Latest Stories
EBRD to support two wind farms in Croatia with €43mn loan
Nordex, Ørsted report disappointing financials
German wind turbine maker Nordex has reported a 21% fall in sales in the first half of 2022, reiterating its prediction of a decrease in sales for the entire year.
Uzbekistan’s EV imports surge three-fold
Tajikistan aims to boost climate change resilience
Question of Iran’s rights should US pull out of a relaunched nuclear deal said to be obstacle to deal on JCPOA reinstatement
Israel sees Egypt’s LNG capabilities, European gas demand as reasons for continued co-operation
Israel will continue to work with Egypt in order to boost natural gas exports to Europe, as Egypt represents the country’s best option for producing LNG, Energy Minister Karine Elharrar has said.
Aramco posts bumper results for Q2
California, Massachusetts adopt offshore wind goals
California now has a target of 25 GW by 2045 for offshore wind. An interim target of 5 GW by 2030 has also been established. No offshore wind farms yet exist off the US West Coast.
Ghanaian MP unveils plans for Tema-Takoradi gas pipeline
Frank Annoh-Dompreh, a Ghanaian MP representing Nsawam Adoagyiri in Eastern region, says Ghana Gas will build a 290-km pipeline system serving four regions.
Nigeria: Accugas to provide gas to Notore Chemical Industries
Accugas, a 80% indirectly-owned subsidiary of Savannah Energy, has entered into a new gas sales agreement with Nigeria’s Notore Chemical Industries.
Nigeria signs renegotiated PSCs for five deepwater blocks
Nigerian National Petroleum Co. Ltd (NNPC Ltd) has completed the process of negotiating new production-sharing contracts (PSCs) for five deepwater blocks in a move that will unlock more than $500bn in revenue.
Turkey’s Enerjisa Uretim obtains $102mn loan from HSBC
Kazakhstan’s food security hopes for the world undermined by food insecurities at home
Central Asia’s largest economy facing up to sobering climate change effects on agriculture and economic disruption of Ukraine war.
Russian aluminium major Rusal ups stake in RusHydro to 9.2%
Vietnam coal imports to peak by mid-2030s
AsiaElec: Vietnam coal imports to peak by mid-2030s
Hexicon and Avapa plan five floating offshore wind projects off Italy
Hexicon of Sweden’s 50:50 joint venture, AvenHexicon, with Avapa Energy is currently developing five offshore floating wind sites in Italy. They will be sited off Sardinia, Sicily and Puglia.
Ørsted progresses with 1.3-GW Hornsea 2, requires suppliers to use 100% renewables
Danish renewables giant Ørsted reports that Hornsea 2’s turbines are all commercially operational. The 1.3-GW wind farm, the largest in the world, will be fully commissioned later in the second half of August.
Israeli clean energy firms Enlight, NewMed to start operations in Morocco, other MENA countries
South African coal miner Seriti cements green ambitions with $55mn investment in wind, solar developer Windlab Africa
Major South African coal supplier Seriti Resources (Seriti) has entered into an agreement to acquire a major stake in renewable energies company Windlab Africa for $55mn.
New Fortress Energy expects to bring two Brazilian LNG terminals on stream next year
US-based New Fortress Energy (NFE) reports that it is nearly finished with the establishment of two new LNG import terminals in Brazil.
ExxonMobil sees tie-backs as an option for bringing more Stabroek fields on stream
ExxonMobil Guyana is giving serious consideration to proposals for using subsea tie-backs to link new oil finds at the Stabroek block to existing production facilities in order to streamline development operations.
TotalEnergies and partners sign agreement with Argentina on Fenix gas field
TotalEnergies (France) and its partners have signed an agreement with Argentina’s government on the development of Fenix, a natural gas field located in San Sebastian Bay off the coast of Tierra del Fuego Province.
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