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Putin says humanity will end up in caves if it abandons hydrocarbons
If humanity completely abandons hydrocarbons in the energy sector it will “end up in caves”, Russian President Vladimir Putin told delegates at the VTB Russia Calling investment summit.
Investor uptake covers institutional tranche of Saudi Aramco's IPO
BOOK REVIEW: Why Germany’s commercial interests prevail in its dealings with big, bad Gazprom
There is an enigma as to why German political and public opinion is in favour of the Kremlin’s controversial Nord Stream-2 gas pipeline. "The Bridge: Natural Gas in a Redivided Europe" by Thane Gustafson tries to solve the riddle.
Serbia completes €27mn renovation of turbine at Djerdap 1 HPP
Capitalisation to grow as Russia’s gas giant Gazprom sells 3.7%
South Africa’s DNG preparing to start LNG bunkering
South African infrastructure company DNG Energy has said it will start LNG bunkering operations in Algoa Bay in the second quarter of 2020.
Market oversupply causes Pavilion to cancel cargo
Oversupply in the global market has led Singapore’s Pavilion Energy to cancel the loading of a US LNG cargo, and more such moves could follow.
Ongoing turmoil in Bolivia affecting fuel and energy sector
Bolivia’s oil and gas sector is caught up in political turmoil, with La Paz and other cities experiencing shortages of motor fuel and LPG.
Venezuelan opposition set to retain control over Citgo following federal court ruling
Venezuela’s political opposition has reportedly scored a victory in its fight to retain control over Citgo, a US-based subsidiary of the national oil company (NOC) PdVSA.
Tecpetrol, ExxonMobil and Shell comment on Vaca Muerta’s prospects
Oil and gas executives are keen to develop Argentina's Vaca Muerta shale basin but see economic turmoil and political turnover as reasons for caution.
Hyundai to build 280MW hydropower plant in Georgia
BPC, Baker Hughes sign master services agreement on drilling equipment
Bahamas Petroleum Co. (BPC) said on November 20 that it had finalised an agreement with US-based Baker Hughes on the supply of equipment for an offshore drilling project next year.
Confusion as Iraq reiterates, expands refinery plans
ONGC revises down KG-D5 production guidance
India’s state-run Oil and Natural Gas Corp. (ONGC) has revised down its production guidance for the ultra-deepwater KG-DWN-98/2 (KG-D5) block by up to 20%.
Elixir kicks off second Mongolian well
Australian-listed junior Elixir Energy has said it kicked off the second well in a two-well drilling programme on its coal-bed methane (CBM) block in Mongolia.
PNG set to start P’nyang renegotiations with ExxonMobil
The government of Papua New Guinea is set to start talks with ExxonMobil in an attempt to negotiate better terms for the P’Nyang gas project.
Saipem, Subsea 7 eye merger
HollyFrontier to build biodiesel plant in New Mexico
US-based refiner HollyFrontier has unveiled plans to build a new biodiesel plant as it seeks to meet its requirements under the Renewable Fuel Standard.
Australia must decide the next step in its energy story
Australia is at a crossroads as it decides its energy future. The country is a major natural gas producer, output of which has boomed over the past years to meet ever-increasing demand from buyers across Asia.
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