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Oil Refinery

Saudi Aramco Buys Stake In Refinery In Russia’s Backyard

Saudi Arabia is expanding its downstream presence and crude customers in Eastern Europe, traditionally Russia’s backyard, by buying a stake in a Polish refiner…

Nuclear Power Plant

Fresh Delay to Flamanville 3 Blamed on Pandemic

The start of operations for the Flamanville 3 EPR reactor in France has been put back, with EDF saying the Covid-19 pandemic had made preparations "more difficu…

Energy Investment

Apicorp and IsDB Collaborate on $1bn Infrastructure Financing Initiative

The multilateral lenders aim to address low private sector participation in funding energy projects

Natural Gas

Dana Gas and Crescent Petroleum Post 50% Jump in Gas Production in Iraqi Kurdistan

Production from operations in Iraqi Kurdistan over a three-year period reached a record 452 million cubic feet of gas per day at the end of 2021

Market Analysis

Gas-Powered Car Sales In China Down Around 4% While EV Sales Up ~145% In 2021

I saw an interesting tweet by Sam Korus from ARK Invest yesterday.

Nuclear Reactor

Hyundai Engineering Secures Exclusive EPC Rights for USNC's Micro Modular Reactor Projects

The amount of equity investment is US$30 million.

Energy Investment

Invenergy Secures $3bn from Blackstone to Drive Clean Energy Platform

Chicago-based multinational utility Invenergy is set to expand its renewable energy business after securing approximately $3 billion in investment from global a…

Personnel Appointment

Kazakhstan Appoints New Energy Minister

A new energy minister has been appointed in Kazakhstan after the government resigned on the back of last week's violent unrest.

Kazakhstan

Kazatomprom Says Operations 'Normal' Despite Unrest

Kazatomprom's offices, production facilities and mines have not been impacted by civil unrest that began in the country on 2 January and are operating normally.…

Hydrogen Project

Germany to Significantly Boost Renewable Energy Technologies with Hydrogen Set to be Central to Decarbonisation

Germany is set to significantly boost its renewable energy sector by supporting innovative technologies to reduce the nation’s climate footprint with hydrogen …

Electric Vehicle Battery

Veolia Announces Its First EV Battery Recycling Plant in UK

Veolia, the UK’s leading resource management company, has announced its first electric vehicle battery recycling facility in the UK, which will have the capaci…

CCS

Cresta, Lapis Energy to Collaborate on Carbon Capture Project

US-based Cresta Fund Management will work with carbon capture and storage specialist Lapis Energy LP to develop and deploy technology that will help decarbonise…

Crude Oil

Libya’s El Sharara Crude Field Poised to Restart

Production from Libya's largest field — the 300,000 b/d El Sharara — can restart after an agreement was reached with the Petroleum Facilities Guard.

Hydrogen Project

UAE-UK Green Hydrogen Corridor to be Explored in Study

New research will examine collaboration between two counties to boost trade and investment

Oil Field

Output at Kazakh Tengiz Oil Field Ramping Back up

The Chevron-led Tengizchevroil consortium is gradually restoring production at Kazakhstan's giant Tengiz oil field after civil unrest forced the firm to reduce …