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Mexico's AMLO says his government is committed to reducing gas flaring
Mexican President Andres Manuel Lopez Obrador told reporters last week that his government was committed to reducing associated gas and methane flaring.
Former energy minister casts doubt on Rowley’s predictions of rise in gas production
Kevin Ramnarine, the former energy minister of Trinidad and Tobago, is sceptical about PM Keith Rowley’s recent prediction that natural gas production levels will start rising before the end of 2022.
Energía Argentina in steel pipe contract with Tenaris for Vaca Muerta gas project
State-owned Energía Argentina has signed a contract with SIAT, a subsidiary of the Luxembourg-based steel pipe maker Tenaris, for the supply of welded pipes for the President Néstor Kirchner Gas Pipeline (PNKG) project.
China aiming to re-export LNG to Japan, South Korea
EIB to invest in green energy in Mauritania
The Mauritanian and EIB Presidents have signed a declaration on green hydrogen cooperation
Financial close nears for Malaysia’s Pengerang Complex with start-up planned for fourth quarter
Percussion reportedly puts Permian Basin acreage up for sale
Private equity-backed Percussion Petroleum II is reportedly seeking buyers for acreage in the prolific Permian Basin that could be worth up to $1.5bn.
Canada’s Parliamentary Budget Officer: Trans Mountain pipeline no longer profitable
The Canadian government-owned Trans Mountain oil pipeline is no longer profitable as a result of cost overruns and delays to its expansion project, according to a report released on June 22 by the country’s Parliamentary Budget Officer.
Biden calls for three-month suspension of federal gasoline, diesel taxes
US President Joe Biden this week called for Congress to suspend federal gasoline and diesel taxes for three months amid soaring average gasoline prices that have reached close to $5 per gallon ($1.32 per litre) on a nationwide basis.
Reducing investment in fossil fuels can fund Europe’s energy transition
Europe’s electricity system could become greener, more secure and more resilient while not requiring any funding if the right investments are made to replace increasingly expensive fossil fuels.
Coal investment remains major threat to green dream
An 8% rise in global energy investment in 2022 to $2.4 trillion, driven by a 12% rise in clean energy spending, is still far from enough to tackle the energy crisis and to put the world on the path to a greener and more secure energy future.
Earth and Wire, Ambri partner on 300MW long-duration energy storage project in South Africa
World has moral responsibility to support vulnerable Africa’s green transition, says IEA
The wider world has a moral responsibility drive forward the green transition in Africa, which has seen considerable slippage in growth rates since the COVID pandemic.
Côte d'Ivoire breaks ground on $10.5mn centre to train next generation of renewable energy professionals
Kazakhstan says it remains committed to long-term oil output goal of 100mn tonnes per year
MOL’s Slovenian acquisition under EU scrutiny
Parties meet to discuss Trans-Saharan Gas Pipeline
EDP receives second LNG shipment in El Salvador via ship-to-ship transfer
BW LNG, a subsidiary of Singapore-based BW Group, reported last week that the Energía del Pacífico (EDP) joint venture had received its second shipment of LNG via ship-to-ship transfer in El Salvador.
China faces floods as impact of climate change is felt
Parts of China are seeing their worst flooding in decades as 500,000 homes are damaged, roads collapse and some houses are swept away.
Czech government to allocate CZK66bn to help citizens and businesses cope with high energy prices
ACWA Power signs 1.1-GW wind project deal in Egypt
ACWA Power aims to build a 1.1-GW, $1.5bn wind project in Egypt together with local developer Hassan Allam Holding.
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