Latest Stories

Three Iranian towns meet all power needs with green energy

13 October 2026

Three towns in Semnan province in northern-central Iran have become the country’s first areas to meet all their electricity needs with solar power, with surplus generation being fed into the national grid.

Zimbabwe urged to remove financing barriers to unlock $9.13bn energy investment

13 October 2026

Zimbabwe must resolve currency risks, utility debt and other structural barriers preventing energy projects from securing financing if it is to mobilise $9.13bn needed to expand electricity generation and achieve universal access by 2030.

Malawi intensifies crackdown on illegal fuel trading as forex shortages deepen supply crisis

13 October 2026

Malawi has intensified nationwide enforcement against illegal fuel traders and hoarders as persistent foreign currency shortages disrupt petroleum imports, leaving motorists facing lengthy queues and businesses struggling to secure supplies.

Argentina grants Phoenix 35-year concession to develop Vaca Muerta oil and gas fields

13 October 2026

Argentina’s Rio Negro province has granted Phoenix Global Resources a 35-year concession to develop the Confluencia Norte and Confluencia Sur areas in the Vaca Muerta shale formation, with the company planning an initial investment of $494.4mn.

Borders & Southern raises $2.7mn to advance Falklands gas condensate discovery

13 October 2026

London-listed oil and gas explorer Borders & Southern Petroleum (LSE: BOR) has raised GBP2mn ($2.7mn) through a share placement to fund further technical and commercial work on its Darwin gas condensate discovery offshore the Falkland Islands.

QatarEnergy launches pavilion at World Petroleum Congress, showcasing LNG feats

13 October 2026

QatarEnergy has launched its pavilion at the World Petroleum Congress in Riyadh, showcasing Doha’s multi-billion-dollar global gas expansion.

Argentina approves third Vaca Muerta oil project under investment incentive scheme

13 October 2026

Argentina has approved Tecpetrol’s Los Toldos II Este oil project for its incentive regime for large investments (RIGI), making it the third onshore oil development to qualify since the rules were amended to include upstream projects.

African Farmout Forum showcases oil and gas investment opportunities at AEW 2026 in Cape Town

13 October 2026

The African Farmout Forum has brought together a programme of 23 farmout presentations at African Energy Week (AEW 2026) in Cape Town.

Dangote refinery extends $1.6bn Nigeria IPO to October 27 amid strong demand

13 October 2026

Dangote Petroleum Refinery extends its $1.6bn Nigerian IPO to October 27, targeting expansion to 1.4mn bpd as retail demand grows.

Iran ships 5.14mn tonnes of oil products through key southern port

13 October 2026

Iran exported 5.14mn tonnes of petroleum derivatives through Shahid Rajaee port in the southern city of Bandar Abbas in the six months to September 22, with shipments continuing despite military tensions and US sanctions.

Shell and Chevron seek Ghana offshore drilling deals as oil production declines

13 October 2026

Shell (LSE: SHEL; NYSE: SHEL) and Chevron (NYSE: CVX) are negotiating exploration and production rights for an offshore block in Ghana after signing a non-binding preliminary agreement

QatarEnergy’s expansion will see liquefaction train come online in November

13 October 2026

World’s largest LNG expansion to take key step forward with first of four liquefaction units to be ready for operations.

Ghana's $3.5bn oil investment drive advances amid six-year production decline

13 October 2026

Ghana advances $3.5bn in oil investment plans as Tullow and Eni expand drilling and gas infrastructure amid declining output and investor concerns.

Moldova seeks cheaper gas through long-term supply contracts with Ukraine

13 October 2026

Moldova plans to discuss long-term natural gas supply contracts with Ukraine in a bid to secure lower prices and reduce transportation costs.

Indonesia's Indo Tambangraya spends $438,133 on coal drilling

13 October 2026

Indonesian coal miner PT Indo Tambangraya Megah (IDX: ITMG) spent a combined IDR7.86bn (about $438,133) on drilling at four subsidiaries between July and September

India's Power Grid buys two renewable transmission firms

13 October 2026

Power Grid Corporation of India has taken over two project companies set up to build inter-state transmission links in western India

Adani copper unit in India to add 115-MW renewable power

13 October 2026

Kutch Copper, a unit of Adani Enterprises (NSE: ADANIENT), plans to bring 115 megawatts of renewable power into its copper refinery at Mundra in the western Indian state of Gujarat.

Bangladesh's Rooppur nuclear reactor achieves criticality milestone

13 October 2026

The first unit of Bangladesh's Rooppur nuclear power plant has achieved criticality.

India's Azad Engineering wins BHEL gas turbine airfoil deal

13 October 2026

Indian precision engineering company Azad Engineering (NSE: AZAD) has secured a two-year rate contract from Bharat Heavy Electricals Ltd (NSE: BHEL) to supply stationary and rotating airfoils for heavy-duty gas turbines.

India's fuel exports offset 30% of oil import bill

13 October 2026

India's petroleum product exports covered around 30% of its oil and gas import bill between June and August 2026, trimming dollar outflows as crude prices and shipping costs climb.

Colombia proposes speeding up energy licensing

13 October 2026

Colombia’s government has proposed letting environmental licence reviews run alongside prior consultation with ethnic communities, a draft decree Interior Minister Rodrigo Lara said could speed projects such as the Sirius gas discovery

Pakistan urges refiners to consider Libyan crude imports

13 October 2026

Pakistan has urged its refiners to look at buying crude oil from Libya as it tries to widen its sources of supply during the Middle East crisis, Pakistani Petroleum Minister Ali Pervaiz Malik said.

Pakistan's PQEPC resists one-year limit on coal supply deals

13 October 2026

Port Qasim Electric Power Company (PQEPC), operator of a 1,320MW coal-fired power complex in Pakistan, has opposed a proposal to limit coal supply contracts to one year.

Philippines considers nuclear power to meet AI energy demand

13 October 2026

The Philippines is seriously weighing nuclear power as part of its energy mix as it seeks to attract data centres and other industries that would push up electricity demand, President Ferdinand Marcos Jr said.