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US aid threat heats up GERD dispute
The US has reportedly considered ending up to $130mn in aid to Ethiopia because of the row over construction of the Grand Ethiopian Renaissance Dam (GERD).
Eskom warns of more power cuts
South Africa’s Eskom said on September 2 that it had raised its load-shedding programme to Stage 4
Nigeria’s NERC lays down new tariff rules
The Nigerian Electricity Regulatory Commission (NERC) has unveiled new rules for distribution companies (Discos) that aim to raise tariffs for end-users.
South Africa launches 2-GW emergency tender
The South African Department of Mineral Resources and Energy (DMRE) has revealed the details of its tender for 2 GW of short-term, emergency generating capacity.
Egypt approves two soft loans to boost renewables
Egypt’s House of Representatives has approved two loan agreements with the European Bank for Reconstruction and Development (EBRD) and the French Development Agency (AFD).
Azerbaijan's SOCAR offered Israeli oil refinery
Pandemic decimates results of China’s Big Three
China’s Big Three oil companies have each seen their bottom lines ravaged by the COVID-19 pandemic, which has sent global oil and gas demand into a spin.
State Gas reveals CBM production record
Australian junior State Gas has revealed a new coal-bed methane (CBM) production test record at its wholly owned Reid’s Dome project in the Bowen Basin.
Dramatic fall reported in Canadian oil and gas spending
Statistics Canada announced last week that capital expenditure by the country’s oil and gas industry had fallen 54% sequentially in the second quarter of 2020.
Cooper’s losses widen in 2019-2020
Australian independent Cooper Energy has posted an AUD86mn ($62.7mn) net loss for financial year 2019-2020, a widening on the previous year’s net loss of AUD12.1mn ($8.82mn).
Russia's Gazprom sees August exports rebound, but US LNG looms
PetroChina, Ovintiv terminate Duvernay joint venture
State-run PetroChina and independent Ovintiv have terminated their eight-year old joint venture that operates assets in the liquid-rich Duvernay shale gas play in Alberta Province.
ONGC adopts conservative acquisitions outlook
India’s state-run Oil and Natural Gas Corp. (ONGC) has said it is wary about investing in overseas while international oil prices continue to trade around $45 per barrel.
Energy sector job cuts loom in North America and beyond
A number of oil and gas companies have warned of looming job cuts in North America, as well as elsewhere in the world.
Schlumberger offloading fracking business to Liberty
Oilfield services giant Schlumberger has agreed to offload its North American hydraulic fracturing business to Liberty Oilfield Services.
CNH approves two exploration drilling projects
Mexico’s National Hydrocarbons Commission, known by its Spanish acronym CNH, gave two companies the green light to move forward with exploration drilling projects last week.
Argentina strikes a different note on the Falklands
Argentina may allow IOCs that have worked in disputed waters around the Falklands to participate in new offshore bidding rounds under certain conditions.
US LNG exports bouncing back after Hurricane Laura disruptions
US LNG exports are expected to rebound fairly promptly after Hurricane Laura – which passed through the Gulf of Mexico and made landfall in Louisiana – disrupted operations at major export terminals last week. But some obstacles remain.
Ukraine's DTEK Energy decreases revenue 62%, EBITDA 75% in 1H20
Uzbekistan announces completion of $58mn project to expand Mubarek Gas Processing Plant
Range unveils net zero emissions target
Shale driller Range Resources has set itself a target of net zero greenhouse gas (GHG) emissions by 2025, while pipeline operator Williams is aiming for net zero emissions by 2050.
UAE, UK, Omani firms mount court bid to retrieve Iranian fuel seized from tankers by US
White House alleged cargoes were bound for sanctioned Venezuela. Companies claim they sold gasoline onwards to UAE-based Citi Energy FZC and that it was destined for Trinidad for sale to customers in Peru and Colombia.
Australia well placed to exploit green hydrogen potential
Economies of scale and the falling cost of renewables make Australia well placed to exploit its future green hydrogen potential
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