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Estonia seeks to postpone biomethane-powered bus production final deadline beyond 2030
EU climate ministers discussed on October 16 whether to end the production of new biomethane-powered urban buses by 2030, but Estonia’s stance is clear – postpone the deadline in the country by at least five years.
IEA declares end to "Golden Age of Gas"
The energy crisis triggered by Russia’s invasion of Ukraine effectively marks the end of the 10-year Golden Age of Gas, the International Energy Agency said in its medium-term gas market report this month.
Green India struggles in September, but solar looks to bounce back
Recent data made public by India’s Central Electrical Authority points to last month being the worst performing September since 2018, with just 268.77 MW of renewables added to the grid.
Investors eager to drive offshore power projects in Vietnam
New investors are showing strong interest in launching ambitious offshore power projects in Vietnam.
European gas prices soar to two-month high
European natural gas prices spiked last week, nearing levels not seen in two months, with the market in the grip of geopolitical concerns, renewed shortage fears and cold weather.
Ramifications of Israel-Gaza conflict could affect rest of MENA, says Capital Economics
The outbreak of conflict between Hamas and Israel has not yet spilled over into the wider region. But the situation is in flux and, if Iran is pulled into direct conflict, the ramifications for the region would be a lot larger.
Russia and Venezuela sign a slew of trade agreements, vow to deepen cooperation on oil
Russia and Venezuela signed a series of 16 collaborative pacts spanning the domains of energy, oil, tourism, culture, and education, during the “Russia-Venezuela High-Level Intergovernmental Commission” in Moscow.
Proposed Turkmen gas supply deal for Iraq via Iran swap potentially a major earner for Ashgabat
Russia discusses reverse flow of oil to Azerbaijan
Russian Deputy Prime Minister Alexander Novak and Azeri Energy Minister Parviz Shahbazov discussed the potential expansion of the Tikhoretsk-Baku oil pipeline at the Russian Energy Week forum
Russian gas production to dip to 14-year low in 2023, says IEA
Russia is on track to see its natural gas output collapse this year to its lowest level since 2009, the International Energy Agency projected in its medium-term gas outlook this month.
Tecpetrol determined to enter Argentina’s lithium industry as Alpha Lithium bid deadline looms
Argentine-Italian billionaire Paolo Rocca's foray into the lithium sector remains undeterred, even as his oil-drilling unit explores alternative avenues in Argentina.
InterRAO and China agree on higher electricity prices ahead of Putin's China visit
Russian state energy and utility major InterRAO strikes new deal for higher prices on electricity exports to China
World Bank mulls $1bn loan to South African government for energy sector reform
The World Bank is considering a potential $1bn loan to help South Africa with a reform of its energy sector, as the country struggles with record power outages that have crippled its economy.
Perenco expands oil production in Gabon’s Hylia South West
Brazil’s Petrobras aims to strengthen ties with Norway’s oil sector
Petrobras CEO Jean Paul Prates has said the Brazilian state-owned energy major wants to forge partnerships with Norwegian oil-and-gas companies as he commended the Scandinavian country’s approach to the energy transition.
Helium One resumes well drilling in Tanzania after rig failure
Argentina appeals court order for $16bn YPF payout
Argentina has appealed a New York court's order for the country to pay $16.1bn to two companies that were not compensated following the nationalisation of the YPF oil company.
Brazil’s GranBio, US’ Honeywell to jointly produce SAF
Petrobras aims to drill for oil near Amazon Mouth in 2024
The CEO of Petrobras has said the Brazilian state-owned energy major’s plans for oil-and-gas exploration in the Equatorial Margin would include exploratory drilling near the mouth of the Amazon river in 2024.
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