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Turkmen scientists to close the ‘Door to Hell’
National leader Gurbanguly Berdimuhamedov ordered experts to work out how to extinguish the famously fiery gas crater. They’ve finally found a way of granting his wish.
Srbijagas establishes JV with Hungarian MVM Group
Serbia’s state-owned gas company Srbijagas signs a deal with the Hungarian MVM Group to form a joint venture company
EU, Chile team up to accelerate development of latter's hydrogen economy
The EU and Chile’s government have launched two collaborative initiatives to support the development of renewable hydrogen in the South American country, the European Commission announced last week.
Kuwait resets 2025 target as it appoints another new government
Kuwait this week revised downward an ambitious oil production target as the country named its fifth government in less than 12 months.
Provaris kicks off 270-MW green hydrogen project in Norway
The project will be developed in partnership with Norwegian Hydrogen and is expected to become one of the largest green hydrogen production facilities in the Nordic region.
YPFB identifies Vitiacua as gas exploration target
Bolivia’s YPFB has identified a significant exploration opportunity in the Vitiacua region of the country, which may hold as much as 2 trillion cubic feet (56.6bn cubic metres) of natural gas.
Aramco chooses Cosco vessels for Marjan expansion
Majority state-owned Saudi Aramco has awarded a contract to Cosco Shipping Specialised Carriers to provide two heavy transport vessels to support its Marjan oilfield expansion project.
Former militant leader accuses Nigerian armed forces of stealing oil
Alhaji Asari Dokubo, the founder of the Niger Delta People's Volunteer Force, made the allegation during a press conference following a meeting with Nigerian President Bola Tinubu in Abuja.
Indonesian Pertamina secures 35-year extension to gas operations in Algerian block
State-owned Indonesian refiner Pertamina announced it had secured a 35-year extension from the Algerian authorities to its deal to develop the Menzel Ledjmet Nord (MLN) oil and gas block in Algeria’s Sahara desert, according to a statement.
China’s Bomesc to provide topsides integration services for FPSO Errea Wittu
Bomesc Offshore Engineering, a Chinese marine engineering equipment supplier, has agreed to provide topsides integration services for the Errea Wittu, the FPSO vessel that will support the Uaru development project offshore Guyana.
UK opposition Labour party reaffirms 60-GW offshore wind target for 2030
Labour MP and Shadow Secretary of State for Climate Change and Net Zero in the UK Ed Miliband has reaffirmed his party’s pledge to have 60 GW of offshore wind capacity up and running by the end of the decade if it wins power.
Cameroon halts $44.8mn deal between SNH and Savannah Energy on Chad-Cameroon Pipeline stake
Nigeria: CBN funds required for modular refinery completion
Nigerian refiners expect funding from the Central Bank of Nigeria (CBN) will be needed in order to get more local refineries on stream.
Tower Resources finishes basin modelling study of PEL 96 in Walvis basin
AIM-listed Tower Resources has wrapped up a basin modelling study of PEL 96, a licence area offshore Namibia encompassing Blocks 1910A, 1911 and 1912B.
European gas prices rebound amid planned Groningen shutdown, warm weather and Norwegian maintenance
European natural gas prices have once more spiked on reports that the Netherlands is set to follow through with its plan to close down the continent’s largest gas field, which has for decades caused earthquakes.
Novatek secures patent for second liquefaction technology
Russia’s leading LNG exporter Novatek reported last week it had obtained a Russian patent for a proprietary technology it calls Arctic Mix, designed for large-scale natural gas liquefaction using mixed refrigerants.
10 agreements signed at conclusion of first visit to Islamic Republic by an Uzbek president in 20 years
SJVN pens memo to develop 5 GW of renewable capacity in India
India’s SJVN has signed a memorandum of understanding with the country’s Maharashtra State Power Generation Co. (MAHAGENCO) to develop 5 GW of renewable energy projects in the Indian state of Maharashtra, the company announced last week.
Russia to start using SPIMEX-based Urals price assessment to calculate tax as early as this year
Russia is hopeful that it can start using a Urals benchmark price assessment at the St Petersburg International Mercantile Exchange (SPIMEX) to calculate how much tax oil exporters should pay as early as this year.
Air Liquide strikes Chinese wind, solar PPA with Three Gorges
French gas tech manufacturer Air Liquide has entered into a power purchase agreement with China Three Gorges Renewables and China Three Gorges Corp. Jiangsu Branch, subsidiaries of China Three Gorges, a major renewable electricity producer.
CEZ shares rise 2.5% after Czech government calls for payout of entire 2022 profit
The government should extract a total of CZK150bn (€6.3bn) from the power group this year.
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