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SPDC head calls oil theft in southern Nigeria an “existential threat”
Osagie Okunbor, managing director of the Shell Petroleum Development Co. (SPDC) joint venture, has described oil theft in southern Nigeria as an “existential threat” to the country’s hydrocarbon industry.
Decom Engineering to deploy saws for West African, UKCS offshore pipeline cutting projects
Decom Engineering, a pipeline decommissioning firm based in Northern Ireland, said on July 7 that it had won contracts worth for two new projects offshore West Africa and on the UK Continental Shelf (UKCS).
Ukraine wants to increase electricity export capacity to 6 GW
Ukraine’s Minister of Energy Herman Halushchenko says that the country aims to increase its electricity export capacity to Europe to 6 GW, Ukraine Business News reported on July 11.
Eurowind plans five onshore ‘energy centres’ in Denmark totalling 2.5 GW
Eurowind Energy is planning five onshore renewable energy centres in Denmark with a total installed capacity of 2.5 GW.
What if Nord Stream 1 doesn’t come back online?
The Nord Stream 1 pipeline closed down on July 11 for routine maintenance. Under normal circumstances the 10-day closure would cause no alarm, but European officials have suggested that Moscow may keep the 55 bcm per year offline longer.
Nord Stream 1 shuts down for 10-day maintenance run
Istanbul-listed Otokar places single bid to supply 60 electric minibuses to Istanbul Municipality
Ghana’s Solar Taxi partner Kenya’s Persistent to expand e-mobility in Africa
Solar Taxi’s electric vehicles are designed for home charging but the company plans to build and deploy solar charging stations to support usage.
EDFI ElectriFI and Oikocredit to support Solar Panda’s off-grid solar power for low-income Kenyan households
Social impact investor and worldwide cooperative Oikocredit with European Union-funded Electrification Financing Initiative (EDFI ElectriFI) have co-invested $4mn each in Solar Panda.
South Africa power utility awards 7% salary hike
Kazakhstan’s petrol output up 4.2% y/y in Q1
OMV Petrom reports wider refining margin in Q2
Nigeria: Afreximbank to provide partial financing for UTM Offshore’s FLNG project
The African Export-Import Bank (Afreximbank) revealed on July 7 that it had agreed to work with Nigeria’s UTM Offshore to cover part of the cost of a floating LNG project.
Islamic State threatens Central Asian and Chinese ventures in Afghanistan
The terror group behind growing carnage in the wretched country says anyone working with the Taliban is a target.
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