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Canada's Condor sees spike in gas output in Uzbekistan after launching new well
The achievement was helped by stronger-than-expected flows from the company's new K-42 well at the Kumli Northwest field.
Engie Chile switches on $50mn BESS Arica battery, second storage project live this year
Engie Chile has begun commercial operations at BESS Arica, a 25 MW/150 MWh battery energy storage system in the Arica and Parinacota region, marking the company's second storage project to reach commercial operation in Chile this year.
FSB detains Russian citizen for attempted attack on oil facility in western Siberia
The suspect was arrested near a concealed cache after collecting an improvised explosive device intended for use against an unnamed oil-industry facility in Nyagan.
Russia approves agreement with India to develop the Northern Sea Route
Russia has authorised state nuclear corporation Rosatom to sign an agreement with India aimed at expanding cargo shipments along the Northern Sea Route.
Sri Lanka seeks bids from Russian crude from Rosneft and Zarubezhneft
Sri Lanka’s state-run Ceylon Petroleum Corp. has registered Russia’s Rosneft and Zarubezhneft as crude suppliers, allowing them to bid for contracts serving the country’s sole refinery.
Argentina launches international tender for offshore hydrocarbon exploration
Argentina's government has launched an international tender for offshore hydrocarbon exploration in the CAN_200 block of the North Argentina Basin, aiming to assess the area's energy potential and attract investment through a competitive bidding.
Small oil producers in Tatarstan slash output amid Ukrainian drone strikes against refineries
Ukraine has been waging a relentless campaign of drone strikes against Russian refineries, rendering up to 30% of national throughput capacity inoperable.
Kyrgyzstan bans fuel exports amid knock-on effect from Russian shortages
Much of Central Asia is feeling the knock-on effect of fuel shortages in Russia, caused by persistent Ukrainian drone strikes on refineries.
Norwegian oil producer Aker BP reports hike in costs at two key projects
The company raised its production guidance for the year, however.
Graham's last sanctions bill cuts Russia tariff threat from 500% to 100%
US senators have unveiled a watered-down version of the Russia sanctions bill championed by the late Senator Lindsey Graham, cutting threatened tariffs on buyers of Russian energy from 500% to a maximum of 100%.
Australian explorer Elevate Uranium raises stake in Namibia's Marenica project to 90%
Elevate Uranium (ASX: EL8, OTCQX: ELVUF) (Elevate) has agreed to increase its stake in the Marenica Uranium Project in Namibia to 90% through two acquisition agreements, the company said in a statement on July 13.
Aberdeen-based oil service provider Unity scores first major Asia-Pacific contract
The companies will deploy Unity’s proprietary surface intervention system for an unnamed international offshore operator.
Malaysia's Velesto scraps $63mn sale of jack-up rig to Indonesia Drilling after deadline passes
Malaysia’s Velesto Energy has terminated the planned $63mn sale of its NAGA 3 jack-up rig to Indonesia’s PT Indonesia Drilling Energy after the transaction failed to close by the agreed deadline.
Oman urges inclusive Gulf security framework after Iran conflict
Oman's Foreign Minister, Badr Al Busaidi, called on July 14 for a fundamental overhaul of the Gulf's security architecture, arguing that the recent war involving Iran has exposed the shortcomings of decades-old policies centred on containing Tehran.
Oman’s Dhofar Islamic signs financing deal for polymer plant at Sohar
Dhofar Islamic, the Islamic banking window of BankDhofar, announced on July 15 the signing of a financing agreement with Oman’s ZL Group to support the establishment of an acrylamide and polyacrylamide production plant at Sohar Port and Freezone.
Three oil tankers attacked off Oman coast; one dead, three missing
Three oil tankers were targeted in separate attacks off the coast of Oman, leaving one crew member dead, three others missing and several injured, Oman News Agency (ONA) reported on July 14.
Australia's Tetragon dishes out $1.5mn contract to DUG for reprocessing seismic at two offshore Philippine oil blocks
Newly-listed Australian oil explorer Tetragon Energy has awarded DUG Technology a $1.45mn contract to reprocess seismic data across two offshore Philippine blocks.
Angola’s oil reforms offer lessons for Algeria’s upstream investment drive
Algeria could strengthen its oil and gas sector by adopting some of the regulatory reforms that helped revive Angola's upstream industry.
India's ONGC approves 12.8mn-barrel strategic petroleum reserve
India’s ONGC has approved in principle a 12.8mn barrel strategic petroleum reserve at Mangalore, seeking to strengthen the country’s emergency crude stocks following disruption to supplies through the Strait of Hormuz.
Sunda Energy seeks permit to gas discovery off New Zealand
London-listed operator Sunda Energy has applied for an exploration permit covering the undeveloped Awakino gas-condensate discovery offshore New Zealand.
Chevron seeks approvals for surveys to support LNG production at Gorgon in Australia
The surveys will support engineering work for the fields’ future development as part of Gorgon’s wider backfill programme.
Guyana pushes Berbice exploration as government sets tight mobilisation deadline
Guyana has given the Dominican Republic-led Berbice Block consortium up to six months to begin offshore exploration, underscoring a tougher government approach aimed at accelerating investment beyond the country's producing oil fields.
New basin model reshapes expectations for Suriname’s offshore exploration frontier
New geological modelling suggests Suriname's offshore challenges stem from petroleum generation and migration rather than reservoir quality, highlighting why Guyana's Golden Lane has consistently outperformed neighbouring acreage.
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