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Oregon County sues oil, coal companies for $51bn over 2021 deadly heat dome
Oregon’s most populous county has sued more than a dozen oil and coal companies over a deadly heat dome in 2021.
Annual renewable power must triple by 2030 – IRENA
The world’s annual renewable power production must triple by 2030 to meet the Paris Agreement goal of no more than a 1.5 degree Celsius rise in temperature.
Non-performing loans surge in Ukraine's renewable energy sector
The number of non-performing loans in Ukraine’s renewable energy sector increased to 51% at the start of May, according to a report from Ukraine’s National Bank (NBU), Ukraine Business News reported on June 29.
Petrobras launches $1.25bn securities issue
Brazil’s national oil company Petrobras has returned to global debt markets for the first time in two years via the launch of a $1.25bn debt issue.
CGX, Frontera report new discovery at Wei-1
Canada’s CGX Energy and its joint venture partner Frontera Energy have discovered additional hydrocarbons in Wei-1 well, the second exploration well drill at the Corentyne block offshore Guyana.
TotalEnergies, Petronas, Mitsui team up on Malaysia CCS
This collaboration aims to evaluate potential CO2 storage sites in the Malay basin, including depleted offshore fields and saline aquifers.
Malaysia’s Anwar argues case for hydrocarbons at Energy Asia forum
Anwar said oil and gas will be important to ensure affordability and energy supply in Southeast Asia. He argued that meeting net-zero targets “should not come at the expense of economic growth or vice versa.”
20-MW wave-tech project coming to Taiwan via Swedish-Israeli JV
A Swedish-Israeli firm, Eco Wave Power (EWP), has agreed to enter into negotiations with authorities in Taiwan, with the end goal being the development of introducing wave technology to the country.
Ghana mining communities want development plan as country rises to become world's top gold producer
Australian-backed 3D seismic search investigates Gulf of Papua
In conjunction with the Papua New Guinea (PNG) Department of Petroleum, Australian firm Larus Energy has recently been involved in a ground-breaking seismic search of a rarely explored part of Southeast Asia.
Confidence in wind industry rocked by quality problems at turbine maker Siemens Gamesa
Quality problems at wind turbine maker Siemens Gamesa – one of the world’s largest – have rocked confidence in the wind sector. This followed a surprise statement by Siemens Energy on widespread issues with wind turbines at its subsidiary.
Uganda on target to start crude production from Tilenga project in H1 2025, UNOC chief says
Mountain Valley pipeline gets federal regulatory OK to resume construction
Equitrans Midstream Corp. has received authorisation from the US Federal Energy Regulatory Commission to proceed with all remaining construction for the controversial Mountain Valley pipeline (MVP).
Karbala refinery set to produce high-octane gasoline
Iraq’s Oil Products Distribution Company (OPDC) confirmed on June 28 that the Karbala refinery will begin production of high-octane gasoline early next month, saving Iraq from importing $4-5bn of the fuel.
Nigerian civil society group calls on President Tinubu to investigate crude oil swap deals
Ghana petroleum tanker drivers vow to strike until government repairs 'deplorable' roads linking fuel depots
Hungarian state energy company opens new solar park
Controversy shrouds TOR’s potential tolling deal
The board of Ghana’s Tema Oil Refinery (TOR) has asked the country’s Public Procurement Authority to approve a tolling arrangement that would revive the moribund unit.
Iraq withdraws funding from southern export expansion
The Iraqi Cabinet has withdrawn its previous approval of government funding to facilitate the addition of a new pipeline that would expand its southern oil export capacity.
Platform installed at South Pars 11 as launch nears
Iran this week installed a 3,200-tonne production platform at the final phase of the South Pars gas field development project.
Subsidiaries of Russia’s Rosneft could be hit by windfall tax
This month the Russian Ministry of Justice and the cabinet approved the draft law proposed by the Ministry of Finance "On tax on excess profits of previous years", or the so-called one-time “voluntary” windfall tax on the real sector.
Yemeni oil and gas back in focus amid peace talks
Yemen’s oil and gas sector is facing a precarious future as peace talks between the Saudi-backed government and the Houthi rebels intensify. The war in Yemen has caused oil output to plummet, with the country now producing just 7,000-10,000 bpd.
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