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Kazakh state-run oil producer KazMunayGas sees 1Q23 decline in revenues despite growth in output
QatarEnergy to sign 15-year LNG supply agreement with Bangladesh
State-owned petroleum company QatarEnergy will sign a long-term deal to supply LNG to Bangladesh’s Petrobangla, Nath Sarker Petrobangla’s Chairman told Reuters on May 30.
Portugal set to launch first offshore wind farm auction
Portugal is gearing up for its inaugural auction of licences to construct offshore wind farms, with the launch expected by the end of this year.
Iran and Oman finalise deal for shared Hengam oilfield
Iran and Oman this week signed an agreement on their joint study on the shared Hengam oilfield, which straddles their maritime border in the Strait of Hormuz.
BP’s offshore Greater Tortue Ahmeyim project suffers setback with delayed delivery of liquefaction vessel
BP’s challenging Greater Tortue Ahmeyim (GTA) project located offshore Senegal and Mauritania appears set for a setback following the delay of the delivery of a floating liquefied natural gas vessel, Upstream reported on May 30.
Gorgon CCS operating at one-third capacity, says Chevron Australia
One of the world’s largest carbon capture and storage facilities, Chevron’s Gorgon CCS project on Barrow Island off the north-western coast of Western Australia, is falling far below the performance that was promised.
‘Ghost Ships’ delivering Iranian oil to Syria
Ghost ships are delivering Iranian oil to the Syrian Mediterranean port of Baniyas. During the past six months, eight tanker ships have made at least 17 deliveries and offloaded some 16mn barrels of liquid hydrocarbons in Syria.
Vogtle Unit 3 reaches 100% energy output for the first time
Georgia Power has announced that Vogtle Unit 3 nuclear power plant has reached 100% power, marking a major milestone towards commercial operation and service for customers.
SOFAZ surplus for 2023 is estimated at AZN4.5bn
Air Products inks $1bn deal to acquire, own and operate industrial gas complex in Uzbekistan
Two bids submitted for Lithuania offshore wind tender
The State Energy Regulatory Council in Lithuania has received two bids have been submitted in the Baltic country’s first offshore wind tender.
NOC outlines plans for raising oil and gas output
Libya’s National Oil Corp. has drawn up plans for increasing the production of both crude oil and natural gas.
Namibian government may seek minority stakes in mining, petroleum projects
With concerns mounting over local control of valuable natural resources, Namibia is contemplating acquiring minority stakes in mining and petroleum production operations.
TotalEnergies postpones production testing at Venus-1X offshore Namibia
France’s TotalEnergies has postponed production testing at Venus-1X offshore Namibia because of operational challenges with its designated drilling rig.
South Africa: Cape Town to start paying businesses, households for excess rooftop solar power
Mongolia making achingly slow progress in rare earth elements insiders say
Plenty of hype, little action.
Kazakhstan looks to China to diversify oil export routes
Kazakhstan is continuing its push to diversify its oil export routes, with its national oil company KazMunayGas (KMG) entering into talks with China’s CNPC on expanding two oil pipelines linking the two countries.
Clean energy investment is extending its lead over fossil fuels – IEA
Investment in clean energy technologies is significantly outpacing spending on fossil fuels as affordability and security concerns triggered by the global energy crisis strengthen the momentum behind more sustainable options, according to the IEA.
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