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Oil production in Azerbaijan lowered by 90,000 bpd
Ukraine’s almost impossible switch from Russian to the European power grid during invasion
On the day before the war with Russia started, Ukraine managed to unhook itself from the Russian electricity grid and hook itself up to the European grid. Within two weeks the two systems were synchronised, the fastest synchronisation ever.
G7 refuses Russian demand for its gas to be paid in rubles
The G7 group of industrialised economies has unanimously agreed to refuse Moscow's demand that all gas imports from Russia be paid in rubles, saying that this is a breach of contract.
Ukrenergo opens up opportunity to export electricity to Poland but Ukraine's energy sector losing $2bn
Energy Minister Ukrenergo opens up opportunity to export electricity to Poland but Ukraine's energy sector losing $2bn
United Oil & Gas announces production start at ASD-2 well in Abu Sennan licence onshore Egypt
Germany unveils plan to phase out Russian energy
EU plans to phase out Russian oil and gas by 2030
Novatek says Arctic LNG-2 construction to continue
Iraq and Jordan extend crude supply deal
Nigeria’s Akwa Ibom state aims to block ExxonMobil’s sale of MPNU stake to Seplat Energy
Nigeria’s Akwa Ibom state has filed a counter-claim against ExxonMobil in a bid to block the super-major’s planned sale of its stake in the Mobil Producing Nigeria Unlimited (MPNU) JV to Seplat Energy.
Renergen to sell 10% of Tetra4 subsidiary to South Africa’s Central Energy Fund
Renergen (South Africa) has arranged to sell a 10% stake in its Tetra4 subsidiary, which serves as the operator of the Virginia natural gas project, to the state-owned Central Energy Fund (CEF).
Eni raises reserve estimate for Ndungu field offshore Angola
Eni has revised its reserve estimate for Ndungu, a field within Block 15/06 offshore Angola, upwards to 800mn-1bn barrels of oil equivalent following the successful completion of an appraisal well.
South Africa court rules clean air is a constitutional right
A court in South Africa (SA) has made a landmark ruling that clean air is a constitutional right, reports moneyweb.
Russia warns ruble payments required within days
Uzbekistan puts up ‘for sale’ sign amid chill of Ukraine war
Tashkent is selling its "crown jewels," but Russia's war in Ukraine is dampening the mood.
Kazakhstan’s oil exports via CPC pipeline to resume amid relaunch of operations at one mooring point
Russia suggests bitcoins as means for gas payments
Lukoil's trading unit scales back amid sanctions
Petronas signs new offshore exploration PSCs, Shell kicks off new Gumusut-Kakap phase
Malaysia’s Petronas announced on March 23 that it had signed several new production-sharing contracts covering offshore exploration blocks that had been awarded during the Malaysia Bid Round (MBR) 2021.
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