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Romania's Hidroelectrica signs joint venture with Masdar for offshore renewables
Romania's largest energy producer, Hidroelectrica, has signed a joint venture agreement with Masdar, a leading renewable energy project developer and operator in the UAE.
Russia becomes China’s top oil supplier in 2M23
Russia overtook Saudi Arabia to become China's top crude oil supplier in the first two months of 2023, Reuters reported citing Chinese government customs data and attributing the growth to buyers snapping up sanctioned Russian oil at steep discounts.
Talks continue on major deal as Iraq sticks with OPEC+ quota
Talks between Baghdad and French firm TotalEnergies are yet to find a resolution to sticking points that threatened to scupper the delayed $27bn deal.
UK court says Serious Fraud Office may seize funds from former Petrobras employee’s account
A London court has ruled that the UK government’s Serious Fraud Office (SFO) may seize nearly $8mn in illicit cash linked to a wide-ranging corruption scandal involving Brazil’s Petrobras.
South Africa's first utility scale wind farm project, Msenge Emoyeni, attains financial close
Leviathan partners boost field valuation, plan higher output, exports
The partners in Israel’s giant offshore Leviathan gas field have placed a new value on the reservoir’s value following an updated report on it status by Texas-based Netherland, Sewall and Associates.
Russia top oil supplier to China for January-February
Hess CEO: New exploration well to be spudded at Block 42 offshore Suriname later this year
Hess Corp. has said that a new exploration well will be spudded at Block 42 offshore Suriname later this year.
Tanzania starts licensing companies to build compressed natural gas filing stations amid push to wean off petrol
Brazil’s National Council for Energy Policy will draft bill to stimulate gas sector
The Brazilian government’s National Council for Energy Policy (CNPE) intends to draw up a bill for the purpose of raising domestic gas production.
EU leaders to urge companies to take part in joint gas purchases this week
Europe’s energy security, hard hit by Russia’s significant reductions in pipeline gas supply to the continent over the last year, has improved, but EU leaders stress the need for preparations to be made for next winter.
Peru LNG exports five cargoes in February
Peru LNG, the operator of a natural gas liquefaction plant and export terminal in Pampa Melchorita, saw total LNG export volumes rise slightly month on month in February 2023.
Maha kicks off Block 70 production tests in Oman
Swedish explorer Maha Energy this week announced the start of production testing at Block 70 onshore Oman as part of an eight-well drilling campaign. The company said it had begun with the Mafraq-9 well, with new wells to be added to the test system.
BW Energy resumes process of acquiring Petrobras’ stakes in Camarupim, Golfinho clusters
Norway's BW Energy is resuming the process of acquiring Petrobras’ stakes in the Golfinho and Camarupim deepwater oilfields and is also buying the FPSO used to develop the sites from Italy’s Saipem.
Netherlands selects site for world’s largest offshore hydrogen project
The Dutch government has chosen an area for the world's largest offshore hydrogen project. The facility would be is located in Ten noorden van de Waddeneilanden.
Gazprom unveils another LNG project in Tatarstan, expanding domestic gas demand to offset export losses
Gazprom LNG technologies is constructing another small-scale LNG factory for RUB28bn in Tatarstan, where the capacity of gas filling stations is used only by 20%, but probably “it is early to talk about economic effect”.
Eni strikes oil at Yatzil field in Block 7
Eni (Italy) has found oil at Yatzil, a prospect within Block 7, a licence area in the Cuenca Salina section of the Sureste basin offshore Mexico’s Tabasco State.
Kuwait declares state of emergency following oil spill
Kuwait Oil Co. declared a state of emergency on March 20 after an oil spill occurred in a location in the west of the country. However, no poisonous gas leakage was detected at the site of the incident.
ExxonMobil considers resuming and expanding Mozambique’s Rovuma LNG project
ExxonMobil Corp. is contemplating restarting the Rovuma LNG project in Mozambique’s restive Cabo Delgado Province in the country’s north. The company has called for expressions of interest to design and construct the LNG plant.
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