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New gas shipments from Cameroon a relief for supply woes in Europe

Bloomberg A week ago, Cameroon was getting ready to jostle for space in a global liquefied natural gas market already crowded with new supplies from the US and Russia. Now the extra output couldn’t come at a better time. France’s Perenco SA and US-traded Golar LNG Ltd. will start shipments from their $1.2 billion LNG project off Cameroon in February, ...

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Brazil’s largest wind firm aims to dominate solar

Bloomberg Brazil’s biggest wind company has set its sights on dominating the country’s nascent solar market. CPFL Energias Renovaveis SA has 1 megawatt of solar power in operation now, a pilot project in Sao Paulo State, but has plans to build another 450 megawatts. That’s a lot in a country where there’s only 1,300 megawatts of solar panels running, compared ...

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Total, Eni, Novatek bag Lebanon’s first offshore rights

Bloomberg Lebanon granted its first offshore energy rights to a group comprising Total SA, Eni SpA and Novatek PJSC, joining a regional race to find and develop oil and natural gas wealth in the eastern Mediterranean after years of delay. The cabinet awarded two licenses in its first offshore bidding round, allowing the companies to jointly explore blocks 4 and ...

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