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Nigeria’s NUPRC vows to enforce domestic crude oil supply obligation to feed emerging refineries
Mexico’s imports of Asian gasoline rise sharply
Mexico’s imports of Asian gasoline rose sharply in January-September, with China and Singapore exporting more in the nine-month period than the total exports for the entire years of 2020, 2021, and 2022.
LatAmOil: Chevron enters Guyana
Beijing announces debut of digital renminbi-yuan in international oil transaction
PetroChina has for the first time successfully conducted a significant crude oil transaction involving 1mn barrels of oil using the digital renminbi – more commonly called the yuan.
Petrobras’ price policy lacks transparency, Acelen says
Acelen, a company controlled by Abu Dhabi’s Mubadala investment fund and the owner of Brazil's largest private refinery, has expressed reservations about Petrobras' pricing strategy, arguing it negatively impacts Brazil's business environment.
Brazil’s natural gas reinjection reaches record high in September
Brazil's natural gas production reached an all-time high in September, resulting in record-breaking reinjection volumes, according to the country's oil-and-gas regulator, ANP Argus.
Chevron buyout of Hess could boost exploration in Stabroek Block
Chevron’s move to buy out Hess could lead to more “adventurous drilling” in Guyana’s Stabroek Block, according to the director of energy for Americas Market Intelligence, Arthur Deakin.
Defunct oil refiner KPRL now Kenya Pipeline Company subsidiary after assets handover
Devon mulls buying Marathon, ConocoPhillips eyes CrownRock
As part of an expected trend of more mergers and acquisitions in the US upstream sector, Devon Energy is mulling buying Marathon Oil, while ConocoPhillips is now eyeing CrownRock.
Trans Mountain pipeline may need new funds for completion
The Canadian government corporation building the Trans Mountain pipeline – which is scheduled to come online by the end of Q1 2024 – may need external financing to complete the project, auditor says.
Audits of ExxonMobil will be completed by mid 2024, Guyana VP says
The vice president of Guyana, Dr. Bharrat Jagdeo, has confirmed that the audit of ExxonMobil’s expenses is expected to be up to date by mid 2024. He also said his government will not consider engaging in settlement talks with ExxonMobil.
South Africa utility Eskom's costly logo design tender amid energy crisis draws sharp criticism
A recently announced multi-million-rand tender to design a new company logo and develop a new corporate identity for the struggling national power utility Eskom has attracted much controversy.
No public sector financing in Adani Group built LNG facility in Odisha: Report
Adani Group has constructed an LNG import facility in Dhamra, Odisha, entirely through the financial support of its promoters, with no financial commitments or guarantees from public sector giants such as IOC and GAIL
Germany may import natural gas from Nigeria, Scholz says
Hibiscus Petroleum readies for dual-well exploration campaign offshore Sabah, East Malaysia
Hibiscus Petroleum, the Malaysian upstream independent, is gearing up for an upcoming exploration campaign consisting of two wells on its Sabah offshore acreage in East Malaysia
Solar projects in the Philippines, tip of Energy China’s global iceberg
In line with the Philippines' heightened commitment to green energy of late, a major Chinese corporation, China Energy Engineering Group Co., is poised to commence construction on two new solar projects in Luzon.
China’s solar tech may dominate but supply still fails to meet demand
In a ground-breaking achievement poised to revolutionise renewable energy, a team of Chinese researchers has unveiled a pioneering solar cell technology capable of remarkable efficiency, exceptional stability and an extended operational lifespan
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