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AsianOil: Sarawak awards onshore project to Petra Energy, Uzma

22 June 2021

Sarawak state-owned Petroleum Sarawak (Petros) has awarded the development contract for onshore Block SK433 to Malaysian independents Petra Energy Development and Uzma Engineering.

Albania launches first wind power tender

21 June 2021

Tirana is seeking to set up wind and solar generation to reduce reliance on hydropower.

Gazprom confesses to several big methane leaks this year

21 June 2021

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

21 June 2021

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

20 June 2021

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

19 June 2021

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

17 June 2021

Trinidad and Tobago is looking into the possibility of diversifying into hydrogen production, Prime Minister Keith Rowley said.

AFRELEC: Globeleq begins grid-scale solar storage project in Mozambique

17 June 2021

Africa-focused IPP Globeleq has begun to build a 9-MW solar and 7-MWh energy storage project at Cuamba in northern Mozambique.

ASIAELEC: Sembcorp to buy up solar and wind projects in India

17 June 2021

Singapore’s Sembcorp is looking to acquire Indian solar and wind projects as it aims to quadruple its Indian renewable capacity to 10 GW by 2025.

Russian government tweaks 50% dividend payout rule for state companies

17 June 2021

Russia's Prime Minister Mikhail Mishustin signed a new order on dividend payments for state companies, which brings clarifications to adjusted net income calculations for paying at least 50% of IFRS net profit, Izvestia reports.

ISTANBUL BLOG: Turkey’s “sea snot” crisis forces closure of coastal fertiliser plant

17 June 2021

As government claims it has sprung into action with a disaster management plan, scientist says: “The Sea of Marmara died in 1989. What we see is the decay of a corpse.”

ENERGO: Severstal to phase out thermal coal by 1Q22

16 June 2021

Russian steel major Severstal has announced that it will stop producing thermal coal at its Vorgashorskaya mine (part of Vorkutaugol’s Resource Division) as early as 1Q22, while local power stations will switch from thermal coal to gas.

McDermott-Sinopec consortium wins LoA for Tilenga EPCC services

16 June 2021

US-based McDermott International has formed a consortium with a subsidiary of China’s Sinopec to provide support services at the Tilenga oilfield in Uganda.

REM: Biden’s wind support moves forward

16 June 2021

The Biden administration will auction leases for offshore wind development off New York and New Jersey. The sale will be the administration’s first, and the ninth overall.

LatAmOil: Trinidad and Tobago eyes green hydrogen production

15 June 2021

Trinidad and Tobago is looking into the possibility of diversifying into hydrogen production, Prime Minister Keith Rowley said last week.