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Poland presents timetable for ending Russian energy imports by 2023

31 March 2022

Poland will end buying Russian coal by May, and stop Russian oil and gas imports by the end of December.

REM: Trudeau unveils C$9.1bn plan to meet 2030 carbon targets

30 March 2022

Canada has unveiled a multi-billion dollar plan to cut carbon emissions, including a clean electricity standard (CES). The plan, presented by Prime Minister Justin Trudeau, includes C$9.1bn ($7.3bn) in new spending to meet carbon emissions.

AfrElec: Ghana ready to phase out fossil fuels for renewable energy

30 March 2022

The lack of resources could affect the transition to cleaner energy.

NorthAmOil: Shell starts production at PowerNap project in Gulf

30 March 2022

Shell announced on March 29 that it had started production at the PowerNap project in the US Gulf of Mexico.

LatAmOil: SENER formally names Pemex as operator of Zama oilfield

30 March 2022

US-based Talos Energy has confirmed its receipt of documents from Mexico’s Secretariat of Energy (SENER) finalising the decision to award Pemex control of the offshore acreage that includes the Zama oilfield.

GLNG: Tellurian starts construction on Driftwood LNG

30 March 2022

US-based Tellurian announced on March 28 that it had kicked off construction on its Driftwood LNG terminal on Louisiana’s Gulf Coast.

AsianOil: Sinopec plans biggest capex budget in history

30 March 2022

China’s Sinopec is targeting the largest capital expenditure budget in its history for 2022.

AfrOil: NUPRC highlights oil thefts from Bonny, Forcados, Brass pipeline networks

30 March 2022

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has identified the pipeline networks serving the Bonny, Forcados and Brass terminals as the biggest sources of crude oil theft in the country.

Hidroelectrica shareholders poised to announce long-awaited IPO

30 March 2022

Listing of Romanian energy company Hidroelectrica expected to result in a major IPO estimated at around €1.8bn.

Rosneft-owned Schwedt refinery near Berlin puts the problems with sanctioning Russian oil under the spotlight

30 March 2022

The oil refinery in Schwedt supplies Berlin with 95% of its oil products, but it is owned by a Russian oil company and imports all its oil from Russia. Forcing it to stop is not so easy, the German government has found.

Ireland's Avolon and Turkey's Gozen to pioneer 'flying taxi' services in heavily congested Istanbul

29 March 2022

Avolon among launch customers for up to 1,000 zero-emission electrical vertical takeoff and landing (eVTOL) aircraft being developed by New York-listed Vertical Aerospace.

Rosatom reportedly pulling out of Paks project

29 March 2022

State-owned Russian energy company could struggle to fulfil delayed nuclear contract because of sanctions over Ukraine war.

COMMENT: Russia could lose its gas customers if it insists on payment in rubles

29 March 2022

Converting payment for gas exports into rubles is a solution to a short-term problem that runs the risk, with a high probability, of completely losing the sales market in the long term.

Ukraine’s almost impossible switch from Russian to the European power grid during invasion

29 March 2022

On the day before the war with Russia started, Ukraine managed to unhook itself from the Russian electricity grid and hook itself up to the European grid. Within two weeks the two systems were synchronised, the fastest synchronisation ever.

G7 refuses Russian demand for its gas to be paid in rubles

29 March 2022

The G7 group of industrialised economies has unanimously agreed to refuse Moscow's demand that all gas imports from Russia be paid in rubles, saying that this is a breach of contract.

Uzbekistan puts up ‘for sale’ sign amid chill of Ukraine war

28 March 2022

Tashkent is selling its "crown jewels," but Russia's war in Ukraine is dampening the mood.

Albania to hold monthly car-free days as fuel crisis bites

26 March 2022

The move was motivated by both environmental concerns and – more urgently – the need to reduce fuel consumption at a time when prices have risen sharply, sparking a series of protests.

ING: Pressure to reduce Russian gas dependence builds – but there’s no silver bullet for sectors

25 March 2022

Corporate decision-makers have a handful of measures available to them to significantly reduce gas demand from Russia. Gas to coal switching, curtailment of industrial production and lowering thermostats can have a big impact.

ANP head comments on projected pace of Brazil’s oil production increase

25 March 2022

Rodolfo Saboia, the director-general of Brazil’s ANP, said last week that his country was on track to raise its hydrocarbon production by 3mn barrels of oil equivalent per day by the end of the decade.