Energy

Participation in Onshore Angola Licence Round

Serinus Energy plc (“Serinus” or the “Company”) (AIM:SENX, WSE:SEN) notes that it has been selected as a preferred bidder on the KON-13 block in the onshore Kwanza basin in the Republic of Angola. Formal notification of this preferred bidder status is expected to be received from the Agência Nacional De Petróleo, Gás E Biocombustíveis (“ANPG”) in the coming days.

Officials: Texas leads in oil, gas production, jobs due to regulatory environment, innovation

(The Center Square) – Texas leads the U.S. in oil and natural gas production and job creation primarily because of an innovative and talented workforce and supportive regulatory environment, state and industry leaders argue. As the Biden administration continues to halt and delay permits, Texas has prioritized pipeline and port expansion to facilitate energy and job growth.

Projects worth EUR 5.6 billion underway in Bulgaria to replace coal

Coal power plants in Bulgaria may close much faster than planned for not being competitive. Their operators and other companies are rushing to obtain EU funds to deploy cleaner technologies in the affected areas and maintain employment. There are projects underway for solar power plants, floating photovoltaics, green hydrogen, carbon capture, energy storage, desulfurization, incineration of waste and biomass, and manufacturing facilities for PV modules and batteries.

Taqa to sell its stake in Atrush oilfield in Iraq’s Kurdish region

Abu Dhabi National Energy Company, better known as Taqa, is selling its stake in the Atrush oilfield in the Iraqi Kurdish region.

The company, through its wholly owned subsidiary Taqa International, has entered into a definitive agreement with General Exploration Partners to sell all of its interest in the oilfield, Taqa said on Monday in a filing to the Abu Dhabi Securities Exchange, where its shares are traded.
It did not provide further details but said the transaction remains subject to third-party approvals.