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Pemex reveals additional details of Zama development plan
Mexico’s national oil company Pemex has made additional details of its plan for development of the Zama oilfield available to the public.
Russia still top US uranium seller despite 24% cut in 2022
The US in 2022 reduced its purchase of uranium feedstock from Russia by 24% year on year to 4.78mn pounds of U3O8 equivalent. This volume includes natural uranium (U3O8, oxide), uranium hexafluoride (UF6) and enriched uranium.
Iran, Venezuela sign petrochemical deal
Iran and Venezuela signed a memorandum of understanding on Monday to increase co-operation in the petrochemical sector, improving an already close relationship in oil.
LPG’s role as Africa’s transitional fuel
LPG has an important role to play in Africa’s energy transition, and while some lenders may baulk at the thought of financing fossil fuel-related projects, in this case that viewpoint is neither pragmatic nor helpful
Lukoil’s Alekperovs consolidate oilfield service business
The family of the main shareholder of Russia’s second-largest oil producer Lukoil, Vagit Alekperov, is expanding its presence in the oilfield service business, Kommersant daily reported.
Venture Global LNG spars with offtakers over LNG deliveries
Venture Global LNG is disputing with offtake customers over delayed commercial deliveries of liquefied natural gas.
Ørsted pares back global offshore wind ambitions
Ørsted, the leading offshore wind developer globally, has pared back its offshore wind ambitions from 30 GW by 2030 to 28 GW as it reassesses projects in the US, Taiwan Vietnam and Poland. This was revealed at the company’s capital markets day.
Galileo Resources signs contract for exploratory drilling at lithium permit in Zimbabwe
BW Energy, Panoro announce completion of second well in Gabon’s Hibiscus/Ruche development
The Hibiscus/Ruche Phase I development offshore Gabon has achieved a significant milestone, according to BW Energy (Norway), as the DHIBM-4H production well has been successfully drilled, completed and handed over to production operations.
Serbian power company EPS faces strike
Two distinct factions within the Union of Workers of Serbia’s power company EPS are preparing for a strike, fueled by their dissatisfaction with the ongoing developments within the company
Serbia announces Western Balkans' biggest renewable energy auctions
Serbia prepares its initial auction for projects that use renewable energy sources, focusing on wind and solar power
Contracts awarded for Saudi pipeline, drilling work
Contracts have been awarded for work to improve gas connectivity in Saudi Arabia as the country continues to build out utilisation of the resource. Another deal was awarded for oilfield services, with a focus on drilling.
KPC touts success of bottom-loading facility at Nakuru fuel depot
The marketing director of KPC says OMCs in Nairobi and elsewhere see the Nakuru depot as the best place to fill their tankers, following the installation of a bottom-loading facility.
Uganda says more than 11,670 people have found jobs in oil and gas sector
The Petroleum Authority of Uganda (PAU) says the country’s oil and gas sector has provided employment to more than 11,670 individuals, with over 93% of the jobs being held by Ugandan citizens as of May 2023.
Lithuania's KN to invest €300 million by 2030
First US commercial-scale offshore wind farm achieves ‘steel in the water’
Vineyard Wind, under construction off the north-eastern US, has announced the start of major construction, marking a major milestone in the project.
As US confirms indirect talks with Iran, devil or cherub is in hidden detail
Some reports talk of Israel being able to live with a “mini deal” between Tehran and Washington, rather than a nuclear deal mark II.
Mitsui, Toyo Construction to form joint venture on offshore wind
Japanese shipping giant Mitsui OSK Lines (MOL) and Toyo Construction will form a joint venture on offshore wind. The companies had first announced they would consider a JV in February 2022.
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