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FSUOGM: Russia sets up new entity to manage Sakhalin-2
#bne #EmergingMarkets #russia #sakhalin2 #sanctions #energycrisis #ukraine
MEOG: ADNOC affiliates win more work
LatAmOil: ExxonMobil may use tie-backs to expand production at Stabroek
Mike Ryan, production manager at ExxonMobil Guyana, says his company is seriously considering using subsea tie-backs to link new oil finds at the Stabroek block to existing infrastructure in order to improve production operations.
DMEA: Israel sees Egypt’s LNG capacity as reason for continued co-operation
Israel will continue to work with Egypt to boost natural gas exports to Europe, as the latter country is its best option for producing LNG, Energy Minister Karine Elharrar told Israel Hayom in an interview.
AfrOil: NNPC Ltd signs renegotiated PSCs for five deepwater blocks
Nigerian National Petroleum Co. Ltd (NNPC Ltd) has completed the process of negotiating new PSCs for five deepwater blocks in a move that is expected to unlock more than $500bn in revenue for the West African country.
Russia's Asian oil and gas pivot will take too long
Russia is looking to fast-track its pivot to Asia in order to offset the loss of revenues that its energy divorce with the EU is bringing about. But in the best-case scenario, it would take it at least a decade to ramp up gas supplies to Asia.
Russia to shut down Nord Stream completely for three days from August 31
Russia plans to close down the Nord Stream gas pipeline for three days between August 31 and September 2, in a move that will put further strain on the European gas market.
Leaked footage from Zaporizhzhia power plant reveals five Russian military trucks in turbine room
Leaked footage from the occupied Zaporizhzhia nuclear power plant (ZNPP) allegedly shows at least five Russian military trucks stored inside the plant on August 18.
Gazprom to shut down Nord Stream 1 for three more days
Russian gas giant Gazprom announced on its Telegram channel that the Nord Stream 1 pipeline will be closed down for three more days on August 19, further stoking fears that the Kremlin intends to cause a major energy crisis in Europe this winter and
GUSTAFSON: Vlad – What's your problem with gas turbines?
The sudden exit of the Western companies, because of sanctions, leaves the modernisation of the Russian electricity sector in the lurch. Russia cannot make its own gas turbines that are at the heart of every power station.
CENTRAL ASIA BLOG: Mongolia frets over prospect of default
Sri Lanka’s experience has rattled and unnerved some Mongolians who fear the government does not have the solutions to the country’s steep FX debt.
GLNG: Peru LNG resumes exports after July shutdown
Czechia seizes part of Gazprom’s gas storage capacity
Government grabs unused gas storage capacity in a facility part-owned by Gazprom in order to boost the country's gas reserves before the coming winter.
European gas prices reach fresh peak as EU nears 75% threshold with gas storage
The EU faces an uphill struggle contending with continually soaring energy costs this winter.
Kazakhstan’s food security hopes for the world undermined by food insecurities at home
Central Asia’s largest economy facing up to sobering climate change effects on agriculture and economic disruption of Ukraine war.
AsiaElec: Vietnam coal imports to peak by mid-2030s
Romanian energy companies report hike in profits
Two major Romania energy companies — natural gas and electricity producer Romgaz and nuclear power company Nuclearelectrica — have reported sharp hikes in their profits for the first half of 2022.
Albania steps in to help Kosovo avoid electricity rationing
Kosovo's energy companies had planned restrictions on power use as the coal-dependent country faces a crisis in the energy sector.
NorthAmOil: Centrica, Delfin sign preliminary LNG supply deal
UK-based Centrica has signed a heads of agreement to buy 1mn tonnes per year of LNG from the US’ Delfin Midstream.
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