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NorthAmOil: ExxonMobil, Chevron profits soar
Croatia to pay $235mn arbitration award to MOL
Croatia will pay MOL $235mn after losing a series of arbitration and legal hearings over the 2009 deal that allowed MOL to obtain a dominant position in INA.
Bulgaria starts construction of gas link with Serbia
New pipeline with capacity of up to 1.8 bcm a year will help increase energy security and diversify gas supplies in the region.
Russian gas pipe flow dips to record low in January
Russian pipeline gas flowing to Europe dipped to a record low in January, down 30% compared with supplies in December, while experts warn that there could be significant further downside risk to the country’s deliveries.
Turkmenistan: A kick in the gas
Moscow curries favour, neighbours seek more gas, and Turkmenistan’s colossal methane pollution could power Afghanistan at little cost many times over. Eurasianet’s weekly Turkmenistan briefing.
AsiaElec: Geothermal power making inroads in India
EurOil: Europe ramps up gas withdrawals
AsianOil: Santos suffers further delays at Barossa project
West prepares to impose price caps on Russian petroleum products
The price caps would work by barring Western insurance and shipping companies from insuring or carrying cargoes of Russian oil products unless they were bought at or below the caps, which will be imposed after February 5.
DMEA: Uganda to take Hoima FID in June
AfrOil: Reports surface of new Shell discovery offshore Namibia
MEOG: OQ outlines plans for Abraj IPO
Russia’s current account surplus falls by $16bn to $31bn in 4Q22
NorthAmOil: Hess to focus in 2023 on Bakken shale play
Russia forges ahead with gas ambitions in Uzbekistan, Kazakhstan
Moscow is driving forward its energy ambitions in Central Asia as it seeks new markets for gas that Europe now shuns.
Italian PM Meloni travels to Algeria to sign landmark gas deal
Italian PM Giorgia Meloni completed a two-day visit to Algeria on January 24. The visit’s main goal was to consolidate diplomatic and commercial ties and secure a deal for increased gas exports through the TransMed pipeline.
REM: UK’s Crown Estate signs six leases for 8 GW of offshore wind projects, enough to power 7mn homes
GLNG: Third floating LNG terminal arrives in Germany as it continues diversifying energy supply
AsiaElec: India targets record-breaking coal output by FY23-24
Davos climate change debates hindered by lack of Russian, Chinese delegates
The World Economic Forum in Davos, Switzerland, was held in person this year for the first time since the start of the COVID-19 pandemic. The theme of the meeting was “co-operation in a fragmented world," but Russia and China were a no show.
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