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EU taps Kazakhstan for rare earths, green hydrogen

Kazakhstan is itching to get its lithium out of the ground.

Exim Bank US offers $3bn financing for Romanian nuclear reactors

Romania plans to build two new reactors of 700MW net each at its sole nuclear power plant at Cernavoda.

REM: Germany plans 50 GW of offshore wind by 2035

Renowned former petrochemicals CEO Konov sells stake in Sibur

Dmitry Konov, former CEO of petrochemicals major Sibur, says he no longer owns a 2.59% stake in the company. He stepped down as head of the company in March 2022 after the EU introduced sanctions against him, which he is appealing.

AfrElec: South Africa signs €600mn loan agreements with France, Germany to reduce reliance on coal through just energy transition

ENERGO: Poland to slow coal phase-out but keeps 2049 exit date unchanged

GLNG: Tanzania expects to sign several agreements on LNG project in December

Kazakhstan's sovereign wealth fund to sell 5% stake in national oil company KazMunayGaz

Plans are modest compared to privatisation proposals floated in the past.

EurOil: Estonia gives up stake in Finnish LNG terminal

AsianOil: Tokyo asks Malaysia to ease LNG supply woes

FSUOGM: Uniper hit hard by Russian gas losses

IEA warns of major gas supply-demand gap in Europe next year

It now looks increasingly likely that Europe will make it through this coming winter with sufficient gas supply. But the International Energy Agency has warned of a 30bn cubic metre supply-demand gap next year in its latest analysis.

LatAmOil: Spudding of Wei-1 postponed again

DMEA: Iranian government sells 12% stake in country’s largest petchem producer

AfrOil: APT may be able to launch Ntorya gas production early

ENERGO: Energoatom claims Russia is attempting to connect Zaporizhzhia NPP to occupied territories

EU announces €1bn in grants for Western Balkans, affirms support for enlargement

German Chancellor Olaf Scholz and top EU officials stress commitment to bringing six Western Balkan countries into the EU.

NorthAmOil: Marathon to purchase Ensign’s Eagle Ford assets for $3bn

MEOG: Aramco announces Q3 results

Transnistria accuses Moldova of creating “humanitarian crisis”

Starved of gas by Gazprom, Moldova and breakaway Transnistria are competing for scarce energy resources — raising tensions between Chisinau and the separatist authorities.

REM: Google signs deal for almost 1 GW of solar power for Texas datacentre

AsiaElec: COVID policies hurting Chinese power cut efforts

AfrElec: Eskom’s debt deal requires bringing gas, nuclear power into energy mix

Turkmenistan: Form an orderly pipeline

Turkmenistan is finding new customers for its gas, while continuing to perform bizarre stunts for Guinness World Records. This and more in Eurasianet’s weekly briefing.

Yuriy Vitrenko, head of Naftogaz, resigns

The chairman of Naftogaz, Ukraine’s largest national oil and gas company, will step down from his position on November 3, the Kyiv Independent reported on November 1.