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LNG in Europe: ready or not?

With the reliable supply of Russian gas to Europe a thing of the past since the eruption of war in Ukraine, many European countries have been scrambling to find alternative sources of energy. Many have turned to LNG.

NorthAmOil: ExxonMobil, MHI to deploy CO2 capture technology

ExxonMobil and Mitsubishi Heavy Industries (MHI) have joined forces to deploy MHI’s CO2 capture technology as part of ExxonMobil’s end-to-end carbon capture and storage (CCS) solution for industrial customers.

AfrElec: Dubai’s AMEA Power reaches financial close on two 500-MW renewable energy projects in Egypt

GLNG: Bangladesh turns to Brunei for LNG supply

AsiaElec: China makes advances in nuclear power capacity

Sino-Russian ties continue to deepen as Western sanctions drive their economies together

Widely seen as a marriage of convenience, economic ties between Russia and China are rapidly deepening as the two countries are driven together by pressure from the West.

REM: British prime minister may U-turn on onshore wind

Russia proposes Kazakhstan and Uzbekistan join “gas union”

Goal of proposed union is to coordinate transport of Russian gas across Central Asia as Moscow seeks new markets in response to Western sanctions.

Kazakh authorities threaten to nationalise energy firms over ongoing blackouts

Warning issued after accident at a power plant in northern Kazakhstan that left thousands without electricity amid freezing temperatures in the city of Ekibastuz.

Oil price cap deal still proves elusive for EU

EU negotiators ended talks on capping Russian oil prices on November 25 without coming to a hoped-for agreement, as Poland and the Baltic States opposed a proposal that they felt would have left Moscow with too much revenue from its crude exports.

FSUOGM: FSB claims sabotage foiled at "South Stream" gas pipeline

DMEA: Israel eyes new gas export route to Europe

NewMed Energy (Israel) has indicated that it does not want Egypt’s LNG plants to be the sole export outlet for natural gas from the Leviathan field.

AfrOil: Eco Atlantic strikes out at Gazania-1

UK-based Eco (Atlantic) Oil & Gas said it had not found any crude oil or natural gas in the Gazania-1 exploration well at Block 2B offshore South Africa in the Orange basin.

EurOil: Equinor, partners sign off on $1.4bn gas field development

LatAmOil: EPA imposes new permitting requirement on USVI refinery

The US EPA has told the owner of the Limetree Bay Refinery in the US Virgin Islands (USVI) that it may not resume operations unless it first obtains a new comprehensive Clean Air Permit.

AsianOil: Indonesia set to decommission first offshore platform

Azerbaijan's State Oil Fund reports over $5bn in losses from asset management and FX in first nine months

SOFAZ reported losses from asset management of $2.659bn, or 5.7% of its value, as well as extra-budgetary expenses amounting to $2.46bn, largely due to exchange rate appreciation.

Gazprom admits Moldova paid its bills but keeps December deliveries at under half of contracted amount

Energy crisis in Moldova continues as Gazprom refuses to increase deliveries, accusing Chisinau of "frequent payment breaches".

ENERGO: Three contenders reportedly in race for Enel’s €1.9bn of Romanian energy assets

Three contenders reportedly in race for Enel’s €1.9bn Romanian energy assets

Italian utility group Enel plans to sell its subsidiaries in several countries including Romania next year.

MEOG: PIF hires banks for ADES IPO

NorthAmOil: COP27 - Canada faces criticism for oil and gas stance

AsiaElec: Japanese engine-maker goes green in India

Investigation indicates that companies with US ties are assisting Venezuelan fuel shipments

Two companies with ties to the US appear to be assisting Venezuela in transporting large amounts of petroleum products to the world market via an Iranian-built tanker.

National Energy Corp. of Trinidad and Tobago will attend conferences to promote energy services

State-owned National Energy Corp. of Trinidad and Tobago will participate in at least three major oil and gas summits next year in an effort to help the country’s energy services sector expand.