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Senegal making strides in advancing offshore oil and gas projects
The Senegalese national oil company Petrosen has said it expects to see first production from the country’s inaugural offshore oil development in the coming days. The Sangomar deepwater oilfield will produce 100,000 bpd of crude oil.
Turkey simply relabels Russian oil products and exports them to Europe, research indicates
Country appears to have quite brazenly emerged as a strategic pitstop for fuel products from Russia rerouted to the EU.
Global warming acceleration at its peak but the La Nina effect this year will reduce temperatures less than expected
Global temperature is now near its peak due to El Niño aerosol decrease. How far will it fall in the coming La Niña? Less than expected.
Pertamina and ExxonMobil to develop carbon capture storage hub in Southeast Sumatra
PT Pertamina Hulu Energi, a subsidiary of the state oil and gas company Pertamina, and ExxonMobil have announced the establishment of a technology hub for carbon capture storage and carbon capture utilisation storage.
Romania’s Romgaz prepares €1.5bn MTN scheme to finance Neptun Deep offshore project
Romania’s natural gas company Romgaz, with Rothschild as its adviser, has hired JP Morgan to lead a consortium of banks that will handle the sale of bonds on the foreign market under an MTN scheme intended to finance Neptun Deep offshore project.
Indonesia’s Chandra Asri Pacific secures acquisition of Shell Energy and Chemicals Park in Singapore
Premier Energy completes successfully Bucharest IPO and prepares for listing
Electricity and natural gas utility company, Premier Energy, announced that it has successfully completed the IPO under the Base Deal Scenario at a price of RON19.5 (€3.92), close to the lower limit of the RON19-21.5 indicative price range.
Adaro Energy Indonesia shifts focus to green energy with $300mn investment
Adaro Energy Indonesia, traditionally a coal-centric company, is boldly shifting towards renewable energy
Azerbaijan's commercial oil production decreases, gas production increases
According to the State Statistics Committee, the production of the main product of the sector, commercial oil, was 9.619mn tonnes, while commercial natural gas production was 12.7427 bcm.
India presents vision for renewable energy leadership at hydrogen summit
Secretary of India’s Ministry of New & Renewable Energy Bhupinder Singh Bhalla speaking at the World Hydrogen Summit 2024 in Rotterdam presented from the podium on India’s strategic advancements in renewable energy and green hydrogen
Brazil’s Eletrobras and Green Energy Park mull green hydrogen production
Eletrobras, Latin America’s largest utility, has signed a memorandum of understanding (MoU) with Green Energy Park (GEP) to explore opportunities for green hydrogen production.
Rotterdam Foundation signs MoU for green economy projects in Egypt’s Suez Canal Economic Zone
Egypt Gas posts 48.1% y/y surge in net profit to $2.96mn in Q1
Egypt Gas posted a 48.1% y/y rise in its net profit after tax in Q1 of the current year to EGP 138.966mn ($2.96mn), the private energy company said in a bourse filing on Thursday, May 16.
Experts devoted to preventing mine tailing heap disasters meet in Tajikistan, announces UNECE
Sudanese authorities hasten pipeline repairs for South Sudan oil exports
Sudan's Sovereign Council is mobilising efforts to mend ruptured pipelines crucial for transporting South Sudan's crude oil to global markets, a spokesperson for the council revealed on May 15.
Iran launches two solar farms in southeastern Kerman province
Iran has launched two solar farms, each churning out 10 megawatts of clean electricity, in the southeastern desert province of Kerman.
ExxonMobil on track to producing 500mn barrels of oil in Guyana by year's end
ExxonMobil's oil production offshore Guyana is on track to reach 516mn barrels since it began production in December 2019.
Colombia's oil production nears 800,000 bpd, says Regulator Chief
The President of the National Hydrocarbons Association announced that the country's average daily oil production is approaching 800,000 barrels per day, despite the nation's increasing focus on expanding renewable energies.
BYD postpones 2025 plans for Chile lithium plant
Chinese car manufacturer BYD Co has decided to delay its plans for producing lithium cathodes for electric vehicle batteries at a new plant in Chile, the company's Americas head, Stella Li, confirmed.
Morocco to invest $7bn in energy projects over coming three years
Moroccan Energy Minister Leila Benali has said the government plans to invest $7bn in the country’s energy network to add 9 GW to its installed capacity by 2027 to reach a total of 20 GW.
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