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US solar industry: Q1 was worst quarter since 2020
In Q1, America’s solar industry had its lowest quarter of installations since the start of the coronavirus pandemic, according to a new report.
Calls growing for a price cap on Russian oil exports
Europe has been wrestling to get its members to sign up to a full ban on Russian oil products but a ban could send the price of oil up and make Russia even more money. Better to cap prices and starve the Kremlin of revenues.
Russia announces it will slash gas flow via Nord Stream 1 by 60%
Russia’s Gazprom has announced it is slashing gas flow via the Nord Stream 1 pipeline by 60%, blaming Siemens’ failure to repair compressor units on time and other technical problems at the Portovaya compressor station.
Haditha refinery provides update on expansion
Istanbul-listed Garanti completes ESG-linked USD/TRY option transaction with Bank of America
Orcadian files plan for low-emitting UK field
Norwegian oil strike averted
DMEA: Progress at Haditha refinery
India registers 24% rise in y/y fuel demand in May
LatAmOil: APA finds water in Rasper well offshore Suriname
Houston-based APA Corp. has finished drilling the Rasper exploration well at Block 53 offshore Suriname without finding any hydrocarbons.
AfrOil: TotalEnergies makes FID on $850mn CLOV Phase 3 project
Angola’s National Agency for Petroleum, Gas and Biofuels (ANPG) says France’s TotalEnergies has made a final investment decision on the $850mn Phase 3 development project at the CLOV oilfields within Block 17.
MEOG: NFE partner and Sakarya pipelaying
The EBRD will lend up to €300mn to Naftogaz
The European Bank for Reconstruction and Development (EBRD) has pledged to lend up to €300mn to Naftogaz as concerns arise over this year’s heating season, Ukraine Business News reported on June 15.
NorthAmOil: BP exits oil sands, enters Bay du Nord via Cenovus deal
BP announced this week that it had reached an agreement with Cenovus Energy that will see it relinquish its 50% stake in the Sunrise oil sands venture while farming into the undeveloped Bay du Nord project offshore Newfoundland and Labrador.
AsianOil: CPC receives Taiwan’s first cargo of carbon-offset crude
Taiwan’s CPC announced on June 12 that it had received the country’s first cargo of certified carbon-offset crude.
CPC receives Taiwan’s first cargo of carbon-offset crude
Taiwan’s CPC announced on June 12 that it had received the country’s first cargo of certified carbon-offset crude.
Finnish Fortum rushes Russia exit by July 1
ENERGO: Finnish Fortum rushes Russia exit by July 1
Turkmenistan: Masks off
Uniting in paranoia with Russia, warming to Iran, and opening for business. This and more in Eurasianet's weekly Turkmenistan briefing.
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