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Indian authorities seek Supreme Court approval to resume Adani Group coal probe
Indian investigators are pushing to reopen a probe into the Adani Group over allegations of coal import overvaluation
US charges three more tankers with busting oil price cap sanctions, warns 30 more companies
The US Office of Foreign Assets Control (OFAC) has charged three more UAE-flagged tanker with busting sanctions by ignoring the $60 oil price cap and has issued warning letters to 30 more shippers operating more than 100 vessels.
AIM-listed rare earths investor Mkango to build and operate 25MW solar plant at Malawi project
South Africa’s power utility Eskom to expand transmission network
Managing Director of Transmission at South Africa’s state-owned power utility Eskom, Segomoco Scheppers, said the company was working hard to expand transmission lines and unlock future generation capacity for the power grid.
Scottish Enterprise spends GBP9mn to set up cables factory for Xlink's UK-Morocco project
Indonesia elevates nuclear power development in National Energy Policy
The Indonesian government is intensifying efforts to advance nuclear power plants by integrating them into the discussions of the National Energy Policy
Serbia’s EPS posts profit of €746mn in January-September
Foreign investors flood Mozambique's solar energy sector despite continuing Islamist insurgency
Bulgaria’s government close to collapse amid tensions over Russian oil imports
Two of the three formations behind Bulgaria's government are threatening to pull out after disagreements over the end of the derogation for Russian oil imports.
Russia diversifies crude oil buyers with first-ever shipment to Brunei amidst sanctions
Russia has ventured into new markets by shipping its inaugural Urals crude oil cargo to Brunei
Indonesia advocates for investment in renewable energy at APEC 2023
Teuku Riefky, a macroeconomics and financial markets economist at the University of Indonesia, emphasises the need for Indonesia to attract investments in the energy transition sector, particularly in renewable energy
Indonesia's upward trend in domestic component levels in the oil and gas upstream sector
Indonesia's Special Task Force for the Upstream Oil and Gas Business Activities has reported that the domestic component level in the upstream oil and gas industry has reached 61.8%
President Joko Widodo welcomes Exxon Mobil's green petrochemical refinery, CCS collaboration
President Joko Widodo welcomes Exxon Mobil's green petrochemical refinery, CCS collaboration
ADNOC Drilling forms tech JV as parent continues expansion
ADNOC Drilling and Alpha Dhabi agreed to a 51:49 JV deal, with the new entity formed to acquire ‘technology-enabled companies, enhancing ADNOC Drilling’s capabilities”, according to state media outlet WAM.
Exxon aims to become a leading lithium producer for EVs
US supermajor Exxon Mobil's goal is to become a major lithium producer for electric vehicle batteries. Lithium is the major component in today’s EV batteries.
SBM Offshore delivers latest Guyana FPSO ahead of schedule
SBM Offshore CEO Bruno Chabas announced that his company had successfully delivered and put into operation the Prosperity floating production storage and offloading (FPSO) vessel ahead of schedule.
Argentinian presidential candidates face $12bn energy subsidy challenge
The winner of Argentina’s presidential runoff between Sergio Massa and Javier Milei is set to face a monumental challenge in deciding what to do about state energy subsidies that are aimed at curbing consumers’ energy bills.
Peru’s President Boluarte expedites natural gas expansion in southern regions
Peruvian President Dina Boluarte asserted on November 13 that her administration has steadfastly prioritised the promotion and swift implementation of widespread natural gas usage since its inception.
Vitol’s Petrol Ofisi strikes deal to acquire BP’s petrol station operations in Turkey
Guyana's Natural Resource Fund hits $2bn
Guyana’s Natural Resource Fund (NRF) has reached a market value of $2bn for the first time since its establishment in 2019, a report from the Bank of Guyana showed.
Eco Atlantic receives government approval to operate in Guyana's Orinduik offshore block
Eco Atlantic Oil & Gas announced that it had received approval from Guyana’s Minister of Natural Resources for its transaction to acquire a 60% stake in the Orinduik offshore block.
Venezuelan coke gains traction in India as sanctions ease, narrowing discounts
The discount on Venezuelan petroleum coke in India's key market is narrowing after last month’s easing of US sanctions on Caracas. Indian cement makers are increasingly eyeing Venezuelan coke as an alternative to US and Saudi product.
WhiteHawk announces $54mn purchase of core Marcellus gas assets
WhiteHawk Energy has announced the purchase of additional Marcellus Shale natural gas mineral and royalty assets for $54mn.
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