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Romania’s electricity consumption shrinks by 7.6% y/y in H1
Bulgaria leads EU in 15.2% greenhouse gas emission cut
Japanese companies reportedly to take over Bistrica project
Serbia is planning to work with Japanese companies on the Bistrica Reversible Hydro Power Plant (RHPP) after encountering problems with the Chinese companies it originally planned to work with, Demostat reported on August 17.
Exxon Mobil submits arbitration awards for Citgo shares to US court against Venezuela
Exxon Mobil has submitted arbitration awards against Venezuela to a US court. The company's major oil ventures were expropriated and nationalised in 2007 by then-President Hugo Chavez, a move that led to protracted arbitration proceedings.
Suncor CEO indicates intention to re-focus on oil
Suncor Energy’s CEO, Rich Kruger, said this week that the company has been too focused on the energy transition in recent years and needs to re-focus on an oil-centred business strategy.
bneGREEN: Bulgartransgaz to explore demand for hydrogen transmission
Bulgarian company is assessing the market demand for hydrogen transmission capacity after outlining plan for €860mn hydrogen pipeline.
Bangladesh okays private oil imports, marketing
The Bangladeshi government is taking steps towards allowing the private sector to import and refine crude oil and to market products through private networks. This will be a major policy shift, as the government currently operates a fuel monopoly.
Pakistan seeks unrealistic answer in TAPI to acute energy crisis
First proposed in the 1990s, TAPI would carry 33 bcm per year of gas for sale in primarily Pakistan and India. The section in Turkmenistan was reportedly completed some years ago, and the Afghan Taliban-led government approved construction in June.
Oil tanks ablaze at Iran industrial complex in Abadan
The Abadan industrial complex is located on the road between Abadan and Ahvaz in south-west Iran.
EU traders pump 600mn cubic metres of gas into Ukraine's tanks, but a lot more storage capacity is available
EU traders have pumped 600mn cubic metres of gas into Ukraine's underground storage, making them 28% full, slightly ahead of the same date a year earlier.
Fire at Belarus' Mazyr oil refinery amidst false flag warning
A fire broke out at Belarus’ Mazyr oil refinery in the south-east of the country on August 10, one of two modern refineries in Belarus and a key source of foreign exchange earnings for Minsk.
Occidental agrees to buy Carbon Engineering for $1.1bn
A subsidiary of Occidental Petroleum has struck a deal to acquire direct air capture technology player Carbon Engineering.
Canadian explorer Africa Oil Corp and partners advance work at Namibian offshore find
Iran to begin production from Sepehr, Jofeir oilfields
Iran expects oil production from the Sepehr and Jofeir oilfields in the south-west of the country to begin next week, according to a subsidiary of the National Iranian Oil Co. (NIOC).
UK's Harbour exits Vietnam in $84mn deal with local firm
UK energy group Harbour has agreed to sell its assets in Vietnam to a local buyer called Big Energy, for $84mn, in a deal that covers its 53.1% interest in the Chim Sao and Dua producing fields.
Awards and updates: another busy week in Iraqi upstream
While political attention continues to focus on issues in the north of the country, Baghdad is pressing forward with building out the upstream capability of the oil-rich south
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