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Sinopec, Ineos sign $7bn of downstream deals
China’s Sinopec and UK-based chemical and energy player Ineos have signed three petrochemical deals with a combined value of $7bn.
Iberdrola, BP to collaborate on EV charging and green hydrogen
Iberdrola and BP have announced plans to form a strategic collaboration to accelerate the energy transition and to significantly expand fast EV public charging infrastructure to support the adoption of electric vehicles.
Cape Town-based AIIM secures two investment commitments for new infrastructure development fund
AIIM secures two investment commitments for new infrastructure development fund
Russia’s Gazprom stops gas supplies to Latvia
AfrOil: Eni, Sonatrach strike oil in North Berkine basin
Italy’s Eni and its Algerian partner Sonatrach have made a new hydrocarbon discovery in Rhourde Oulad Djemaa Ouest-1 (RODW-1), an exploration well drilled in the Berkine North basin.
Kenya, Ethiopia sign 25-year power purchase agreement
Slovenia cuts VAT on some energy products to 9.5%
Czech energy firm CEZ is withdrawing from JV in Turkey
Descalzi says Eni may use NFE’s Fast LNG modular solution to expand Coral South LNG
Eni CEO Claudio Descalzi says his company may incorporate Fast LNG, a modular solution developed by US-based New Fortress Energy (NFE) for natural gas liquefaction, into the Coral South LNG project.
Enefit Green to establish Estonia’s largest wind project
Estonia’s Enefit Green, part of Eesti Energia’s group of companies, has signed an agreement to acquire the Tootsi wind farm project from Eesti Energia and plans to build the wind farms in Tootsi and Sopi simultaneously
Hungary cuts eligibility to subsidised fuel
Approval for Norsk Solar’s 18-MW solar PV project in Brazil
Norsk Solar has announced that the board of directors of Nordic Impact Co-operation (NIC) has approved the construction of six solar PV plants with a capacity of 18 MW in Brazil.
Deal a double-edged sword for climate activists
EQT continuing talks with LNG players
US natural gas producer EQT is continuing talks with LNG players as it continues to explore opportunities in the space.
Keystone pipeline returns to normal service
The Keystone pipeline, which carries crude from Canada’s oil sands to the US, resumed normal service on July 23 following a nearly week-long reduction in capacity that had resulted from damage to a third-party electric substation.
Schlumberger beats second-quarter expectations
Oilfield services giant Schlumberger said last week that it had more than doubled its net profit for the second quarter of 2022.
Ottawa may give oil and gas industry more time to meet 2030 emissions targets
The Canadian government may consider giving the oil and gas industry more time to meet federal 2030 greenhouse gas emissions-cutting targets.
Shell to acquire Shell Midstream Partners in nearly $2bn deal
Shell announced this week that it had reached an agreement to acquire its Shell Midstream Partners master limited partnership for $1.96bn.
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