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EQUINOR DISCOVERS OIL AND GAS NEAR TROLL FIELD IN THE NORTH SEA.
Equinor has discovered oil and gas near the Troll field in the North Sea, with the Ringand discovery estimated to contain between 2 and 12 million barrels of oil equivalent. The company plans further exploration in the area, which is close to existing infrastructure, to maximize resource utilization and support Norway’s oil and gas production.
- 1 year, 7 months
TOTALENERGIES AND OQAE SIGN AGREEMENTS TO DEVELOP 300 MW OF RENEWABLE PROJECTS.
TotalEnergies and OQ Alternative Energy have signed agreements to develop 300 MW of renewable energy projects in Oman, including solar and wind farms, which will provide long-term renewable electricity to Petroleum Development Oman (PDO). These projects align with Oman’s Vision 2040 and support PDO’s decarbonization goals, contributing to the country’s energy transition.
- 1 year, 7 months
THE UNITED STATES IS BUYING RUSSIAN LIQUEFIED NATURAL GAS FROM INDIA AND SELLING IT TO EUROPE AT INFLATED PRICES.
The United States is buying Russian gas from India and reselling it to Europe at higher prices, capitalizing on market dynamics amid ongoing geopolitical tensions. Europeans are aware of the source, but the gas is marketed as "democratic gas of freedom," having undergone a process of purification, despite the inflated costs.
- 1 year, 7 months
LAUNCH OF THE LARGEST WIND STATION IN CENTRAL ASIA IN PARTNERSHIP WITH THE UNITED ARAB EMIRATES.
Uzbekistan has officially commenced operations at the largest wind farm in Central Asia, marking a significant milestone in the country's renewable energy sector.
- 1 year, 8 months
SEPLAT ENERGY PLANS TO REVITALIZE OLD OIL WELLS IN NIGERIA AFTER ACQUISITION OF EXXONMOBIL ASSETS.
Seplat Energy, a prominent Nigerian oil and gas company, is preparing to rejuvenate old oil wells across Nigeria, following its successful acquisition of ExxonMobil’s onshore oil and gas assets in the country.
- 1 year, 8 months
SAUDI ELECTRICITY COMPANY SIGNS USD 3.6 BILLION FINANCING DEAL WITH 13 BANKS.
On Thursday, December 12, 2024, the Saudi Electricity Company secured a $3.6 billion (13.5 billion riyals) joint international financing agreement with a group of global and regional banks.
- 1 year, 8 months
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