Norway’s monthly oil production jumped to the highest in over a decade last month, following the ramp-up of Equinor’s new Johan Castberg field in the Barents Sea. The country’s output rose 17% from June to 1.96 million barrels a day, the Norwegian Offshore Directorate said in a statement Wednesday. That was the highest in data...
Category: International
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Kazakhstan to pursue Eni-Shell consortium for multibillion dollar fine.
Authorities insist the North Caspian Operating Company breached Kazakh environmental regulations in 2022. Reports say authorities in Kazakhstan are preparing to resume efforts to impose a multibillion dollar fine on the Eni and Shell-led operator of the country’s second largest oilfield, Kashagan, after a local court annulled an original decision to penalise the company. Kazakhstan...
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Why Cape Town Faces Long Planned Power Outages And How Residents Can Prepare
Cape Town and other South African cities frequently experience planned power outages lasting several hours, often stretching to 8–10 hours, as municipalities conduct critical infrastructure maintenance. While these interruptions can be frustrating, they play a vital role in safeguarding the stability of the local grid and preventing larger unplanned blackouts. Planned outages differ fundamentally from...
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Ukrainian Drones Hit Another Russian Oil Refinery
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...
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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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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...