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Euroil: North Sea M&A heats up
NorthAmOil: Chevron reportedly eyeing Shell’s Pacific Northwest refinery
Super-major Chevron has reportedly emerged as the leading contender to buy a refinery in the US Pacific Northwest that is owned by Royal Dutch Shell.
GLNG: Cheniere’s Corpus Christi Train 3 approved to enter service
The third train at Cheniere Energy’s Corpus Christi LNG export terminal on the Texas Gulf Coast has been approved by the US Federal Energy Regulatory Commission (FERC) to enter commercial service.
Biden invites Putin, Xi to his first major climate talks
In a significant move, President Joe Biden of the US has invited rivals Vladimir Putin of Russia and Xi Jinping of China to the US’ virtual climate talks. The forum will be held virtually on 22-23 April.
Iran inks 25 year strategic deal with China as US softens nuclear deal stance
Deal with Beijing could bring in hundreds of billions of investment dollars. Americans, meanwhile, talk up their flexibility on reviving accord.
AsianOil: India continues to rail against oil supply cuts
The Indian government maintained its pressure on OPEC+ and Saudi Arabia this past week, pushing for an easing in production cuts in order to lower international oil prices.
Tender for Czech nuclear power plant Dukovany to be left to new government
This postpones any decision on whether to let Russia's Rosatom into the tender until after the October general election.
FRV agrees financial close on project for Armenia’s largest utility scale solar power plant
FPRI BMB Ukraine: Germany remains conflicted over Nord Stream 2
During the 4th German-Ukrainian Business Forum, Chancellor Angela Merkel emphasised Ukraine and Germany’s long-standing partnership, but she remained committed to the Russian Nord Stream 2 pipeline.
Plans for higher water taxes threaten to push down Hidroelectrica valuation ahead of IPO
Romanian hydropower group Hidroelectrica could pay 55% higher taxes for the water it uses under amendments currently under debate in the parliament.
NorthAmOil: Decarbonisation in the spotlight for oil sands players
Two leading Canadian oil sands producers – Suncor Energy and Imperial Oil – are in the news for reasons related to decarbonisation.
MEOG: Aramco’s results and Iraq’s budget
GLNG: Russia’s long-term strategy and a US project scrapped
Russia has approved a long-term LNG strategy, targeting up to a three-fold increase in production to 140mn tonnes per year (tpy) by 2035. Meanwhile, in the US, the field of new export terminal proposals continues to thin, with Annova LNG scrapped.
FSU OGM: Russia mulls Gazprom share sale
Euroil: Ineos picks up Danish assets for $150mn
DMEA: Jazan launch and Nigerian scrutiny
AsianOil: Velesto wins drilling contracts from Petronas
Malaysia’s state-owned Petronas has awarded drilling contracts for up to six shallow-water wells to local service provider Velesto Energy.
LatAmOil: Disappointment offshore Suriname
Tullow Oil (UK/Ireland) and its partners in Block 47 offshore Suriname have finished drilling the Goliathberg Voltzberg North-1 (GVN-1) exploration well without making a commercial discovery.
AfrOil: Pros and cons of PIB
Obo Idornigie, vice-president of sub-Saharan African research for Welligence Energy Analytics, recently discussed the strengths and weaknesses of Nigeria’s Petroleum Industry Bill (PIB) with AfrOil.
Cautious outlook for Nigeria’s deepwater oilfields
Nigeria's passage of a new oil law will not remove all obstacles to deepwater investments by IOCs, according to Welligence Energy Analytics.
JGC receives permission to build utility-scale solar-plus-storage power plant in Mongolia
Pemex reports major new find offshore Tabasco State
Mexico’s national oil company (NOC) Pemex has reported the discovery of a large new field off the coast of Tabasco State in the southern Gulf.
Nigeria, Kenya hike fuel prices
Nigeria and Kenya have hiked fuel prices in response to rising crude oil prices, and their decisions have different policy implications.
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