Algeria to End Gas Supplies to Morocco, Supply Spain Directly

Algeria, which has cut off diplomatic ties with Morocco, will stop supplying natural gas to the country through the Maghreb-Europe pipeline on the 1st November, three sources with direct knowledge of the matter told Reuters.   The 13.5 billion cubic-metre (Bcm) Maghreb-Europe pipeline links Algeria to Spain. Algeria will…

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Repsol Norge achieves first oil from Yme field restart

Repsol Norge has achieved first oil from the Yme field restart after it was shut down in 2001 in response to low oil prices.   Yme includes production licence (PL) 316 and PL 316 B in the south-eastern part of the Norwegian North Sea in…

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QatarEnergy joins forces with ExxonMobil for exploration offshore Canada

Qatar’s state-owned oil and gas company QatarEnergy has signed a farm-in agreement with ExxonMobil Canada for an exploration licence offshore Canada.   Recently, QatarEnergy changed its name from Qatar Petroleum to reflect its new strategy focused on the energy transition.   On the 24th October, the…

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China targets a carbon-neutral economy by 2060

China aims to have non-fossil energy consumption exceed 80% of its total mix by 2060, when the world’s second-biggest economy plans to be carbon neutral, according to guidelines published by the official Xinhua News Agency.   The measures are part of China’s larger plan for…

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German Regulator in Touch with Nord Stream 2 Over Certification Issues

Germany’s energy regulator said on the 22nd October that it is in touch with the Nord Stream 2 gas pipeline consortium and expects it will provide assurances that the project meets the regulator’s requirements.   The regulator also said that it was looking at processing applications by Ukrainian gas company…

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Equinor preparing for wildcat well off Norway

The Norwegian Petroleum Directorate (NPD) has issued a drilling permit to Equinor for a wildcat well in the Norwegian Sea.   The well 6407/9-13 will be drilled from the West Hercules semi-submersible drilling rig, the NPD said on the 22nd October.   The drilling programme…

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