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Shell, Gulf Wind Technology to collaborate on wind turbine for Gulf of Mexico
Gulf Wind Technology (GWT) has partnered with Shell New Energies US in creating the Shell Gulf Wind Technology Accelerator programme. Shell has invested $10mn in GWT for this endeavour.
Shell announces final investment decision on Dover in US Gulf of Mexico
Shell has announced the final investment decision for Dover, a planned subsea tieback to the Shell-operated Appomattox production hub in the US Gulf of Mexico.
Renewables gain speed in Brazil, Chile and Colombia, Mexico falls behind
Latin America has the potential to increase its utility-scale solar and wind power capacity by more than 460% by 2030 if all 319 GW of prospective new projects in the region come online, according to a new report from Global Energy Monitor.
EBRD approves €300mn funding for Serbia’s EPS
Petronas enjoys profit bump from high prices, increased sales volumes
Malaysia’s Petronas reported on March 13 a 55% climb in profits for the first quarter on the back of higher prices and increased sales volumes.
Building commences on Shaheen project
A ceremony was held last week in Ulsan, South Korea, to mark the start of work on the $7bn Shaheen integrated petrochemical plant located in Onsan Industrial Complex.
Ecopetrol dismisses proposal for re-opening gas pipeline to Venezuela
Felipe Bayon, the CEO of Colombia’s Ecopetrol, has dismissed proposals for re-opening and reversing the flow of a dormant cross-border natural gas pipeline to Venezuela.
YPF, Petronas hope to make FID on Argentina GNL project next year
Argentina’s YPF and Malaysia's Petronas expect to make a final investment decision on a natural gas and LNG project in 2024.
Invenergy, LONGi to develop 5-GW solar module factory in US
Renewables developer, owner, and operator Invenergy has entered into a joint venture with Chinese photovoltaics (PV) manufacturer LONGi to build a 5-GW solar module plant in Ohio in the US.
Accelerating wind projects ”key tool” for developing countries
Accelerating wind deployment can be a key tool for developing countries looking to grow their economy and deliver on climate goals, says the Global Wind Energy Council (GWEC).
DTEK to commission wind project in Ukraine despite war
DTEK Group is completing the construction of the first 114-MW phase of the 500-MW Tyligulska wind power plant in Ukraine. This is despite Russia’s ongoing war in Ukraine.
Petrobras gears up for Equatorial Margin exploration campaign, Rystad Energy notes
Brazil's Petrobras aims to replicate Guyana’s success at the Stabroek block by unlocking its Equatorial Margin with an exploration campaign beginning this year, says Rystad Energy.
Pembina and Haisla Nation’s Cedar LNG project in Canada receives environmental approval
The proposed $2.4bn Cedar LNG project to be developed by the Haisla Nation indigenous group and Pembina Pipeline in Kitimat, British Columbia has been granted environmental approval by the provincial government.
Energy chiefs say Slovenia must invest in renewables to cut power imports
At the peak of the energy crisis in October, Slovenia imported 56% of its electricity.
Croatian finance minister says HEP can count on state for recapitalisation if needed
State-owned energy company HEP can count on the state for recapitalisation, loans or any other benefits, Finance Minister Marko Primorac told Parliament on March 15.
1-GW US pumped storage hydro project applies for final licence
rPlus Hydro, a US leader in large-scale pumped hydroelectric energy storage, has submitted a final licence application to regulators for its 1-GW White Pine Pumped Storage project in the western state of Nevada.
Srbijagas to increase gas price by up to 10% in May
Danish firm Vestas secures order to supply wind turbines to South African IPP, Red Rocket
A South African independent power producer, Red Rocket, has ordered wind turbines with the capacity to generate 373 MW from Danish manufacturer Vestas for three projects it plans to build in the country.
Indonesia sets rules for CCS/CCUS in pursuit of lower emissions, increased output
Indonesia’s Ministry of Energy and Mineral Resources announced on March 10 that it had established the regulations for the implementation of carbon capture and storage projects as well as those for carbon capture, utilisation and storage (CCUS).
Uganda and Algeria sign partnership for oil and gas projects
Uganda National Oil Co. (UNOC) and its Algerian counterpart Sonatrach have signed a memorandum of understanding for the development of oil and gas projects in Uganda.
Presidential hopeful states TOR revival goal
Dr Kwabena Duffor, presidential candidate for the National Democratic Congress (NDC) of Ghana, has said that he will prioritise the restoration of the Tema Oil Refinery to full capacity if elected.
Niger's president touts benefits of planned oil pipeline to Benin
Niger's President Mohamed Bazoum has said that a planned pipeline carrying crude from Niger's Agadem oilfield to the southern Benin port of Sèmè will provide numerous benefits to both countries.
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