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India's diesel exports to Singapore hit 19-month record high in August, as profits on European deliveries squeezed
India's diesel exports to Singapore are poised to reach a 19-month peak in August, surging beyond 330,000 tonnes on August 30.
Guyanese government extends oil audit to seven years
The government of Guyana has decided to revamp its existing petroleum-agreement framework, extending the period for auditing oil companies’ expenses from two to seven years.
Agaoglu Group sells 25% stake in wind power unit Tatlipinar via Istanbul IPO for TRY 2bn
India gears up for auction of 100 critical mineral blocks to drive green energy transition
Oceaneering looks to enhance staff housing in Guyana in oil-and-gas push
Seeking to upscale the quality of housing for its workforce, Oceaneering has published a Request for Information from local real estate companies. The move suggests Oceaneering's desire to tighten its grasp on the Guyanese oil-and-gas sector.
Unpaid dues to struggling South African utility Eskom rise, minister warns
South African municipalities owe the country’s state power utility Eskom more than ZAR63.2bn ($3.33bn), with the figure still rising. The unpaid dues are currently risking even longer power cuts around the country.
Investors eye Vietnam’s rare earth resources
Hungary-Slovenia gas interconnector gets green light
Slovak refinery Slovnaft wants prolongation of exemption from Russian oil embargo
The exemption for Slovnaft is in place until December due to Slovakia’s and Hungary’s high dependency on Russian crude.
TAQA Arabia submits non-binding offer to acquire gas stations owned by army’s Wataniya Petroleum
Egyptian energy services company TAQA Arabia submitted a non-binding offer to acquire gas stations company Wataniya Petroleum, a subsidiary of the army’s civilian business conglomerate National Service Projects Organization (NSPO).
Algeria’s state-owned energy group Sonatrach discovered ten gas fields in H1
Algerian state-owned energy group Sonatrach announced it discovered ten new oil and gas discoveries during drilling operations in H1 of the current year, Algerian Radio reported on August 29 citing Sonatrach's exploration director, Rabie Badji.
German grid operator unveils 8-GW offshore wind link
Amprion, a German electricity transmission system operator, has unveiled plans for an 8-GW offshore wind link which could power 8mn people.
Engie buys Texas grid-scale battery developer for $1bn
France’s Engie has agreed to buy Broad Reach Power, a company specialising in grid-scale battery storage and based in Houston, from private equity funds EnCap and Apollo.
Colombia increases LNG imports amid fears over El Niño
The Latin America had already bought 309,000 tonnes of LNG as of August 28, almost 60% higher than in the whole of 2022.
Thai Electricity Authority partners with InnoPower to propel grid modernisation for renewable energy
China’s CNOOC, Brazil’s Petrobras sign agreements on potential joint ventures
Chinese state-owned oil and gas major CNOOC has signed a strategic co-operation agreement with Brazilian state-owned energy major Petrobras, Offshore Engineer reported on August 29.
Pemex faces liquidity concerns as debt looms, says Fitch
Pemex represents the greatest concern in terms of liquidity and debt among Latin American oil companies, according to US credit rating agency Fitch, Mexico Business News reported on August 26.
Junk carbon offsets crackdown continues
The UK’s Advertising Standards Authority is scrutinising carbon offsets that may be more greenwashing than helpful in the fight against climate change.
Cyprus rejects Chevron’s Aphrodite development plan
A further delay in developing the Aphrodite gas field has come due to the Cypriot government’s rejection of a development plan for the island’s main offshore hydrocarbon resource proposed this summer by Chevron and its partners Shell and NewMed.
Turkmenistan: Union busting
Unfair soccer league, and potential and real gas deals aplenty, with Hungary, Iraq and Uzbekistan.
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