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Ottawa approves Nova Gas Transmission expansion
The Canadian government has approved a CAD2.3bn ($1.7bn) expansion of the Alberta portion of TC Energy’s Nova Gas Transmission Ltd (NGTL) gas-gathering and transportation system.
Petroperú launches bidding for Talara refinery upgrade
Peru’s state-run oil company Petroperú has launched bidding for service contracts as part of the long-delayed modernisation of the Talara refinery.
Mexico moves to ban new energy permits, protect state firms
Mexico’s Energy Regulatory Commission (CRE) is reportedly moving to restrict private investment in the country’s energy sector, in an attempt to protect state-owned oil and utility companies.
KOTUG wins contract for Guyana offshore work
Netherlands-based KOTUG International has been awarded a long-term contract to provide offshore terminal towage support for operations in Guyana.
Raizen to invest $715mn in Dock Sud refinery expansion
Brazil’s Raizen is to invest $715mn over the next three years in the modernisation and expansion of its Dock Sud refinery in Argentina.
Argentina unveils $1.8bn gas stimulus plan
Argentina’s President Alberto Fernández has unveiled a much-anticipated stimulus plan for the natural gas sector, which has seen production levels sink since the advent of the coronavirus (COVID-19) pandemic.
US oil and gas M&A activity gains momentum
Two further major M&A deals involving US oil producers have been confirmed over the past week as consolidation picks up.
Presidents of Egypt, Greece and Cyprus adopt combative language towards Turkish adventurism in East Med
Naftogaz confirms postponement of eurobond placement
Nigeria’s PIB envisions changes in domestic gas sector
Nigeria's Petroleum Industry Bill (PIB), which is still under discussion in the National Assembly, aims to make domestic gas sales a more lucrative proposition.
Spain's Enagas enjoys bump in profits despite COVID-19
Norway clears Dvalin field for launch
German oil imports down 2% in 8M 2020
Ukraine's Naftogaz rejects $1.2bn tax claims
European gas demand never to return to pre-pandemic levels: IEA
Voith Hydro Shanghai to supply turbines for Pakistan’s 800-MW Mohmand Dam
Voith Group’s Chinese subsidiary Voith Hydro Shanghai (VHS) has won an 800-MW order from China Gezhouba Group Corp. (CGGC) to supply four 200-MW Francis turbine generator units for Pakistan’s flagship Mohmand Dam hydropower plant.
Marubeni, CEP.Energy begins development of battery-based virtual power plant
SmartestEnergy Australia, owned by Japan’s Marubeni, has signed a memorandum of understanding with Australian renewables fund CEP.Energy to embark on the creation of one of the world’s largest energy battery banks.
Japan makes plans for net zero pledge for 2050
Japan’s government will next week pledge to reduce greenhouse gas emissions to net zero by 2050, Nikkei reported on October 21.
India to close polluting coal power plants
Indian Environment, Forests and Climate Change Minister Prakash Javadekar has said that the government aims to identify and close 60-70 coal power plants over the next two years as Prime Minister Narendra Modi’s government tackles pollution.
Iberdrola buys PNM Resources to create new US green utility giant
Spain’s Iberdrola has bought New Mexico-based PNM Resources in a deal that creates the third largest renewables generator in the US with 10.9 GW of capacity.
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