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REM: COP26: IKEA, Bezos and Rockefeller and multi-lateral banks pledge $10bn for green energy transition.
Global philanthropies – the IKEA Foundation, Bezos Earth Fund and Rockefeller Foundation – and development banks have pledged $10.5bn for the green energy transition and renewable energy. The pledge was made at the UN climate talks, COP26.
Nuclear deal talks restart date announced on same day Iran accuses US of interdicting Iranian oil tanker
Negotiations to resume in Vienna on November 29. Americans deny interfering with vessel.
MEOG: Aramco results and Iraq deals
DMEA: Zarqa expansion and Duqm update
NorthAmOil: North American producers report improved performances on higher prices
Earnings season is in full swing, and a growing number of North American producers are reporting stronger performances thanks to commodity prices being at multi-year highs.
GLNG: Saipem sees Mozambique LNG project restarting in mid-2022
Italian energy services provider Saipem said on October 28 that it expects work on the Mozambique LNG project, which was put on hold this year for security reasons, to restart around mid-2022.
EurOil: Shell resists break-up call
FSUOGM: Gazprom stockpiling domestically
LatAmOil: ExxonMobil’s third disappointment at Canje block
ExxonMobil (US) has reportedly completed its third exploration well at the Canje block offshore Guyana without discovering commercial hydrocarbon reserves.
Former Sonangol director says local content initiatives are having little effect
Angola has made efforts to increase local content in oil and gas projects involving international oil companies, but its approach has had only limited effects, according to a former director of Sonangol.
AsianOil: Santos, Beach reach FID on Moomba CCS
Santos and Beach Energy have reached a final investment decision on their $165mn Moomba carbon capture and storage project in South Australia.
AfrOil: Former Sonangol director pessimistic about local content
Angola has made efforts to increase local content in oil and gas projects involving international oil companies (IOCs), but its approach has had only limited effects, according to a former director of state-owned Sonangol.
bneGREEN: Russian miners bring surprise nugget to the surface for global carbon fight
For a world increasingly focused on global warming, the Russian mining and metals sector wouldn’t ordinarily be the first place to look for good news. But a new report says the leading companies are cleaning up their act.
ENERGO: Czech government to file a criminal complaint against bankrupt Bohemia Energy company
AfrElec: KenGen posts $132.7mn profit before tax in FY2020-21
Rosneft announces energy transition strategy as climate conference approaches
“We are currently developing a new company strategy, with the central priority of adapting to the challenges of energy transition and integrating the ‘green agenda’ into our business,” said Sechin.
Nord Stream 2 poses no threat to European energy security: Germany
Germany’s government has determined that the Nord Stream 2 poses no threat to European energy security, clearing a key obstacle to the pipeline’s commercial launch.
Erdogan reportedly pulls out of COP26 after security downgrade
British organisers said to have put restrictions on size of Turkish delegation and motorised vehicles.
Turkey signs MoU for $3.2bn of Green Climate Fund loans
Moldova seals 5-year contract with Gazprom
Moldova's long-term contract with Gazprom expired at the end of September, leaving the country vulnerable at a time when energy prices have surged across Europe.
Putin tells Gazprom to increase European gas supply
Gazprom will first finish pumping gas into Russia’s own underground storage facilities. Once this process is completed, Putin has instructed Gazprom CEO Aleksei Miller to begin pumping gas to similar facilities in Germany and Austria.
Foresight Group seals 200-MW Dutch geothermal deal
UK-listed private equity infrastructure investor Foresight Group Holdings aims to build 200 MW of geothermal heat capacity in the Netherlands through a joint venture with 85 Degrees Renewables.
EU gives Moldova €60mn grant to mitigate energy crisis
Moldova has been struggling to pay for gas from alternative sources after Russia's Gazprom cut supplies on October 1.
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