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AFRELEC: Globeleq begins grid-scale solar storage project in Mozambique
Africa-focused IPP Globeleq has begun to build a 9-MW solar and 7-MWh energy storage project at Cuamba in northern Mozambique.
ASIAELEC: Sembcorp to buy up solar and wind projects in India
Singapore’s Sembcorp is looking to acquire Indian solar and wind projects as it aims to quadruple its Indian renewable capacity to 10 GW by 2025.
Russian government tweaks 50% dividend payout rule for state companies
Russia's Prime Minister Mikhail Mishustin signed a new order on dividend payments for state companies, which brings clarifications to adjusted net income calculations for paying at least 50% of IFRS net profit, Izvestia reports.
ISTANBUL BLOG: Turkey’s “sea snot” crisis forces closure of coastal fertiliser plant
As government claims it has sprung into action with a disaster management plan, scientist says: “The Sea of Marmara died in 1989. What we see is the decay of a corpse.”
ENERGO: Severstal to phase out thermal coal by 1Q22
Russian steel major Severstal has announced that it will stop producing thermal coal at its Vorgashorskaya mine (part of Vorkutaugol’s Resource Division) as early as 1Q22, while local power stations will switch from thermal coal to gas.
McDermott-Sinopec consortium wins LoA for Tilenga EPCC services
US-based McDermott International has formed a consortium with a subsidiary of China’s Sinopec to provide support services at the Tilenga oilfield in Uganda.
REM: Biden’s wind support moves forward
The Biden administration will auction leases for offshore wind development off New York and New Jersey. The sale will be the administration’s first, and the ninth overall.
LatAmOil: Trinidad and Tobago eyes green hydrogen production
Trinidad and Tobago is looking into the possibility of diversifying into hydrogen production, Prime Minister Keith Rowley said last week.
AfrOil: McDermott, Sinopec on track to win $2bn Ugandan contract
US-based McDermott International has joined forces with Sinopec International Petroleum Service Corp. (SIPSC), a subsidiary of China’s Sinopec, to provide support services at the Tilenga oilfield in Uganda.
EurOil: Shell reacts to Dutch ruling
DMEA: Iraq refining and Gwadar cancellation
MEOG: Aramco deal and TAQA interest
AsianOil: Australian government backs oil, gas sector
Australian Prime Minister Scott Morrison has pledged that the oil and gas sector will “always” be a pillar of the economy, even as domestic investment in clean energy alternatives grows.
GLNG: IOCs reportedly bid to participate in Qatar’s LNG expansion
Six leading international oil companies (IOCs) have reportedly submitted bids to participate in Qatar’s giant LNG expansion project.
NorthAmOil: Shell reportedly weighing Permian sale
Royal Dutch Shell is reportedly weighing a sale of some or all of its assets in the US’ Permian Basin.
Russian internet major Yandex outlines ESG goals
Among Yandex's ESG priorities are reducing its carbon footprint, mainly from data centres and fuel use.
World Bank loans Turkey $265mn to improve earthquake resilience and energy efficiency of public buildings
Poland's PKN Orlen bulks up to play in the big league
As part of the company’s PLN140bn investment drive by 2030, Orlen plans getting into offshore and onshore wind, solar energy, as well as energy storage.
EBRD to lend €60mn to Bulgarian Eurohold subsidiary for acquisition of CEZ’s local assets
AFRELEC: Access to power rates fall in sub-Saharan Africa in past decade
The number of people without electricity in sub-Saharan Africa has increased over the last 10 years, with Nigeria, the Democratic Republic of Congo (DRC) and Ethiopia posting the highest number of people without power access.
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