Harbour gets greenlight to develop Talbot
Harbour Energy has been given the green light to push ahead with its 18mn-barrel Talbot oilfield development in the UK North Sea, with production slated to start in late 2024.
South Korea’s LG to invest $5.5bn in battery factory in US
South Korean battery manufacturer LG Energy Solution has announced a plan to increase its investment in a battery manufacturing plant in Arizona from an initial $1.4bn to $5.5bn.
US replaces Russia as Europe's top oil supplier in December
The US has replaced Russia as Europe’s main oil supplier, according to data published by Eurostat on March 28, accounting for 18% of EU crude imports.
Moscow may demand compensation for damages to Nord Stream pipes
Russia might seek compensation for the damage sustained to the Nord Stream 1 and 2 pipelines in September last year as a result of suspected sabotage, a government official has said.
ADNOC, BP make joint offer for NewMed Energy
South Africa’s power utility Eskom returns Ugandan hydropower plants as licence expires
South Africa's national power utility Eskom has returned two hydropower plants to Uganda's government after the East African country’s authorities decided not to renew its licence.
Westinghouse, EDF to carry out pre-project studies on construction of new nuclear units in Bulgaria
Gazprom LNG supplies to GAIL India to resume
A one-time subsidiary of Russian energy giant Gazprom is set to resume a long-standing LNG supply contract to GAIL India.
Croatian INA, Italy’s KT agree to hike cost of residue upgrade project at Rijeka oil refinery
Red Rock Resources' lithium project in Zimbabwe undergoes environmental sustainability processes
China Energy floats idea to build 1,000-MW floating solar farm in energy-deficient Zimbabwe
Goldwind, Vestas in photo finish for top global wind turbine spot
According to a report by research firm BloombergNEF, global wind capacity additions dropped by 15% in 2022 following two years of record growth.
Japan’s TEPCO secures rights to develop 1.9 GW of floating wind off Scotland
Tokyo Electric Power Co. (TEPCO) Holdings has secured the rights to develop up to 1.9 GW of floating offshore wind capacity across two projects in Scotland. The development will be in concert with Norway’s Vargronn.
Zambia, DR Congo sign financing agreement for study towards building local electric vehicle-battery value chain
India considers building strategic LNG reserve
India is giving thought to creating a strategic reserve for LNG following serious supply storages and price fluctuations during the Covid pandemic and the war in Ukraine, according to the finance director at Petronet, Vinod Kumar Mishra.
Energy minister urges Ecuador to cut oil output target by 40,000 bpd in 2023
Ecuador’s Energy Minister Fernando Santos has said that the country ought to reduce its oil production target by 40,000 bpd due to protests, natural disasters and other disruptions.
Nuevo Leon state government threatens to penalise Pemex for incident at Cadereyta refinery
The state government of Nuevo Leon in northern Mexico has threatened to penalise Pemex for a recent incident that led to an increase in visible emissions from the Cadereyta refinery.
Trinidad and Tobago’s former energy minister says lagging gas output undermines IMF optimism
Trinidad and Tobago's former energy minister has cited lagging gas output as reason to doubt the IMF's optimism about the potential for the country's economy to grow this year.
Construction to start on He Dreiht offshore wind project
German power utility EnBW (Energie Baden-Wuerttemberg) has made the final investment decision on its 960-MW He Dreiht wind project in the German North Sea and agreed to sell a 49.9% stake in the scheme.
New offshore wind farms totalling 2 GW for Italy
Italy’s renewable energy company GreenIT and Copenhagen Infrastructure Partners (CIP) are to develop three floating offshore wind projects in Latium and Sardinia.
Work begins on German offshore wind projects
Offshore installation company Jan De Nul has begun work on the transportation and installation (T&I) contract for construction in Germany of Ørsted’s 242-MW Gode Wind 3 and 900-MW Borkum Riffgrund 3 offshore wind farms.
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