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Russian hydropower holding RusHydro output down in 3Q20
Czech billionaire Tykac's Sev.en Energy group to take over Pocerady power plant from CEZ
Engineering company ‘now paying back wages’ after thousands of Uzbek workers storm and ransack admin building
Anger and frustration reportedly spilled over when jammed door meant no access to work site cafeteria.
CEZ approves sale of Romanian assets to Macquarie
The transfer of assets from Romania is part of the Czech utility's strategy of divesting selected assets from certain countries.
Pipeline giving Iranian oil exports direct Indian Ocean access ‘on schedule at 60% complete’
Total delivers carbon neutral LNG cargo
France’s Total announced this week that it had delivered its first-ever cargo of carbon neutral LNG.
Russia has no plans for a carbon tax
Bolivian gas sector awaits the country’s new leader
Bolivia's President-elect Luis Arce is not likely to push for major changes in the legal regime governing the gas sector any time soon.
IEA highlights LNG’s role in gas market
The International Energy Agency has highlighted the role of LNG in the global gas market in recently released annual reports.
Washington authorises Eni to unload Venezuelan crude from listing FSO
Italy’s Eni has secured US authorisation for the unloading of heavy crude oil from the Nabarima, a floating storage and off-loading (FSO) vessel moored in the Gulf of Paria between Venezuela and Trinidad and Tobago.
Limetree Bay refinery may lose access to BP oil supplies
UK-based BP has reportedly threatened to terminate its crude oil supply agreement with Limetree Bay Ventures, a company formed by EIG Global Energy Partners and ArcLight Capital Partners of the US.
Work on Dos Bocas refinery said to be 24% complete
Mexico’s national oil company (NOC) Pemex is moving forward with work on the Dos Bocas refinery project, which is now 24% complete.
YPF to pay Exmar $150mn to exit Tango FLNG charter
Argentina’s national oil company (NOC) YPF has reportedly agreed to pay Belgium’s Exmar $150mn in compensation for the early termination of a charter agreement for the Tango floating LNG (FLNG) vessel.
Azelio, JET ENERGY to roll out solar storage tech in Africa
Sweden’s Azelio has signed a memorandum of understanding (MoU) with Morocco-based JET ENERGY to explore energy storage projects with Azelio’s TES.POD technology in Francophone Africa.
Engie, OffGridBox to pioneer solar container project in Rwanda
France’s Engie and African solar-kit provider OffGridBox are to work together to supply electricity, drinking water and Wi-Fi in Rwanda by uniting their expertise in decentralised energy and container-based solar systems.
Eskom to resume building transmission line in KwaZulu-Natal
Eskom has said it will resume construction of the 123-km transmission line running through uMgungundlovu and uThukela District Municipalities in KwaZulu-Natal Province.
SA’s Thabametsi coal project in severe doubt as Kepco withdraws from coal
South Africa’s 630-MW Thabametsi coal-fired power plant faces an uncertain future after its main contractor, South Korea’s Kepco, said that it would no longer invest in new overseas coal power ventures.
Nigeria’s MAPCo to raise $1.2bn to finance new meters
Nigeria’s Meter Assets Finance and Management Co. aims to raise NIR480bn ($1.2bn) in three years to supply electricity meters to Nigerian consumers in a bid to improve payment discipline and improve distribution revenues.
Scatec Solar raises African exposure with acquisition of SN Power
Norway’s Scatec Solar has bought SN Power, a leading hydropower developer and IPP, from the Norfund in a $1.16bn deal that gives it access to 1.4 GW of hydro assets in Uganda, the Philippines and Laos.
Green energy leapfrogs fossil fuels for first time in Europe
Renewables accounted for more electricity than fossil fuels in the European Union for the first time ever in the first half of 2020, according to data from the think-tank Ember.
Egypt begins work on 2,000-MW wind complex
Egyptian Electricity and Renewable Energy Minister Mohamed Shaker said that work had begun to build 2,000-MW of new onshore wind capacity in the Red Sea Governorate, adding that 500 MW had already been earmarked for development by Siemens.
Services giants post third-quarter losses
The US’ largest oilfield services firms, Schlumberger, Halliburton and Baker Hughes, have all reported a further set of losses for the third quarter of 2020.
Santos nears FID on Moomba CCS
Australian independent Santos has begun gearing up for a final investment decision (FID) on its Moomba carbon capture and storage (CCS) project following a successful injection test.
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