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South Sudan pushes deadline for raising oil output to 230,000 bpd back to 2026
South Sudan has opted to push its deadline for increasing crude oil production to 230,000 barrels per day back to 2026, two years later than previously anticipated.
Indonesian minister targets Germany, Poland for criticism on coal imports
Indonesia’s Chief Investment Affairs Minister Luhut Binsar Pandjaitan, speaking at an event recently, lashed out at Western nations, in particular Germany and Poland, in addition to wider attitudes towards coal use.
Wind power site on Sea of Japan doubles as tourist spot
Three large-scale wind turbines currently being positioned just off the coast of Nyuzen, a small town in Japan’s Toyama Prefecture, in the Hokuriku region of the country, are attracting attention for all the right reasons.
Nigeria aims to produce 1.7mn barrels per day by end of year
Gabriel Tanimu Aduda, Permanent Secretary at Nigeria’s Ministry of Petroleum Resources, told Energy Intelligence at the OPEC+ seminar in Vienna last week that Nigeria is aiming to raise oil production to 1.7mn barrels per day by November 2023.
Kaztransoil says Tengiz oil shipments from Aktau to BTC pipeline soared in Q2 2023
Kazakhstan’s state oil pipeline operator Kaztransoil succeeded in boosting exports of crude from the Tengiz field via Azerbaijan more than 18-fold in Q2 2023.
TotalEnergies fires up turbines ahead of Tyra field's restart
France’s TotalEnergies has powered up two gas turbines at the Tyra gas field ahead of the project’s restart following a lengthy redevelopment project, the company said on July 6.
Confronted with rising debt, Bangladesh finances oil imports with ITFC loan
BPC finance director Kazi Mohammed Mozammel Haque said the financing agreement would be in effect from July this year to June 2024. “Under this financing agreement we will take a loan of $1.4bn, mainly to import crude oil,” he told Saudi media.
Myanmar’s nuclear ambitions edge closer with Russian help
At a first official meeting of a committee created to work towards the ‘Intergovernmental Agreement between Russia and Myanmar’, discussions reportedly centred on how and where to construct a first ever nuclear power plant for the country.
CIP raises €5.6bn for renewables projects
Copenhagen Infrastructure Partners (CIP) has reached first close on its fifth flagship fund Copenhagen Infrastructure V (CI V) at €5.6bn ($6.2bn) in capital commitments.
Floating solar catches on
Floating solar, possibly a solution to land constraints for renewable energy, is catching on. Asia-Pacific leads the demand.
Japan looks to Qatar for LNG in effort to diversify supply
Facing growing energy security concerns, Japanese natural gas buyers are in talks on new LNG supply contracts with Qatar. With Qatar increasing output, a handful of Japanese companies are seeking to secure long-term supply contracts.
India aims to produce the lowest priced green hydrogen in the world
The minister said: “our cost of setting up renewable energy capacity is the lowest in the world. It stands at $600,000 per MW; therefore our green hydrogen cost will be the lowest in the world.”
Edison CEO says EastMed gas pipeline still in play
Nicola Monti, CEO of Italy’s Edison Group, said last week that the proposed EastMed Gas Pipeline, which would stretch from the gas fields in the East Mediterranean to Crete, Greece and on to Italy, is still a viable project.
Turkmenistan will continue seeking to boost gas exports to China
Turkmenistan’s Minister of Foreign Affairs Rashid Meredov has said that his country will continue working to boost natural gas exports to China.
Iran and Iraq talk shared fields with eyes on output uptick
Iranian Oil Minister Javad Owji and his Iraqi counterpart Hayan Abdulghani met in Vienna this week to discuss the implementation of joint oilfields.
Turkey plans to invest $200bn in energy to reduce foreign dependency
Turkey plans to invest up to $200bn in energy projects by 2035 to reduce the country’s dependency on foreign resources, new Energy Minister Alparslan Bayraktar has said.
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