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NIOC plans $70bn spend to achieve 1.5 bcm gas target
The National Iranian Oil Co. (NIOC) has laid out an extensive investment strategy, exceeding $70bn, to substantially enhance Iran’s gas production capacity, targeting a daily output of 1.5bn cubic metres.
Dana Gas quickly restarts Khor Mor after drone strike
UAE-based Dana Gas has resumed gas production at the Khor Mor field just one day after a drone attack disrupted operations, according to the Kurdistan Region’s Ministry of Natural Resources (MNR).
German consultancy Fichtner to undertake feasibility study for 110-MW Zambia hydropower project
As oil output declines, Oman announces condensate record
Oman reported average oil output of 1.048mn barrels per day for the full year 2023, signalling a decrease from the previous year’s 1.064mn bpd.
DMEA: CNOOC to construct LPG facility in Uganda
North Vietnam power line races against time: PM urges innovation and collaboration
In a bid to accelerate the completion of a crucial power line project, Vietnamese Prime Minister Pham Minh Chinh has urged stakeholders to innovate working methods and mobilise all resources to ensure energisation by June 2024
Indonesia expands Carbon Capture and Storage initiatives, empowering SKK Migas as regulator
In a move to combat climate change, the Indonesian government is extending the scope of carbon capture and storage activities beyond the traditional oil and gas sector
Indonesian conglomerate Indika Energy invests in sustainable mobility startup Shift4Good
Indika Energy, a member of the Indonesian conglomerate Indika Group, has directed investments into the sustainable energy startup Shift4Good through a venture capital based in Singapore and France
MEOG: Aramco awards Riyas NGL deals
Report urges US to step up push for big share of Central Asia’s rare earths prize
Americans should make their move before China looks to corner sector, experts say. The soft heavy metals are important to the green energy revolution and some latest weapons systems.
Construction of Power of Siberia 2 gas pipeline faces delays as Chinese enthusiasm wanes
Russia’s Power of Siberia 2 (POS2) gas pipeline to China will face construction delays.
Daily gas injection into national trunkline hits 851 mcm, Iran oil minister says
Iran is injecting an average of 851mn cubic metres per day of gas into its national distribution network, Oil Minister Javad Owji said a day after his deputy announced that the daily gas output has reached the milestone of 1bn cubic metres.
Fresh surge pushes Iran’s gas output above 1mn cubic metres per day
Iran has added 12mn cubic metres of gas per day to its production capacity as daily output has surpassed the milestone of 1bn cubic metres.
Ghana’s president commissions Chinese-owned Sentuo oil refinery
Ghana’s president has commissioned the Sentuo Oil Refinery (SOR), part of an ongoing drive to reduce the reliance on imported petroleum products. The two-phase construction is expected to be completed by 2025.
EPA Guyana barred from publicly disclosing terms of ExxonMobil oil spill guarantee
Sanjeev Datadin, an attorney-at-law and Guyanese member of parliament, clarified in the National Assembly that the EPA is legally restricted from publicly disclosing ExxonMobil's $2bn parent company guarantee for oil spills in the Stabroek Block.
Russia’s oil industry is threatened by Ukrainian drones, Western sanctions
Russian oil refineries are not normally newsmakers, but they have found themselves on the front page recently as Ukraine’s new long-range drones have brought some of Russia’s oil infrastructure within striking distance.
Tellurian hires investment banker in effort to find equity partners for Driftwood LNG plant
US LNG developer Tellurian announced on January 25 that it has hired investment banker Lazard to support its quest to obtain investors and customers for its Driftwood LNG export terminal in Lake Charles, Louisiana.
Ukraine’s national oil company Ukrnafta to construct 30 new wells in 2024
Ukrnafta, Ukraine's leading oil company, has unveiled plans to build 30 new wells across the eastern and western regions of the country in 2024, the company said in a press release quoting Serhiy Koretsky, the company's director.
Serbia signs €2bn renewable energy deal with Chinese companies
Agreement signed with Shanghai Fengling Renewables and Serbia Zijin Copper is the start of Serbia's largest-ever renewable energy project.
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