energynews

The Düsseldorf court has rejected Rosneft’s lawsuit against Shell’s sale of its stake in the Schwedt refinery, marking a key step in the restructuring of German energy assets.
Discussions between Singapore and Thailand on the second phase of the LTMS project are stalling, delaying regional interconnection in Southeast Asia. A disagreement persists regarding the amount of electricity to be guaranteed to cover transmission costs.

UK sanctions 22 oil and LNG tankers in the largest crackdown on the shadow fleet

The United Kingdom has blacklisted 22 oil tankers and LNG vessels, aiming to weaken Russian financial resources and reduce maritime pollution risks.
en_1140999910540
Petronas' exploration in Malaysia's exclusive economic zone in the South China Sea raises major geopolitical and economic issues, influencing bilateral relations and the regional energy market.
European Union leaders and Gulf countries meet in Brussels to prevent an escalation in the Middle East, addressing trade, energy, and regional stability.

The United States Strengthens Sanctions Against Iran for its Support of Terrorist Organizations and its Human Rights Violations

The United States intensifies sanctions against Iran, targeting its oil sector and international partners, in response to Iranian support for terrorist organizations such as Hezbollah, the Houthis, and Hamas, as well as the fundamental human rights violations committed by the Iranian regime.
en_1140660877540
The UK Maritime Trade Operations (UKMTO) reported that a ship was struck by an unidentified projectile in the Red Sea, near the Yemeni coast. The crew is safe and the attack occurs amid increased regional tensions.
The expiration of the gas transit agreement between Russia and Ukraine highlights the energy and economic challenges for the European Union, Russia, and Ukraine, exacerbating Europe's dependence on Russian gas and geopolitical tensions.

Turkey Launches Hydrocarbon Exploration Mission in Somalia

The Turkish mission to explore hydrocarbons in Somalia strengthens Turkey's energy and geopolitical strategy while offering significant economic prospects for Somalia.
en_1140770732540
The Ukrainian army claims to have struck the main oil terminal in Crimea, causing a fire. This attack is part of a series of actions aimed at disrupting the logistics of Russian forces controlling part of Ukraine.
The authorities in eastern Libya announced the lifting of the force majeure on oil sites. This decision marks the end of a blockade imposed in August, linked to a crisis surrounding the Central Bank, allowing for the resumption of energy exports.

Gabon and Equatorial Guinea dispute sovereignty over oil-rich islets before the ICJ

Gabon has filed a request before the International Court of Justice (ICJ) to assert its sovereignty over three oil-rich islets, contested by Equatorial Guinea, marking a new stage in their long-standing territorial dispute.
en_1140590962540
The ports of Hodeidah and Ras Isa in Yemen have been hit by Israeli airstrikes, disrupting regional maritime transport and exacerbating geopolitical tensions in a key area for global oil supply.
Gabon and Equatorial Guinea have been at odds over three islets since the 1970s. The International Court of Justice (ICJ) has been called upon to determine the applicable legal documents in this high-stakes dispute with major economic and strategic implications.

COP29: Azerbaijan Leads Negotiations to Turn the Emirati Consensus into Concrete Climate Actions

The presidency of COP29 in Baku, led by Azerbaijan, is focused on transforming the commitments made during COP28 into actionable goals, with a strong emphasis on climate finance, energy transition, and multilateral cooperation to strengthen global decarbonization.
en_1140301003540
JETP, a G7-backed initiative, promises to finance the energy transition of developing nations. However, financing delays and structural obstacles are holding back the achievement of climate goals in countries such as South Africa, Indonesia, Vietnam and Senegal.
Multilateral banks and the UN are stepping up their efforts to mobilize long-term financing, with the aim of closing the Sustainable Development Goals (SDGs) gap by 2030.

G20 adopts energy innovation guide for emerging economies

The G20 approves an IEA guide to support energy innovation in emerging economies, by proposing policies adapted to energy transitions.
TEMPLATE ENERGYNEWS(480)
BlackRock's acquisition of a 20% stake in Naturgy, a key energy company in Spain, raises crucial issues about the energy transition and the concentration of foreign ownership in strategic sectors. This dynamic deserves particular attention.
The interdependence between the Western and Russian nuclear industries raises major concerns, especially in the context of economic sanctions. This report highlights the challenges and costs involved in reducing this dependence, prompting further reflection.