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Suriname hopes bond sale will generate funds for offshore exploration

The national oil company (NOC) of Suriname hopes to raise money for offshore exploration projects with a bond sale in 2020.

Romanian hydropower company Hidroelectrica up 17% y/y, valued by minority owner

Japan’s MODEC sells bonds to refinance FPSO now working offshore Brazil

Japan’s MODEC has issued project bonds on international capital markets to raise the money needed to refinance an FPSO chartered for work in the pre-salt zone offshore Brazil.

IHS Markit to host roadshow presentations for Angola’s next licensing round

IHS Markit has agreed to assist Angola’s National Agency for Oil, Gas and Biofuels, known as APNG, with its next licensing round, which is due to take place in September.

Kenyan government to endorse Qatar Petroleum’s farm-in deal for Lamu blocks

Kenya’s government intends to endorse Qatar Petroleum’s plans to join an offshore oil exploration project in the Lamu Basin.

Delayed Iraqi oil cargoes to begin arriving in Jordan

Aramco deals with fire at Shaybah

Detained Iranian tanker now on its way to Greece

Gazprom seeks state aid for Baltic gas hub

Chinese firms still in talks to develop Iranian fields

ADB to support construction of Uzbek 100 MW solar power plant in Surkhandarya Region

Uzbekistan outlines three-stage programme for Bukhara oil refinery upgrade

Russia $1bn windfall as demand for Urals blend oil spikes on Iran, Venezuela sanctions

EBRD considering €45mn loan to construct 800MW hybrid solar plant in Morocco

Poland reportedly considering supporting US-led mission to protect tankers off coast of Iran

Russia’s LNG production soaring in 2019

Russia has kept is oil and gas production capped in keeping with the terms of the OPEC+ deal, but the production of LNG has soared in the last year, as the Kremlin hopes to turn gas into a commodity that can be sold anywhere.

Ukraine seeks to recover $3bn from Russia's Gazprom by late 2020

Polish Gaz-System signed contract with US Solar Turbines to deliver components for Balitc Pipe gas link

Last-minute US plea stands in way of Gibraltar release of Iranian oil tanker

Kosovo’s electricity production from thermal power plants down 15.7% y/y in 2Q19

Albanian KESH’s optimisation of operations yields results

Koch exits oil sands

Koch Industries has confirmed that recently sold off its upstream leases and abandoned licences in Alberta’s oil sands.

Oil shipments begin on Cactus II

Commodity trader Trafigura announced on August 12 that it has started shipping oil on the Cactus II pipeline out of the Permian Basin.

Net profit of Russian InterRAO utility weak in 2Q19, but outlook intact

Net profit of Russian InterRAO utility weak in 2Q19, but outlook intact