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Mitsubishi to lead on next-generation fast reactor development
Japan’s Mitsubishi Heavy Industries (MHI) has been earmarked by the central government in Tokyo to head the nation’s push into next-generation fast reactors; this is a sodium-cooled design aimed to come online at some point in the 2040s.
Namibia launches tender to build 70-MW solar project
The electricity company is in the market for an engineering, procurement and construction contractor to build the solar farm in Rosh Pinah, a project originally designed for wind power generation.
DMEA: ADNOC, OMV in talks for potential merger
Police in South Africa seizes $55.7mn worth of items in Eskom-related fraud investigation
According to the police, among the recovered items since April last year were 42 firearms, 83 loads of coal and 33 trucks.
South Africa’s electricity minister explains escalating power outages
Speaking to the media on July 17, the minister said that “significant lessons” have been learnt from last week’s cold snap that caused the national grid to falter as demand soared and generation capacity plummeted.
MEOG: Iraq kicks off projects at West Qurna-1
India battery capacity – 20 GW to be reissued
India’s powerful Ministry of Heavy Industries in New Delhi is reportedly aiming to issue a new large-scale 20-GW tender to help add to the country’s ever increasing levels of battery storage capacity.
ExxonMobil plans to double LNG production by 2030
ExxonMobil has ambitious plans to produce around 40mn tonnes per year of LNG by the end of the decade, the company’s senior vice-president of LNG marketing, Andrew Barry, told Nikkei Asia on July 19.
US envoy John Kerry says US-China climate affairs require “more work”
US climate envoy John Kerry has said that the US and China have failed to reach new climate agreements but that talks on the issue during his recent four-day visit to Beijing were a step forward.
Shell may sell renewables unit
Oil supermajor Shell plc is “exploring options” for its global renewable power business, including a potential sale to outside investors, Bloomberg reported citing knowledgeable sources.
IMF wants a change of board at Kenya Power
The International Monetary Fund now wants a new board of directors to be appointed to run Kenya Power as it extends its tentacles into the day-to-day management of the Kenyan economy, Business Daily reported.
Ukrenergo attracts $1bn in loans and grants in preparation for heating season
Ukrenergo, Ukraine’s state energy company, attracted loans and grants amounting to $1bn from partners, Ukraine Business News reported on July 21.
Nigeria’s NNPCL to build first domestic floating LNG project
The Nigerian National Petroleum Company Ltd and UTM Offshore have signed a heads of terms agreement for the construction of the country's inaugural domestic floating liquefied natural gas project.
BW Energy begins production at third well of Dussafu campaign offshore Gabon
The Dussafu licence is within the Ruche Exclusive Exploitation Area (Ruche EEA), which covers 850 square kilometres and includes six known oilfields.
Alberta premier: province will not recognise Ottawa’s net-zero mandates
Tensions are still high between Alberta, Canada’s oilpatch, and the federal government over net-zero mandates.
NorthAmOil: Alberta premier says province will not recognise Ottawa’s net-zero mandates
Oklahoma may sue gas marketers over manipulation
Oklahoma may sue natural gas marketers over alleged manipulation during a winter storm that hit the central US in 2021.
Chevron to acquire PDC Energy in $6.3bn deal
Chevron is to acquire PDC Energy in an all-stock deal worth $6.3bn.
Indonesia once more misses oil and gas output targets
Indonesia missed its target for oil and gas production in the first half of this year, the upstream regulator SKK Migas reported this week, citing unplanned shutdowns and new project delays.
Philippines' high court rejects JMSU deal with China, Vietnam
The Philippines Supreme Court has rejected a 2005 trilateral agreement with China and Vietnam aimed at easing South China Sea tensions and enabling joint oil and gas development in the contested waters as unconstitutional.
Australia's Santos presses on with key projects
Australian gas producer Santos confirmed this week that its Barossa gas condensate project, which includes the Darwin Pipeline Duplication (DPD) scheme, is now 60% complete.
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