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PM Dorin Recean says Moldova won’t pay Gazprom's $709mn demand
Independent audit finds only $8.6mn of Gazprom's $709mn claims for historic debts are justified.
Brazil’s crude regulator interdicts FPSO Cidade de Santos on safety risk
After finding “critical deviations” in the vessel’s facilities, Brazil’s National Petroleum Agency has interdicted a floating production storage and offloading platform owned by the Japanese company MODEC and chartered to Petrobras.
Market weighs Petrobras thermal plant sales plans
Plans by Petrobras to sell its stakes in the Termocabo, Suape II and Araucaria thermal power plants are moving forward, but the state-controlled company could struggle to find interested buyers.
Paraguay summons Argentine ambassador to protest retention of tanker refusing to pay waterway toll
Paraguay is protesting Argentina’s retention of a oil tanker carrying 30mn litres of fuel to the Paraguayan capital for refusing to pay a recently implemented toll for using the Paraguay-Parana waterway.
Biden administration moves to restrict Alaska drilling
The administration of US President Joe Biden has unveiled plans to restrict drilling across a portion of Alaska, while ConocoPhillips is pushing ahead with efforts to develop the Willow project.
Viper expands footprint with $1bn mineral, royalty acquisition
Viper Energy Partners announced this week that it had agreed to acquire certain mineral and royalty interests from affiliates of Warwick Capital Partners and GRP Energy Capital in a cash and stock deal worth over $1bn.
Greek Empire Navigation admitted to violating the US oil embargo against Iran
Greek shipping company Empire Navigation has conceded to breaching US sanctions against Iran by illicitly transporting oil from that country in 2022, according to court documents cited by the Associated Press.
Enbridge to become North America’s largest gas provider with $14bn deal
Canada’s Enbridge has struck a deal to acquire three utilities – East Ohio Gas (EOG), Questar Gas and its related Wexpro companies and Public Service Co. of North Carolina (PSNC) – from Dominion Energy for a combined $14bn.
Indonesia's Jawa 9&10 Power Plant to pioneer green ammonia-hydrogen hybrid
The Jawa 9&10 Power Plant in Indonesia is set to become the world's first hybrid power plant to use green ammonia and hydrogen in its production process, Republika reported.
Only 11 countries are reducing emissions and all will miss Paris targets - Lancet
Green growth is not yet happening in any advanced economies – and high-income countries are not on track achieve enough emissions reduction without more far profound changes in consumption.
Only 11 countries are reducing emissions and all will miss Paris targets - Lancet
Green growth is not yet happening in any advanced economies – and high-income countries are not on track achieve enough emissions reduction without more far profound changes in consumption.
REM: Only 11 countries are reducing emissions and all will miss Paris targets, says Lancet
Enauta’s FPSO in Brazil coming back on stream by October
Brazilian oil and gas player Enauta is anticipating the return of production from an FPSO vessel that is working at the Atlanta field off Brazil by October. Previously, production was expected to resume by early September.
Brazil’s Petrobras allocates $64bn to exploration, production in 2023-2027
Petrobras’ updated strategic plan for 2023 to 2027 now allocates $64bn for exploration and production investments, with 67% earmarked for pre-salt projects.
Namibia hydrogen plans may generate $4.1bn by 2030, boosting GDP by a third, central banker says
NTPC Limited signs MoU with National Institute of Advanced Studies (NIAS) for nuclear power advancements
Malawi's electricity generator Egenco to co-develop local geothermal projects with Kenya's GDC
Global demand for uranium to rise 28% by 2030 in a business dominated by Russia
The World Nuclear Association (WNA) has released a report forecasting a significant increase in the global demand for uranium in nuclear reactors through to 2030, Reuters reported on September 7.
Renewable energy projects among priorities of Enterprise Georgia
Kazakstan challenges its current status within IAEA
Srbijagas and Greek Depa cooperate to supply gas
Oil majors plan to invest $1.5bn to explore 30 offshore discovery wells in Egypt
Egypt’s petroleum ministry working alongside global majors plans to explore 30 offshore discovery wells over the coming two years, media sources quoted Petroleum Minister Tarek El Molla as saying.
Russia's booming uranium trade
In June Russia sent its first cargo of uranium to India to feed the local nuclear power plant (NPP) since 2019. Russia’s nuclear exports are booming.
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