Latest Stories

Nordex, Ørsted report disappointing financials

17 August 2022

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.

Israel sees Egypt’s LNG capabilities, European gas demand as reasons for continued co-operation

16 August 2022

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.

California, Massachusetts adopt offshore wind goals

16 August 2022

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

16 August 2022

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

16 August 2022

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

16 August 2022

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.

Kazakhstan’s food security hopes for the world undermined by food insecurities at home

16 August 2022

Central Asia’s largest economy facing up to sobering climate change effects on agriculture and economic disruption of Ukraine war.

Hexicon and Avapa plan five floating offshore wind projects off Italy

16 August 2022

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

16 August 2022

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.

South African coal miner Seriti cements green ambitions with $55mn investment in wind, solar developer Windlab Africa

16 August 2022

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

16 August 2022

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

16 August 2022

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

16 August 2022

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.