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Uruguay outlines green hydrogen ambitions
Uruguayan President Luis Lacalle Pou says his government intended to invest a total of $4bn in renewable energy and green hydrogen projects.
Pemex reports petroleum product imports down in April
Mexico’s national oil company Pemex saw imports of petroleum products – including gasoline, diesel and jet fuel – decline in April.
Petroperu negotiating with new oil suppliers for Talara refinery
Peru’s national oil company Petroperu is negotiating with crude producers in the Americas and Asia on new crude supply contracts for the Talara refinery.
Israel gives tacit approval for development of Gaza Marine block
The government of Israeli Prime Minister Benjamin Netanyahu is considering giving its approval for the further exploration and development of the Gaza Marine Block – a wedge of offshore territory between the Israeli and Egyptian EEZs.
Beijing-Riyadh links boosted by $10bn refinery project in China
In a bid to strengthen its relationship with China, the government of Saudi Arabia has announced a number of energy deals including a huge $10bn refinery deal.
Turkmenistan: Birthday boy
The official opening of Arkadag, a new city willed into existence by the former president, is the crowning feature of a grand personality cult. This and more in this week's Eurasianet Akhal-Teke Bulletin.
Saudi Arabia set to build new bunkering facility at Yanbu
The Saudi government is currently planning to construct a new bunkering facility at the King Fahad Industrial Port in Yanbu, with a deal made between the Saudi Ports Authority (Mawani), Alba Nova International and Trafalgar Co.
South Africa partners Denmark, The Netherlands to establish $1bn green hydrogen development fund
Nigerian government launches cassava bioethanol project to drive sustainable growth
This initiative, which also aims to address food security concerns, comes in the wake of the government's decision to remove fuel subsidies, indicating a shift towards sustainable growth and development.
Nigeria's NMDPRA denies rumours of NNPC granting import licence to Dangote Group
The CEO of NMDPRA, Farouk Ahmed, stated that the NNPCL does not have the mandate to grant import permits to any organisation. He emphasised that only NMDPRA has the authority to issue import permits for petrol.
TotalEnergies' Ntokon discovery in Niger Delta holds potential as Nigeria's largest shallow-water find in a decade
The estimated potential of the field ranges from 300mn to 400mn barrels of oil equivalent, based on comparable findings in the Tertiary Agbada formation of the Niger Delta with favourable net pay and reservoir recovery.
CNPC joins Qatar’s NFE project, signs long-term LNG deal
State-owned China National Petroleum Corp. (CNPC) was this week awarded a minority shareholding in QatarEnergy’s North Field East (NFE) expansion project and signed a long-term LNG supply deal.
LNG owners commit to record spending on new vessels
LNG owners have allocated a record $73bn in the three-year period since 2020 to spending on new vessel purchases, Seatrade reported on June 19.
Asian spot LNG prices hit 3-month high
Asian spot LNG prices surged to a three-month high on June 16, Reuters reports. The rise in price reverses a multi-week drop as high temperatures in north-east Asia have boosted cooling demand.
Bangladesh to sign LNG supply deal with Oman
Petrobangla, Bangladesh’s state-owned national gas company will agree to a long-term supply deal of additional LNG stocks with Oman Trading International, an official at Petrobangla told Reuters on June 19.
Qatar and China sign second large LNG deal
Qatar has reached agreement to supply gas to a second Chinese company in less than a year. QatarEnergy announced on June 20 that it will provide China National Petroleum Corporation (CNPC) with 4mn tonnes per year of LNG over a 27-year period.
Cruise ship emissions rebound in Croatia post-pandemic
Cruise ships visiting Croatia are now emitting over one third of the sulphur dioxide produced by the country’s entire car fleet, finds Transport & Environment.
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