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Brazil sells just one offshore block in latest bidding round
Brazil sold just one offshore block in its latest oil and gas bidding round, prompting a government review of the country’s current licensing regime.
Green growth in emerging economies continues in 2019, but the 2020 pandemic will cause pain
The outlook for renewable energy growth in developing economies was exceptionally bright at the end of 2019, BloombergNEF (BNEF) has said in its annual Climatescope survey.
China’s oil imports may stay the course in 2021
Speculation that China’s oil buying spree is on the verge of losing steam may be premature.
IRENA, AfDB to scale up renewable investment in Africa
The International Renewable Energy Agency (IRENA) is to work with the African Development Bank (AfDB) to promote investment in low-carbon energy projects across the continent in a bid to drive forward the energy transition.
Standard Bank tightens coal financing rules but refuses to divest entirely
South Africa’s Standard Bank is to maintain its funding of coal projects, but has tightened its investment criteria.
Whitecap buying Torc for $442mn
Canada’s Whitecap Resources announced this week that it had struck a deal to acquire Torc Oil & Gas in an all-stock deal valued at around CAD565mn ($442mn).
Newfoundland and Labrador government offers lifeline to West White Rose
The government of the Canadian province of Newfoundland and Labrador announced last week that it would provide CAD41.5mn ($32.4mn) worth of funding for Husky Energy’s stalled West White Rose project.
Nigeria needs to capitalise more on gas wealth: NLNG
Oxy awarded Abu Dhabi concession
NNPC opens tender for fuel supplies
EBRD lends Ankara bus company €57mn to renew fleet with CNG vehicles
Kogas carries out ship-to-ship LNG bunkering test in world first
In a world first, Korea Gas (KOGAS) successfully carried out a ship-to-ship LNG bunkering test in late November.
AGN announces first green hydrogen production
Australian Gas Networks (AGN) has announced the first green hydrogen production from its renewable gas facility in South Australia.
Gunvor to supply Vietnamese LNG-to-power project
Commodity trader Gunvor International and US-based Energy Capital Vietnam have signed a deal that will ensure feedstock supply for another Vietnamese liquefied natural gas (LNG) to power project.
Malaysia looks to boost gas consumption
ADNOC launches oil product trading
Kuwait launches its biggest CDU
OIL’s Assam drilling plans blocked by court order
State-run Oil India Ltd’s (OIL) plans to drill at a national park in Assam State have been pushed to the backburner after the Gauhati High Court suspended the company’s environmental clearance.
OVL’s mixed upstream fortunes
India’s state-run ONGC Videsh Ltd (OVL) has had something of a mixed week, with good news onshore Colombia being offset by a missed acquisition opportunity in Senegal’s deep waters.
Chevron temporarily shuts Wheatstone unit on operational issue
Chevron has temporarily shut down a unit that separates natural gas from associated liquids at its Wheatstone processing platform offshore Western Australia after an “anomaly” within a nozzle on an inlet separator vessel was found.
Santos, Mitsubishi strike supply deal for Barossa project
Australia’s Santos announced on December 7 that it had signed a 10-year agreement to supply LNG from its proposed Barossa project to Diamond Gas International, a unit of Japan’s Mitsubishi.
Iran ‘to hit 1GW of renewable energy capacity in eight months’ time’
Vestas backs 10-MW green ammonia plant
Vestas has joined Danish investment group Skovgaard Invest and chemicals leader Haldor Topsoe to develop a renewables-powered green ammonia plant in Denmark by 2022.
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