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AFRELEC: Africa Renewable Energy Fund II raises €130mn
The Africa Renewable Energy Fund II has achieved its first close at €130mn, following a joint investment of €17.5mn from The Sustainable Energy Fund for Africa and the Climate Technology Fund through the African Development Bank.
ASIAELEC: Japan offers $10bn to support Asia's energy transition
The Japanese government is to offer $10bn in financial aid to boost decarbonisation across emerging economies in South and Southeast Asia.
EBRD and ADB provide $110mn for Tajik power utility
Kazakhstan unlikely to meet Paris commitments
Nur-Sultan likes to boast of its green credentials, but the reality, say researchers, is a carbon-intensive “business as usual.”
Eni says Coral South LNG is still scheduled for launch in 2022
Italy’s Eni says it is on track to launch the Coral South LNG project offshore Mozambique next year, despite the violence that has slowed down TotalEnergies’ plans for development of gas reserves.
LatAmOil: Staatsolie awards shallow-water blocks to three IOCs
Suriname’s Staatsolie has concluded the Shallow Offshore Bid Round by awarding three shallow-water offshore blocks to Chevron (US) and a consortium set up by TotalEnergies (France) and Qatar Petroleum.
Afroil: Eni still aims to launch Coral South LNG in 2022
Italy’s Eni is on track to launch the Coral South LNG project offshore Mozambique next year, despite the violence and civil unrest that has slowed down TotalEnergies’ plans for development of a nearby field.
GLNG: Skikda LNG plant forced to shut on technical issue
Algeria’s state-owned Sonatrach reported at the weekend that it had taken the Skikda LNG plant offline on June 11.
NorthAmOil: Hurricane season disruption begins
Some disruption to oil and gas operations in the US Gulf of Mexico was seen ahead of Tropical Storm Claudette last week. Chevron and Occidental Petroleum both implemented storm precautions at their offshore facilities.
FSUOGM: Gazprom reveals Chinese gas supply details
EurOil: the hydrogen storage challenge
MEOG: Qurna expansion and Asian finance
DMEA: Fuel subsidies and plastics
AsianOil: Sarawak awards onshore project to Petra Energy, Uzma
Sarawak state-owned Petroleum Sarawak (Petros) has awarded the development contract for onshore Block SK433 to Malaysian independents Petra Energy Development and Uzma Engineering.
ENERGO: Romgaz terminates contract for 430-MW power plant but seeks to complete project
Albania launches first wind power tender
Tirana is seeking to set up wind and solar generation to reduce reliance on hydropower.
Gazprom confesses to several big methane leaks this year
Russia’s gas giant Gazprom has admitted to several large methane leaks this year, one of the most environmentally harmful gases, the company said over the weekend.
REM: Native Canadian co-owned wind project awarded 25-year power purchase agreement
The Canadian utility SaskPower has awarded a 25-year power purchase agreement (PPA) for power from a 200-MW wind project that is being developed by Renewable Energy Systems (RES) Canada and a company owned by a Native Canadian tribe.
Erste Group arranges €51mn financing for first private wind project in North Macedonia
North Macedonia aims to increase its national renewables capacity to above 50% by 2024.
No sign election of Raisi as Iran’s president will derail efforts to restore nuclear deal
Now that they have presidency in the bag, hardliners may tolerate agreement with US that would give country sorely needed economic lift.
Trinidad and Tobago eyes green hydrogen production
Trinidad and Tobago is looking into the possibility of diversifying into hydrogen production, Prime Minister Keith Rowley said.
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