell, Energy Transfer sign Lake Charles LNG offtake agreement

29 August 2022

Shell and Energy Transfer have signed a 20-year sales and purchase agreement for 2.1mn tonnes per year of LNG produced at the planned Lake Charles LNG project in Louisiana.

LatAmOil: APA announces find at Block 53 offshore Suriname

29 August 2022

US-based APA Corp. has made its first discovery of hydrocarbons at Block 53 offshore Suriname in the Baja-1 exploration well.

DMEA: TotalEnergies says it will continue building Arzew petchem plant in Algeria

29 August 2022

TotalEnergies (France) will continue working to build a petrochemical plant in Algeria’s Arzew region, denying a report published earlier by African Intelligence.

AfrOil: South Africa expects TotalEnergies to submit Luiperd development plan

29 August 2022

Phindile Masangane, the CEO of Petroleum Agency South Africa (PASA), has said she does not expect TotalEnergies to let its licence for Block 11B/12B lapse as a deadline for submitting production plans approaches.