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Norway offshore wind targets: uncertainty remains, says trade group
The Norwegian Government wants to allocate 30 GW of offshore wind capacity by 2040. But uncertainty remains on the licensing schedules and auction design, says WindEurope.
Europe: more than 10 GW of floating wind in operation by 2030, says WindEurope.
Europe will have more than 10 GW of floating wind in operation by 2030, predicts WindEurope. The continent today has just 113 MW of floating wind turbines in operation but is in the process of developing many more and larger floating wind farms.
New policy announced to slash fees for renewables projects on US public land
US Interior Secretary Deb Haaland has announced a new policy to reduce rents and fees charged for wind and solar projects on public lands and is establishing Renewable Energy Co-ordination Offices throughout the western US.
Saudi price hike targets Asian customers
Perenco to assume operatorship of Etinde gas field offshore Cameroon
UK-based Bowleven Oil & Gas says its partner New Age (African Global Energy) has arranged to transfer operatorship of the Etinde field offshore Cameroon to the British-French company Perenco.
Central African Forest Initiative (CAFI) responds to DR Congo’s attempted balancing act
Kinshasa intends to auction off oil and gas exploration blocks next month and proceed with a $500mn forest preservation project, despite concerns about conflicting objectives.
South Africa must ensure its rail, power utilities are more efficient to grow economy, IMF says
ANPG sees Angola’s oil and gas sector attracting $66bn in investment over next five years
Angola’s National Agency for Petroleum, Gas and Biofuels (ANPG) expects the country’s hydrocarbon sector to attract $66bn worth of investments over the next five years.
Po Valley clears hurdle at Podere Maiar field
Serica reassures investors after share slump
US reportedly loosening Venezuelan sanctions further by allowing Eni, Repsol to export oil
The US government appears to be moving forward with steps to loosen sanctions on Venezuela’s oil and gas sector, according to information from a Reuters report.
Cost of utilities will not increase in winter period, Zelenskiy announces
President Volodymyr Zelenskiy has urged the government and local authorities to keep the cost of utilities down to pre-war levels for the winter season, Epravda reported on June 8.
KPC seeks loan to finance output expansion
MEOG: FEED deal and FPSO arrival
DMEA: Pipeline preparations and fuel prices
NorthAmOil: Energy Transfer finalises another offtake agreement
US-based Energy Transfer has signed an LNG sales and purchase agreement with China Gas Hongda Energy Trading, a subsidiary of China Gas Holdings.
AsianOil: Sasanof-1 well off Australia comes up dry
Privately owned Western Gas has reported that its Sasanof-1 exploration well offshore Western Australia found no commercial reserves of oil and gas.
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