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Latvian regulator approves methodology that will bar Astravyets power from entering Latvia
Hungarian MVM group became 100% owner of innogy Czech Republic
Kazakh public accounts committee criticises chairman of $63bn sovereign wealth fund Samruk-Kazyna
Kyrgyz capital suffers power and heating outages
US extends handful of LNG export authorisations
Last week, the government of US President Donald Trump extended the terms of several long-term LNG export authorisations until 2050. This was followed by the extension of three further export authorisations until 2050 this week.
QP selects Honeywell as instrument and control contractor for LNG expansion
Qatar Petroleum (QP) has selected Honeywell to be the main instrument and control contractor for its North Field East (NFE) project.
OMV Petrom falls into the red for first time since 2015
Eagle LNG’s Barbuda deal fuels Caribbean ambitions
Eagle LNG intends to supply a new resort on Barbuda with LNG from its liquefaction plant in Jacksonville.
Turkey's natural gas imports up 6.5% in August
SA urged to exploit green hydrogen potential
South Africa has the ability to develop a major green hydrogen export industry if it can take advantage of its renewable energy potential.
World Bank to release first $4.6mn of funding for off-grid solar in Kenya
Up to 19 off-grid solar companies in Kenya have been offered access to KES500mn ($4.6mn) of credit as part of the World Bank’s $150mn Kenya Off-grid Solar Access Programme (KOSAP).
Tlou Energy seeks funding for Lesedi power project
Tlou Energy has said that it is still seeking funding for development of the Lesedi power project in Botswana.
Resgen loses IDC’s backing for Boikarabelo coal project
South Africa’s state-owned Industrial Development Corp. (IDC) has pulled out of Resource Generation’s (Resgen) ZAR4.2bn ($250mn) Boikarabelo coal project.
Hess reports wider-than-expected third-quarter loss
US independent Hess has reported a net loss of $243mn, or $0.80 per common share, for the third quarter of 2020 compared with a net loss of $212mn, or $0.70 per share, in the same quarter of 2019.
AMLO dismisses US legislators’ critique of Mexican energy policy
Mexican President Andres Manuel Lopez Obrador has dismissed claims that his government’s energy policy puts US-based companies at an unfair disadvantage.
Ecopetrol reports sales, net profits down in Q3-2020
Colombia’s national oil company (NOC) Ecopetrol has reported a significant decline in its financial performance in the third quarter of 2020.
US approves ConocoPhillips’ Willow project in NPR-A
The government of US President Donald Trump has approved ConocoPhillips’ Willow project in the National Petroleum Reserve-Alaska (NPR-A).
Petrobras to assume control of Foz do Amazonas block
Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) reported last week that it had authorised state-owned Petrobras to assume control of FZA-M-59, a block in the Foz do Amazonas Basin.
OMV closes $4.7bn Borealis deal
Snam to develop LNG supply for vehicles in Israel
LLOG makes Gulf discovery ahead of more storm-related disruptions
Privately owned LLOG Exploration has reported a second discovery at its Spruance find in the US Gulf of Mexico, which has allowed it to further delineate the prospect and finalise a development plan for the field.
Petrobras raises 2020 production forecast to 2.84mn bpd
Brazil’s national oil company (NOC) Petrobras has raised its average production forecast for 2020 by 2.5% to 2.84mn barrels of oil equivalent per day (boepd), with oil accounting for 2.28mn barrels per day (bpd) of the total.
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