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ExxonMobil makes two new finds at Stabroek
US-based ExxonMobil said on July 26 that it had made two finds at the Stabroek block offshore Guyana, bringing the total number of discoveries made at the licence area this year up to seven.
Iranian power plant constructor MAPNA announces record $2.5bn in technology and engineering exports
Ukraine could increase gas transits to EU to over 200mn cubic metres per day
Ukraine has stated it could increase gas transits to over 200mn cubic metres per day to the EU after Gazprom cut gas flows via the Nord Stream 1 pipeline, Ukraine Business News reported on July 26.
Enagas says July 24 dip in Algerian gas supplies was only temporary
Enagas, the owner and operator of Spain’s gas transportation system, confirmed on July 24 that the volume of Algerian gas imports had declined briefly but stressed that the drop was temporary.
Sempra Infrastructure, CFE sign agreements on major gas projects
US-based Sempra Infrastructure has signed a package of new agreements with the Federal Energy Commission (CFE), Mexico’s national power provider, to advance co-operation on several major natural gas projects.
Perenco’s PCM subsidiary starts exporting oil from southern Chad via Cameroon
PetroChad Mangara (PCM) announced that it had begun exporting crude oil via the Chad-Cameroon pipeline after resuming production at two fields in the Doba basin in southern Chad.
Guyanese minister touts Yellowtail permit’s capping stack requirement
Guyana is on track to become the only hydrocarbon-producing country in the region to have a capping stack available within, according to Minister of Natural Resources Vickram Bharrat.
Bolsonaro, Sachsida seek to quell concerns over high diesel prices
Brazil’s President Jair Bolsonaro and Minister of Mines and Energy Adolfo Sachsida have sought to assuage concerns about high diesel costs, saying that the government is working to increase supplies.
Hungary to veto EU’s gas rationing plans
EIG, Fluxys complete acquisition of majority stake in Chilean LNG terminal
EIG Energy Partners (US) and Fluxys (Belgium) have completed the acquisition of an 80% stake in GNL Quintero, a Chilean LNG import terminal.
IDC completes first Nasiriyah well
Rosneft starts drilling at Vostok Oil
Ukraine’s Naftogaz faces default on $335mn bond payment
Naftogaz failed to persuade enough of its bondholders to accept a two-year freeze on payments at the eleventh hour and the government refused the company permission to make good on its obligations.
EU clinches deal on 15% cut in gas consumption from next month
EU member states have agreed to back the European Commission’s proposal to implement a 15% cut in gas consumption starting next month, but the agreement includes some concessions to those countries that had voiced opposition to the measure.
Federal government plans offshore wind development in Gulf of Mexico
The US Bureau of Ocean Energy Management (BOEM) is seeking public input on two offshore wind energy development areas in the Gulf of Mexico. President Biden had announced the federal government would take this action in a speech in Massachusetts.
Angola could save 275mn litres of diesel per year through energy transition, minister says
Ørsted buys German developer Ostwind
Danish renewables giant Ørsted has agreed to purchase the German solar and wind developer Ostwind, which has projects in both Germany and France.
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