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Keystone pipeline returns to normal service
The Keystone pipeline, which carries crude from Canada’s oil sands to the US, resumed normal service on July 23 following a nearly week-long reduction in capacity that had resulted from damage to a third-party electric substation.
Schlumberger beats second-quarter expectations
Oilfield services giant Schlumberger said last week that it had more than doubled its net profit for the second quarter of 2022.
Ottawa may give oil and gas industry more time to meet 2030 emissions targets
The Canadian government may consider giving the oil and gas industry more time to meet federal 2030 greenhouse gas emissions-cutting targets.
Shell to acquire Shell Midstream Partners in nearly $2bn deal
Shell announced this week that it had reached an agreement to acquire its Shell Midstream Partners master limited partnership for $1.96bn.
Pakistan’s energy crisis worsens economic crunch
Raisi calls for ‘serious’ pursuit of Iran’s Helmland River water rights from Afghanistan
At least 53 confirmed dead in Iran flash floods
Nordex Group wins contract for Finnish wind farm
A consortium comprising Finnish energy utility Helen and Ålandsbanken Wind Power Fund has commissioned the Nordex Group to supply and install 25 N163/5.X turbines for the 147.5-MW Karahka wind farm.
Eni raises reserve estimates for Baleine field offshore Côte d’Ivoire after production testing
Italy’s Eni has increased reserve estimates for Baleine, a field located offshore Côte d’Ivoire, following the successful drilling and testing of Baleine East 1X, its first exploration well at Block CI-802.
Pakistan cancels 300-MW Gwadar coal project
The Pakistani government has abandoned plans to build a 300-MW coal plant at Gwadar in the face of rising global coal prices.
Rosatom, Vietnam’s An Xuan Energy sign wind power agreement
Russia’s NovaWind and An Xuan Energy have signed a co-operation agreement for construction of a wind farm in Vietnam.
Japan and South Korea hit solar power records in May
South Korea and Japan have both achieved new solar records in May in the midst of a coal and gas crisis, energy think-tank Ember said.
Genser Energy secures $425mn for gas midstream projects in Ghana, Trafigura joins as investor, offtaker
Zimbabwe's bid to import electricity from neighbours faces competition from South Africa
Cheniere signs LNG supply deal with Thailand’s PTT
US LNG producer Cheniere Energy announced this week that it had struck a deal to supply the super-chilled fuel to a unit of Thailand’s PTT.
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