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LTA parties pick up Aramco offshore work
Ukraine targets oil infrastructure inside Russia
A fire at an oil refinery 150 km behind Russia's front line has been widely attributed to a kamikaze attack by Ukrainian drones. This is only the latest in a series of targeted acts of sabotage in Russian territory.
Russia’s FinMin to tap Gazprom for $8bn extra taxes
Nordex in the doldrums
Nordex, the German wind turbine manufacturer, widened its loss in the first quarter as sales dropped and costs for logistics and raw materials escalated.
Siemens Gamesa wins most important part of patent fight against GE
German-Spanish company Siemens Gamesa Renewable Energy (SGRE) has won a patent infringement fight with GE Renewable Energy in a federal court in Boston.
Oil and gas companies mull 1-GW floating offshore wind farm off Norway
Five oil and gas companies – Equinor, Petoro, TotalEnergies, Shell and ConocoPhillips – that are partners in the Troll and Oseberg fields are studying the possibility of a 1-GW floating offshore wind farm in the Troll area off Bergen.
Vattenfall buys 85% share in two large early-stage floating offshore wind projects off Sweden
Swedish energy company Vattenfall is acquiring the majority share in two huge offshore wind projects – a total of 2.8 GW – from Norwegian wind company Zephyr. The projects are off the coast of Gothenburg in southern Sweden.
Microsoft contracts Enchanted Rock to develop California’s largest microgrid supported by biogas
Microsoft has contracted Enchanted Rock of Texas to develop California’s largest microgrid supported by renewable natural gas (RNG) or biogas. The data centre is in Silicon Valley near San Jose.
RWE, Commerzbank sign MoU for offshore wind fund
RWE and Commerzbank are planning a ‘Green Mittelstand Fund’ to give medium-sized industrial companies in Germany access to electricity from offshore wind plants. They also announced they are to develop a 1-GW offshore wind farm for the fund.
Qantas, Airbus to invest $200mn to speed up sustainable aviation fuel in Australia
Qantas Airways and Airbus will invest up to $200mn to hasten the development of a sustainable aviation fuels (SAF) industry in Australia in what they say is a landmark agreement.
US Solar Buyer Consortium to invest $6bn-plus in panels to drive domestic solar manufacturing
Four leading renewable energy companies – AES Corporation, Clearway Energy Group, Cypress Creek Renewables and D.E. Shaw Renewable Investments – have formed the US Solar Buyer Consortium to drive expansion of the domestic solar supply chain.
US government advances 1.1-GW wind project off New Jersey
The US Bureau of Ocean Energy Management (BOEM) has announced the draft environmental statement for the proposed and huge 1.1-GW-plus Ocean Wind 1 wind energy project off New Jersey.
APA says Krabdagu-1 well offshore Suriname holds at least 180mn barrels of oil
APA Corp. (US) revealed on June 21 that Krabdagu-1, an exploration well drilled at Block 58 offshore Suriname, appeared to contain at least 180mn barrels of oil in place.
Simularge assists Istanbul-listed Arcelik in saving €2mn on plastic material consumption
Russia to back €1.5bn investment in two gas-fired power plants in Bosnia’s Republika Srpska
Bosnian Serb leader Milorad Dodik announces major investment after he blocked Russia sanctions and voiced strong support for Russian President Vladimir Putin in St Petersburg.
Kosovo government to regulate fuel prices
Naftogaz increases payments to Ukraine's state budget by 34% and prepares to sue Russia's Gazprom
Naftogaz, Ukraine’s state-owned oil and gas company, increased payments to the state budget by 34.3%, Ukraine Business News reported on June 22.
NorthAmOil: Targa to buy Lucid in $3.6bn Permian acquisition
Targa Resources announced on June 16 that it had struck a deal to buy Lucid Energy from Riverstone Holdings and Goldman Sachs Asset Management for $3.55bn in cash.
MEOG: Kuwait to drill offshore
LatAmOil: APA reports on size of Krabdagu-1 well offshore Suriname
APA Corp. (US) revealed on June 21 that Krabdagu-1, an exploration well drilled at Block 58 offshore Suriname, appears to contain at least 180mn barrels of oil in place (OIP).
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