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Latin American countries import 55% more LNG from US in June
US liquefied natural gas exports to Latin America and the Caribbean hit a 37-month peak in June, reaching 48.84bn cubic feet (1.38bn m3), S&P Global reported.
Iranian oil continued reaching customers despite sanctions, EIA data shows
Iranian crude and petroleum products continued to reach international markets despite years of US sanctions, with EIA data identifying at least 154 vessels involved in transporting Iranian cargoes recorded at 19 ports in four countries.
Greek shipowners earnt $4bn from Russian oil trade sanctions busting - FT
Greek shipping companies have earned at least $3.8bn transporting Russian crude oil since mid-2023, as a leading member of Russia’s shadow fleet, the Financial Times reported on July 7.
BOC moves to restore output as Iraq tests Hormuz alternatives
Iraq’s BOC has moved to restore output from three of the country’s largest oilfields
KOC presses ahead with gas production expansion
Kuwait’s state-owned upstream operator is quietly stepping up its gas production ambitions, signalling a measured but material shift in the emirate’s energy balance over the coming decade
South Africa can learn from Angola’s upstream sector revival, says AEC
South Africa has laid much of the legal and institutional groundwork needed to develop its oil and gas sector, but the real challenge is turning those reforms into sustained investment.
Hungarian government unveils major wind power expansion plan after decade-long pause
The Tisza-government has introduced new regulations aimed at accelerating wind power development by easing long-standing restrictions on new projects financed from the EU's RRF scheme.
Canada pledges to accelerate four LNG projects
Canada and the provincial government of British Columbia inked a cooperation agreement to speed up development of four large LNG projects.
UAE’s XRG buys stake in Trains 4 and 5 of Rio Grande LNG
XRG, a wholly-owned subsidiary of the Abu Dhabi National Oil Company (ADNOC), has acquired an interest in Trains 4 and 5 of the Rio Grande LNG plant owned by NextDecade
Glenfarne issues Limited Notice to Proceed to Kiewit for Texas LNG
US LNG developer Glenfarne Group has granted Limited Notice to Proceed to American contractor Kiewit for its Texas LNG export terminal located at the port of Brownsville.
Thailand attracts $4.1bn in EV investments
Thailand has secured more than $4.1bn in investment commitments for its electric vehicle industry, reinforcing its position as Southeast Asia's leading automotive manufacturing centre.
Iraq’s US‑led energy realignment shapes production, exports and power
Iraq is deepening ties with US energy firms to reshape crude output, export routes and electricity supply, concentrating influence over future incremental barrels and grid resilience
The EDB's next frontier: Uzbekistan and the future of Central Asian integration
Only a year after becoming the Eurasian Development Bank's seventh shareholder, Uzbekistan has quickly become one of the institution's strategic priorities.
Krško second reactor remains central to Slovenia’s energy strategy in shifting political landscape
New government to accelerate JEK2 project to as one of Slovenia’s key strategic energy projects, energy ministry tells IntelliNews.
Bulgaria's PM proposes reviving Belene nuclear project with EU funds
Rumen Radev said he had proposed to Ukrainian President Volodymyr Zelenskyy that Bulgaria and Ukraine jointly build the long-delayed Belene nuclear power plant using European Union funding, instead of Kyiv purchasing Russian-built reactors.
Bangladesh scrambles for short-term LNG deals
Qatar’s supply crunch after Iran’s attacks on the Ras Laffan Complex mean that it will only be able deliver 20 of the 40 scheduled LNG cargoes to Bangladesh.
Record ocean temperatures push climate into uncharted waters
The world's oceans reached their highest average June surface temperatures on record this year, underscoring growing concern among scientists that the planet is entering a new phase of climate instability in which extreme weather events become normal
Turkey to launch 'climate bridge' at COP31 to unlock green investment
Turkey plans to launch a climate finance initiative at COP31 to turn green strategies into bankable projects, Finance Minister Mehmet Simsek says. Find out how Ankara aims to unlock investment as climate shocks hit its economy.
San Mateo Midstream to buy Cardinal Midstream for $752mn
San Mateo Midstream has agreed to acquire the operating subsidiaries of Cardinal Midstream Partners, a portfolio company of EnCap Flatrock Midstream, for $752mn.
Shell to sell Na Kika stake to Talos, Ridgewood for $1.7bn
Shell Offshore has agreed to sell its 50% non-operated interest in the Na Kika platform to subsidiaries of Talos Energy and Ridgewood Energy for a total of $1.7bn.
Rwanda steps up nuclear ambitions with Russia-backed SMR cooperation agreement
Rwanda and Russia have signed a roadmap on small modular reactors and civilian nuclear cooperation as Kigali targets commissioning its first SMR in the early 2030s.
BP hands operatorship of Azerbaijan's BTC oil pipeline to SOCAR
British energy major BP has officially transferred the operatorship of the Baku-Tbilisi-Ceyhan (BTC) oil export pipeline to Azerbaijan’s state oil firm SOCAR, the joint venture company BTC Co announced on July 1.
Russia turns to Indian gasoline imports as fuel shortages deepen after refinery attacks
Russia has begun importing gasoline by sea from India to ease fuel shortages caused by repeated Ukrainian drone strikes on its refining infrastructure.
Japan’s JERA creates LNG trading arm
Japan’s largest power producer JERA has established JERA Global Energy Solutions, which will manage the company’s LNG, upstream, lower-carbon fuels and shipping portfolio.
Heirs Energies JV launches digital operations centre for Nigeria’s OML 17
Nigeria’s Heirs Energies OML 17 Joint Venture (JV) has launched an Integrated Operations Monitoring Centre (IOMC), a digital control centre developed with Redtech, the technology arm of Heirs Holdings.
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