Companies
Eni starts operations at Venezuela’s Junín-5 oil field
Eni has started operations at the Junín-5 heavy oil field in Venezuela’s Orinoco Belt, after signing a production participation contract wit...
Infrastructure & Investments
Nigeria approves procurement of East and West transmission super grids
The Nigerian Government has approved the start of procurement for the proposed East and West Super Grids, which are intended to strengthen t...
Companies
Mazarine Energy will acquire Romania’s largest offshore gas producer
Mazarine Energy has agreed to acquire Black Sea Oil & Gas, Romania’s largest offshore gas producer, from Carlyle and the European Bank f...
Energy & Climate Markets
National Grid will extend operations of the France–UK IFA interconnector until 2050
National Grid will invest up to GBP400m (EUR475m) to extend the operation of the 2 GW Interconnexion France-Angleterre (IFA) electricity lin...
Infrastructure & Investments
Alliant Energy secures USD5.1bn to develop new power generation assets (US)
US energy utility Alliant Energy has secured a USD5.1bn loan guarantee from the US Department of Energy (DOE) to support power generation, e...
Companies
Trafigura and SEFE (Germany) sign five-year deal for 3 bcm/year of gas supplies
Commodity trader Trafigura and German gas importer Securing Energy for Europe (SEFE) have signed a USD1.5bn five-year loan agreement with a ...
Energy & Climate Markets
Equinor revises Afrodite discovery estimate up to 77–180 mboe in North Sea
Norway’s energy group Equinor has more than doubled its previous estimate of recoverable gas volumes at the Afrodite discovery, located near...
Companies
Woodside signs 20-year LNG supply deal with QatarEnergy for 3 Mt/year
Australian energy company Woodside has entered into a 20-year sale and purchase agreement with QatarEnergy for the supply of up to 3 Mt/year...
Infrastructure & Investments
Sembcorp brings 600 MW hydrogen-ready CCGT plant online in Singapore
Sembcorp Industries has begun commercial operations at its 600 MW hydrogen-ready combined-cycle gas turbine (CCGT) power plant on Jurong Isl...
Forecasts
UN reports insufficient progress towards Paris Agreement commitments
The United Nations Framework Convention on Climate Change (UNFCCC) has reported that updated national climate plans remain insufficient to p...
Energy & Climate Markets
Victoria (Australia) approves restart of Patricia-Baleen gas fields
The state government of Victoria (Australia) has approved a production license to restart the Patricia-Baleen gas fields off the state’s Gip...
Infrastructure & Investments
Constellation gets conditional USD5bn loan for nuclear uprates in the US
The US energy group Constellation Energy has secured a conditional loan commitment of up to USD5bn from the US Department of Energy (DOE) to...