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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.
IFC has provided $9.4bn to support African projects towards scaling up food security, intra-regional trade
CDGN joins Tradener and GasBridge in buying gas directly from Bolivia
CDGN, a subsidiary of Brazil’s MDC Group, has become the third privately owned Brazilian firm to buy natural gas directly from Bolivia, without Petrobras acting as an agent or intermediary.
AfrElec: South Africa's president outlines five-point plan to address electricity supply crisis
Gas flows in Nord Stream 1 at 20% are insufficient to fill gas storage ahead of winter
Gazprom’s announcement that it was cutting gas flows in the Nord Stream 1 pipeline to 20% of capacity on July 25 means the EU will miss its deadline to fill storage tanks to 80% full by October 1.
California to set goal of 20 GW offshore wind by 2045
California Governor Gavin Newsom has called on state regulators to create a goal of at least 20 GW of offshore wind by 2045.
Nigeria’s Port Harcourt unlikely to refine this year
Russian utility majors delay capacity modernisation
Eni, Sonatrach report new oil discovery in North Berkine basin
Italy’s Eni and its Algerian partner Sonatrach made a new hydrocarbon discovery in RODW-1, an exploration well drilled within the research perimeter of Sif Fatima II, a concession in the Berkine North basin.
Unusual heat doubles tomato prices in Tajikistan
TotalEnergies begins production at Ikike field offshore Nigeria
TotalEnergies (France) announced on July 25 that it had launched production at Ikike, a shallow-water field within the OML 99 licence area offshore Nigeria.
Turkey battling wildfires in eight provinces
Indonesia set to miss 2022 lifting targets
Indonesia looks set to fall short of its oil and gas lifting targets for 2022 after a series of setbacks.
Slovakia ready to reduce dependence on Russian gas
CGX, Frontera reach financing deal for Wei-1 exploration well
Canada’s CGX Energy and its parent company Frontera Energy have struck an agreement with each other on financing arrangements for Wei-1, their next exploration well at the Corentyne block offshore Guyana.
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