Latest Stories
Slovak energy consumption rose by 2.5% y/y in 2025
Turkey, Saudi Arabia, Jordan and Syria discuss electricity interconnection project
Turkey is holding talks with Saudi Arabia, Jordan and Syria on a major four-way electricity interconnection project, Turkish Energy and Natural Resources Minister Alparslan Bayraktar said on October 13.
Star Energy completes sale of Croatian geothermal subsidiary to Enna Geo
UK-based Star Energy Group has completed the sale of its Croatian subsidiary IGeoPen to local energy company Enna Geo, allowing it to reduce debt and eliminate future investment commitments in Croatia.
Engie Chile starts commercial operation of 142 MW Lile battery storage system
Engie Chile has started commercial operation of BESS Lile, a battery energy storage system with 142MW of power and 802MWh of capacity, at its Mejillones Energy Complex in the Antofagasta region.
Saudi Aramco HQ hit by Houthi attack as war escalates
Riyadh has chosen to neglect diplomacy with Yemen’s Houthi militia in favour of a military intervention after it seized Yemen’s Red Sea coastline.
Uzbekistan strikes high-pressure gas flow at new Ustyurt well
Uzbekistan’s state-owned Uzbekneftegaz has recorded a high-pressure natural gas flow at a newly drilled well in northwestern Uzbekistan, with initial tests indicating a daily output of up to 500,000 cubic metres.
African Energy Bank to finance gas projects from early 2027
The Africa Energy Bank will begin financing projects in early 2027 after becoming operational within weeks, Farid Ghezali, secretary-general of the African Petroleum Producers Organization, said at African Energy Week 2026 in Cape Town.
Bannerman Energy spends $26mn on local procurement at Namibia uranium project
Australian uranium developer Bannerman Energy (ASX: BMN, NSX: BMN) spent more than NAD428.2mn (about $26mn) on local procurement and contractor services in Namibia during its 2026 financial year.
US considers more strategic financing for Argentinian oil and gas projects
The US is considering expanding financing for oil and gas, mining and infrastructure projects in Argentina beyond the $7bn framework announced by its Ex-Im Bank in September, while also exploring the use of strategic funds from the Pentagon.
Trump seeks control of Iranian oil resources, Iran’s presidential aide says
A senior aide to Iran’s president accused US President Donald Trump of attempts to seize control of Iran’s oil resources, comparing his ambitions to Washington’s actions in Venezuela.
Iran orders fresh social impact study of Sohrab oilfield near sensitive wetland
Iran’s environmental watchdog has ordered a new social impact study of the Sohrab oilfield in the southwestern province of Khuzestan, saying existing assessments lack sufficient information to determine the project’s effects on communities.
Nigeria’s Dangote refinery earns $2.9bn in third quarter, outstripping entire first half
Nigeria’s Dangote refinery made a $4.73bn net profit in January–September, with the third quarter alone topping the first half, as its $1.6bn IPO was extended to October 27.
Iraq's Basrah Medium crude rises 33% to $108.93 a barrel in September
Iraq's Basrah Medium crude averaged $108.93 per barrel in September 2026, rising 32.8% from $82.04 in August.
Elsewedy Electric, Sinohydro sign $2.2bn contract for Rabigh 2 power plant expansion in Saudi Arabia
Botala Energy reports rising gas flows in Botswana, still below appraisal benchmark
Botala Energy (ASX: BTE; BSE: BTE) has reported increased gas flows at its Pitse Pilot 3.5B well in Botswana, although production remains below the company’s sustained appraisal benchmark and commercial viability has yet to be demonstrated.
Nigerian minister defends petrol discount initiative
Nigeria’s Minister of Information, Mohammed Idris, has revealed his support for the Nigerian National Petroleum Co. Ltd.’s (NNPCL) 30-day petrol discount initiative.
Brazil deploys 11 aircraft to fight Amazon wildfires
Australia introduces gas reservation bill despite warnings
Australia's gas reservation plan aims to protect domestic consumers but risks discouraging investment and unsettling Asian LNG buyers.
Southeast Asia's LNG demand growth threatened by high prices and shift to renewables
High LNG prices, equipment shortages and renewable energy competition threaten Southeast Asia's gas-fired power ambitions and future LNG demand growth.
Conrad advances Indonesia's Mako gas project towards 2027 start-up
Conrad Asia Energy has completed several key development milestones at its Mako gas project offshore Indonesia, including the arrival of a production unit for conversion, the commissioning of a gas pipeline and the activation of a long-term
Nigeria’s NNPCL aims for increased crude production
The Nigerian National Petroleum Co. Ltd. (NNPCL) has said that it is aiming to produce 2mn barrels of crude oil per day (bpd) by 2030 and 12bn standard cubic feet of natural gas per day by 2030.
Oman overtakes US as India's largest LNG supplier amid Hormuz disruption
Oman overtook the US as India's largest supplies of LNG in September, as disruption to shipments through the Strait of Hormuz continued to reshape the country's import arrangements.
Zimbabwe’s $650mn Kariba solar project moves closer to implementation
Zimbabwe's $650mn Kariba solar power project is advancing towards implementation after completing key technical and regulatory preparations, as the country seeks to boost electricity supply and reduce dependence on imports.
Indonesia's gas shortages threaten $720mn ceramic industry investment
Indonesia's ceramic industry is facing mounting production disruptions and the potential postponement of IDR12 trillion in investment as restrictions on natural gas supplies drive up costs and threaten thousands of jobs.
Follow us online