Latest Stories
Japan’s JFE wins large-scale terminal deal in Taiwan
A Japanese engineering firm has been awarded a $230mn contract to oversee the planning and construction of a large-scale LNG receiving terminal in the north-west of Taiwan.
South Africa’s Treasury withdraws Eskom’s controversial accounting exemption
South Africa’s Treasury has withdrawn an exemption from reporting irregular spending in the state-owned power utility Eskom’s annual financial statements, following a public outcry against it.
Ørsted, Google sign first US power purchase agreement
Google has signed a 150-MW power purchase agreement with Ørsted to purchase renewable energy generated by the Helena wind farm in the US for the next 15 years.
EDP orders 1.8 GW of First Solar modules
EDP Renewables has placed an order for 1.8 GW of First Solar's thin-film photovoltaic solar modules. The modules will be used to power US projects developed by EDP Renewables (EDPR) North America, with deliveries scheduled up to 2028.
Baker Hughes to supply Qatargas with LNG compressors for North Field South project
US energy technology company Baker Hughes has said this week that it will supply two main refrigerant compressors to QatarEnergy for two LNG ‘mega-trains’ that will be constructed for the North Field South project to be operated by Qatargas.
Financial close for $1bn floating solar farm project in Zimbabwe to come before end-2024, promoter says
Microsoft joins world’s largest offshore wind ‘living lab’
The world’s largest offshore wind ‘living lab’ in the world will be created off the Grimsby coast in the UK with a 5G Testbed that allows technology providers to test their equipment.
Ghana IPPs reject debt restructuring of $1.4bn arrears owed by state, call for payment schedule talks
Global gas flaring drops 3% in 2022
The global oil and gas industry managed to reduce gas flaring by 3% last year to 139 bcm, from 144 bcm in the previous year, the World Bank reported on March 29 in its new Global Gas Flaring Report (GGFR), despite oil output rising by 5% to 80mn bpd.
Hungary seeks out Azeri gas via Southeast Europe
Hungary is teaming up with Bulgaria, Romania, Greece and Turkey to look at options for securing natural gas from Azerbaijan via Southeast Europe, Foreign Affairs and Trade Minister Peter Szijjarto has said.
Zambia signs $3.5bn deal with China Huadian Corporation for 2,400 MW renewable energy projects
Zambia’s power utility ZESCO has signed a power purchase agreement with a Chinese investor that plans to invest $3.5bn to build plants to generate 2,400 MW of renewable energy.
Philippines purchases first-ever LNG cargo
The Philippines has bought the first-ever LNG cargo in the country’s history. The delivery will be made in mid-April to the country’s first LNG terminal at Batangas Bay, which is located about 150 km south of Manila.
MOL board proposes record dividend to shareholders
Details emerge of huge fines Kazakhstan is pursuing relating to Kashagan oilfield
The country’s Tokayev administration has resolved to tighten operating conditions for foreign-led oil and gas developments and potentially raise its equity interest in the largest offshore project, Kashagan.
Follow us online