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Kazakh copper kings ride the drive for net zero

7 September 2022

Electric vehicle revolution has transformed the copper business. Surplus of metal likely to swing to deficit in coming years.

S&P cuts Kazakhstan outlook to negative amid fears of Russian hand on oil export tap

7 September 2022

Oil accounts for around 15% of Kazakh GDP. Russia has ability to block pipeline via which its neighbour transits 80% of its crude bound for global markets.

Sanctions leakage: oil and gas

7 September 2022

Not only have the extreme sanctions imposed on Russia following its invasion of Ukraine in February not crushed the economy, Russia is making a killing from the war thanks to the abundant leaks in the sanction regime.

South African official says offshore oil and gas projects are viable at crude price of $70 per barrel

6 September 2022

The chief economist for South Africa’s Department of Mineral Resources and Energy has said that offshore hydrocarbon projects will be economically viable if world oil prices stay at $70 per barrel.

PASA says TotalEnergies has applied for Block 11B/12B production licence

6 September 2022

Petroleum Agency SA (PASA), the national hydrocarbon regulator of South Africa, said on September 6 that TotalEnergies (France) had applied for a production licence covering Block 11B/12B.

Argentina’s PAE outlines plan to export gas to Brazil

6 September 2022

Pan American Energy (PAE), Argentina’s second-largest producer of crude oil and fourth-largest supplier of natural gas, has announced plans to start supplying gas to neighbouring Brazil.

LatAmOil: Barbados prepares to offer all 22 open offshore blocks

6 September 2022

Barbados will offer all 22 available blocks in its offshore zone to international oil companies in a bidding round in the fourth quarter of this year.