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Qatar and UAE turn to ship-to-ship transfer outside Strait of Hormuz
Qatar and the United Arab Emirates have commenced doing ship-to-ship transfers outside the Strait of Hormuz for LNG cargoes.
Sri Lanka's coal generation falls to 11.7% due to coal shortage
Sri Lanka’s coal-fired power generation fell to 11.7% of total electricity output on September 3 as dwindling stocks forced the country’s only coal-fired power station to reduce generation, shifting greater reliance to hydropower and oil-fired plants
Inox Wind wins repeat 100-MW turnkey order from Indian Oil
Poland’s Orlen CEO says GAP deal can close soon despite LyondellBasell arbitration proceedings
Poland's biggest energy group Orlen's CEO said on September 3 he was optimistic about closing the acquisition of chemical firm GA Polyolefins (GAP) despite an ongoing legal dispute with its joint venture partner LyondellBasell (LYB).
LOCA launches Laos’ first green bond to drive EV expansion
LOCA has listed Laos’ first green bond, with the proceeds set to fund a nationwide expansion of electric vehicle (EV) charging infrastructure.
Pakistan again seeks LNG cargo after two failed attempts amid high prices
Pakistan has begun a new bidding round for the purchase of an LNG cargo for September after two failed attempts due to Islamabad being spooked by sky-high prices.
Iran allocates €500mn to revive oil export infrastructure
Iran has set aside €500mn ($583mn) for top priority projects aimed at modernising infrastructure supporting the country’s oil exports, the head of the Iranian Oil Terminals Co. (IOTC) said.
IRGC reportedly warns away ships at Strait of Hormuz
At least three tankers and an LNG carrier have turned back from the southern route through the Strait of Hormuz after warnings from Iran’s Islamic Revolutionary Guard Corps (IRGC).
Iran’s South Azadegan oil output climbs 40% in two years, official says
Crude oil production from Iran’s South Azadegan field in southwestern Khuzestan province near the Iraqi border has surged by more than 40% over the past two years, the CEO of state-run Petroleum Engineering and Development Co. (PEDEC) said.
TotalEnergies reportedly slowing Iraqi gas project amid regional volatility
TotalEnergies is decelerating the deployment of capital into its $10bn energy infrastructure programme in southern Iraq
Norway’s Equinor receives first US LNG cargo from Cheniere
Equinor has received its firs LNG cargo from the US Gulf Coast with a delivery made from Cheniere Energy’s Sabine Pass facility.
Uzbekistan downgrading its nuclear cooperation with Russia
Rosatom appears on outs with Tashkent.
Fuel prices in Turkey break fresh records over unending Iran War
Sharp hikes reflect combination of global oil market turbulence and persistent domestic currency pressures.
US swings sanctions stick at Turkish bank accused of smuggling Chinese oil payments to Iran in gold
American ambassador to Ankara at great pains to describe move as aimed at “one entity”, not at a nation, banking system or ally.
Greenpeace protests offshore oil and gas exploration in Bulgaria's Black Sea
Greenpeace activists staged a protest in Bulgaria's Black Sea against plans for new offshore oil and gas exploration, unfurling a giant banner reading "GAS IS A SCAM" from kayaks off the coast of Burgas.
North Macedonia regulator approves TE-TO treasury share sale
Brazil oil output hits record 4.5mn barrels per day
Brazil’s oil production reached a record 4.5mn barrels per day in July, up 0.5% from June and 13.6% from a year earlier, according to data released by the National Agency of Petroleum, Natural Gas and Biofuels (ANP).
Brazil tax tribunal cancels $650mn Petrobras claim
Brazil’s administrative tax appeals court, Carf, has overturned a BRL3.4bn ($650mn) tax assessment against Petrobras, removing a major fiscal contingency for the state-controlled oil company.
Montenegro plans €50mn project to decarbonise heating in Pljevlja
North Macedonia’s OKTA commissions first 4 MW battery storage units as part of energy transition project
Egypt in advanced talks with Rosatom for 3D Printing centre
US LNG exports climb in August
US LNG exports saw an uptick in August as European countries purchased higher volumes to shore up ahead of winter.
Venture Global’s Plaquemines Phase 2 on schedule for deliveries
Venture Global’s Plaquemines Phase 2 is on schedule to commence deliveries of contracted LNG cargoes.
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