News From ShrutiSuresh

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  SOCAR Turkey aims for acquisition in natural gas distribution

  Chief External Affairs Officer Murat LeCompte said that the company had also completed the feasibility assessment for a investment in a second petrochemical facility.

• Group led by EDP Renewables to invest in floating wind farm

  

• Czech nuclear expansion needs to respect CEZ shareholders: minister

  

• Bosnian government to help keep Aluminij smelter on power grid

  

• Russia and Uzbekistan launch work on nuclear power plant

  

• China’s State Power in talks for Brazil hydro, thermal plants: source

  

• STAR oil refinery to reduce Turkey depence on imports, says Erdogan

  

• Exxon Mobil signs agreement to supply LNG to Zhejiang Energy for 20 years

  

• Bangladesh, ENOC agree to feasibility study for LPG terminal

  

More from ShrutiSuresh

• New Pakistani govt seeks to renegotiate LNG terminal deals

  Petroleum Minister Ghulam Sarwar Khan said the government of ousted premier Nawaz Sharif agreed to pay too much to Pakistan’s Engro Corp Ltd for at least one of the terminals

  

• BB Energy raises $245 million revolving credit facility

  The company last year traded about 20 million tonnes of crude oil, petroleum products and gas

  

• Chinese region’s gas shortage awakens LNG demand spike prospects

  The 2018 shortfall equates to 1.4 million tonnes of LNG, which China is importing at exponential rates

  

• U.S. energy exports to China plummet as Trump trade war bites

  China’s imports of U.S. crude oil, liquefied natural gas (LNG) and coal have slowed to a trickle amid the escalating tit-for-tat tariff war

  

• China’s State Power considering bids for Brazilian hydro power plants

  One of the hydroelectric dams is Usina Tres Irmaos, 800 MW dam in Sao Paulo state, controlled by Brazil’s infrastructure group TPI- Triunfo Participacoes e Investimentos SA

  

• UK should bring forward new petrol and diesel car ban to 2032 – lawmakers

  Britain hopes to become a world leader in electric vehicle technology and currently plans to ban the sale of new petrol and diesel cars and vans from 2040 as a part of efforts to meet its climate targets.

  

• COLUMN-Oil prices ease as supply outlook improves: Kemp

  Iran’s exports have not declined as much as predicted a couple of months ago and it is now clear they will not fall to zero, even after U.S. sanctions are re-imposed next month.

  

• Oil prices edge up, but set for weekly loss on stock build, trade row

  Front-month London Brent crude for December delivery was up 34 cents, or 0.4 percent, at $79.63 a barrel.

  

• ABB explores options to sell Power Grids business: Sources

  ABB is examining various options for Power Grids, its second-largest but lowest-margin business, three sources said, with a decision likely by early next year

  

• China’s Hengli to launch several refining facilities in Oct-Nov

  That includes a crude oil berth with 300,000 tonnes capacity, three refined oil berths, a sewage treatment plant and three electricity transformer substations

  

• Musk to purchase Tesla stock worth $20 million

  The news comes weeks after Tesla and Musk agreed to pay $20 million each as fine as part of a settlement with the US Securities and Exchange Commission

  

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