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Finally, an FID for ECA LNG
ECA LNG, Sempra’s joint venture with its Mexican subsidiary IEnova, has become the first party to push an LNG export project to the FID stage since the beginning of 2020.
East Africa’s geothermal potential risks being left untapped
East Africa has so far failed to take advantage of its geothermal potential, with only 900 MW of generating capacity up and running.
Ovintiv reportedly puts Eagle Ford assets up for sale
Denver-based Ovintiv – which was formerly based in Calgary and known as Encana – has reportedly put its assets in the Eagle Ford shale up for sale.
Estonian government approves results of public procurement of 5 GWh of green electricity
Gulfport files for bankruptcy protection
Shale gas producer Gulfport Energy has filed for Chapter 11 bankruptcy protection, joining the growing list of bankruptcies that have resulted from this year’s industry downturn.
Akuo Energy, IEL Energie to launch construction of €120mn Basaid wind farm in Serbia in 2021
CNOOC to expand Binhai LNG terminal storage
China National Offshore Oil Corp. (CNOOC) intends to add 1.62mn cubic metres of liquefied natural gas (LNG) storage capacity at its Binhai terminal in Jiangsu Province.
Iraq invites international bids for 300,000 bpd al-Faw refinery
Russia's Gazprom Neft beats expectations in 3Q20
Sinopec’s gas production to slow this year
China’s state-run Sinopec Corp. has revealed that it expects natural gas production growth to slow significantly this year, despite the country’s rising demand for the fuel.
Malaysian state continues quest for greater upstream control
The Malaysian state of Sarawak has said it wants current talks with the federal government to lead to it assuming full control over the state’s oil and gas industry.
Total, Jadestone quit deepwater block in Philippines
Asia-Pacific focused independent Jadestone Energy revealed this week that both it and French major Total have walked away from their deepwater block in the Philippines.
Tellurian reportedly in supply talks with Asian buyers
US-based Tellurian is reportedly in talks with unidentified Asian buyers to sell almost half of its output from its proposed Driftwood LNG terminal on the Gulf Coast.
Papua LNG boosted by new PNG legislation
The Papua LNG project received a major boost last week after the Papua New Guinea (PNG) government passed six pieces of legislation that will allow operator Total to proceed with the $20bn development.
Australian oil and gas job count reportedly shrink 25%
That Australia’s oil and gas sector has been rocked by the COVID-19 pandemic was never in question, with companies large and small posting some painful results over the course of this year.
Rystad: Argentina, Brazil to face gas supply gap
LNG imports are likely to fill the supply gap that is building in Argentina and Brazil over the next five years, as pipeline shipments of Bolivian natural gas to the two countries decline, according to Rystad Energy.
Investors focus on Mexican deepwater projects in Q3-2020
Deepwater exploration accounted for nearly half of all investments made in Mexico’s oil and gas sector in the third quarter of the year, according to the national oil and gas regulator CNH.
Tajikistan announces tender for construction of Sebzor HPP
Chinese investors withdraw from Kenya’s Lamu coal project
The Industrial and Commercial Bank of China (ICBC) has decided not to finance the proposed 1,050-MW Lamu coal plant in Kenya.
Asian developers’ exit from Thabametsi confirmed by SA government
The Japan and South Korea-led Thabametsi Project Company has officially informed the South African government that it has withdrawn from the 630-MW Thabametsi coal-fired power project.
IRENA highlights continued shortfall in green investment
Global renewable energy investment increased between 2013 and 2018, reaching its peak of $351bn in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI).
Kyushu Electric Power restarts Sendai 1
Japan’s Kyushu Electric Power has restarted Unit 1 at the Sendai nuclear power plant (NPP) after completing construction of a bunkered back-up control centre.
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