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US utility approved to build multi-day battery storage at solar site
Xcel Energy has received approval to construct a multi-day energy storage system that will help maximise the company’s use of renewable energy and maintain grid reliability through extreme temperatures and weather.
Argentina reportedly considering halting Bolivian gas imports in 2024
Argentina’s Ambassador to Bolivia Ariel Basteiro said on July 5 that his country might cease buying natural gas from Bolivia’s YPFB starting in 2024.
Guyana’s EPA approves ExxonMobil’s 35-well exploration and appraisal drilling campaign at Stabroek
Guyana has given ExxonMobil and its partners in the Stabroek offshore block a green light to drill 35 new offshore exploration and appraisal wells.
Suriname, Trinidad and Tobago sign MoU that may enable subsea gas shipments
Suriname has signed an MoU with Trinidad and Tobago that may lay a foundation for the former country to transport gas to the latter.
ExxonMobil's LNG project in Mozambique "on track" for approval in 2025, top executive says
US supermajor ExxonMobil has commended Mozambique’s government for stabilising the security situation in a gas-rich region in the north of the country. This has encouraged the company and its partners in a planned LNG project there to consider FID.
Two Pemex workers killed in fire at Cantarell oilfield
Mexico’s national oil company Pemex has confirmed that a fire broke out at a platform within the Nohoch Processing Centre at the Cantarell offshore field on July 7.
PetroVietnam receives first shipment of LNG
The Maran Gas Achilles transport vessel arrived in the terminal wharf on 10 July laden with 70,000 tonnes of LNG that will be used for a trial run of the new terminal. The LNG was loaded at Bontang, Indonesia.
Buffett to control US LNG plant in $3.3bn transaction
Berkshire Hathaway Energy (BHE) has agreed to buy Dominion Energy’s 50% limited partnership stake in Cove Point LNG in Maryland for $3.3bn.
Avangrid attains 8.6 GW of US wind and solar capacity
Avangrid has reached a capacity of 8.6 GW through its more than 70 wind and solar facilities in operation in the US, generating electricity equivalent to powering more than 2.8mn homes with green energy.
Clean energy keeps Texas grid resilient during heatwave
The clean energy industry made record contributions to the electric grid in Texas, powering – and cooling – Americans’ homes while keeping costs low during the most recent heatwave.
Kazakhstan restarts idle wells after blackout
Kazakhstan's state-run oil and gas producer, KazMunayGaz, along with regional producers, is restarting thousands of idle wells following a blackout that affected the Mangistau and Atyrau oil provinces in the western part of the country.
Enagas names Russia as Spain’s largest LNG supplier in June 2023
Russia was the largest supplier of LNG to Spain in the month of June, providing more than a quarter of the country’s total purchases, according to Enagas data.
Expansion of refinery shutdowns may prevent Russia from upholding promises to OPEC+
Russia may have difficulty upholding its pledge to cut oil production in line with the goals of OPEC+ because of its decision to shutter more refining capacity than previously anticipated in July.
Rosneft takes another step away from Venezuela
Russia's Rosneft has given up its control over 49.9% of stock in Citgo but still appears interested in Venezuela.
OMV Petrom reports subdued operations in Q2
Romania’s major oil and gas company OMV Petrom reports in a trading update that its power generation unit has not operated in Q2, while the refinery utilisation rate plunged to 31% and the extraction operations have diminished as well.
Fire at Iran's Bandar Abbas refinery
Iran's Aftab Oil Refining Co. (AORC) is dealing with a fire that broke out at its Bandar Abbas refining complex in the southern Iranian port city. State media outlet IRNA reported that eight firefighters had been injured while dealing with the blaze.
ENOC and QatarEnergy sign condensate supply deal
The UAE’s ENOC Group and QatarEnergy have announced a 10-year agreement for the supply of condensates to ENOC Group, starting from this month.
Thailand in negotiations with Qatar for long-term LNG supplies
The possibility of Thailand securing a small-scale contract from the world’s leading exporter, QatarEnergy, is, however, being seen as a possible lead into future discussions on increased imports,
Iraq’s IDC provides drilling update
Iraq’s Ministry of Oil (MoO) this week announced that its drilling subsidiary, the Iraqi Drilling Co. (IDC), drilled or reclaimed 86 wells throughout the country during the first half of 2023.
OMV head says his country will continue to source most of its gas from Russia
Alfred Stern, CEO of the Austrian energy group OMV, says his company will continue to source the majority of its natural gas supplies from Russia in the winter of 2023/2024.
Turkey to automatically hike gasoline tax in every six months
Turkey’s ruling Justice and Development Party (AKP) has filed an omnibus bill with Parliament that includes an article to automatically hike the special consumption tax (OTV/SCT) on fuel products.
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