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President appeals to Moscow and threatens ruthless crackdown on Kazakhstan unrest
Day sees protesters seize Almaty airport. Tokayev strips predecessor Nazarbayev of state security post and speaks to Russian and Belarusian counterparts to discuss response to turmoil. Moscow-led CSTO to send peacekeepers.
Angola still not setting deadline for sale of 30% of Sonangol via IPO
Angola’s government is gearing up for the partial privatisation of the national oil company Sonangol but has not yet set a target date, according to Edson Pongolola, the director of the firm’s planning and control department.
LatAmOil: Argentina greenlights offshore seismic work
Argentina’s government has given YPF, the national oil company, and its partners a green light to proceed with seismic work at three offshore blocks in the South Atlantic.
AfrOil: No deadline for Sonangol IPO yet
Angola’s government is gearing up for the partial privatisation of the national oil company Sonangol but has not yet set a target date, according to Edson Pongolola, the director of the firm’s planning and control department.
FSUOGM: a bumper year for Gazprom
EurOil: a year of regulatory reform
DMEA: NNPC deals with refinery fire
MEOG: Iraqi drilling and Saudi contracts
AsianOil: Prelude FLNG shutdown extended by regulator’s order
Australian regulator NOPSEMA has ordered Royal Dutch Shell not to return its Prelude floating LNG (FLNG) facility to service until the company can prove that it can keep the vessel properly powered and that safety systems are operational.
NorthAmOil: Biden administration approves additional SPR release to ExxonMobil
The US Department of Energy (DoE) announced on December 30 that it had approved a third exchange of crude from the country’s Strategic Petroleum Reserve (SPR) for release to ExxonMobil.
GLNG: Venture Global strikes supply deal with CNOOC
The US’ Venture Global LNG announced in late December that it had struck a deal to supply LNG to a subsidiary of China National Offshore Oil Corp. (CNOOC).
Kazakhstan gripped by protests as anger over fuel price hike sparks anti-government sentiment
In largest city Almaty thousands clash with riot police. President says officials will meet to discuss protesters’ “socio-economic demands”.
Kosovo bans cryptocurrency mining to tackle power shortages
Cryptocurrency mining was popular in northern Kosovo where residents had received free electricity for years, but the ongoing energy crisis has forced Pristina to seek ways to rein in power use.
AfrElec: MIGA issues 20-year guarantees for Mozambique’s CTT
Multilateral Investment Guarantee Agency (MIGA) has issued guarantees of 20 years for the 450-MW Central Térmica de Temane (CTT) power generating plant in Mozambique.
Kosovo faces worst energy crisis in a decade
Daily power cuts planned for the next 60 days to save electricity.
AsiaElec: ADB to lend $600mn to Indonesia to fund grid resilience
The Asian Development Bank (ADB) is to lend $600mn to Indonesian state-owned utility PLN to improve grid reliability and resilience in western and central Java, and to renewable energy.
REM: Western Spirit transmission line sold to PNM Resources for $285mn
Public Service Company of New Mexico has closed its $285mn purchase of the Western Spirit transmission line in New Mexico. The line will accommodate up to 800 MW of new wind energy in the eastern part of the state.
Libyan contradictions and contraindications
The Libyan oil sector appears to be drawing interest from several major IOCs, but the impending presidential election could spark enough turmoil to prevent a new wave of investment.
Eagle LNG, WEB Aruba sign agreement on LNG terminal construction
US-based Eagle LNG Partners has struck an agreement with WEB Aruba, the national water and power provider of Aruba, on the construction of an LNG regasification terminal at the site of an existing oil refinery in San Nicolas.
NorthAmOil: Suncor, Cenovus to ramp up spending in 2022
Canadian oil sands giants Suncor Energy and Cenovus Energy have both said that they intend to raise their capital expenditure and production in 2022.
MEOG: Iraq turns to Majnoon
LatAmOil: Eagle LNG, WEB Aruba sign agreement on LNG terminal
US-based Eagle LNG Partners has struck an agreement with WEB Aruba, the national water and power provider of Aruba, on the construction of an LNG regasification terminal at the site of an existing oil refinery in San Nicolas.
GLNG: Excelerate begins deliveries to Bahia LNG
Excelerate Energy announced on December 8 that it had begun receiving gas deliveries at Brazil’s Bahia LNG import terminal in Salvador, Bahia State.
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