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Norway’s offshore wind potential totals 338 GW
A new analysis from Multiconsult shows that it is possible to develop 338 GW of offshore wind in Norway. Currently, the Norwegian government's target is 30 GW by 2040.
Biden administration dismisses Colombian president’s call for Venezuelan sanctions relief
The US government has doubled down on its decision to keep economic sanctions against Venezuela in place, despite calls from several Latin American leaders to loosen trade restrictions.
Wintershall Dea says Russia exit decision “final” after Putin’s decree
German energy Wintershall Dea has taken a “final” decision to leave Russia, while closing the offices, repatriating foreign staff and considering “various exit options”, said RBC business portal citing the CEO of the company Dea Mario Mehren.
YPF outlines plans to invest $6-7bn in midstream projects to boost oil exports
Argentina’s YPF will invest $6-7bn in midstream projects to boost crude oil exports from the Vaca Muerta shale play.
Financiers exit $2.8bn NNPCL pipeline project
The Nigerian National Petroleum Company Limited (NNPCL) has confirmed the exit of financiers from its $2.8bn Ajaokuta-Abuja-Kano pipeline project.
ExxonMobil makes new find at Stabroek
ExxonMobil has made a new find at Lancetfish, a field within the Stabroek block offshore Guyana.
EU still among the largest importers of Russian oil products
New data shows that the EU is still among the largest importers of oil products from Russia, which are routed through 'laundromat' countries to avoid sanctions, according to the CREA.
Iran’s Bandar Abbas oil refinery set for $2.2bn upgrade focused on high value-added products
Petrobras joins forces with Shell, SENAI CIMATEC to build lab complex
Brazil’s Petrobras has entered into a partnership with Shell (UK) and the Centre for Integrated Manufacturing and Technology (SENAI CIMATEC), a technology incubator in Salvador.
South Africa’s power utility Eskom plans to save grid 1,500MW via demand reduction initiative
Kenya confirms will review commercial oil development by June, to possible benefit of Tullow Oil, Africa Oil
Seplat Energy announces major changes to board after filing lawsuit in Nigeria against ex-chairman
Seplat Energy, less than a month after filing an NGN5bn ($10.86mn) lawsuit in Nigeria against its former chairman, A B C Orjiako, has unveiled a series of major changes to its board composition as part of its efforts to improve corporate governance.
UK and Netherlands to explore 2-GW offshore wind connector
The UK and the Netherlands have unveiled LionLink, a high-voltage interconnector (HVDC) under the North Sea that could link up to 2 GW of Dutch offshore wind farms to the grids of both nations.
SE Europe strengthens gas security with new regional agreement
Four EU members in Southeast Europe have strengthened their energy security futures with the signing in Sofia on 25 April of a memorandum of understanding that includes Azerbaijan, which supplies natural gas to the region through the SGC.
Congo LNG project launched by Eni
Italian oil major Eni inaugurated the Congo LNG gas liquefaction project on April 25. The facility will features two floating liquefied natural gas (FLNG) plants at the Nene and Litchendjili fields offshore the Republic of the Congo.
Gazprom proposes liberalisation of gas prices in domestic market
#bne #Gazprom #Russia #Gazpromgaz #newsbase #marketliberalisation
2022 blip aside, China is Asia’s LNG force of the future
With the exception of last year’s dip in numbers, as LNG prices around the world reacted to Russian invasion of Ukraine, China has shown continued year-on-year LNG import increases since the mid-2000s.
New LNG deliveries for India’s GAIL from SEFE
German firm SEFE Marketing and Trading, formerly Gazprom Germania, delivered two cargoes of LNG to GAIL in March and in April. Another four are to be delivered in May.
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