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LatAmOil: ExxonMobil committed to Guyana despite Venezuelan vote
Iran to get Chinese assistance to make oil and gas fields AI-oriented
Iran plans to launch a joint venture with Chinese tech companies to employ artificial intelligence (AI) to “digitalise” production in its oil and gas fields, the research and technology head of the National Iranian Oil (NIOC) said.
EurOil: Norway urges operators to "leave no stone unturned" in developing difficult gas resources
MEOG: Oil pipeline sabotaged in Yemen
Uzbekistan gives green light to two solar plants proposed by UAE and French companies
Three renewables-focused entities sign power purchase deal for Zambian solar energy project Ilute
Could the DRC become the Saudi Arabia of the electric vehicle age?
Perhaps no country has more to gain from the ‘clean’ energy transition that the Democratic Republic of the Congo (DRC), which sits atop some of the world’s biggest copper, cobalt, coltan and lithium reserves.
Turkmenistan: Pledging the depths
Ashgabat's promises to curb greenhouse gases do not stand up to scrutiny. This and more in this week's Eurasianet Akhal-Teke Bulletin.
REM: At COP28, a week in, and fossil fuels and finance dominate
COP28: A week in, and fossil fuels and finance dominate
The first week of COP28 has ended, and climate diplomats must now hammer out the final agreements.
Earth nears catastrophic climate tipping points, say scientists
Climate change has pushed the world into a precarious position concerning numerous planetary 'tipping points,' according to an extensive scientific evaluation completed by over 200 researchers.
This winter’s gas crisis in Europe is already over before it began
Europe went into this year’s heating season, which started on November 7, with its tanks full to bursting; the EU gas storage tanks were close to 100% full as the weather turned cold.
South Africa’s power utility Eskom seen overshooting emergency diesel budget for FY23/24
2023 has been the worst year for power cuts implemented by South Africa’s utility Eskom. By December, Africa’s most advanced economy had 322 days of rolling power outages. It has spent billions on diesel to keep the lights on.
COP28 leader defends controversial remarks
Sultan al-Jaber, the oil executive who is leading the COP28 climate summit in Dubai, has rocked the conference with highly controversial remarks that there is “no science” that phasing out fossil fuels is necessary.
US vows to maintain pressure on Russian energy sector for decades to come
The US ambition is to halve Russia’s revenues from oil and gas by the end of the decade.
More countries to start producing electricity from nuclear power, says IAEA
About a dozen new countries should start producing electricity from nuclear power in the next few years, according to IAEA head Rafael Mariano Grossi, including Ghana, Kenya, Morocco, Nigeria, Namibia, the Philippines, Kazakhstan and Uzbekistan.
COP28: Greenpeace asks if nine European oil and gas majors are “getting away with murder”
Releases study showing 360,000 people could die prematurely before the end of the century because of global heating caused by companies’ 2022 greenhouse gas emissions alone.
Lukoil mulls sale of Bulgarian refinery, petrol stations
Russian oil company to reassess its presence in Bulgaria and could sell its business after Bulgarian parliament banned imports of Russian oil from March 2024.
Transition risks for petrostates higher than ever, says report
Petrostates are currently confronted with significant challenges arising from the ongoing energy transition. The diminishing demand for oil and gas is exerting downward pressure on commodity prices, which in turn threatens future revenue streams.
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