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Russian power entities appear plagued by financing troubles in Central Asia
Chinese firms stepping in.
CIA advice and oil strategy shape Venezuela’s post-Maduro transition
In the lead-up to the US operation that resulted in the capture of Venezuelan president Nicolás Maduro, intelligence officials sought guidance from former Chevron executive Ali Moshiri on potential leadership scenarios in Caracas
Venezuela channels $300mn oil windfall to social protection programmes
Venezuela’s interim president, Delcy Rodríguez, said that the government had received $300mn in fresh revenues earmarked for a Social Protection Fund, derived from an extraordinary fuel-oil sale
TotalEnergies targets first gas from Absheron Phase 2 in 2029
TotalEnergies plans to begin production from the second phase of the Absheron gas-condensate field offshore Azerbaijan on September 1, 2029.
Hormuz crisis raises wider risks for Turkey far beyond oil prices, says policy brief
As well as an energy bill nightmare, country faces triple whammy in industrial production, agriculture and logistics.
Worley picked for Aphrodite FEED off Cyprus
Australia’s Worley has been selected by Chevron to provide front-end engineering design and procurement services for the Aphrodite gas field development offshore Cyprus.
US-Iran war knocks out 15% of TotalEnergies' global output
France’s TotalEnergies said disruptions linked to the escalating conflict in the Middle East have forced the shutdown or suspension of around 15% of its global oil and gas production.
German left-wing party calls for resumed Russian oil and gas imports amid energy crisis
A senior figure in Germany’s left-wing Bündnis Sahra Wagenknecht party has called for the resumption of Russian oil and gas imports.
Netherlands' Boskalis scores decommissioning contract from Shell in UK North Sea
The ageing oil and gas infrastructure of the UK North Sea is fuelling a growing wave of decommissioning activity.
Kyrgyzstan to sign carbon project to assist with transition to sustainable energy
Kyrgyzstan will sign a carbon project to assist its transition to sustainable energy, according to Energy Minister Taalaibek Ibrayev.
Croatia’s January power supply rises
Ecuador faces renewed scrutiny over failure to halt Amazon oil drilling despite court orders
Ecuador is under intensifying scrutiny for failing to halt oil extraction in a sensitive area of the Amazon, despite binding legal rulings and a national referendum mandating its closure, Human Rights Watch said.
Europe buys Russia’s entire share of Yamal LNG exports in February
Europe bought every single shipment of LNG produced by Russia’s Yamal LNG plant in February -- first time since April 2018 that the EU accounted for 100% of exports from the Arctic facility.
Guyana's oil revenues poised for growth amid Strait of Hormuz blockade
Guyana's Natural Resource Fund received $253mn in February from offshore crude sales, further building its sovereign wealth reserves. This comes as the Iran-Israel-US war threatens oil supply disruptions across the Middle East.
US expands sanctions waivers to boost Venezuelan energy investment and fertiliser exports
The United States has expanded sanctions waivers related to Venezuela, allowing broader investment in the country’s energy sector and enabling fertiliser exports to the US.
US Justice Department backs Argentina bid to halt discovery in YPF nationalisation case
The government of Argentina said the US Department of Justice has filed a memorandum supporting its request to suspend a discovery process in a court case in New York City linked to the 2012 nationalisation of state energy company YPF.
Vaca Muerta needs $22bn investment and 1,000 wells to meet export targets by 2032
Argentina’s Vaca Muerta shale formation will require about $22bn in additional capital investment and the drilling of roughly 1,000 new wells by 2032 to meet projected export capacity targets, according to a report by consultancy Wood Mackenzie
Argentine energy firms Tecpetrol and Pampa Energía sue Enarsa over gas payment debts
Argentine energy companies Tecpetrol and Pampa Energía have filed lawsuits against state-owned Energía Argentina (Enarsa) seeking payment of outstanding obligations linked to gas supply contracts under the government’s Plan Gas.
Argentina raises export tax on conventional oil after Brent price surge
Argentina’s government has decided to raise export duties on conventional crude oil from 3.36% to 8% following a sharp increase in global oil prices, as Brent crude climbed back above $100 per barrel, officials and industry sources said.
Iraq's oil exports drop 70% amid Hormuz Strait closure
Iraq’s oil exports have dropped sharply as escalating regional tensions and the ongoing US-Iran conflict continue to disrupt energy flows across the Middle East
Iraq in talks with Iran to allow oil tankers through Hormuz Strait
Iraq's oil minister, Hayyan Abdul-Ghani, announced that the government is in talks with Iran to allow some oil tankers to pass through the Strait of Hormuz
Nigeria taps Transcorp Energy to expand renewable power, via linking mini-grids
Transnational Corporation Plc's (NGX:TRANSCORP) energy unit plans to deploy mini-grid projects to deliver reliable electricity to underserved communities across Abuja.
Nigeria to enforce "drill or drop" rule to speed oil block development
Nigeria’s upstream regulator has said oil companies will no longer be allowed to hold prospecting licences for extended periods without carrying out explorations.
INTERVIEW: Taiwan’s TSEC CORPORATION – mover and shaker in the nation’s solar sector
A leading name in the Taiwanese solar sector, TSEC has seen its valuation on the Taiwanese exchange skyrocket in recent months.
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