ConocoPhillips has signed a long-term sales and purchase agreement (SPA) to purchase 4 million tonnes per annum (MMtpa) of liquefied natural gas (LNG) from the Port Arthur LNG Phase 2 project under development by Sempra Infrastructure.
Libya’s eastern parliament is poised to let Turkey explore for energy in the North African nation’s waters, according to people familiar with the matter, in what would be a dramatic about-face that’s the latest sign of warming ties between Ankara and the region.
Angola’s oil production fell below the million-barrels-a-day level for the first time since it quit OPEC two years ago.
Crude output declined to 998,757 bpd in July, the lowest level since March 2023, when average monthly production last dropped to six figures, according to Angola’s National Agency for Petroleum and Gas data.
Libya’s eastern-based parliament is preparing to approve a 2019 maritime pact that would allow Turkey to explore for oil and gas in Libyan waters, according to people familiar with the talks in Benghazi and Ankara. Most obstacles to the accord have been cleared, they said, a striking reversal for the east—long aligned with commander Khalifa Haftar’s Libyan National Army and historically opposed to Turkish involvement. Tripoli, which already maintains close ties with Ankara, backs the deal.
GreenFaith Ghana, together with KASA Initiative Ghana, collaborated with the Ministry Energy and Green Transition to lead a comprehensive successful engagements with Faith leaders and members of civil society organisations across three key locations in the Western (Takoradi and Ellembelle district) and Central Region (Cape Coast) of Ghana to provide an understanding on Ghana’s frameworks on Energy and Green Transition agenda, how it affects them and the entry points for them especially people faith leaders in these discussions.
Ghana has launched the Green Cooling Project, a bold initiative aimed at cutting emissions and promoting sustainable air conditioning across the country. The project, funded by Switzerland’s KliK Foundation and implemented by GIZ in collaboration with the Environmental Protection Agency (EPA), seeks to make climate-friendly cooling affordable and energy-efficient for households.
In the first half of this year, Weatherford’s revenues from its Russian operations rose to 7% of the total $2.4 billion, from 5% of the total for the first six months of 2024, the report said, noting the oilfield service provider generated some $332 million in cash and assets in Russia as of end-June this year. That was up from $233 million a year earlier.
According to the data, Nayara Energy has imported at least seven cargos of Russian crude on tankers that include sanctioned vessels, carrying a total of 700,000 barrels. Nayara Energy accounts for some 8% of India’s total refining capacity. It operates a 400,000-bpd refinery in Vadinar, which is the second-largest in the country. The facility is 49% owned by Russia’s Rosneft.
Ever since the president took office, life has become rather hard for wind and solar developers. The biggest blow came from the One Big, Beautiful Bill, which, however, left them a loophole, if they were fast enough with construction, because the end of subsidies was set to take effect from 2027. From that moment on, wind and solar developers are on their own and on the support of any private financial backers that may be interested in their projects.
Midwest refiners are closely watched by traders due to the concentration of capacity and limited pipeline outlets. Unplanned disruptions at Whiting in past years have quickly affected wholesale gasoline prices in Chicago and neighboring hubs, according to the U.S. Energy Information Administration (EIA).