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South Africa's Cape Town signs 70 MW solar PPAs at below Eskom rates
South Africa's City of Cape Town has signed 20-year agreements for 70 MW of solar power that it says will cost 19%-21% less than current Eskom rates, marking its first PPAs with independent producers.
Lindian secures access to Kazakhstan rare earth stockpile
Australian mineral exploration and development company Lindian Resources (ASX:LIN, OTC:LINIF) has secured exclusive access and an option to acquire 13,389 tonnes of previously extracted material in Kazakhstan that could provide feedstock.
Nigeria's Dangote considers petrol sales curbs for marketers that import fuel
Nigeria's Dangote Petroleum Refinery is considering restricting petrol sales to major marketers that also import fuel, escalating a dispute over the country's petrol import regime.
China solar capacity overtakes coal for first time
China’s installed photovoltaic power capacity surpassed coal-fired capacity for the first time to become the country’s largest power source, the National Energy Administration reported on September 1.
ERC approves transmission links for Philippines green power
The Energy Regulatory Commission (ERC) has approved the construction of point-to-point transmission lines for two privately funded renewable energy projects in the Philippines, the regulator announced on September 1.
Azerbaijan's STAR refinery diesel, LPG output rise
South Korea's SK On signs $1.09bn storage contract
South Korean battery producer SK On (096770.KS) signed a long-term supply agreement with US firm NeoVolta Power (NEOV) to deliver energy storage system (ESS) cells.
Indonesia sets 2027 crude oil lifting target at 612,500 bpd
Seeking to halt long-term natural depletion and reverse domestic production shortfalls, the Indonesian government has established higher upstream crude oil targets
Poland seeks bigger role for domestic firms in offshore wind projects
The Industrial Development Agency (ARP) has signed letters of intent with units of Poland's two biggest energy companies, with the aim of increasing the participation of Polish companies in key offshore wind energy projects.
Trump’s Venezuela oil deal puts Betancourt at centre of US energy push
The proposed arrangement would give the US an effective 55% share of production from the venture, while NABEP would manage operations
Trump’s Venezuela oil deal faces legal hurdles before $100bn investment
President Donald Trump’s sweeping oil agreement with Venezuela is facing questions over its legal foundation and ability to survive political changes, UBS said in a note.
Venezuela expects $209bn from 25-year US oil agreement, Rodríguez says
Venezuela expects to generate about $209bn from a 25-year oil agreement with the US, as the government seeks to expand crude production beyond 1.5mn barrels a day and attract investment into an industry battered by sanctions
Opposition leader warns Venezuela oil windfall must reach citizens, not ‘a few’
Edmundo González cautioned that the revenues expected from Venezuela’s new energy agreement with the US may fail to translate into broader economic gains for the population
Huasun supplies 13.7-MW solar modules for Myanmar project
Huasun Energy is expanding its presence in Southeast Asia with a 13.7MW solar module order for a photovoltaic project in Myanmar.
Chevron, Eni and other energy firms near new Venezuela deals
Chevron, GE Vernova, India’s ONGC, Italy’s Eni and Colombia’s GeoPark are closing in on agreements that could deepen foreign involvement in Venezuela’s energy industry, following months of negotiations over oil, gas and power projects
Toyota to invest $283mn in electrified vehicle production
Toyota (7203) is stepping up investment in Vietnam with a $283mn expansion focused partly on electrified vehicle production.
Trump to meet US refiners as Venezuela deal targets $100bn oil investment
President Donald Trump is preparing to meet executives from major US refiners as Washington and Caracas advance a 25-year energy pact designed to channel as much as $100bn of private capital into Venezuela’s oil industry
Tata Power Renewable Energy commissions 100-MW captive solar project in Tamil Nadu
Tata Power Renewable Energy Limited (TPREL) has commissioned a 100-MW group captive solar power project in Tamil Nadu, taking its overall portfolio size to 12.3 GW.
Pakistan seeks spot LNG cargo for September delivery
Pakistan has moved to secure an additional liquefied natural gas (LNG) cargo from the international spot market as it looks to meet near-term energy requirements.
India becomes key gasoline supplier to Russia amid refinery disruptions
India has emerged as a major supplier of gasoline to Russia as Ukrainian drone strikes on Russian refineries disrupt domestic fuel production and drive up imports.
Oil India unit signs MoUs for four waste-to-energy projects in Haryana
Oil India Green Energy Limited (OGEL), a wholly owned subsidiary of Oil India Limited (NSE: OIL), has signed memorandums of understanding (MoUs) with four Haryana municipalities to develop integrated compressed biogas and waste-to-energy projects
Baghdad’s northern gambit tests Kurdish patience
Confronted with restored Kurdish flows and a revived Kirkuk-Baniyas plan, Iraq is redrawing its export map even as Erbil presses Baghdad on pricing and volumes.
Iran welcomes Kyrgyzstan proposal for joint oil refinery
Iran has welcomed a proposal to build a refinery in Kyrgyzstan for joint use, President Masoud Pezeshkian said during talks with his Kyrgyz counterpart.
“Super-emitter” Turkmenistan fixes batch of methane leaks, observers hail “breakthrough” moment
One of the world’s top-ranked “super-emitters” of planet-heating gas, Turkmenistan, has started plugging some of its mega-leaks at ageing oil and gas facilities, UN data shows.
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