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Putin tells Scholz Russian strikes on Ukraine’s energy infrastructure inevitable, rejects Biden’s call for talks

2 December 2022

Speaking to a Western leader for the first time since September, Russian President Vladimir Putin told German Chancellor Olaf Scholz that Russian strikes on Ukraine’s energy infrastructure were “inevitable,” and rejected US calls for talks.

Swiss engineering giant ABB to pay South Africa over $144mn in punitive reparations due to corrupt Eskom contracts

2 December 2022

Swiss engineering giant ABB agrees to pay ZAR2.5bn in punitive reparations to South Africa over corrupt Eskom contracts

Energy efficiency investment turns the corner in 2022, but more is needed

2 December 2022

Global investment in energy efficiency could rise by 16% to $560bn in 2022, the International Energy Agency said, as governments and consumers respond to fuel supply disruptions and record-high energy prices.

US grants Chevron partial waiver from sanctions on Venezuela

2 December 2022

The US Treasury Department has given Chevron limited authorisation to resume oil production in Venezuela.

ING: Europe faces stiff competition for natural gas

2 December 2022

The collapse in European natural gas prices in recent months has created a false sense of security. While the current winter appears to be more manageable, the region will find it more difficult to build adequate storage for the 2023/24 winter.

LNG in Europe: ready or not?

2 December 2022

With the reliable supply of Russian gas to Europe a thing of the past since the eruption of war in Ukraine, many European countries have been scrambling to find alternative sources of energy. Many have turned to LNG.

Black Friday blackout in Ukraine

2 December 2022

Russia’s attacks on Ukraine’s energy grid caused Ukrainian retail to lose 30% of sales on Black Friday, Interfax Ukraine reported on November 30.

Ukraine lacks 27% of its electricity needs as blackouts continue to plague the country

2 December 2022

Ukraine currently lacks 27% of its electricity needs and blackouts prevail across the war-torn country, Interfax Ukraine reported on December 1.

Massa says Argentina’s government is drawing up new LNG export bill

2 December 2022

Argentina's government is drawing up new legislation with the aim of fostering the establishment of LNG export infrastructure and terminals.

The EU dependence on Russian energy charted

2 December 2022

While the US already banned imports of Russian energy in March and April shortly after the country's invasion of Ukraine, the EU as one of Russia’s crucial trading partners is taking longer to ween itself off Russian gas, oil and coal.

NorthAmOil: ExxonMobil, MHI to deploy CO2 capture technology

1 December 2022

ExxonMobil and Mitsubishi Heavy Industries (MHI) have joined forces to deploy MHI’s CO2 capture technology as part of ExxonMobil’s end-to-end carbon capture and storage (CCS) solution for industrial customers.

TC Energy approved to expand Nova Gas Transmission Line system, but some pipeline costs are rising

1 December 2022

Canada’s TC Energy has been approved to expand its Nova Gas Transmission Line (NGTL) gas pipeline system, which connects some 75% of Canada's overall production to domestic and export markets.

Enbridge, Oxy subsidiary to explore building a CO2 pipeline and sequestration hub near Corpus Christi, Texas

1 December 2022

Canada’s pipeline company Enbridge and Oxy Low Carbon Ventures, a subsidiary of Occidental, will work towards jointly developing a CO2 pipeline and sequestration hub near Corpus Christi, Texas.

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