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Croatia ramps up power production from fossil fuels
Net electricity production was up 14% y/y in June due to a significant rise in thermal power production, while hydropower generation fell.
Diesel fuel prices in Turkey climbing again
In Istanbul, diesel up 258% y/y and gasoline higher by 173% y/y.
Kazakhstan: Spectre of Chinese control over oil and gas largely illusory
For all its billions spent, China still controls only a small share of Kazakh oil output.
Poland’s Azoty Group suspends fertiliser production as high gas prices sting
Warsaw-listed chemicals group suspends or reduces some products, including nitrogen fertilisers and ammonia.
Kazakhstan’s oil exports via Russian terminus disrupted for fourth time this year
Speculation again mounts that Kremlin is tampering with its southern neighbour’s shipments.
Iran ‘has dropped main hang-ups’ in way of reinstating nuclear deal says US official
Iranian president remarks: “In no meeting or negotiation did we sell the rights of the people short.”
Bulgarian politicians split over Russia gas imports ahead of snap election
Caretaker government’s decision to open talks on resuming imports from Gazprom reopens debate over country’s orientation vis-a-vis Russia and the West.
Another major gas find made off Cyprus
NorthAmOil: Santos sanctions Pikka project in Alaska
Australia’s Santos announced this week that it had taken a final investment decision on Phase 1 of the Pikka oil project on Alaska’s North Slope.
ISTANBUL BLOG: Turkey doubles oil imports from Russia. What gives?
The West watches on as Erdogan scorns sanctions on the Kremlin. If the law of the trade-off holds, don’t expect any action.
Bulgaria’s caretaker government starts talks to resume gas imports from Russia
Energy Minister Rossen Hristov says talks with Gazprom are "inevitable" after Sofia failed to secure enough gas from other sources.
EurOil: Gazprom warns of three-day Nord Stream shutdown
#bne #EmergingMarkets #germany #russia #nordstream #natgas #ongt #energycrisis
FSUOGM: Russia sets up new entity to manage Sakhalin-2
#bne #EmergingMarkets #russia #sakhalin2 #sanctions #energycrisis #ukraine
MEOG: ADNOC affiliates win more work
LatAmOil: ExxonMobil may use tie-backs to expand production at Stabroek
Mike Ryan, production manager at ExxonMobil Guyana, says his company is seriously considering using subsea tie-backs to link new oil finds at the Stabroek block to existing infrastructure in order to improve production operations.
DMEA: Israel sees Egypt’s LNG capacity as reason for continued co-operation
Israel will continue to work with Egypt to boost natural gas exports to Europe, as the latter country is its best option for producing LNG, Energy Minister Karine Elharrar told Israel Hayom in an interview.
AfrOil: NNPC Ltd signs renegotiated PSCs for five deepwater blocks
Nigerian National Petroleum Co. Ltd (NNPC Ltd) has completed the process of negotiating new PSCs for five deepwater blocks in a move that is expected to unlock more than $500bn in revenue for the West African country.
Russia's Asian oil and gas pivot will take too long
Russia is looking to fast-track its pivot to Asia in order to offset the loss of revenues that its energy divorce with the EU is bringing about. But in the best-case scenario, it would take it at least a decade to ramp up gas supplies to Asia.
Russia to shut down Nord Stream completely for three days from August 31
Russia plans to close down the Nord Stream gas pipeline for three days between August 31 and September 2, in a move that will put further strain on the European gas market.
Leaked footage from Zaporizhzhia power plant reveals five Russian military trucks in turbine room
Leaked footage from the occupied Zaporizhzhia nuclear power plant (ZNPP) allegedly shows at least five Russian military trucks stored inside the plant on August 18.
Gazprom to shut down Nord Stream 1 for three more days
Russian gas giant Gazprom announced on its Telegram channel that the Nord Stream 1 pipeline will be closed down for three more days on August 19, further stoking fears that the Kremlin intends to cause a major energy crisis in Europe this winter and
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