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First ever offshore wind sale proposed in US Gulf of Mexico

The US Department of the Interior today is proposing the first-ever offshore wind lease sale in the Gulf of Mexico.

Lukoil, KMG target launch of Caspian oilfields in 2028

Spain's Aquila Clean Energy to erect wind farms in Lithuania

Orlen Lithuania ups Q4 revenues by 28%, profit soars 56%

Azerbaijan increased revenue from electricity exports by 75% in 2022

Russian gas output down 13.5% in January

Eni to expand upstream spending by third

Russia halts oil supply to Poland

Wind, solar slash gas costs in EU by $12.7bn since Russia invaded Ukraine

The growth of wind and solar power has helped to cut natural gas costs by €12bn ($12.7bn) in the EU since Russia invaded Ukraine just over a year ago.

REM: Wind, solar slash gas costs in EU by $12.7bn since Russia invaded Ukraine

ENERGO: Wind, solar slash gas costs in EU by $12.7bn since Russia invaded Ukraine

Global offshore wind growth boosted by China

China emerged as the key driver of growth in offshore wind in 2022, installing 6.8 GW of new offshore wind capacity in 2022. More than 70% of new global offshore wind capacity in 2022 was added in China.

LatAmOil: Guyana’s economy to grow 25% per year thanks to oil sector

AfrOil: TotalEnergies gearing up for drilling programme offshore Namibia

TotalEnergies (France) is preparing to launch a multi-well deepwater drilling programme offshore Namibia to determine the extent of its Venus discovery in the Orange basin.

North Macedonia’s power utility ESM picks Makpetrol for gas supply in March

Russian occupation and shelling has cost Ukrhydroenergo 1,500 MW of power capacity

Since Russia launched a full-scale invasion of Ukraine one year ago, the state-run hydroelectric company Ukrhydroenergo has lost 1,500 MW of generating capacity, Interfax Ukraine reported on February 23.

Tanzanian billionaire’s Taifa Gas enters Kenya, set to shake local LPG market

Algeria’s gas production to increase by 10bn cubic metres from 2024

Algeria’s gas production is expected to increase by 10bn cubic metres starting in 2024 as the government and state-owned group Sonatrach are reinforcing deals with foreign energy firms such as Italy’s Eni.

South Africa utility Eskom names interim CEO, amid departing head’s allegations of rampant corruption

Fuelling energy woes, Uzbekistan sees drop in gas output

Production is falling as demand increases, forcing country to look to Russia for energy supplies.

Hidroelectrica IPO in Romania likely in May-June

Polenergia to raise up to PLN750mn for investment

CPC halts crude oil shipments from Kazakhstan’s Tengiz oil field due to ‘weather conditions’

Azerbaijan imported 1 bcm of gas in 2022

ING: Green sovereign bond sales stabilise and so does the greenium.

The euro sovereign and supranational, sub-sovereign and agency (SSA) green bond market is maturing after a turbulent 2022. Supply levels have stabilised and there are signs that it is finally matching demand.