Latest Stories

BP maps 1.5mn bpd ramp-up at Kirkuk fields

17 October 2026

BP is advancing a phased programme to lift output from four Kirkuk oil fields to as much as 1.5mn bpd, a North Oil Co.

Türkiye’s Osman Gazi sets sail to double Black Sea gas output

17 October 2026

Setting out from Filyos on October 17, Türkiye’s first FPU will process Sakarya field gas and supply one in three households from early 2027.

Ghana reports 30% rise in oil output amid $2bn investment drive

16 October 2026

Ghana’s crude oil production is recovering after six consecutive years of decline, as renewed drilling and longer petroleum licences attract investment into the West African country's offshore fields.

AFC eyes iron ore and uranium investments across Africa

16 October 2026

Africa Finance Corporation (AFC) is seeking new investments in iron ore and uranium as it expands its exposure to Africa's mining sector, with announcements possible within the next six to 12 months.

Nigeria breaks ground on 17.7MW Oyo mini-grid projects

16 October 2026

Five interconnected projects in Oyo State will combine solar, battery storage and local distribution infrastructure under the World Bank-backed DARES programme.

Colombia's Ecopetrol appoints Barreneche as compliance chief after García exit

16 October 2026

Colombian state-controlled oil producer Ecopetrol has appointed José Eduardo Barreneche Ávila as corporate compliance director, replacing Rodolfo Mario García after his employment ended by mutual agreement, the company said in an announcement

Colombia's Isagén plans $1bn renewable expansion as it sells older assets

16 October 2026

Colombian power generator Isagén plans to invest about $1bn to add roughly 800 megawatts of renewable capacity through five solar projects, partly financing the expansion by selling around 500 MW of existing hydroelectric and solar assets

Engie Chile brings Mejillones online as country's first coal-to-gas conversion

16 October 2026

Engie Chile has secured commercial operation for Infraestructura Energética Mejillones (IEM), the first coal-fired power unit in the country to be converted to natural gas.

Nigeria plans 750,000-meter rollout under presidential initiative in 2027

16 October 2026

NERC says the Presidential Metering Initiative will deploy 750,000 meters next year as about 4.7mn active electricity customers remain unmetered.

Uganda, South Sudan seek AfDB financing for Juba–Nimule road

16 October 2026

Uganda has proposed seeking African Development Bank financing to reconstruct South Sudan's Juba–Nimule highway, a key cross-border trade route, as both countries pursue closer infrastructure and energy cooperation.

Mozambique's sovereign wealth fund reaches $151mn as government channels LNG revenue into infrastructure

16 October 2026

Mozambique's sovereign wealth fund holds approximately $151mn in LNG revenues, with 60% of gas income allocated to the state budget and 40% saved for future generations.

Kyrgyzstan finishes its section of CASA-1000 Central Asia to South Asia power export link

16 October 2026

Kyrgyzstan says it has finished construction of its section of the CASA-1000 power transmission project, which is meant to carry Central Asian electricity to South Asia.

Azeri Light falls 3% to $124/b as gas output reaches 37.9 bcm

16 October 2026

The price of Azerbaijan's Azeri Light crude fell $3.73, or 2.91%, to $124.14 a barrel on the global market, according to a cited market source.

Iran to halt petrol imports for five months after price hike

16 October 2026

Iran will stop importing petrol for the five months to March 20 when the current Persian calendar year comes to an end, First Vice President Mohammad Reza Aref said.

Philippines think tank backs solar, batteries over coal in Visayas

16 October 2026

The Institute for Climate and Sustainable Cities (ICSC) has urged Philippine policymakers to favour battery storage, solar power and local energy sources over new coal-fired plants to stabilise the Visayas grid.

Kazakhstan analysts raise oil price forecasts and lower inflation outlook through 2028

16 October 2026

The Kazakh central bank's latest macroeconomic survey saw analysts raising their forecasts for Brent crude prices and lowering their inflation expectations for Kazakhstan through 2028, while projecting economic growth of 4.8% this year.