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Eni Starts Up Congo LNG Phase 2

Eni SpA said Tuesday the second phase of Congo LNG in the Republic of the Congo has started operations, bringing the project’s capacity to three million metric tons per annum (MMtpa) of liquefied natural gas (LNG) or 4.5 billion cubic meters (158.92 billion cubic feet) a year of natural gas equivalent.

CPC resumes oil loadings from single mooring point at Black Sea terminal

 The Caspian Pipeline Consortium (CPC) said on Monday that it had resumed oil shipments from one mooring point at its Black Sea terminal following a major Ukrainian drone attack on November 29.The CPC, which includes Russian, Kazakh and U.S. shareholders, said on Saturday that the attack had halted operations because of serious damage to Single-Point […]

Responding to pressure from US, International Energy Agency forecast sees no end to oil demand

The International Energy Agency appears to have bowed to threats from the U.S. to pull its funding if the agency didn’t realign its forecasting toward unbiased, policy-neutral projections.  In the middle of the COP30 United Nations Climate Change Conference last month, the agency released its annual “World Energy Outlook.” Unlike previous iterations, the report doesn’t […]

Turkiye to sign multibillion-dollar energy, mineral deals with Pakistan this week

Turkiye is going to emerge as a key partner of Pakistani firms in the energy sector as the two countries are set to sign multibillion-dollar deals for offshore exploration and mineral projects this week. A high-level Turkish delegation, led by Minister of Energy and Natural Resources Alparslan Bayraktar, is arriving in Islamabad on Tuesday. Sources […]