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OIES expert warns against gradual phase-out of Russian gas
EU efforts to gradually reduce Russian gas imports over time will only bolster Moscow’s revenues by driving prices upwards, Mike Fulwood, a senior fellow at the Oxford Institute for Energy Studies (OIES), warned in a paper.
REM: UAE's Masdar and Egypt’s Hassan Allam Utilities to develop green hydrogen production plants in Suez Canal
UPDATE: Massive explosions at oil depot in Western Russia, but who is to blame?
Massive explosions at an oil depot in Western Russia went viral online and were verified by open-source-intelligence accounts on 25 April.
Yellowtail environmental permit includes landmark provisions targeting emissions reduction
The environmental permit issued for Yellowtail, the fourth development target at the Stabroek block offshore Guyana, differs from its predecessors because it will include a roadmap for carbon dioxide emissions reduction.
USAID awards grant to Peruvian NGO to help clean up oil spill
USAID has awarded a grant worth $100,000 to the Peruvian environmental fund Profonanpe to support clean-up operations related to an oil spill that occurred at La Pampilla earlier this year.
BALKAN BLOG: What living without Russian gas would mean for Moldova
Gazprom cutting off gas supplies could trigger a chain of events leading to Moldova abandoning its neutrality.
Iran claims it’s rejected US offers of sanctions removal in return for scrapping plan to avenge Soleimani
Assassination of top general in 2020 and Donald Trump’s designation of Revolutionary Guard as “terrorist” remain sensitive matters that could end efforts to revive 2015 nuclear deal.
AsiaElec: LG Energy Solution to lead $9bn investment in Indonesian EV battery production
South Korea’s LG Energy Solution is to lead a consortium investing $9bn in the electric vehicle battery supply chain in Indonesia in a bid to secure stable supplies of locally mined nickel and to manage the production process more efficiently.
AfrElec: Angola aims for 70% renewables
Angola wants renewable energy to account for 70% power mix by 2025 and is looking to attract foreign investment from EU and international financial institutions and private investors to fund the country’s energy transition.
NorthAmOil: Biden administration restarts onshore lease sales
The administration of US President Joe Biden announced on April 15 that it was restarting oil and gas leasing on federal land.
MEOG: ADES continues fleet expansion
LatAmOil: ANP notes strong interest in Brazil’s latest bidding round
Brazil’s ANP reported last week that the most recent bidding round, the Third Cycle of the Open Acreage in the Concession Model, had attracted more attention than anticipated.
GLNG:Japanese government to support investment in new LNG import sources
Japan aims to increase its LNG important capacity and investment by Japanese companies in upstream production projects worldwide.
EurOil: Irish government to reconsider stance on LNG
DMEA: Saudi petchems and Sonangol’s strategy
AfrOil: NNPC sees AKK gas pipeline launched in Q1-2023
Mele Kyari, the group managing director of Nigerian National Petroleum Co. Ltd (NNPC Ltd), expects the Ajaokuta-Kaduna-Kano (AKK) natural gas pipeline to begin operating in the first quarter of 2023.
AsianOil: Petronet may consider fourth LNG import terminal in India
India’s Petronet LNG may consider building a fourth LNG import terminal in India in order to meet rising demand.
Share of gas in Moldova’s imports triples to 17.3% in January-February
In absolute terms, the cost of gas imports more than quadrupled to $229mn.
The EU’s sixth package of sanctions will target Russian oil exports to Europe
European officials are drafting plans for an embargo on Russian oil products, the most contested measure yet to punish Russia for its invasion of Ukraine and a move long resisted because of its big costs for Germany.
Alagoas state administration hopes to attract industrial investors with cheap gas supplies
The Brazilian state of Alagoas has been expanding its efforts to attract industrial investors seeking access to less expensive natural gas supplies, according to a report from Argus Media.
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