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Rwanda steps up nuclear ambitions with Russia-backed SMR cooperation agreement

Rwanda and Russia have signed a roadmap on small modular reactors and civilian nuclear cooperation as Kigali targets commissioning its first SMR in the early 2030s.

BP hands operatorship of Azerbaijan's BTC oil pipeline to SOCAR

British energy major BP has officially transferred the operatorship of the Baku-Tbilisi-Ceyhan (BTC) oil export pipeline to Azerbaijan’s state oil firm SOCAR, the joint venture company BTC Co announced on July 1.

Russia turns to Indian gasoline imports as fuel shortages deepen after refinery attacks

Russia has begun importing gasoline by sea from India to ease fuel shortages caused by repeated Ukrainian drone strikes on its refining infrastructure.

Japan’s JERA creates LNG trading arm

Japan’s largest power producer JERA has established JERA Global Energy Solutions, which will manage the company’s LNG, upstream, lower-carbon fuels and shipping portfolio.

Heirs Energies JV launches digital operations centre for Nigeria’s OML 17

Nigeria’s Heirs Energies OML 17 Joint Venture (JV) has launched an Integrated Operations Monitoring Centre (IOMC), a digital control centre developed with Redtech, the technology arm of Heirs Holdings.

Italy’s Eni and UAE’s XRG acquire upstream assets of Argentina LNG

Italian energy firm and United Arab Emirates’ energy company XRG have acquired stakes in the upstream assets of Argentina LNG.

Turkey's Karpowership starts building new Sea Lion class powerships

Turkey's Karpowership has started building its new 300 MW Sea Lion class floating power plants in South Korea, with delivery due in 2028. Find out how the vessels expand the company's 8,000 MW global fleet and where they could deploy.

TCHAKAROV: New shade of success? Think Uzbek green!

The government's objective of lifting clean energy to more than half of installed capacity by 2030 looks increasingly realistic.

Latin America confronts uneven methane challenges as new analysis maps cost‑effective fixes

Mexico, US and Canada to hold virtual talks on USMCA review

Mexican President Claudia Sheinbaum said the United States and Canada will hold a virtual meeting to review the United States-Mexico-Canada Agreement (USMCA) on July 1. The Mexican government seeks to secure a 16-year extension.

Iran chief negotiator says oil exports top 40mn barrels after US peace deal

Iran has exported more than 40mn barrels of crude oil since the United States lifted its naval blockade on Iranian ports under a temporary peace agreement signed on June 17, Iranian chief negotiator Mohammad Baqer Ghalibaf said.

Heat mortality surges in Europe – Statista

Heat-related mortality in Europe has surged over the last couple of decades. This is according to the latest available data published by the Lancet Countdown 2025 Report, Statista reports.

African Energy Chamber calls for greater funding support for young energy entrepreneurs

The African Energy Chamber (AEC) has called for stronger financial support for young entrepreneurs to help expand energy access across Africa after taking part in the Powering Possibility forum in Johannesburg, South Africa.

Kabul fuel prices surge as petrol rises nearly 14%

Fuel prices have risen sharply in Kabul in recent days, with the price of petrol increasing from AFN66 ($1.03) to AFN75 per litre, a rise of nearly 14%.

Europe braces for Super El Niño as scientists warn extreme weather could intensify

Europe is enduring its most intense early summer heatwave on record, with temperatures exceeding 40°C in several countries and breaking local June records across southern and western Europe. Next up is a super El Nino that is appearning now.

Iran could regain four key Asian oil markets if US sanctions lifted

Iran could once again rely on four major Asian markets, China, India, Japan and South Korea, for its crude oil exports if banking sanctions are lifted, a former senior official at the National Iranian Oil Co. (NIOC) said.

COMMENT: Ukraine may take the war to Russian LNG

An attack on Yamal LNG would be a market-shaking scenario, particularly for Europe.

Sub-Saharan Africa's green transition could create up to 84.5mn jobs by 2050, report says

Africa's green transition is expected to be driven by decentralised, service-based industries such as clean cooking, off-grid solar, waste recycling and electric mobility.

India turns to global alliances to accelerate wind power growth

The government of India is of the view that wind energy will also play a vital role in the country's energy transition plan, according to a note published in mid-June.

Stonepeak sells $2.5 billion in private bonds for financing Louisiana LNG

US investment firm Stonepeak has refinanced a loan to fund the construction of Louisiana LNG.

Vitol signs 20-year LNG supply deal with UAE’s International Resources Holding

Energy and commodities trader Vitol has signed a 20-year LNG supply agreement with International Resources Holding.

Aramco resumes loadings at Ras Tanura

Saudi Aramco has resumed crude exports from its Ras Tanura terminal following a four-month blockade, intensifying market competition despite ongoing geopolitical risks across the region

Kuwait, Bahrain confirm Iranian strikes as building damaged

Kuwait and Bahrain have confirmed they were targeted by Iranian missiles and drones, with a building damaged in Bahrain, after Iran struck US bases in the two Gulf states in retaliation for US strikes on Iranian territory.

Iraq presses Iran to reopen Strait of Hormuz as crude exports take hit

Any interference in the Strait of Hormuz will only delay its reopening, Iran's foreign minister Abbas Araghchi says in Baghdad, as Iraq offers to host a regional security summit including Iran and the Gulf states.

China readies second LNG import terminal for cargoes from Russia’s Arctic LNG 2 plant

New terminal will join Beihai terminal, which has imported 41 cargoes since August 2025.