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ARC closes $1.2bn acquisition as Strathcona exits Montney
Canada’s ARC Resources has completed its acquisition of Montney shale assets in the Kakwa region of Alberta from Strathcona Resources.
Supreme Court to decide on where Line 5 case should be heard
The Supreme Court this week has agreed to hear whether a lawsuit over Enbridge’s Line 5 pipeline belongs in federal or state court.
Nigeria: Former NNPCL CFO speaks out against allegations of arrest
Umar Ajiya Isa, former chief finance officer (CFO) of the Nigerian National Petroleum Co. Ltd. (NNPCL) has denied reports that he was arrested by the Economic and Financial Crimes Commission (EFCC) for allegedly committing fraud worth $7.2bn.
Private jets emitted more climate pollution than all Heathrow Airport flights in 2023
A new analysis from the International Council on Clean Transportation reveals that emissions from private jets reached up to 19.5mn tonnes of greenhouse gases in 2023 – marking a 25% rise over the past 10 years.
Argentina to appeal against US court order to surrender its controlling stake in YPF
A US court has ordered Argentina to surrender its 51% controlling stake in national oil company YPF as partial compensation for its controversial 2012 nationalisation of the energy giant.
TotalEnergies expands in Suriname, seeks to sell off Argentine shale assets
France's TotalEnergies has expanded its presence in Suriname's offshore oil sector through the acquisition of a 25% stake in Block 53, while it is seeking to sell oil assets in Argentina's Vaca Muerta shale play.
Fuel tanker explosion in Jebrin, Syria, kills seven, injures many
A devastating explosion rocked the town of Jebrin in the Hama countryside, central Syria, on July 2 after a fuel tanker caught fire.
Trump says US may ease Iran sanctions
US President Donald Trump has said that he may support the easing of sanctions on Iran to help the country rebuild following its war with Israel over nuclear weapons development.
Kosmos Energy and partners start commercial operations at Mauritania-Senegal GTA LNG project
US-based oil and gas exploration and production (E&P) company Kosmos Energy has announced the start of commercial operations at the Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project offshore Mauritania and Senegal.
Slovak opposition accuses government of siding with Hungary in ending Gabčíkovo-Nagymaros dispute
Slovak opposition parties accused the left-right cabinet of Prime Minister Robert Fico of securing favourable terms for Hungary by bringing the long-standing Gabčíkovo-Nagymaros hydroelectric power plant System dispute to an end.
Short-term forecast for global offshore wind downgraded, says industry report
The Global Wind Energy Council has downgraded its short-term forecast by 24% for 2025-2029 compared with its prediction last year.
Equinor, partners greenlight $1.23bn Sverdrup expansion in Norway
Norway’s Equinor and its partners have approved a NOK13bn ($1.23bn) investment to expand the Johan Sverdrup oilfield in the North Sea, in a move that is expected to add up to 50mn barrels of oil equivalent (boe) in recoverable reserves.
US court orders Argentina to surrender controlling stake in YPF
A US court has ordered Argentina to surrender its 51% controlling stake in national oil company YPF as partial compensation for its controversial 2012 nationalisation of the energy giant.
South Africa’s power utility Eskom seeking ways to support Bitcoin mining, energy-intensive technologies
South Africa’s state-owned power utility Eskom is exploring opportunities to support Bitcoin mining, artificial intelligence (AI) development, and data centres to help its future growth, according to Dan Marokane, group CEO.
Spain's grid operator rejects blame for Iberian blackout, France shuts down NPP as Mediterranean waters too hot to cool reactors
Spain’s electricity grid operator Redeia has defended the company’s handling of the Iberian blackout in April caused by extreme weather conditions, but now France’s biggest utility company was forced to shut down reactors on June 30.
Poland ends the last of Russian oil imports
Poland’s largest energy company, state-owned Orlen, has ended its last contract for Russian crude oil and halted these imports, declaring finally that it has “freed the region from Russian crude oil”.
ADNOC Drilling signs another deal to support offshore expansion
ADNOC Drilling has secured a contract worth up to $800mn from ADNOC Offshore to support offshore expansion
OGT 2025 – 30 years of energy leadership
Official registration is now open for the 30th Anniversary International Conference and Exhibition “Oil and Gas of Turkmenistan – 2025” (OGT 2025), which will take place from October 22 to 24, 2025, in Ashgabat.
US lifts sanctions related to Paks nuclear plant upgrade
The expansion of the Paks II nuclear power plant could now gain "new momentum" following Washington's decision to lift sanctions related to the project.
COMMENT: Critical minerals pose new test for global energy security
As the world’s energy system transforms at unprecedented speed, so too must our understanding of energy security. While governments continue to focus on securing supplies of traditional fuels, new critical mineral vulnerabilities are emerging.
China’s LNG imports slump for eighth month
China’s LNG imports have fallen on a year-on-year basis for the eighth consecutive month.
Iraq holds talks with Excelerate Energy on buying first LNG from US
Iraq is in the final stages of negotiating its first-ever purchase of LNG supplies as power outages hamper the Middle East country.
Europe swelters in historic heatwave
Record-breaking temperatures for the time of year are likely to occur across a large part of western Europe in the coming days as a historically unprecedented heatwave intensifies.
Russia once more weighs ban on gasoline exports
Russian authorities are weighing the reintroduction of a full ban on gasoline exports through to the end of October, amid tightening domestic supply linked to seasonal refinery maintenance and surging wholesale prices.
Russia’s switch to Murmansk after EU sanctions on LNG exports exposes fragile dependence on Western shipping – CREA
Russia’s attempt to reroute Arctic LNG exports through domestic waters following the European Union’s March 2025 transshipment ban has exposed a hidden vulnerability at the core of its energy strategy, Centre for Research on Energy and Clean Air.
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