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Mexico revises plan to eliminate oil exports
In light of the rally in global crude prices, Mexico has decided to revise its plan for diverting domestic oil production from exports to domestic refineries, President Andres Manuel Lopez Obrador has said.
ANCAP turns a profit in 2021 despite Uruguayan government’s fuel price subsidies
Uruguay’s national oil company ANCAP said earlier this week that it had earned a profit of $88mn in 2021 despite the government’s decision to keep domestic pump prices artificially low.
Uzbekistan: Nuclear deal with Russia still on the table despite sanctions
Even if Rosatom is not targeted by sanctions, its future projects could still be affected.
ADB says Uzbekistan’s economy set to slow amid lower investment and remittances from Russia
Japan's Mitsui to invest in ReNew project
Japan’s Mitsui & Co is to invest in ReNew Power round-the-clock (RTC) renewable and energy storage project in India.
UK to generate 95% of electricity from low-carbon sources by 2030
The UK plans to generate 95% of its electricity from low-carbon sources by 2030, according to a new energy strategy released by the government on April 7.
Trident Winds proposes 2-GW floating wind farm off Washington State
Seattle-based company Trident Winds has applied to the US Bureau of Ocean and Energy Management for a lease to build an up to 2-GW floating offshore wind farm off the coast of Washington State. The bid request was unsolicited.
Shell considers options for expansion of LNG Canada
Shell is carrying out a feasibility study for what has been described as a major expansion of its LNG Canada project in Kitimat, British Columbia, amid growing demand for LNG.
Venture Global to buy gas from NextEra for Plaquemines LNG
US LNG producer Venture Global LNG has reportedly reached an agreement to purchase natural gas from a unit of NextEra Energy for its planned Plaquemines LNG export plant on Louisiana’s Gulf Coast.
Suncor unveils changes to energy transition strategy
Calgary-based Suncor Energy has said it would sell off its wind and solar assets, while focusing more on hydrogen and renewable fuels as part of its energy transition strategy.
Alberta shortlists six carbon storage hub proposals
Alberta’s government has unveiled a shortlist of six eligible bidders proposing to develop carbon capture, utilisation and storage (CCUS) hubs in the province.
India hikes price for locally produced gas
CGX, Frontera file project documents outlining plans for drilling Wei-1 exploration well
Canada’s CGX Energy and its partner Frontera Energy have filed documents with Guyana’s Environmental Protection Agency (EPA) outlining their plans to drill Wei-1, their second exploration well at the Corentyne block.
Petroecuador seeks to expand scope of 2019 oil sale agreement with Shell
Ecuador’s national oil company Petroecuador has told Shell (UK) that it is ready to expand the scope of a crude off-take agreement signed between the parties in December 2019.
EDP receives first LNG shipment in El Salvador via ship-to-ship transfer
BW LNG, a subsidiary of Singapore-based BW Group, reported earlier this week that the Energía del Pacífico (EDP) joint venture had received its first shipment of LNG via ship-to-ship (STS) transfer in El Salvador.
China’s GDG in long-term supply deal with MPL’s Puerto Libertad LNG terminal
China’s Guangzhou Development Group (GDG) has signed a long-term supply agreement for LNG from an export terminal that Houston-based MPL plans to build at Puerto Libertad in Mexico’s Sonora State.
Iran to build 45 dams by 2025 as worries mount water shortages could hit tens of millions
ExxonMobil makes FID on Yellowtail
ExxonMobil (US) announced on April 4 that it had made a final investment decision on Yellowtail, its fourth development project at the Stabroek block offshore Guyana.
Major Russian attack in Dnipropetrovsk region as Dnipro mayor warns citizens to evacuate
Russian forces destroyed an oil depot and hit a factory in the Dnipropetrovsk region, Governor Valentyn Reznichenko reported on April 6 in a Telegram message.
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