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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.
Serbia, Bosnia to launch construction of Buk Bijela HPP in 2021
Solar to drive 58% growth in Asia-Pacific renewables by 2025
Renewable capacity in the Asia-Pacific region is set to rise by 60% to 815 GW by 2025, with solar power surpassing wind as the main driver of growth.
BayWa r.e. to develop pioneering SinneWetterstof hydrogen pilot project in Netherlands
German green developer BayWa r.e. and its Dutch subsidiary GroenLeven aim to build the SinneWetterstof hydrogen pilot project together with Dutch grid operator Alliander.
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