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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.
Tanzania utility to sign deal with Total Energies on construction of country's largest solar power plant
South African metals group Sibanye-Stillwater reaches financial close on a 90-MW wind power project
Serbia to launch wind auction in June
The government of Serbia plans to launch the first renewable energy auction in June, said Serbia’s Minister of Mining and Energy, Dubravka Đedović.
MOL acquires biogas plant operator
Russian oil and gas majors to see thinner margins
Profitability of Russian oil and gas companies is going to decrease by the end of 2023 due to a drop in oil and gas prices and due to a decrease in oil refining margins, Vedomosti daily reported citing an analysis of Sber CIB.
Scirocco may receive windfall payment from Ruvuma block in Tanzania sooner than expected
Scirocco Energy may receive a substantial windfall payment of $5.5mn in the coming months, assuming that the Ruvuma natural gas project in Tanzania moves forward as anticipated.
Chevron reportedly begins sale process for ROC assets
Chevron, the US oil major, has reportedly begun the process of unloading its assets in the Republic of Congo (ROC).
Japan wind goal of 140 GW by 2050 – JWPA
Japan should have 140 GW of wind by 2050, up from less than 5 GW now, said the Japan Wind Power Association (JWPA).
Iran’s supreme leader states during Oman sultan’s visit he welcomes improved relations with Egypt
Oil output at Russia's Sakhalin-1 project restored close to pre-war level, says India's OVL
Crude oil production at the Sakhalin-1 project in the Russian Far East has been restored to its pre-war plateau level of 200,000 barrels per day, one of its shareholders, ONGC Videsh Ltd (OVL), has reported.
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