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Abu Dhabi’s Masdar buys 49% stake in Baltic Eagle wind farm from Iberdrola
Abu Dhabi-based Masdar has agreed to purchase a 49% interest in the 476-MW Baltic Eagle offshore wind farm located in German waters from Spanish utility Iberdrola, Reuters reported on July 26.
Borusan EnBW Enerji, Petrol Ofisi team up for EV charging stations investment in Turkey
Zimbabwe carbon credit project owners rally against government's proposed revenue split
Romania to revive Tarnita-Lapustesti pumped hydropower plant project
Major project first broached by Nicolae Ceausescu in the 1970s was repeatedly revived but never implemented.
TotalEnergies’ Venus field offshore Namibia may be even larger than previously thought
Speculation is mounting about the possibility that TotalEnergies (France) may have found more oil in the Venus field offshore Namibia than previously believed.
NMDPRA rolls out set of four new ESG regulations for oil and gas industry
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has unveiled four new regulations addressing ESG (environmental, social and governance) issues in the petroleum industry.
India gives thumbs-down to BYD on proposed EV and battery factory on subcontinent
India has spurned efforts by Chinese electric vehicle giant BYD in conjunction with local firm Megha Engineering and Infrastructures to build a new $1bn EV and battery plant in the country.
Vietnam Electricity Group to take a credit from Germany's KfW development bank to expand the Tri An HPP
The two parties held talks on July 26 and are close to agreement, the newswire reported, with a deal expected to be signed in November to coincide with a government-level meeting on Vietnam-Germany development co-operation.
MEOG: KRG sticking to budget deal
DMEA: Iraq, Lebanon to renew existing oil deal
Global coal use to remain at record high says IEA
Global coal use rose to a record high in 2022, and with strong growth forecast in Asia for power generation and industrial applications, coal is expected to remain close to an all-time high in 2023, the International Energy Agency predicted.
China ahead of schedule on Xudapu 3 as Beijing awaits Russian reactors
one of the main construction hurdles for any nuclear power plant has been completed at the Xudapu unit 3 site in north-east China, a full six months ahead of schedule: the installation of the dome over the main reactor building.
Chinese consortium to build four hydro plants in Kyrgyzstan worth between $2.4bn and $3bn
Snow on the ground in Johannesburg in July sees load shedding return
Electricity outages had eased recently but that relief was brought to an abrupt end this week as a cold front swept across the country, bringing freezing temperatures and, in Johannesburg, snow.
More delays looming for Mozambique LNG?
Saipem’s predictions of a July restart for Mozambique LNG have not borne fruit due to the difficulty of resolving cost disputes with TotalEnergies
ArcelorMittal South Africa posts $25mn loss in half year to June 2023 due to worsening electricity shortage
ArcelorMittal South Africa posted a $25mn loss induced by electricity shortages in the interim period to June 30 but expects steel demand from renewable energy projects to boost sales over the remainder of 2023.
Italian oil industry service provider Saipem notes progress towards resumption of LNG project development in Mozambique
Italian energy services group Saipem has said work to resume construction of a $20bn LNG project in northern Mozambique in which it is involved is well underway.
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