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African fuel importers face tighter Asian supply as China halts October exports, Brent tops $100
African fuel importers face tighter supply after Chinese refiners suspended oil product exports for October and Brent crude rose back above $100 a barrel
Moldova bets on wind, batteries and new power lines to halve its import dependence
Moldova has lifted renewables from 3% to about 30% of its electricity consumption in five years and now plans a wind, battery and grid build-out to halve its dependence on energy imports by 2050.
Namibia’s Custos to transfer PEL 90 stake to Chevron affiliate in $11mn deal
Custos Energy is transferring its 10% participating interest in Namibia’s PEL 90 offshore licence to Chevron affiliate Harmattan Energy in an $11mn deal while retaining exposure to future upside.
Rwanda outlines financing plan for first small modular nuclear reactor
Rwanda is moving its nuclear programme towards the financing stage, with a new roadmap proposing sovereign, multilateral and PPP structures for a planned small modular reactor, although no funding has been secured.
Aliko Dangote, Africa’s richest man, sets out $50bn multi-sector, continent-wide expansion plan
Nigerian industrialist Aliko Dangote plans to invest about $50bn across Africa by 2030, extending a capital-intensive expansion that is pushing his conglomerate further into refining, fertiliser, cement, energy and infrastructure.
AEC backs Dangote’s planned Kenya refinery amid land court dispute
The African Energy Chamber (AEC) has backed Aliko Dangote’s planned 700,000-barrel-per-day (bpd) refinery in Lamu, Kenya, after a court order temporarily restricted activities on land earmarked for the project.
Russia proposes higher fuel price benchmarks for damper subsidy
Russia’s government wants to raise the fuel price benchmarks that decide whether oil companies qualify for the damper, the budget subsidy that keeps petrol and diesel cheaper at home than abroad.
Canada’s energy regulator approves Trans Mountain tolls settlement
The Canada Energy Regulator announced this week that it had approved the tolls settlement for the Trans Mountain oil pipeline system.
Kenya’s nuclear power project faces East African Court challenge over environmental concerns
Kenya’s proposed nuclear power project in Bondo, Siaya County, has been challenged at the East African Court of Justice, with a petitioner seeking a review of the site’s suitability and a transboundary environmental assessment.
BP reported to have explored acquisition of Devon assets before backing away
BP reportedly explored a potential acquisition of Devon Energy’s Eagle Ford shale assets in South Texas but ultimately decided not to proceed.
After financing doubts last year, Tajikistan’s Rogun is on rise again
Critics cry foul after World Bank OKs $300mn.
Beijing-based AIIB, Uzbekistan agree $5bn pipeline of potential 2026-2029 infrastructure investments
Projects include support for preparation of proposed resilient electricity transmission initiative.
US reaffirms Guyana support as ruling approaches in Essequibo territorial dispute
The United States has reaffirmed its support for Guyana’s “territorial integrity” as an ICJ ruling on Venezuela’s claim to the oil-rich Essequibo region approaches, despite the sharp improvement in Washington-Caracas relations.
Rwanda activates Kenya fuel-import framework with first 40,000-tonne Mombasa cargo
Rwanda has begun importing fuel through Kenya under a new state-backed framework, adding Mombasa to its existing Tanga route and expanding procurement flexibility.
North Macedonia reconsiders state-led model for €1.5bn Čebren HPP
North Macedonia is considering building the long-delayed Čebren and Galishte hydropower project without a private partner after 14 unsuccessful tenders.
Kenya court order adds land hurdle to $16bn Dangote refinery launch
A Kenyan court has ordered parties to maintain the status quo on disputed land earmarked for Dangote’s $15bn-$16bn Lamu refinery ahead of the September 30 groundbreaking.
Nigeria’s Dangote named African Energy Person of the Year as refinery expansion gathers pace
The award comes as Dangote Petroleum Refinery advances a $14.3bn expansion that would double capacity to 1.4mn bpd and pursues new refining and fuel-distribution projects in Kenya and elsewhere in Africa.
Iran's crude exports slump to 0.5mn b/d as China cuts imports
Iran's crude exports fell to about 0.5mn b/d in July and August from 2.6mn b/d in January as China cut seaborne imports and Iranian tankers held tens of millions of barrels in floating storage.
Romania's OMV Petrom and Romgaz confirm Neptun Deep first gas for H1 2027
OMV Petrom and Romgaz have confirmed that the Neptun Deep offshore gas project remains on schedule, with first natural gas expected in the first half of 2027 and a plateau production of 8 bcm per year targeted for the third quarter.
Serbia expects extension of Russian gas supply deal
Serbia expects its gas supply arrangement with Russia to be extended beyond September 30, Aleksandar Vucic said after a phone call with Russian President Vladimir Putin.
Chips need current as AI pushes Thailand, Southeast Asia toward small reactors
Bangkok has included two SMRs, with combined capacity of 600MW towards the end of its draft Power Development Plan 2026, marking a significant shift for a country that has discussed nuclear power for decades without building a commercial reactor.
Morocco puts African Atlantic Gas Pipeline into UN financing pitch as Q4 FID target looms
Morocco is pushing the $25bn African Atlantic Gas Pipeline into multilateral and private financing channels as construction funding remains unresolved and a Q4 2026 FID target approaches.
Gas-tastrophe! Global energy chiefs drill for more while their own seeps away
The global gas industry is spending billions of dollars drilling new fields, constructing LNG terminals and securing supply routes while allowing huge quantities of the commodity it already produces to leak, vent or burn into the atmosphere.
Southeast Asia ramps up LNG import capacity
Southeast Asia is leaning into LNG use despite the risk of external shocks a new report revealed.
South Korea’s Samsung Heavy Industries and GasEntec ink MoU to develop small-scale LNG
South Korean shipbuilder and maritime engineering firm Samsung Heavy Industries and South Korean engineering firm GasEntec have signed a Memorandum of Understanding for GasEntec to license SHI’s Samsung Enhanced Nitrogen Split Expansion.
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