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Upcoming Brazilian auctions draw interest from 14 IOCs
Brazil’s government has revealed that more than a dozen international oil companies have registered to participate in an upcoming licensing round covering four sizeable confirmed offshore fields.
Ecuador to drop out of OPEC as of January 1
Ecuador has made the decision to withdraw from OPEC at the start of next year.
NNPC head expects major downstream interest, OPEC compliance
Russia's Lukoil share buyback met positively by analysts
Hungary fills up gas storage facilities to full capacity
Foreign Minister Peter Szijjarto says move guarantees domestic supply security and allows Hungary to store gas for other countries, after Gazprom agrees to top up Hungary's gas reserves.
World Bank’s IFC to advise Uzbekistan on PPP to develop 1,300 MW gas-fired power plant
ADB to provide $60mn to build hydropower plants with combined capacity of 25 MW in Uzbekistan
IRAN STAND-OFF: Day brings tentative step towards peaceful Gulf outcome
Tehran backs French plan for talks with US as broadly acceptable. Saudi energy minister described as “friend” by Iranian counterpart. Putin refuses to blame Islamic Republic for oil attacks. Riyadh says it wants regional “security and stability”.
Russia to sign a new gas transit contract with Ukraine if Kyiv implements European legislation on transit before end-2019
Potential still there off Norway: NPD
Japan pledges $10bn for global LNG projects
The Japanese government has pledged $10bn of both public and private funding for liquefied natural gas (LNG) projects around the world.
Santos, BP win permit offshore WA
Santos and BP have been awarded a new permit offshore Western Australia that the Australian independent has described as being “on-trend with the Dorado discovery” in the adjacent permit.
PetroChina adds oil, shale gas reserves
State-run PetroChina has added more than 1bn tonnes (7.33bn barrels) of oil reserves in north-western China, the company said on September 29.
AfDB walks away from coal
The African Development Bank will no longer support any coal projects in Africa and has instead committed itself to fighting climate change.
EIB, Dutch lend to Kenyan utility solar
The European Investment Bank (EIB) and FMO, the Dutch development bank, are to provide $106mn of loans to finance the construction and operation of two 40-MW solar photovoltaic (PV) plants in Kenya.
Sempra announces potential LNG supply deal with China
Sempra Energy’s MoU with a Chinese company over potential LNG supply co-operation suggests growing optimism that an end to the US-China trade war may be coming
Eskom to issue 1.4-GWh battery tender
Eskom intends to issue a tender soon for 1.4 GWh of battery storage capacity at up to 18 sites across South Africa.
PNG seeks better deal on P’nyang project
Papua New Guinea (PNG) Petroleum Minister Kerenga Kua is once more on the war path over how much the government receives from the country’s natural gas developments.
Russia renews nuclear offensive in Africa
Rosatom is fostering closer atomic energy ties to Africa as Moscow shows off its new green credentials
PTT, Gulf Energy to build Thai LNG terminal
Thailand’s state-owned PTT has teamed up with Gulf Energy Development to build a THB40.9bn ($1.33bn) liquefied natural gas (LNG) import terminal on the country’s east coast.
Petronas charters LNG carrier from Avenir
Malaysia’s state-owned Petronas has chartered a liquefied natural gas (LNG) carrier from the UK’s Avenir LNG to be used in bunkering operations offshore the Southeast Asian country.
India cuts gas prices
The Indian government has reduced the price of locally produced natural gas for six months from October 1, the first such cut in more than two years.
Uzbekistan’s five-year goal to overhaul its energy industry
The relaxation of Uzbekistan's energy industry’s ownership has created a bonanza of redevelopment projects set to be completed in the next five years. These projects including energy generation and a general liberalisation of state ownership
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