A Lukoil refinery in the Russian city of Volgograd is on fire after being hit by Ukrainian drones overnight, Andrey Bocharov, governor of the Volgograd region, said on Tuesday. The Volgograd refinery is Lukoil’s second-biggest crude processing facility in Russia and a key fuel supplier to the southern federal district in the country.Russia has said...
Author: Energy Crossroad (Energy Crossroad)
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Karpowership and Seatrium unveil LNGTS Americas
Karpowership and Seatrium launch LNGTS Americas and sign LoI for Next-Gen floating power projects. Karpowership and Seatrium, while strengthening their strategic partnership with next-generation Powership and LNG Terminal Ship (LNGTS) conversions, also celebrated the naming of Karadeniz LNGTS Americas, the fifth member of Karpowership’s LNGTS fleet. Karadeniz LNGTS Americas will join the growing fleet of...
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Namport cancels developer bid for Lüderitz oil and gas supply base
The Namibian Ports Authority (Namport) has cancelled the developer bid for the planned oil and gas supply base at Lüderitz Bay, citing confusion among the public and stakeholders over the ongoing Environmental Impact Assessment (EIA).Namport’s Marketing and Stakeholder Engagement Manager, Cliff Shikuambi, said the decision was necessary to address misconceptions surrounding the project. “One critical...
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Logistics Delays in China Shrink Dangote’s 4,000-Truck Rollout to Just 450
The highly anticipated deployment of 4,000 compressed natural gas (CNG) trucks at the Dangote Petroleum Refinery has been stalled, with only 450 vehicles delivered so far due to shipping bottlenecks from China. A top Dangote Group official, speaking to reporters on condition of anonymity, confirmed the setback. “There are not enough ships coming from China...
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Volkswagen Delivers The 1.5 millionth All-Electric ID. Mode
lThe Volkswagen brand has reached a significant milestone in its transformation to electromobility. In the presence of the Minister President of Lower Saxony Olaf Lies, the 1.5 millionth vehicle worldwide from the all-electric ID. family was today handed over to a customer at the Volkswagen plant in Emden.The anniversary vehicle is a black ID.7 Tourer...
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Japanese billionaire set to take delivery of hydrogen-powered superyacht that outclasses Bill Gates’
A very lucky Japanese billionaire is set to take delivery of a hydrogen-powered superyacht that outclasses even one owned by Bill Gates. Yusaku Maezawa, known for founding fashion giant Zozotown is about to take delivery of a superyacht that is unlike anything else found on water. Project Cosmos is the latest Lürssen project set to...
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NOGASA denies receiving trucks from Dangote
The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) on Friday denied receiving tankers from the Dangote Refinery, insisting the information was false in its entirety. Asked to confirm the receipt of the trucks on phone, its National Public Relations Officer, Chief Chinedu Ukadike, told The Nation that the association is still opposed to...
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ASEC Urges Africa to Accelerate Gas and Renewable Projects Amid Shifting Global Energy Demand
The Africa Sustainable Energy Centre (ASEC) has projected fresh investment opportunities for African gas projects as global demand patterns evolve. The call comes as fourth-quarter LNG exports are expected to decline by nearly 50%, creating new urgency for Africa to strengthen its role in the international gas market. ASEC notes that Europe sees African gas...
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Russia appears to open door for potential Exxon return to Sakhalin-1 project.
Russia’s president Putin has signed a decree to allow foreign investors, including Exxon Mobil (NYSE:XOM), to regain shares in the Sakhalin-1 oil and gas project, Reuters reported Friday. The signing occurred on the same day that Putin met President Trump in Alaska to discuss a potential ceasefire in Ukraine, and possibly on opportunities for investment...
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Namibia urged to fast-track reforms to secure place as Africa’s next energy frontier
Namibia must accelerate legal and institutional reforms to turn its recent oil and gas discoveries into lasting economic benefits, SNC Managing Partner and President of the Association of International Energy Negotiators (AIEN), Shakwa Nyambe, told delegates at the third Namibia Oil and Gas Conference in Windhoek.Delivering a presentation titled Industry Leaders’ Insights under the theme...