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ICC launches investigation into Kakhovka dam destruction
The International Criminal Court (ICC) has launched an investigation into the destruction of the Kakhovka dam, as the crisis leaves 700,000 people with limited access to drinking water and causes billions in damage
Petrofac confirms $1.5bn contract with Algeria’s STEP Polymers for Azrew petrochemical complex
Indonesia stumbles its way to an effective energy transition policy
As one of the fastest growing economies in the world, and the biggest in Southeast Asia, Indonesia is forecast by many economists to have the fourth-largest economy in the world by the middle of the century.
Vietnam becoming more influential in global lithium battery markets
Although at present a non-binding MoU has been signed for three years, if successful it would lead to the annual conversion of 20-25,000 tonnes of lithium.
India to halt new coal power plant construction for at least five years
Sources in India say that the government of Prime Minister Narendra Modi will not accept any new coal power plant proposals for a period of at least five years as the nation makes moves to focus on boosting its renewables installations.
Dollar drops 4% versus rial as markets weigh up improved prospects for Iran-US nuclear agreement
Frontier markets financial advisory firm Delphos backs Mongolia to meet sustainable growth potential
Duty falls on Novatek to drive Russian gas export growth amid Gazprom's demise
Russia’s Novatek has been looking to capitalise on the misfortunes of its larger state-owned rival Gazprom by ramping up LNG exports, in turn helping ease the pain of the country’s loss of most of its market share in Europe.
Gazprom, YATEK go head to head over rights to Yakutia gas blocks
Russia’s state-owned Gazprom and Yakutsk Fuel and Energy (YATEK), controlled by Russian businessman Albert Avvdolyan’s A-Property holding, have locked heads in an auction for rights to explore two gas fields in the Far Eastern region of Yakutia.
Gazprom delays launch of coalbed methane-to-LNG plant in Kuzbass region
Russia’s Gazprom has pushed back the planned launch of the country’s first plant for producing LNG from coalbed methane (CBM), the Vedomosti business daily reported last week, citing sources.
Russian gas flow via TurkStream slumps to year-low
Russian gas exports to the EU via the TurkStream pipeline slumped to their lowest level in a year in May, amounting to only 774.6 mcm, or less than 25 mcm per day.
PetroNor resumes work on PNGF Sud infill drilling programme offshore ROC
Oslo-listed PetroNor has resumed work on an infill drilling programme at the PNGF Sud field complex offshore Republic of Congo (ROC) after a hiatus of six months.
Libyan oil sector searches for new investments
Libya's oil minister notes that IOCs are asking to revise terms during negotiations, focusing on brownfield assets.
India's import of discounted Russian crude oil reached a record high in May
India's import of discounted crude oil from the Russian Federation reached a record high in May, according to trade and shipping data, with state-run refiner IOC emerging as the largest importer of Russian oil, surpassing rival Reliance Industries.
Shizen, Constant sign solar PPA with Thailand’s Molten
Shizen Energy and Constant Energy have entered into a long-term power purchase agreement with Molten (Thailand). The agreement will be based on an on-site PPA model, using a roof-mounted solar power generation facility.
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