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Brazil expands natural gas capacity alongside offshore wind legislation
Brazil has approved a new legal framework for offshore wind energy, paving the way for the addition of 4.25 GW of natural gas thermoelectric plant capacity. This initiative is expected to support the integration of new pipeline networks.
EU, Brazil, California and Panama join Global Offshore Wind Alliance
The EU, Brazil, Panama, and the US state of California officially endorsed on December 5 the Global Offshore Wind Alliance (Gowa). The announcement came during the UN COP28 climate conference held in Dubai.
Brazil's base oils output plummets 62% in October on maintenance schedules
According to the National Agency of Petroleum, Natural Gas and Biofuels (ANP), the country's output in October stood at 22,515 cubic metres (20,265 tonnes), down significantly from 52,370 cubic metres during the same period the previous year.
Iran’s petchem exports down 18% in first seven months
Iranian petrochemical exports plunged 18% in the first seven months of the current Persian calendar year (March 21-October 22), with exporters blaming the noticeable drop on the monetary policies of the Central Bank of Iran (CBI).
South Africa’s Cabinet approves updated energy generation plan
Kenya at risk of below value sale of state entities
Masdar advances 10GW Africa energy transition growth plan
UAE-based Masdar is advancing a 10-GW growth plan across six Sub-Saharan nations. The announcements were made during COP28, in Dubai in the UAE.
Nigeria's new Dangote oil refinery projected to generate $27bn annually
The refinery, built by the Dangote Group, has a daily processing capacity of 650,000 barrels per day and will initially refine 350,000 bpd. Inaugurated in May, it is set to begin operations in December.
Kenya plunged into darkness as country suffers third nationwide power blackout in four months
Kenya was hit by another nationwide power blackout over the weekend, plunging the country into darkness for hours and paralysing operations at the main airport.
Colombia appoints new head of hydrocarbons regulator
Vietnam and Laos deepen energy cooperation with focus on electricity and coal
Vietnam and Laos have taken significant steps to strengthen their ties in the energy sector, placing particular emphasis on importing electricity and coal from Laos
Nigeria’s $20bn Dangote oil refinery receives first crude shipment
Libya plans to raise crude production by 100,000 bpd in 2024
Libya’s National Oil Corporation plans to increase its crude output by 100,000 barrels per day (bpd) in 2024, its head, Farhat Bengdara, told The National. Higher production gives NOC a chance to replace reduced crude supplies from other places.
Renewables grow in Poland’s energy mix in 2022
Energean signs $110mn deal with Chariot to co-develop two offshore licences in Morocco
London-based Energean signed partnership agreements worth around $110mn (€102.2mn) with energy group Chariot to support operations of two offshore licences in Morocco, according to a statement over the weekend.
New Bulgaria-Serbia gas pipeline put into operation
Bulgarian president says interconnection that will carry Azeri gas to Serbia “changes the energy map of Europe”.
DMEA: Major oil companies pledge to cut methane emissions
AsianOil: Thailand faces energy dilemma amid global uncertainties
AfrOil: Shell allots $5bn to Bonga North
Russian gas giant Gazprom pledges stable dividend payments
Possible changes in the debt leverage ratios should not affect Russia’s natural giant Gazprom's management's dividend proposals, Renaissance Capital wrote citing the deputy chairman of the management board, Famil Sadygov.
LatAmOil: ExxonMobil committed to Guyana despite Venezuelan vote
Iran to get Chinese assistance to make oil and gas fields AI-oriented
Iran plans to launch a joint venture with Chinese tech companies to employ artificial intelligence (AI) to “digitalise” production in its oil and gas fields, the research and technology head of the National Iranian Oil (NIOC) said.
PTTEP achieves offshore discoveries in Malaysia, moves to engineering phase
PTTEP has announced a series of discoveries offshore Malaysia, unveiling new findings in three fields off Sarawak
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