Daily Newsletter

06 September 2023

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Daily Newsletter

06 September 2023

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Spotlight

Cyprus, Greece and Israel sign joint agreement to strengthen energy ties

During the 9th Trilateral Summit in Lefkosia on 4 September, Cyprus, Greece, and Israel agreed to strengthen energy cooperation.

Latest news

EIA: global imports of LNG set to shoot up 16% by 2024

In the first seven months of 2023, three countries – Germany, the Philippines and Vietnam – began importing LNG for the first time.

06 September 2023

Höegh LNG, Aker BP team up for carbon transport and storage

The two companies will combine their expertise, strengths, and technologies to establish CCS value chain.

06 September 2023

Oman’s OQ Gas Networks unveils plans for 49% stake sale via IPO

OQ’s pipelines business will float its shares in MSX to raise between $700m and $800m.

06 September 2023

Brazil’s Petrobras plans to install 11 new offshore platforms by 2027

With the new projects, Petrobras’ total daily production is expected to reach 3.1 million barrels of oil equivalent per day in 2027.

06 September 2023

Western Midstream signs $885m deal to acquire Meritage Midstream

Western Midstream expects the acquisition to increase its total natural gas processing capacity to 440 million cubic feet per day.

06 September 2023

Enbridge signs $14bn deal to buy Dominion Energy’s gas companies

Enbridge is buying EOG, Questar and PSNC from Dominion Energy.

06 September 2023

Signal: Netherlands natural gas reserves expire in nine years, threatening jobs

The Netherlands has pledged to halt domestic gas production by 2030, which leaves questions about jobs as a successful industry shuts down.

06 September 2023

AI - a critical tool to achieve net-zero emissions target

Implementing AI in the energy sector will benefit resource management, failure prevention, and predictive analytics for renewables. The power industry is investing heavily in AI and ML to deliver the necessary solutions, such as sensor-connected power plants and smart grids to balance electricity supply and demand. Recent advancements in generative AI hold promise for elevating the existing AI framework within the energy sector.