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Iran capable of making nuclear weapon declares adviser to supreme leader
Says decision on whether to do so not yet made. US, meanwhile, releases intelligence on Russian military allegedly ‘shopping’ for Iranian combat drones.
Istanbul-listed Koc launches electric vehicle charging stations unit
Conglomerate also lately reached understanding with Ford and SK On to explore potential for EV battery production plant in Ankara.
Hungarian government declares energy state of emergency, tightens utility price cap rules
From August 1, regulated energy prices for households will apply only to electricity and gas consumption up to the national average.
US warns of ‘profound threat’ of Putin’s efforts to deepen ties with Iran
Washington claims Tehran plans to supply Russia with combat drones. Remarks come as Joe Biden starts Middle East tour and Russia’s president prepares for trip to Iranian capital.
MEOG: Turkish progress and Iranian process
DMEA: Cabinda CDU and Nigerian biofuels
AsianOil: Japan considers steps to conserve gas supplies
Japan is considering steps to conserve natural gas supplies amid fears of a potential disruption. This week it emerged that Tokyo may ask households and businesses to cut back on gas usage when supply is tight.
NorthAmOil: Suncor CEO steps down following new fatality
Suncor Energy’s president and CEO, Mark Little, has stepped down from his role following another worker fatality at a site operated by the company.
Canadian sanctions exemption allows for the return of up to six Nord Stream 1 gas turbines
A sanctions exemption issued by the Canadian government to enable the return of a Siemens turbine to Russia’s Nord Stream pipeline will last for up to two years from now, making possible the import and re-export of a further five turbines.
LatAmOil: Shell signs 20-year LNG supply deal with MPL
A subsidiary of Shell (UK) has arranged to purchase 2.6mn tonnes per year of LNG from a new gas liquefaction plant slated for construction at Puerto Libertad in Mexico’s Sonora state.
AfrOil: Namibian minister blasts foreign critics of Kavango exploration
Namibia’s energy minister has expressed frustration with critics of oil and gas exploration, asserting that much of this opposition comes from foreign countries that have already benefited from development.
AsiaElec: South Korea aiming for 30% nuclear by 2030
Naftogaz to defer eurobond repayments for two years
Ukraine’s largest state-owned oil and gas company Naftogaz has asked bondholders of nearly $1.5bn of bonds to defer coupon payments by two years, Interfax reported on July 12.
Russian court reverses ruling impeding Kazakh oil exports but situation remains tense
Ahead of hearing, Kazakhstan says it is considering banning transit of sanctioned goods to Russia. Escalation of tensions may pose risk to Western oil assets.
What if Nord Stream 1 doesn’t come back online?
The Nord Stream 1 pipeline closed down on July 11 for routine maintenance. Under normal circumstances the 10-day closure would cause no alarm, but European officials have suggested that Moscow may keep the 55 bcm per year offline longer.
Islamic State threatens Central Asian and Chinese ventures in Afghanistan
The terror group behind growing carnage in the wretched country says anyone working with the Taliban is a target.
How many days of gas consumption are in Europe’s storage tanks?
If the Russians turned off gas supplies to Europe today, how many days of gas are currently in the storage tanks?
Uzbekistan creating gas processing industry to feed soaring domestic demand
Rather than exporting natural gas as a raw material, Uzbekistan is investing into deep processing capacity to enable domestic production of fuels, plastics and other products.
Russia sanctions complicate Uzbek energy sector overhaul
Western sanctions imposed on Russia after the invasion of Ukraine are holding up investments in energy projects in double-landlocked Uzbekistan.
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