Free Top Stories
Putin retaliates to Western sanctions by demanding rubles-only payment for gas
Russia’s President Vladimir Putin has announced that “unfriendly” countries will have to pay for gas in Russian rubles and requested that the central bank prepare the necessary conditions for enacting this within seven days.
AfrElec: Anglo American, EDF Renewables to develop renewable energy in South Africa
Anglo American has signed a memorandum of understanding with EDF Renewables to co-operate in developing a regional renewable energy ecosystem in South Africa.
Can the EU replace Russian gas with North African supplies?
Experts from Verisk Maplecroft and Welligence Energy Analytics comment on how North African gas producers might respond as Europe’s energy mix changes.
"Climate Czar" and veteran Russian reformist Chubais said to have flown Russia
Veteran reformer Anatoly Chubais has quit his post of"Climate Czar" and fled the country after criticising Russia's invasion of Ukraine.
NorthAmOil: Biden administration to resume federal oil and gas leasing
The administration of US President Joe Biden will resume oil and gas leasing on federal land following a court decision temporarily reinstating a measure that puts a higher price on the greenhouse gas (GHG) emissions associated with projects.
LatAmOil: Emissions reduction may be a factor in Ecuador’s Intracampos 2 tenders
Ecuador’s Energy Minister Juan Carlos Bermeo has said that Quito may take carbon emissions reduction goals into account when selecting the winners of upcoming tenders for six onshore oil blocks.
GLNG: Germany targets LNG supplies from Qatar
Germany is turning to Qatar for LNG as it pivots away from Russian natural gas in the wake of the war in Ukraine.
FSUOGM: Russian oil becomes toxic waste
DMEA: Angola refinery work set to start
AsianOil: BP, Petronas win offshore blocks in Indonesian auction
Super-major BP and Malaysia’s Petronas both announced on March 18 that they had been awarded deepwater exploration blocks as part of the second round of Indonesia’s 2021 Oil and Gas Working Area (WK) Bid Round.
AfrOil: Uganda’s energy minister hopes for refinery FID in 2023
Uganda’s Energy Minister Ruth Nankabirwa says the Albertine Graben Refinery Consortium (AGRC) is set to make a final investment decision next year on the construction of refinery for oil from fields near Lake Albert.
REM: Shell may develop six offshore wind farms totalling 1.7 GW off Brazil
Shell Brasil has filed environmental licensing requests for six offshore wind farms totalling 1.7 GW.
MEOG: PNZ partners agree Dorra deal
Bulgaria to complete gas link with Greece as it seeks to end dependence on Russian gas
Gas link that will allow imports of Azeri gas set to be completed by June, says PM Kiril Petkov.
Outcome of the war in Ukraine remains up in the air, but oil markets are pricing in a quick resolution
Buying Russian oil is “like eating toxic nuclear waste” again
In the midst of the 1998 financial crisis investor Adam Elstein famously said that he would rather “eat toxic nuclear waste” than buy Russian assets. Russia is back in that place.
Czech billionaire Karel Komarek considering cutting links with Russia's Gazprom
Czech government discussing how to remove Russian gas giant from MND storage joint venture.
FxPro Group says US restrictions on Russian oil imports could benefit Mexican economy
Cyprus-based FxPro Group Ltd has said that it expects the Mexican economy to reap benefits in the medium term from the US government’s decision to ban imports of Russian crude oil and natural gas.
Duque says Colombia can supply oil to US
Colombian President Iván Duque met with US President Joe Biden in Washington last week to discuss energy security amid the ongoing Russian military incursion in Ukraine.
US continues to explore sanctions relief for Venezuela
In an effort to secure new supply sources and mitigate the rapid rise in oil prices, the administration of US President Joe Biden has continued to explore the possibility of easing sanctions on Venezuela.
Eastern EU member states divided over sanctions on Russian oil and gas exports
Central and Southeastern European countries are among the most vulnerable to any cut-off in Russian energy exports, but this has not stopped some of them from being very vocal in demanding tougher action.
REM: UK to bolster renewable energy in response to economic impact of Russia’s war in Ukraine
Later this month, UK Prime Minister Boris Johnson will unveil a British Energy Security Strategy that will promote renewable energy, nuclear and hydrogen to boost energy independence and buffer the country from the economic impact of Russia’s war.
Follow us online