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Petrobras collects BRL232.6mn from Vitol settlement
Brazil's state-run oil and gas company Petrobras has received BRL232.6mn ($43mn) in a settlement with global energy trading firm Vitol in relation to the ongoing Lava Jato (Car Wash) corruption scandal.
Signs of improvement for PetroTal in Peru
PetroTal’s outlook for the Bretana oilfield is brighter, thanks to Lima’s new agreement with indigenous communities and the opening of a new export route through Brazil.
Enauta takes control of offshore Atlanta field
The Brazilian independent player Enauta Participações has taken 100% ownership of Block BS-4, which contains the offshore Atlanta field, following its partner Barra Energia’s decision to withdraw from the block last November.
US sanctions drive Halliburton to remove all Venezuela staff
Houston-based Halliburton, one of the world’s largest oilfield services providers, has reportedly removed all staff from its offices in Venezuela in light of US sanctions policy.
US regulators approve request to convert Kenai LNG plant to imports
The US Federal Energy Regulatory Commission (FERC) approved a proposal in the second half of December to convert the mothballed Kenai LNG export facility in Alaska to imports on a limited basis.
Shale consolidation continues over Christmas with Diamondback deals
Consolidation of the US shale industry continued over the 2020-21 festive season, with Diamondback Energy announcing on December 21 that it had struck separate deals to acquire QEP Resources and all assets of Guidon Operating.
NNPC eyes $1bn prepay deal to fund refining revamp
Norwegian watchdog flags up "serious breaches" of safety at Equinor's Martin Linge project
Belarus pens deal for Azeri oil supplies
Egypt offers $950mn in loans to convert cars to gas
Enel, Qatar Investment Authority to develop renewables in Africa
Enel Green Power has farmed in a subsidiary of Qatar Investment Authority into its 800-MW renewables pipeline in South Africa and Zambia.
Petronas assumes control of E11 gas hub
Malaysia’s Petronas has assumed operatorship of the offshore E11 natural gas hub from Royal Dutch Shell, the state major said on January 7.
Indian fuel prices soar
Indian gasoline prices climbed to an all-time high this week amid improving domestic demand and stronger international oil prices.
Eskom takes Koeberg reactor offline, prompting more load-shedding
Eskom has closed Unit One at its 1,800-MW Koeberg nuclear power plant after leaks were found in one of the steam generators.
Siemens Gamesa seals first wind project in Ethiopia
Siemens Gamesa has signed its first wind power project in Ethiopia with state-owned utility Ethiopian Electric Power (EEP).
Georgia Senate runoff a game-changer for Biden
The Democrats’ double victory in Georgia’s runoff election narrowly hands them control of the Senate, making it significantly easier for US President-elect Joe Biden to proceed with his legislative agenda.
Eni shelves Australian asset sale
Italian major Eni has reportedly put its sale of natural gas assets in Australia on hold after failing to attract bids of sufficient value.
Shell agrees to sell down stake in QCLNG common facilities
Royal Dutch Shell announced on December 21 that it had agreed to sell a 26.25% stake in the Queensland Curtis LNG (QCLNG) common facilities to Global Infrastructure Partners Australia.
Qatar hires McDermott for LNG FEED work
Drilling resumes at Mozambique's Coral FLNG
Nigeria to begin $1.6bn power investment in 2021
The Nigerian government is confident that the World Bank-backed $1.6bn investment in the country’s transmission work will begin to be felt this year, with up to 7,000MW available through the grid.
GERD talks remain hostage to regional conflicts
Regional unrest could derail the GERD project unless all governments involved remain committed to the success of the latest round of talks
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