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REM: Dominion may abandon 2.6-GW wind project off Virginia if regulators require performance guarantee
Dominion Energy Virginia says it will abandon its planned 2.6-GW offshore wind farm off the US MidAtlantic coast if state regulators do not reverse their decision to guarantee a certain performance for the $9.8bn project.
GLNG: ZIM, Shell sign 10-year LNG bunkering deal for new container ships
ZIM Integrated Shipping Services (Israel) has secured fuel supplies for 10 new LNG-powered ships that are due to enter its fleet in 2023-2024 under a long-term bunkering contract with a subsidiary of Shell (UK).
AsiaElec: Africa seeks Japanese renewables investment
Iran delivers Ukraine ‘peace initiative’ to Russia from unnamed European leader
Moscow trip of Tehran’s top diplomat, meanwhile, fails to provide clear signal that a nuclear deal relaunch is on the horizon, but hopes are rising.
Sanction-defiant Gazprom to pay $20bn in first ever interim dividend
Russian natural gas giant Gazprom saw its share price on Moscow Exchange jump by over 30% on August 31 after it announcement will pay interim dividends for the first time ever of RUB1.2 trillion ($19.6bn) for 1H22.
YPF’s export agenda
YPF's plan to build Argentina’s biggest oil export terminal in Rio Negro may not be enough to ensure that Vaca Muerta realises its full potential.
Turkmenistan: The price isn’t right
Food subsidies to end, Russia seeks closer ties, and energy news. This and more in Eurasianet’s weekly Turkmenistan briefing.
European gas storage tanks reach 80% full target
The EU now stands on the brink of reaching its long-stated goal of filling its natural gas storage facilities to 80% of capacity – two months early. The target was considered ambitious but the market has done its thing.
Electricity supply crisis in Kosovo worsens after failure of Obiliq TPP unit
Kosovo has the world's fifth largest lignite reserves of up to 14bn tonnes, but its thermal power plants are outdated and constantly need repairing.
NorthAmOil: Shell, Energy Transfer sign Lake Charles LNG offtake agreement
Shell and Energy Transfer have signed a 20-year sales and purchase agreement for 2.1mn tonnes per year of LNG produced at the planned Lake Charles LNG project in Louisiana.
AsianOil: China resells LNG to Europe
EurOil: Germany looks to Canada for energy supplies
FSUOGM: CPC suspends oil loadings from two mooring points
MEOG: Giants Brigades retake Shabwa fields
LatAmOil: APA announces find at Block 53 offshore Suriname
US-based APA Corp. has made its first discovery of hydrocarbons at Block 53 offshore Suriname in the Baja-1 exploration well.
DMEA: TotalEnergies says it will continue building Arzew petchem plant in Algeria
TotalEnergies (France) will continue working to build a petrochemical plant in Algeria’s Arzew region, denying a report published earlier by African Intelligence.
AfrOil: South Africa expects TotalEnergies to submit Luiperd development plan
Phindile Masangane, the CEO of Petroleum Agency South Africa (PASA), has said she does not expect TotalEnergies to let its licence for Block 11B/12B lapse as a deadline for submitting production plans approaches.
AsiaElec: China faces power cuts and drought
Ministers warn Bulgaria risks losing billions of dollars in arbitrage against Gazprom
Caretaker government's decision to open talks with Russian gas giant sparked thousands-strong protest in Sofia.
Croatia ramps up power production from fossil fuels
Net electricity production was up 14% y/y in June due to a significant rise in thermal power production, while hydropower generation fell.
Diesel fuel prices in Turkey climbing again
In Istanbul, diesel up 258% y/y and gasoline higher by 173% y/y.
Kazakhstan: Spectre of Chinese control over oil and gas largely illusory
For all its billions spent, China still controls only a small share of Kazakh oil output.
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