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Montenegro’s biggest industrial plant KAP to halt production amid surging electricity prices
Montenegrin power company EPCG plans to hike the price it charges for electricity from January in line with rising prices on international markets.
COMMENT: Russia coal mine explosion also highlights environmental tragedy
A methane explosion killed 52 people at a coal mine in Siberia on November 25 – the worst accident in a decade. But coal mine methane has a profound impact on the environment too. But fixing the problem could generate hundreds of millions of dollars.
Kenya dismisses rumours on LAPSSET land acquisition, says surveys will begin soon
Kenya’s government is seeking to deny reports that it has already begun the process of land acquisition in Turkana County for the Lokichar-Lamu Crude Oil Pipeline (LLCOP) project, a component of the LAPSSET initiative.
Turkmenistan: Door to Hell slammed shut
As hopes for an Afghanistan gas pipeline fade again, there is more upbeat news to the west.
Loan guarantee for Bosnia’s Tuzla 7 coal plant confirmed as illegal
Further blow for Bosnian Federation's plans to update coal-fired power plant with Chinese loan after US supplier GE pulled out in June.
AfrElec: Cote d’Ivoire signs power supply agreement with Guinea
NorthAmOil: Canadian regulator rejects Enbridge’s Mainline contracting plan
The Canada Energy Regulator (CER) has rejected Enbridge’s proposal to change how it allocates capacity on its Mainline system.
MEOG: Major field development plans
LatAmOil: Eco hopes for light oil find at Orinduik
UK-based Eco (Atlantic) Oil & Gas is optimistic about the prospects for a major discovery at the Orinduik block offshore Guyana, noting that the eastern section of the site is very close to ExxonMobil's Liza oilfield.
GLNG: McDermott reports completion of net-zero LNG construction study for Shell
McDermott International said this week that it had recently completed a study for Shell Global Solutions International, aimed at reducing greenhouse gas emissions during the construction of LNG projects.
FSUOGM: Gazprom to use gas crisis windfall to boost capex
EurOil: Neptune owners reportedly mull sale
DMEA: Aramco denies deal is dead
AsianOil: Australia releases 20-year gas sector strategy
The Australian government released its first full National Gas Infrastructure Plan (NGIP), alongside the Future Gas Infrastructure Investment Framework, late last week.
AfrOil: Kenya dismisses rumours on LAPSSET land acquisition
Kenya’s government is seeking to deny reports that it has already begun the process of land acquisition in Turkana County for the Lokichar-Lamu Crude Oil Pipeline (LLCOP) project, a component of the LAPSSET initiative.
LONG READ: East Europe fares better than West in gas crisis thanks to pricing terms
Europe has made a concerted push to end long-term contracts and switch to shorter-term gas hub prices. Countries in northern Europe that made that change have been burnt by the current gas price spike but those in the south that didn't fared better.
Gazprom says it will use windfall gas crisis cash to up boost capex
Capital spending levels at Russia’s Gazprom are once again creeping upwards, as the company prepares to ramp up gas supplies to China and expand development in the Russian Arctic.
Kazakhstan looks to nuclear amid crypto-driven energy shortage
The country no longer has a choice, the president says.
Moldova disburses €70mn from state budget to pay gas bill to Gazprom
Russian gas major had threatened to switch off gas supplies to Moldova over unpaid gas bill.
Braskem Idesa JV sees US ethane imports reach record high in September
Braskem Idesa (BI), the Brazilian-Mexican joint venture that owns the Nanchital petrochemical complex in Veracruz State, reported recently that it had seen ethane import volumes climb to an all-time high in September of this year.
AsiaElec: Electricity demand in SE Asia to rise in 2021
Electricity demand in Southeast Asia is likely to increase in 2021, following slow growth or contraction in 2020, thanks to state support that has mitigated the impact of pandemic on power consumption, Fitch Ratings says in a new report.
Bosnia risks running out of coal as miners refuse to return to work
Miners have gone home after two days of protests in Sarajevo, but say they won't return to the mines until their demands are met.
AfrElec: India’s JSPL to build coal mine in southern Africa
REM: Wind power must not become too cheap, says leading turbine maker
Wind power could become too cheap, trimming the profit margins of component manufacturers too much, said Andreas Nauen, chief executive of Siemens Gamesa, in an interview in Copenhagen with Reuters.
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