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Brazilian gas distributors introduce new captive consumer tariff
Brazil’s domestic natural gas distributors have introduced a new captive consumer distribution tariff.
IPC calls on Canadian federal government for more CCS incentives
International Petroleum Corp (IPC), an oil sands producer, has called on the federal government of Canadian Prime Minster Justin Trudeau for more incentives for carbon capture and storage.
OPEC outlook on China pushed higher, oil bounces back
The Vienna-based Organization of the Petroleum Exporting Countries (OPEC) last week increased its 2023 forecast on demand for oil in Chinese and Chinese territorial markets.
ConocoPhillips to delay minor construction at Willow
ConocoPhillips has agreed to delay some construction at the Willow oilfield on Alaska ‘s North Slope until April 4 while a federal court considers whether to halt the work this winter.
South Africa’s political parties, civil society groups in court battle to stop utility Eskom’s crippling power cuts
Kenya-based solar farms developer Equator Energy sells undisclosed stake to IBL Group of Mauritius
IBL Group of Mauritius has bought an undisclosed stake in Kenyan-based Equator Energy Ltd, which designs, installs, operates and maintains its solar power in Kenya, Uganda, Somalia, Somaliland, Zimbabwe, Gambia and South Sudan.
Investors invited for new Iraqi refining projects
Iraq has invited foreign investors for seven planned refinery projects in the country, with bidding for three of these already underway.
Dolphin Drilling commences drilling operations for General Hydrocarbons off the coast of Nigeria
The Blackford Dolphin rig, which underwent recertification for a new five-year period in Las Palmas, Spain, will target the reworking of existing wells on the Oyo field, with the potential to drill on new prospects.
Hungary defies European peers by sticking to Russia as a major gas supplier for next 5-8 years
Kyrgyzstan’s brown coal production in 2M23 grows 15% y/y
Xi, Putin meeting: “Loud thunder but few raindrops”
Chinese President Xi Jinping took his leave of Russian President Vladimir Putin from a two-day visit to Moscow with a smile on his face. But despite the important show of solidarity, Putin got little in concrete terms from the Chinese leader.
Russian and China start working on nuclear reactor roadmap
The Russo-Sino co-operation agreement signed during the visit of the President of China Xi Jinping to Moscow includes a roadmap for developing a joint programme between Russia and China in the sphere of fast neutron reactors and nuclear fuel cycle.
ARDA appoints new head
Dr Mustapha Abdul-Hamid has been announced as the winner of an election for president of the African Refiners and Distributors Association (ARDA), succeeding his predecessor Marieme Ndoye Decraene from Senegal.
Putin says Russia ready to increase oil and gas supplies to China
Russian President Vladimir Putin has said that Russia is ready to increase oil supplies to China, its key energy partner, following a meeting with Chinese President Xi Jinping in Moscow on March 20-21.
Spain’s Repsol scraps plans for LNG terminal on Canada’s east coast
Madrid-based Repsol has decided against developing an LNG terminal on Canada’s east coast. The terminal would have been exported LNG from Saint John in New Brunswick, Canada across the Atlantic to Europe.
Canada may not need more major oil pipelines, says senior executive
A senior oil executive has said that Alberta may not need more major pipelines once the Trans Mountain expansion has been built.
Construction delayed for NextDecade’s Rio Grande LNG facility
NextDecade’s Rio Grande LNG terminal in Texas has suffered a setback with construction pushed back as the company is now expecting a final investment decision before the end of the second quarter.
India looks for LNG cargoes to open new East Coast terminal
Indian Oil Corporation (IOC), the state-run entity behind the initiation and construction of the nation’s only East Coast LNG terminal, is looking for eight LNG cargoes to help kick-start operations at the Dharmra site in the state of Odisha.
Fourth train of South Pars Phase 14 refinery starts production
Iranian media reported this week that the fourth and final train at the South Pars Phase 14 refinery had started production. Deputy Minister of Petroleum and National Iranian Oil Co. (NIOC) CEO Mohsen Khojastehmehr announced its initial start-up.
Pace, scale of climate change action has been insufficient – IPCC
The pace and scale of what has been done so far to combat climate change, and current plans, are insufficient to tackle the problem, said scientists in the latest Intergovernmental Panel on Climate Change (IPCC) report.
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