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Kenya confirms will review commercial oil development by June, to possible benefit of Tullow Oil, Africa Oil
Seplat Energy announces major changes to board after filing lawsuit in Nigeria against ex-chairman
Seplat Energy, less than a month after filing an NGN5bn ($10.86mn) lawsuit in Nigeria against its former chairman, A B C Orjiako, has unveiled a series of major changes to its board composition as part of its efforts to improve corporate governance.
UK and Netherlands to explore 2-GW offshore wind connector
The UK and the Netherlands have unveiled LionLink, a high-voltage interconnector (HVDC) under the North Sea that could link up to 2 GW of Dutch offshore wind farms to the grids of both nations.
SE Europe strengthens gas security with new regional agreement
Four EU members in Southeast Europe have strengthened their energy security futures with the signing in Sofia on 25 April of a memorandum of understanding that includes Azerbaijan, which supplies natural gas to the region through the SGC.
Congo LNG project launched by Eni
Italian oil major Eni inaugurated the Congo LNG gas liquefaction project on April 25. The facility will features two floating liquefied natural gas (FLNG) plants at the Nene and Litchendjili fields offshore the Republic of the Congo.
Gazprom proposes liberalisation of gas prices in domestic market
#bne #Gazprom #Russia #Gazpromgaz #newsbase #marketliberalisation
2022 blip aside, China is Asia’s LNG force of the future
With the exception of last year’s dip in numbers, as LNG prices around the world reacted to Russian invasion of Ukraine, China has shown continued year-on-year LNG import increases since the mid-2000s.
New LNG deliveries for India’s GAIL from SEFE
German firm SEFE Marketing and Trading, formerly Gazprom Germania, delivered two cargoes of LNG to GAIL in March and in April. Another four are to be delivered in May.
US companies in talks to join Ukrainian gas production, Naftogaz says
US companies are in negotiations with Ukrainian gas giant, Naftogaz, to participate in Ukrainian gas production, Ukraine Business News reported on April 25.
Italy’s Eni is to invest $130mn in drilling Orion X1 well in Egypt’s offshore Mediterranean
Italy’s Eni is preparing to invest $130mn in drilling the Orion X1 exploration well at its Mediterranean North East Hap’y concession starting from September.
US urges Turkmenistan to cut methane emissions to help battle climate crisis
Secretary of State Antony Blinken addresses urgent issue during Washington visit of Turkmen counterpart. Military chiefs of two countries hold concurrent meeting on security challenges.
Poland, Romania and Bulgaria face highest decarbonisation transition risks, says Fitch
Decarbonisation costs predicted to put up region's average debt/GDP levels by 7pp by 2030.
Zimbabwe wooing private sector investors to refurbish small thermal power stations amid generation crisis
South Korean renewables; a seemingly vibrant industry often ignored
Flanked by China to the west and Japan in the east, South Korea is often overlooked when it comes to renewables installations in north-east Asia.
ExxonMobil seeks to pre-qualify for direct negotiations on four offshore Liberian blocks
ExxonMobil is seeking to pre-qualify for direct contract negotiations on four adjacent offshore blocks in Liberia’s offshore zone.
ANC suggests delaying coal decommissioning in South Africa
South Africa’s governing African National Congress (ANC) has suggested delaying decommissioning of coal plants to avoid exacerbating the country’s ongoing power crisis.
Nigeria's $2.8bn AKK gas pipeline project to inject 3,600 MW of electricity into national grid, NNPCL says
The $2.8bn Ajaokuta-Kaduna-Kano (AKK) gas pipeline project will be a significant boost to the Nigeria’s energy sector, Mele Kyari has revealed.
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