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Turkey, Syria tandem could mean piped Qatari gas for Europe and a supercharged Middle East clean energy transition
Prize could be huge for Ankara and Damascus if the Syrian fighting is really over.
French private sector investor Proparco pours $5mn in Equator Africa Fund to back early-stage climate tech ventures
Fugro wins remote subsea survey contract from Petrobras
Dutch geo-data specialist Fugro secured a 175-day contract extension from Brazil's national oil company (NOC) Petrobras to conduct fully remote subsea inspection surveys of shallow-water infrastructure
Brazil’s PetroReconcavo to buy gas assets for $65mn
Brazilian oil producer PetroReconcavo agreed to acquire a 50% stake in Brava Energia's natural gas infrastructure in the Potiguar Basin for $65mn, expanding its footprint in Brazil's northeastern gas market
Brazil’s ATP, Canada’s Petro-Victory mull purchase of 13 mature onshore fields
Canadian-listed Petro-Victory Energy and Brazil's Azevedo e Travassos Petroleo (ATP) have signed an exclusivity agreement to negotiate buying 13 oil-producing fields from Brava Energia.
Seadrill wins $493mn Petrobras contract for drillship
Seadrill secured a three-year contract from Brazil's national oil company (NOC) Petrobras for its ultra-deepwater drillship West Jupiter, worth $493mn
Zimbabwe plans to solarise 1mn rural households by 2030
Guyana's $60mn fuel facility awaits EPA nod amid energy sector growth
A groundbreaking $60mn fuel blending facility in Guyana, the first of its kind in the country, is awaiting environmental approval from the Environmental Protection Agency.
Argentina's Petrolera Aconcagua Energia weighs up international bond issuance
Oil producer Petrolera Aconcagua Energia SA is exploring an international bond issuance, seeking to capitalise on the new opportunities created by President Javier Milei's market-friendly reforms in Argentina's energy sector.
Grenergy sells $962mn stake in Chilean renewable assets to KKR's ContourGlobal
Grenergy, the Spanish renewable energy company, has reached an agreement to sell a portion of its Chilean asset portfolio to ContourGlobal, a KKR company, in a deal valued at $962mn.
PANNIER: Why the Turkmenistan, Iran gas “friendship” is back on
In tough struggle to find new export markets, Turkmen even agree to Iranian contractors building infrastructure in tightly controlled Central Asian country.
Shell and YPF to announce joint LNG project in Argentina
YPF and Shell are set to announce a landmark memorandum of understanding for the development of Liquefied Natural Gas from Argentina's Vaca Muerta formation.
Argentina extends YPF's oil transportation concession by 10 years
Argentina's government has extended YPF SA's oil transportation concession for ten years through Decree 1106/2024, signed by President Javier Milei.
ExxonMobil Guyana marks fifth anniversary of oil production, turning Guyana into global oil giant
ExxonMobil Guyana has marked its fifth anniversary of oil production, celebrating a milestone that has transformed the South American nation into the world's third-largest per-capita oil producer since operations began in 2018.
Ghana’s LPG consumption rises amid economic recovery
Panama records sharp November drop in ship fuel sales
Panama's marine “bunker” fuel sales fell sharply in November after hitting their highest level since 2019 the previous month, official data shows.
Iran to add 500MW solar capacity by year-end, targets 4GW expansion
Iran plans to add 500MW of solar power capacity by the end of the current Iranian year, as part of a broader initiative to expand its renewable energy infrastructure by more than 4,000MW by next year.
World Bank back in the hydrodam business, to fund completion of Tajikistan’s Rogan HPP
The World Bank has flip-flopped on investing in big hydropower dam projects over the last two decades, but in a reversal of policy it has just decided to fund the completion of Tajikistan’s massive Rogun hydropower dam (HPP).
Kazakh authorities attribute 3% decline in oil production to Western-led Tengiz and Kashagan projects
AfrElec: Aba Power to deliver 20-MW power line to Nigeria's Owerrenta Industrial Zone in January 2025
Czechs rush to order solar panels before cut in subsidies
Romanian Nuclearelectrica signs €1.9bn refurbishment contract for Cernavodă nuclear plant
Romanian state-owned nuclear energy operator Nuclearelectrica (BVB: SNN) announced it has entered into a €1.9bn engineering, procurement, and construction (EPC) contract to refurbish Unit 1 of the Cernavodă Nuclear Power Plant.
South Africa’s power utility Eskom announces FY2024 results, forecasts profit for FY2025
South Africa’s state-run power utility Eskom on December 19 released its group annual results for the financial year (FY) 2024 from 1 April 2023 to 31 March 2024.
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