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Sylva: Nigeria does not expect full recovery of $62bn claims against investors
Nigeria does not expect to recover all of the $62bn in claims it has lodged against oil companies.
ADNOC signs Ghasha deal, signals downstream intent
Socar’s drilling unit opens rep office in Turkish capital
Angola hopes reforms will help boost oil production, attract investment
Jose Massano, the governor of Angola’s Central Bank, hopes the government’s plans for economic reform will facilitate efforts to privatise key state-owned enterprises, including a stake in the national oil company (NOC), Sonangol.
Gazprom starts filling TurkStream with gas
Shell puts Egypt’s Western Desert upstream assets on the block
Lithuania considers banning purchases of electricity from Belarus’ nuclear power plant
President Gitanas Nauseda says he wants to prevent countries with “unsafe nuclear power plants” from exporting electricity to Lithuania, but fellow Baltic states Estonia and Latvia appear not to share his concerns.
Montenegro to cancel contracts for construction of six small HPPs to avoid environmental damage
Tajikistan’s massive Rogun hydropower dam: a blessing or a curse?
Poorest Central Asian nation Tajikistan is in danger of defaulting on its first ever Eurobond as the construction of the giant Rogun hydropower dam gobbles up scarce resources.
S&P upgrades Georgian Oil and Gas Corporation rating to BB-
US extends sanctions waiver on Iraqi purchases of Iranian gas and electricity by 120 days
Ukraine to tap more gas from Poland
Woodside delays Browse FID, brings forward Pluto LNG expansion
Australia’s Woodside Energy has delayed a final investment decision on its proposed Browse mega-project to the second half of 2021, but has also brought plans to approve its Scarborough gas project and Pluto LNG expansion forward.
Canadian First Nations show interest in LNG
Four Canadian First Nations in north-west British Columbia have partnered in a climate change initiative that wants to buy into the country’s nascent LNG industry.
All Elba Island units to be in service by mid-2020
Kinder Morgan has said it expects all units at its Elba Island LNG export terminal – which was reported to have entered commercial service last week after several delays – are due to be operational by the first half of 2020.
Head of Mexican oil workers’ union quits amidst close scrutiny
The head of Mexico’s influential oil workers’ union, known by its Spanish acronym SPTRM, stepped down on October 16 amidst allegations of corruption.
Argentina blasts three companies for operations near Falkland Islands
Argentina’s Foreign Ministry has issued a statement singling out three oil companies for criticism over their operations off the coast of the Falkland Islands in the South Atlantic Ocean.
Ecuador’s president backs away from plan to lift motor fuel subsidies
Following more than a week of protests over the elimination of motor fuel subsidies, Ecuador's president has negotiated a deal with opposition groups.
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