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VAALCO announces completion of South Tchibala 1HB-ST well at Etame Marin
VAALCO Energy (US) reported on June 7 that it had successfully completed the South Tchibala 1HB-ST well, after wrapping up drilling operations from the Avouma platform at the Etame Marin block offshore Gabon.
Dubai's Dragon Oil extends partnership with Turkmenistan's state oil company in $1bn deal
Ukraine is running out of money and Naftogaz is close to a bond default
Ukraine’s state-owned oil and gas company is likely to default, leading many to speculate that Ukraine will default later this year as the government struggles to pay for the war.
Serbia’s EPS and Srbijagas register loss of €1bn, electricity and gas prices expected to increase
South Africa electricity crisis: famous autonomous Afrikaner enclave seeks solar independence
Pan-African Renewable Energy Fund to close Africa’s $28bn access gap by accelerating renewable energy investments
Harith General Partners has partnered with Anergi Group to establish Pan-African Renewable Energy Fund (PAREF) to accelerate renewable energy adoption across the continent.
Tanzania raises cap on fuel prices
Turkey’s Citus uses Shanghai-listed Trina’s modules at 2.3 MW rooftop solar plant in Senegal
Pemex data show oil exports to North America rose significantly in May
Mexico’s national oil company Pemex has reported that oil exports to North America increased substantially in May of this year, both in comparison to the previous month and in comparison to May 2021.
Peru LNG reports export volumes down in June
Peru LNG, the operator of a natural gas liquefaction plant and export terminal in Pampa Melchorita, saw export volumes decline month on month in June.
Nigerian National Petroleum Company to compete with private sector
The Nigerian National Petroleum Company (NNPC) will fiercely contend for the country’s oil and gas assets in the country when it turns into a commercial entity later this month, CEO Mallam Mele Kyari said.
Nigerian government restructures five energy distribution companies
Nigeria is to restructure five of its eleven electricity distribution companies, all of which are privately owned, with a 40% stake held by the country’s government, Abuja has revealed.
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