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South African utility Eskom’s troubles have nothing to do with corruption, electricity minister says
South Africa declares power emergency as rolling blackouts wreak havoc on economy
South Africa declares a state of disaster as it grapples with a severe energy crisis that has far-reaching impacts on its economy and society. The country's coal-fired power plants, which generate 95% of its electricity, fail to provide enough power.
Guyana goes public with new model contracts
Guyana's Ministry of Natural Resources releases new model contracts for offshore blocks.
Maduro appoints new petroleum minister
Venezuelan President Nicolas Maduro revealed on March 21 that he had appointed Pedro Rafael Tellechea, the head of PdVSA, to serve as the country’s new petroleum minister.
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.
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