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Second phase of development underway at Libya’s Faregh gas field
A subsidiary of Libya’s National Oil Corp. (NOC) has successfully launched the second phase of development work at the Faregh natural gas field.
Tunisia sees Nawara gas field coming online by year-end
Slim Feriani, Tunisia’s Minister of Industry and Small and Medium Enterprises, said last week that his country was on track to bring the Nawara natural gas field on stream by the end of the year.
Nigeria says it is complying with OPEC’s production policy
A high-ranking representative of NNPC declared last week that Nigeria was in compliance with OPEC’s production quotas.
ADNOC awards EPC for Bab expansion
Aramco fires starter’s pistol on $1.7tn IPO
Russia’s Lukoil kicks off Filanovsky phase 3
Georgia Capital holding takes over 21 MW wind farm from state
Russia proposes one-year gas transit deal to Ukraine
Russian oil major Gazprom Neft keeps positive cash flow in 3Q19
Polish state-run utility Energa posts a 44% drop in net profit in Q3
Poland says key decisions on nuclear power plant just months ahead
The ruling PiS heralded the construction of up to six nuclear reactors by the 2040s in a move to reduce the dependence of the Polish economy on coal, which currently dominates in the national energy mix.
Slovak ministry to subsidise the purchase of electric cars
The Slovakian Ministry of Economy has announced a subsidy scheme to promote the purchase of electric vehicles and increase their number on Slovakian roads next year.
Third platform installed at Iran's South Pars 22-24
Georgian Oil and Gas Corporation to issue €300mn eurobond in 2020
Russian utility major InterRAO maintains solid earnings in 3Q19
Dividends of Russian oil major Tatneft seen as unsustainable
Montenegro launches undersea power link to Italy
First "electrical bridge" from Western Balkans to the rest of Europe is expected to generate export revenues for Montenegro and its neighbours as they step up investment into renewable energy.
Gazprom extends its lead in the King of the castle race
State-owned gas company Gazprom extended its lead over rival state-owned banking giant Sberbank in the race to be Russia’s most valuable company, after its market capitalisation stepped up by over $10bn in November to make the company worth $93bn.
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