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Japan, South Korea and Vietnam face risky exposure to LNG markets
Building a new generation of LNG import terminals and gas-fired generating stations would leave Japan, South Korea and Vietnam exposed to highly volatile gas prices and put up to $70bn of investment in danger. Renewables are a safer bet.
ArcelorMittal to develop 200 MW of green capacity in South Africa
Arcelormittal South Africa aims to develop 200 MW of renewable energy capacity in South Africa in a bid to insulate its steel production from the country’s unreliable and temperamental national grid and to push forward decarbonisation efforts.
QatarEnergy awards contracts under expansion drive
Kenyan regulator cutting export quotas for oil companies amid domestic shortage
Kenya’s energy regulator will reduce import allocation of firms who increased exports of oil products to neighbouring countries and left local markets with insufficient fuel supply.
Rosatom installs turbogenerator stator at Bangladesh’s Rooppur NPP
Rosatom has installed a turbogenerator stator at Unit I of the Rooppur NPP in Bangladesh.
GLNG: ADNOC orders two LNG tankers from Shanghai yard
Abu Dhabi National Oil Co. (ADNOC) has confirmed it is to order two 175,000 cubic metre LNG tankers from Shanghai’s Jiangnan Shipyard as part of plans to expand its shipping fleet and raise LNG production.
Shell resumes LNG shipments from Australia’s Prelude FLNG
Shell said in a brief statement on April 11 that it had resumed shipping cargoes from its Prelude floating LNG facility offshore the north coast of Western Australia.
NorthAmOil: Canada unveils details of carbon capture tax credit
The Canadian government has unveiled details of its long-awaited tax incentives to help fund carbon capture projects in the country.
AsianOil: Shell resumes LNG shipments from Australia’s Prelude FLNG
Shell said in a brief statement on April 11 that it had resumed shipping cargoes from its Prelude floating LNG facility offshore the north coast of Western Australia.
LatAmOil: Trinidad and Tobago to reduce fuel subsidies
Colm Imbert, the prime minister of Trinidad and Tobago, announced on April 8 that his government intended to reduce subsidies for petroleum product prices as of April 19.
AfrOil: Sonatrach agrees to supply Italy with additional gas
Algeria’s national oil company Sonatrach has cut a deal with the Italian major Eni to deliver an additional 9bn cubic metres of natural gas in 2022-2023.
Iran maintains oil, gas expansion push
TABCON Energy, UENR enters into MoU to build 65MW Ghanian power plant for $85mn
In September 2021, the parties held talks to discuss possible areas of collaboration especially on the Tain Solar Energy Project.
Southern African leaders note progress in fight against Islamist insurgents in Mozambique
Iraqi crude cargoes reach Jordan
Iran to kick off work on Soleimani refinery
Maha prepares to begin Mafraq drilling work
MEOG: Supplies and output rise
DMEA: Downstream progress and plans
Bavarian leader calls for fracking to be resumed
EurOil: UK unveils plan to bolster energy security
FSUOGM: Shell warns of $4-5bn Russian hit
EU developing more ambitious targets for renewable energy, says climate policy chief
The European Union will establish higher targets for renewable energy as it seeks more energy independence from Russia, the bloc’s climate policy chief Frans Timmermans has told reporters.
Software firms work to help Ghana's oil & gas sector train more locals – university
The softwares, which are collectively worth $200,000 will facilitate comprehensive training for the oil and gas sector while also aid researchers to expand their knowledge base in petroleum exploration in Ghana.
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