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Caspian Sunrise share price gains after company announces four new oil-bearing intervals identified at Kazakhstan deep well
Ukraine needs $10bn to modernise its energy system
Svevind signs roadmap to build one of world’s largest green hydrogen projects in Kazakhstan
US investment group Pimco grant SA development bank ZAR3bn green loan
Pacific Investment Management (Pimco) has given a groundbreaking R3bn green loan to the Development Bank of Southern Africa (DBSA).
DTEK Oil & Gas natural gas production rose 11% in 9M21
DTEK Oil & Gas natural gas production rose 11% in 9M21
Italian energy company wants to withdraw from South African oil exploration venture with Sasol
Italian oil and gas group Eni SpA plans to exit an oil exploration venture off South Africa’s southeast coast, a Bloomberg report noted.
Moldova declares state of alert, seeks to buy gas from Ukraine or Romania
Moldova has been paying high spot prices to Gazprom since October 1, when the Russian gas company also cut the gas supplies by one third.
Energy supplier Bohemia Energy to leave Czech market as prices soar
Largest alternative energy supplier hands back its licence after energy price rise makes model uneconomic.
NGO accuses ReconAfrica of disrupting local communities
Toronto-listed Reconnaissance Africa Energy, known as ReconAfrica, has come under fire from a local non-governmental organisation called Frack Free Namibia (FFN).
BW Energy wins rights to G12-13, H12-13 blocks offshore Gabon
A consortium led by Norway’s BW Energy has won the right to negotiate contracts for two blocks in Gabon’s 12th Offshore Licensing Round.
Buhari hails establishment of new NOC
Nigeria’s President Muhammadu Buhari says the newly incorporated Nigerian National Petroleum Co. Ltd (NNPC Ltd), with a capitalisation of NGN200bn ($487mn) will become a globally competitive firm.
Angolan oil minister says more time is needed to prepare Sonangol for listing
Angola’s Minister of Mineral Resources and Petroleum Diamantino Azevedo has said that Luanda is not ready yet to move forward with plans for the partial privatisation of Sonangol, the national oil company.
Angolan oil production reportedly down nearly 30% in six years
Occidental to sell two Ghana offshore oil assets for $750mn
Sylva says PIA could push Nigerian oil production up to 4mn bpd
The Nigerian government has said that implementing the newly enacted Petroleum Industry Act (PIA) will boost the country’s oil production capacity by about 317% to 4mn barrels per day.
Sonatrach, Renaissance sign three contracts on joint polypropylene plant
Algeria’s state oil firm Sonatrach and the Turkish firm Renaissance (Rönesans Holding) have signed three contracts related to the development of a polypropylene production facility in the Turkish port of Ceyhan.
REM: GE receives firm order for wind turbines for Vineyard 1 offshore project off Massachusetts
GE Renewable Energy has received an order from Vineyard Wind, a joint venture between Avangrid Renewables and Copenhagen Infrastructure Partners, to supply Haliade-X turbines for the 800-MW Vineyard Wind 1 off Massachusetts in the north-eastern US.
EIA projects nearly 50% increase in world energy use by 2050, led by growth in renewables
The US Energy Information Administration projects that global energy consumption will increase nearly 50% over the next three decades, but renewable energy sources will grow to nearly the same level
US Energy Department announces community solar target
The US Department of Energy (DOE) has announced a new target: to enable community solar systems to power the equivalent of five million households by 2025 and create $1 billion in energy bill savings
AsiaElec: Japan’s Eneos to buy Japan Renewable Energy for $1.8bn
Japan's biggest refiner, Eneos Holdings, is to buy Japan Renewable Energy (JRE) for JPY200bn ($1.8bn) in order to expand its low-carbon business.
Report: US offshore wind supply chain worth $109bn over next decade
America's growing offshore wind power industry is a $109 billion revenue opportunity to businesses in the offshore wind power supply chain over the next decade
bneGREEN: Green bond supply booms in 2021 ahead of new EU taxonomy rules
Green bond supply has boomed so far in 2021, with a total of €50bn issued by the end of September, €20bn ahead of total issues in 2020
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