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Saudi firms eye more Iraq investments
Saudi Arabia's investments in the oil sector are set to gain momentum as a delegation, led by Mohammed Abdulrahman Al-Ibrahim, the Kingdom's assistant minister for oil and gas, convened with his Iraqi counterpart in Baghdad.
Drax to build 600-MW hydro plant in Scotland
Drax has secured consent to build the 600-MW Cruachan 2 hydroelectric plant in Scotland, reports ReNews.
Predator Oil & Gas plans to build gas-to-power plant in Morocco
Predator Oil & Gas, a London-listed company with near-term gas operations focused on Morocco, is currently considering expanding its operations in Morocco and said it plans to build a gas-to-power project in the near future.
Europe could still face very tough winter if Russia cuts gas supply entirely, says IEA
Russian gas pipeline flow to Europe has averaged about 2bn cubic metres per month so far this year, or roughly six to seven times less than the corresponding 2017-2021 range. But Russia has also been sending around an equal amount of gas in LNG form.
Bulgarian lawmakers to take control of Lukoil oil terminal
Lawmakers in the 240-seat parliament voted 144 in favour of a bill that would end Lukoil’s concession to run the Rosenets oil terminal near the Black Sea port of Burgas.
Arctic LNG-2 to reach full capacity in Q1 24, says Novatek head
Russia’s top LNG producer Novatek expects the first train of its Arctic LNG-2 project to reach its full capacity of 6.6mn tonnes per year in the first quarter of 2024, CEO Leonid Mikhelson told reporters late on July 20.
Czech Republic to continue importing Russian oil until 2025
The Czech Republic will continue importing Russian oil until 2025, at which point it will be able to switch to alternative supplies, an official at Czech pipeline operator Mero, Zdenek Dundr, told the local Pravo newspaper on July 21.
Russian oil firms' contributions to rise to highest level this year in August
Russian oil companies’ contributions to the Russian state will climb in August to their highest level this year following a rise in the price of the country’s flagship Urals oil blend, the finance ministry reported last week.
German resort town calls for probe into finances of LNG project operator
The German resort town of Binz has called for an anti-money-laundering probe into the finances of the operator of a planned LNG terminal that it opposes over its environmental impact.
Bangladesh to receive India’s first ever transnational power plant transfers
In a rare first in southern Asia, India’s Adani Group earlier this month commissioned the country’s first ever wholly transnational power supply.
Lights off at Eraring would not mean lights off statewide for NSW
Australia’s most populous state could shut the doors at the nation’s biggest coal power plant almost immediately, and at the same time take a significant step towards achieving ongoing local decarbonisation goals.
Dubai replaces Geneva as key base for Russian oil trade
Dubai and other cities in the UAE have replaced Geneva as a major base for traders of Russia’s oil since Swiss authorities joined the EU embargo on that trade last year.
AsianOil: Zarubezhneft eyes divestment off Indonesia
Russian state oil firm Zarubezhneft intends to divest its interest in the Indonesian Tuna gas project after its UK partner Harbour Energy said Western sanctions were complicating their joint activities.
Serbia to seek strategic partners for wind projects
The government of Serbia plans to find a strategic partner for the construction of 1 GW of wind plants, according to Balkan Green Energy News.
Hitting 2030 renewables target looks increasingly unlikely for South Africa, analysts say
A report published on July 12 highlights challenges that lie ahead for Africa’s most advanced economy in its pursuit of decarbonisation.
Iraq considers pipeline renovation as port expansion falters
Discussions are reported to be ongoing concerning the potential renovation of an old crude line running from Iraq to the Mediterranean.
EurOil: EU mulls importing gas from Argentina
Japan, Abu Dhabi to work on hydrogen-ammonia possibilities
Leading Japanese energy firm JERA has agreed what is being termed a strategic collaboration agreement with the Abu Dhabi National Oil Company (ADNOC) of the UAE to work together on future hydrogen and ammonia projects.
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