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Pakistan to buy more electricity from Iran
Pakistan will buy more electricity from neighbouring Iran, a finance ministry statement said on Tuesday, 7 August, as reported by Reuters.
Bolivia’s YPFB makes significant gas discovery
YPFB, Bolivia's state-owned energy firm, has made a significant discovery of a fresh natural gas reservoir. Situated in the Santa Cruz department, the gas field has an estimated 0.7 trillion cubic feet of gas, and 52mn barrels of liquids.
Indonesia's presidential team to ensure progress of largest gas field development in East Java
Indonesia's Chief of Presidential Staff, Moeldoko, has assured that the Presidential Staff Office (KSP) will continue to support and oversee the progress of the Gas Field Development Project of Jambaran Tiung Biru (JTB) by Pertamina EP Cepu (PEPC).
Ghana approves lithium, other green minerals policy to drive higher local participation and interests
Europe identified as top buyer of Guyana's Liza and Unity Gold crude
Europe has emerged as one of the largest buyers of Guyana’s Liza and Unity Gold crude, as revealed by S&P Global Commodity Insights’ oil pricing and news expert Patrick Harrington. This comes as Europe turns to alternative sources of energy.
Siemens backs $2.9bn green hydrogen project in Chile
Siemens, the German multinational technology conglomerate, has signed a $2.9bn agreement with Verano Energy, the Chilean renewables energy firm, to develop a ground-breaking green hydrogen-production complex in Chile.
Kenya Power denies inflating electricity bills
Saudis back construction of solar energy plant in Belize
The government of Belize and the Saudi Fund for Development (SFD) have signed a loan agreement for $77mn to finance construction of a solar power plant with 60MW of installed capacity.
APA says appraisal drilling confirms extent of Krabdagu oilfield at Block 58
US-based APA Corp. says appraisal drilling confirms that reserves at the Krabdagu field at Block 58 off the coast of Suriname extend significantly beyond the initial discovery site.
APA discovers extension of oil resources in Suriname
APA Corp's exploration of a recent appraisal well in Block 58 off Suriname's coast led to the discovery of an extension of oil resources 14 kilometres from the discovery well.
Moroccan supervisory authority accuses nine fuel distributors of anti-competitive practices
France’s M&P set to exit Namibia’s Walvis basin
France’s Maurel & Prom (M&P) intends to discontinue its operations in Namibia, where it has majority stakes in two offshore blocks in the Walvis basin.
Situation at South African utility Eskom getting worse, not better, investigative journalism group says
China to introduce Zeekr brand in Kazakhstan
Two Egyptian state-owned utilities borrow total of $646bn to alleviate power shortages
Kazakhstan reaffirms oil output cut until end-2024
Austria prepares for alternative gas routes as Ukraine will not renew contract with Gazprom
Ukraine has warned Austria that it will not renew its contract with Russia’s Gazprom next year once the agreement has expired, Ukranews reported on August 4, citing Deutsche Welle expert Andriy Gurkov.
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