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Saipem says it will appeal Algerian court’s conviction on Arzew LNG fraud charges
Italy’s Saipem said on February 15 it will appeal its conviction in an Algerian court on criminal charges of fraud related to the award of a contract in 2008 for the construction of the Arzew LNG plant.
Gazprom not concerned with Transnistria’s new $424mn unpaid bills
Azerbaijan increased gas exports to Turkey via TANAP by 20% in 2021
EurOil: European gas prices bullish amid invasion warnings
Ireland’s Coveney visits Tehran in UN role to discuss JCPOA, UK’s Truss speaks with Iranian counterpart on historical debt
20% of Egypt’s power now generated from renewables
Renewable energy has broken through the 20% threshold in Egypt, as the country’s Finance Minister Mohamed Maait said this week that green generating capacity now stood at 6,128MW.
Flanders to provide €2.4mn to support climate adaptation in SA
The Flemish Government has agreed to provide €2.4mn to fund the development of new climate adaptation technologies in South Africa in a bid to build a green and resilience economy in the country.
Kazakhstan pressures IOCs to send more oil to domestic market
FSUOGM: Rosneft profits hit record on high prices
Leading banks continue fossil fuel investment despite green rhetoric
Leading global banks have continued to offer $33bn of financing to expand existing fossil fuel projects over the past year, despite their commitments to promoting green energy projects.
US surpasses 200 GW of clean power, says American Clean Power Association
The United States has exceeded 200 GW of total clean power capacity, but the pace of deployment has slowed, according to the American Clean Power Association’s (ACPs) new 4Q 2021 report.
Iraqi court scraps Kurdish oil legislation
Kibo Energy signs PPA for 2.7MW plastic-to-syngas power plant
Kibo Energy has signed a 10-year conditional Power Purchase Agreement (PPA) to generate baseload electricity from a 2.7-MW plastic-to-syngas power plant in Gauteng province.
Xcel Energy plan OK’d to drive nation-leading carbon reductions
Xcel Energy hopes to retire all of its coal-fired generation facilities in the Upper Midwest by 2030 and build 2.15 GW of wind and 2.5 GW of solar photovoltaics within a decade.
Iraq refutes deal doubts, maintains upstream push
North Macedonia’s government starts process of providing alternative sources of gas
Bulgaria freezes sale of gas from Chiren storage to prepare for escalation of Russia-Ukraine conflict
GLNG: China seeks greater global LNG trading role
China is reportedly working to establish itself as a major player in global LNG trading. The move comes around 20 years after the country made a similar push into oil trading.
NorthAmOil: Alberta reportedly planning to toughen oil sands emissions standards
The provincial government of Alberta is reportedly planning to toughen its greenhouse gas (GHG) emissions standards for oil sands mines.
Asia-Pacific coal prices to moderate as Indonesia's export ban lifts: Fitch
The rebound in coal prices in Asia is expected to end is as the Indonesian government lifts its coal export ban and demand softens, Fitch said.
ConocoPhillips Sarawak contracts jack-up rig for Malaysian drilling campaign
Units of US independent ConocoPhillips have contracted Icon Offshore to provide a jack-up rig for a multi-well drilling campaign offshore Malaysia that is due to start in the second quarter of this year.
AsiaElec: Sapura Energy issues termination notice to Yunneng Wind Power
Malaysia’s Sapura Energy has issued a termination notice to Yunneng Wind Power for a contract for the transportation and installation of monopiles at the Yunlin offshore wind farm in Taiwan.
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