As Mozambique joins the world’s liquefied natural gas exporters with its first shipment to Europe, it’s also scaling renewable power projects to manage a regional power deficit. Maputo, Mozambique | BIRD STORY AGENCY | Last month, Mozambique’s National Petroleum Institute, INP, announced plans to begin exporting LNG gas to Europe …
Read More »Sweden braces for ‘grim winter’, warns finance minister
Stockholm, Sweden | Xinhua | Sweden’s economy is heading for a “grim winter,” the country’s government said here on Monday. “We don’t know yet how cold and grim it will be,” Finance Minister Elisabeth Svantesson said at a press conference here. The government expects Sweden’s gross domestic product (GDP) to …
Read More »Zambia, Namibia sign natural gas pipeline construction deal
Lusaka, Zambia | Xinhua | Zambia and Namibia have signed a memorandum of understanding on the construction of a natural gas pipeline project, a Zambian senior official said Friday. The deal was signed on Thursday on the sidelines of the 10th session of the Joint Permanent Commission of Cooperation between …
Read More »Sweden cordons Nord Stream leak area for investigations
Stockholm, Sweden | Xinhua | Swedish Prosecution Authority said on Monday that an area around the Nord Stream leaks in the Swedish exclusive economic zone (EEZ) of the Baltic Sea has been cordoned off in order to conduct a criminal investigation. According to a press release from the Swedish Prosecution …
Read More »Interview: EU faces difficult energy structural readjustment as Russian supply decreases
Beijing, China | Xinhua | After losing reliable and more affordable supplies from Russia, the European Union (EU) is facing a very difficult energy sector structural readjustment and may slip into economic recession this winter or next spring, a Chinese scholar on European studies has said. “If there were no …
Read More »What next after the anti EU petition on oil gets 7,000 signitures?
Kampala, Uganda | THE INDEPENDENT | The debate on Uganda’s Oil industry by the European Union Parliament and a subsequent resolution condemning the crude pipeline continues to draw mixed reaction across the country. An online petition to counter the EU legislator’s resolution garnered the intended 7000 signatures in three days …
Read More »Swedish agency warns of major risks with winter’s electricity shortage
Stockholm, Sweden | Xinhua | Patients on life-sustaining medical equipment may be in danger this winter as there is a possibility of power cuts in Sweden due to the energy crunch, according to a government agency on Sunday. “There is always a risk for people who need life-sustaining machines or …
Read More »ENI CEO: Italy can get through winter without Russian gas
Rome, Italy | XINHUA | The head of Eni, Italy’s largest oil and gas company said he thought his country would be able to make it through the upcoming winter without major problems despite Russia’s decision to cut off gas supplies, Italian media reported on Thursday. Based on increased gas …
Read More »South Sudan pushes for lifting sanctions on oil, gas sector
Juba, South Sudan | Xinhua | South Sudan’s oil and gas sector is being crippled by years of sanctions imposed by the Security Council following the outbreak of armed conflict in the country in 2013, experts said on Tuesday. Puot Kang Chol, Minister of Petroleum, said that the sanctions are curtailing …
Read More »Europe faces bitter winter without Russian gas
Munich, Germany | Xinhua | Europe is heading toward a bitter winter as a new disruption of natural gas from Russia aggravates its energy crunch and cost of living crisis. Russia’s largest gas producer Gazprom announced Friday it had stopped gas supplies via the Nord Stream I pipeline for an …
Read More »