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Iran offering crude, gas and condensate on IRENEX
Iranian Oil Minister Javad Owji said at the weekend that crude oil and gas condensates would be sold to foreign customers on the Iran Energy Exchange (IRENEX). They would be available to domestic buyers at the same price during a particular period.
FSUOGM: Gazprom unveils $3bn East Siberian LNG project
AsianOil: Malaysian MP moots Petronas IPO
Mongolia’s giant Oyu-Tolgoi copper-gold underground mine starting operations
If promises are fulfilled, big gains for public purse and industries such as electric vehicles and renewable energy will be seen.
MEOG: TotalEnergies expands UAE portfolio
DMEA: Modular refinery expansion complete
Awkward embrace as Iran and Saudi Arabia seal deal on restoring relations brokered by China
Agreement could have implications on reviving nuclear deal and could even help build ties between Moscow, Beijing, Tehran and Riyadh.
AfrElec: S&P Global downgrades South Africa’s economic outlook amid worsening energy crisis
AfrElec: Kenya Power facing $51mn revenue drop as government extends 15% electricity tariff subsidy
Latest mass missile attack kills at least six civilians in Ukraine and cuts off Zaporizhzhia NPP
Russia launched its first mass missile attack since mid-February, killing at least six people and causing blackouts across the country on March 9.
EU court rules Bulgaria unlawfully allowed coal-fired Maritsa East 2 plant to pollute the air
The Bulgarian government granted the Maritsa East 2 TPP a derogation to burn more coal and emit almost double the amount of sulphur dioxide allowed by EU law.
PPC reportedly seals deal to buy Enel’s Romanian assets for €1.26bn
Italian utility Enel plans to sell its subsidiaries in several countries including Romania.
GLNG: Australian LNG terminals export less in February as fears grow over short-term market intervention
How cryptocurrency mining froze a Kazakh city
Inhabitants of Ekibastuz who were left without heating on freezing winter days have a much different understanding of the term “crypto winter” than digital money enthusiasts.
German investor to build €1bn PV panel factory in Romania
AE Solar’s factory to meet one-third of the EU market’s demand when it reaches full capacity as Europe seeks to reduce dependence on solar panel imports.
Uzbekistan: Unringing the bell
News reported last week about Uzbekistan preparing to accommodate Russian gas in its pipelines may not have been true, despite officials initially stating otherwise.
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