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AfrElec: South Africa set for 5.4 GW of new wind by 2026
South Africa could add 5.4 GW of new wind capacity over between 2022 and 2026, although procurement could be delayed as additions fall between 2021 and 2022.
LONG READ: Afghanistan key to uncorking Russia's access to South Asia
To the West, Russia is once more viewed as an international pariah. For a viable economic path, Moscow must look east and south across Asia. Afghanistan as well as Central Asia could be crucial to its plans.
BSOG expects Midia startup in Q2
Russia and India are setting up direct oil payment channel
Russian state development bank VEB.RF and the Reserve Bank of India have set up a direct payment channel as an alternative to SWIFT. Reportedly, the channel will serve transactions in rupee and rubles, most notably for Russian oil and gas.
An energy embargo on Russia would hurt Europe as much as Russia
The West is threatening to impose an energy embargo on Russia. The EU has a plan to cut hydrocarbon imports from Russia to zero as soon as 2025 or maybe sooner if Russia scales up its attack on Ukraine.
Germany says Putin has agreed to keep payments for gas in euros
German Chancellor Olaf Scholz has announced that Russian President Vladimir Putin has climbed down from a demand that Europe pay its gas bills in rubles, and will allow payment in euros for the meantime.
Poland presents timetable for ending Russian energy imports by 2023
Poland will end buying Russian coal by May, and stop Russian oil and gas imports by the end of December.
REM: Trudeau unveils C$9.1bn plan to meet 2030 carbon targets
Canada has unveiled a multi-billion dollar plan to cut carbon emissions, including a clean electricity standard (CES). The plan, presented by Prime Minister Justin Trudeau, includes C$9.1bn ($7.3bn) in new spending to meet carbon emissions.
AfrElec: Ghana ready to phase out fossil fuels for renewable energy
The lack of resources could affect the transition to cleaner energy.
NorthAmOil: Shell starts production at PowerNap project in Gulf
Shell announced on March 29 that it had started production at the PowerNap project in the US Gulf of Mexico.
MEOG: Iranian drilling and supplies for Jordan
LatAmOil: SENER formally names Pemex as operator of Zama oilfield
US-based Talos Energy has confirmed its receipt of documents from Mexico’s Secretariat of Energy (SENER) finalising the decision to award Pemex control of the offshore acreage that includes the Zama oilfield.
GLNG: Tellurian starts construction on Driftwood LNG
US-based Tellurian announced on March 28 that it had kicked off construction on its Driftwood LNG terminal on Louisiana’s Gulf Coast.
FSUOGM: Russian requires ruble payments within days
EurOil: Germany unveils plan to phase out Russian energy
DMEA: Shootout at Dangote
AsianOil: Sinopec plans biggest capex budget in history
China’s Sinopec is targeting the largest capital expenditure budget in its history for 2022.
AfrOil: NUPRC highlights oil thefts from Bonny, Forcados, Brass pipeline networks
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has identified the pipeline networks serving the Bonny, Forcados and Brass terminals as the biggest sources of crude oil theft in the country.
Hidroelectrica shareholders poised to announce long-awaited IPO
Listing of Romanian energy company Hidroelectrica expected to result in a major IPO estimated at around €1.8bn.
Rosneft-owned Schwedt refinery near Berlin puts the problems with sanctioning Russian oil under the spotlight
The oil refinery in Schwedt supplies Berlin with 95% of its oil products, but it is owned by a Russian oil company and imports all its oil from Russia. Forcing it to stop is not so easy, the German government has found.
Ireland's Avolon and Turkey's Gozen to pioneer 'flying taxi' services in heavily congested Istanbul
Avolon among launch customers for up to 1,000 zero-emission electrical vertical takeoff and landing (eVTOL) aircraft being developed by New York-listed Vertical Aerospace.
Rosatom reportedly pulling out of Paks project
State-owned Russian energy company could struggle to fulfil delayed nuclear contract because of sanctions over Ukraine war.
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