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Lithuania to hold tender for 700-MW offshore wind farm
Lithuania's Ministry of Energy is set to announce a tender for a 700-MW offshore wind farm in the Baltic Sea.
Polish power companies to add 22 GW of new capacity by 2036
LONG READ: Russia abandons deceptively deep Baltic discounted prices for market prices in Asia
The discounts Russia is being forced to offer on its oil exports after twin sanctions were imposed look big, but thanks to huge changes in the market the real price Russia gets for its oil is much higher.
Azerbaijan exported 8.7 bcm of gas to Turkey in 2022
CPECC, TotalEnergies sign deal on building ground facilities for Tilenga oilfield in Uganda
China Petroleum Engineering & Construction Co. (CPECC) has signed a deal with TotalEnergies to construct ground facilities for the Tilenga oilfield in Uganda.
TechnipFMC wins $250mn contract from TotalEnergies for work offshore Angola
New York-listed TechnipFMC has secured a contract worth up to $250mn for work at Girassol, an oilfield at Block 17 offshore Angola.
Gazprom chief to visit Iran for talks
Alexey Miller, the CEO of Gazprom, is scheduled to visit Tehran on this week to hold discussions with senior officials of Iran's oil and gas sector. The Iran embassy in Moscow has confirmed this news.
ADNOC increases gas IPO share to 5%
Abu Dhabi National Oil Co. (ADNOC) has announced that it will increase the stake in its gas business being offered in an initial public offering from 4% to 5%.
Kyrgyzstan's 2022 imports of petroleum products higher by 45% y/y
Iraq mediates in latest talks between Iran and Saudi
Venezuelan oil output rising but could run up against constraints soon
Venezuela’s oil output has risen since the US government began easing trade sanctions late last year, but it may not be able to go much higher due to logistical and structural constraints on output capacity.
Pemex reportedly in talks with Goldman Sachs, JPMorgan Chase on $1bn in financing
Mexico’s national oil company Pemex is reportedly in negotiations with Goldman Sachs Group and JPMorgan Chase over financing deals worth a combined $1bn.
Petrobras sets record for CCUS gas re-injection in 2022
Brazil’s Petrobras set a record in carbon dioxide capture, use and geological storage in 2022, reaching a volume of 10.6mn tonnes per year re-injected, equivalent to 5.8bn cubic metres of CO2.
Bulgarian police raid coal-fired power plants in EPPO fraud probe
Investigation concerns suspected EU Emissions Trading System fraud causing millions of euros of losses to the state and EU budget.
Nexans awarded landmark wave energy contract in US
Nexans has been awarded the contract for PacWave South, the US’s first grid-connected wave energy test facility.
New French fund to develop $92.5mn solar in Africa
French fund manager RGREEN INVEST and investment advisor ECHOSYS INVEST have closed their new fund, the AFRIGREEN Debt Impact Fund, raising €87.5mn ($92.5mn), which will be used to finance on-and off-grid solar power plants.
Masdar invests in Indonesian geothermal company
Masdar, a leading global clean energy company, is making a strategic investment in Indonesia-based Pertamina Geothermal Energy (PGE), a major player in the geothermal energy sector.
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