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Azerbaijani Energy Minister meets China Energy International Group

12 December 2023

Azerbaijani Energy Minister Parviz Shahbazov held a meeting in Baku with the president of China Energy International Group Co., Qiao Xuebing.

China to produce electric buses in Azerbaijan

12 December 2023

Azerbaijan Investment Company, the Chinese conglomerate BYD Company and the Electrify Azerbaijan Company have signed a memorandum of understanding.

Brazil expands natural gas capacity alongside offshore wind legislation

11 December 2023

Brazil has approved a new legal framework for offshore wind energy, paving the way for the addition of 4.25 GW of natural gas thermoelectric plant capacity. This initiative is expected to support the integration of new pipeline networks.

EU, Brazil, California and Panama join Global Offshore Wind Alliance

11 December 2023

The EU, Brazil, Panama, and the US state of California officially endorsed on December 5 the Global Offshore Wind Alliance (Gowa). The announcement came during the UN COP28 climate conference held in Dubai.

Brazil's base oils output plummets 62% in October on maintenance schedules

11 December 2023

According to the National Agency of Petroleum, Natural Gas and Biofuels (ANP), the country's output in October stood at 22,515 cubic metres (20,265 tonnes), down significantly from 52,370 cubic metres during the same period the previous year.

Iran’s petchem exports down 18% in first seven months

11 December 2023

Iranian petrochemical exports plunged 18% in the first seven months of the current Persian calendar year (March 21-October 22), with exporters blaming the noticeable drop on the monetary policies of the Central Bank of Iran (CBI).

Masdar advances 10GW Africa energy transition growth plan

11 December 2023

UAE-based Masdar is advancing a 10-GW growth plan across six Sub-Saharan nations. The announcements were made during COP28, in Dubai in the UAE.

Nigeria's new Dangote oil refinery projected to generate $27bn annually

11 December 2023

The refinery, built by the Dangote Group, has a daily processing capacity of 650,000 barrels per day and will initially refine 350,000 bpd. Inaugurated in May, it is set to begin operations in December.

Kenya plunged into darkness as country suffers third nationwide power blackout in four months

11 December 2023

Kenya was hit by another nationwide power blackout over the weekend, plunging the country into darkness for hours and paralysing operations at the main airport.

Vietnam and Laos deepen energy cooperation with focus on electricity and coal

11 December 2023

Vietnam and Laos have taken significant steps to strengthen their ties in the energy sector, placing particular emphasis on importing electricity and coal from Laos

Libya plans to raise crude production by 100,000 bpd in 2024

11 December 2023

Libya’s National Oil Corporation plans to increase its crude output by 100,000 barrels per day (bpd) in 2024, its head, Farhat Bengdara, told The National. Higher production gives NOC a chance to replace reduced crude supplies from other places.

Energean signs $110mn deal with Chariot to co-develop two offshore licences in Morocco

11 December 2023

London-based Energean signed partnership agreements worth around $110mn (€102.2mn) with energy group Chariot to support operations of two offshore licences in Morocco, according to a statement over the weekend.

New Bulgaria-Serbia gas pipeline put into operation

11 December 2023

Bulgarian president says interconnection that will carry Azeri gas to Serbia “changes the energy map of Europe”.