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Four more wind projects proposed off New Jersey
BP may not seek subsidies for Irish Sea offshore wind
BP may not use government subsidies with a contract for difference for its 3-GW Morgan and Mona offshore wind projects in the UK’s Irish Sea.
Masdar marks roadmap to $3bn green bond offering
Masdar of Abu Dhabi has marked the successful completion of its first green bond issuance for $750mn 10-year senior unsecured notes at London Stock Exchange (LSE).
South Africa: Forensic investigator threatened for reporting fraud at power utility Eskom
Adani Energy Solutions Limited secures $1bn funding for green HVDC link project to enhance Mumbai's renewable power supply
Nigeria LNG to extend October’s force majeure
EnergyLab Cambodia to host Electric Mobility Showcase 2023
Iraq’s Karbala oil refinery struggles to reach full capacity
Iraq’s 140,000-bpd Karbala oil refinery has struggled to reach its expected throughput capacity following severe technical difficulties that saw the plant taken offline in June.
Malaysia's Reservoir Link Energy joins Corporate Green Power scheme as solar power producer
Chevron and Genel withdraw from Kurdistan’s Sarta
US major Chevron Corp. and London-listed Genel Energy are pulling out of the Sarta concession in the Kurdistan Region of northern Iraq as the prolonged closure of a pipeline to the Mediterranean takes its toll.
Russia excludes hydrocarbon sector from new windfall tax
EU executive grants Tunisia €307mn to finance ELMED electrical interconnection to Italy
The European Commission signed a €307mn agreement with the Tunisian Electricity and Gas Company (STEG) to finance the ELMED electrical interconnection project between Tunisia and Italy on August 8.
Ukraine’s DTEK installs largest wind turbines in Romania
Competing objectives in the Amazon rainforest
The Belem Declaration is not likely to have much of an impact on oil and gas drilling in the river basin, especially since it was drawn up by parties that are not in agreement on the issue.
Bulgaria secures EU approval for €16mn gas storage expansion
Colombia’s Ecopetrol reports 61% y/y decline in net profit in Q2
Ricardo Roa, CEO of the state-controlled oil company, stated during a press conference in Bogota that the decline is attributed to a decrease in oil prices, which fell from $105 per barrel in the first half of the previous year to the current $80.
Iran oil output to reach 3.5mn bpd as exports hit five-year high
The chief executive officer of the National Iranian Oil Company, Mohsen Khojastehmehr, has announced that Iran is set to achieve crude oil production of 3.5mn barrels per day by the end of September.
Russian gas company revenues set to more than halve in 2023
Russian natural gas companies could see their revenues plummet by over half in 2023 compared with the previous year, according to findings released on August 7 by Russian consulting firm Yakov and Partners.
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