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EU working with US, Azerbaijan and Qatar on potential alternatives to Russian gas, says Borrell
Azerbaijan cancels customs duty on imports of gasoline
Azerbaijan gas supply to Turkey reached over 8 bcm in 2021
UNOC sees EACOP FID on February 1
Afghanistan and Turkmenistan sign project on installation of 220 kV power transmission line
Nostrum reports revenue growth in 2021 despite pandemic troubles
EBRD invests record €2bn in Turkey in 2021
Nuclear talks with Iran in Vienna pause as US adviser says negotiators are ‘in ballpark of possible deal’
Oikocredit lends €5mn to Ecoligo, a ‘solar-as-a-service’ provider active in Ghana, Kenya
Social impact investor Oikocredit is giving €5mn ($5.5mn) loan to Ecoligo to support solar energy solutions provision to commercial and industrial businesses in Africa.
Ukraine to build new nuclear power plants in co-operation with Electricite de France
Ukraine intends to build new nuclear power plants (NPP) in co-operation with Electricite de France SA (EDF), announced Deputy Head of the Office of the President Rostislav Shurma,
Rosneft signs Ryazan cracker contract
Major European utilities fail on net-zero plans
Business plans of major European power utilities do not contain the intermediate targets necessary to deliver on their net-zero pledges, finds a new report by Ember and Europe Beyond Coal.
New Zealand passes changes to decommissioning rules
The government of New Zealand has passed the Crown Minerals (Decommissioning and Other Matters) Amendment Bill. While the legislation has yet to be finalised, it is expected to change the decommissioning obligations of oil and gas permit holders.
No oil found in Montenegro by Eni-Novatek
L&T wins subsea pipeline contract from ONGC
L&T Hydrocarbon Engineering Limited (LTHE), a subsidiary of Larsen & Toubro, said on January 28 that it had secured a contract from state-owned Oil and Natural Gas Corp. (ONGC).
KUFPEC unveils gas and condensate discovery offshore Indonesia
Kuwait Foreign Petroleum Exploration Co. (KUFPEC) announced on January 23 that it had made a commercial gas and condensate discovery offshore Indonesia.
Major wind turbine manufacturers likely to see profits squeezed again in 2022
In the last week, the three major wind turbine manufacturers have reported squeezed margins as they face cost inflation as well as project delays because of supply chain turbulence, COVID and unstable European electricity prices.
SHI wins approval for onboard carbon capture technology
South Korea’s Samsung Heavy Industries (SHI) said this week that it had received approval in principle (AIP) from the Korean Register of Shipping for a newly developed onboard carbon capture system.
Petronas marks 1,000th LNG delivery via VPS
Malaysia’s Petronas said on January 26 that it had completed its 1,000th LNG delivery via its Virtual Pipeline System.
Ukraine crisis prompts LNG questions
The Ukraine crisis has prompted questions over how the LNG market would respond to an escalation and what the impact would be.
Federal questions emerge as Brazil’s gas liberalisation proceeds
The ANP has comes out swinging in favour of guarding the Brazilian federal government’s prerogatives with respect to gas distribution rules.
Guyana receives 12 bids for power plant, NGL facility under GTP project
Guyana has received 12 bids for a contract covering the construction of both a natural gas-fired thermal power plant and a natural gas liquids plant.
Argentina reports oil production up in December
Argentina extracted a total of 559,000 barrels per day of oil in December 2021, pushing monthly output up to the highest level recorded in the last nine years.
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