Latest Stories

Malawi signs grid connection deals for 125MW of planned thermal and solar power

12 October 2026

Malawi's Electricity Supply Corporation (ESCOM) has signed two transmission connection agreements covering 125 megawatts (MW) of planned thermal and solar generation capacity.

Arkle Resources confirms uranium mineralisation across 3km of Namibian paleochannel

12 October 2026

Arkle Resources (AIM: ARK) has confirmed near-surface uranium mineralisation in 12 drill holes spanning 2.9 kilometres of an ancient river channel at its Erongo project in Namibia.

Ukrenergo secures creditor backing for $825mn bond restructuring

12 October 2026

Ukraine’s state-owned electricity grid operator Ukrenergo has secured approval from holders of 97.49% of its outstanding Eurobonds to restructure $825mn in debt, with final settlement scheduled for October 14, 2026.

YPF-backed biofuel project secures long-term deal with France’s TotalEnergies

12 October 2026

An Argentine joint venture involving state-controlled oil company YPF has signed a long-term sales agreement with France’s TotalEnergies for sustainable aviation fuel and other renewable fuels to be produced at a planned biorefinery in San Lorenzo.

Trump’s Russian diesel deal deepens rift with Ukraine as refinery strikes continue

12 October 2026

President Trump’s agreement with Vladimir Putin to resume Russian diesel supplies to American and global markets has drawn sharp criticism from Ukraine and lawmakers in both US parties, while Kyiv has vowed to continue attacking Russian refineries.

QatarEnergy to launch LNG production at North Field East mega-project in Q1 of 2027

12 October 2026

QatarEnergy is targeting the first quarter of 2027 to commence LNG output from its North Field East mega-project.

Egypt cuts planned October LNG imports by 40% as electricity demand falls

12 October 2026

Egypt's EGAS reduces planned October LNG imports to 12 cargoes as cooler weather eases electricity demand, despite persistent gas supply shortages.

Gabon replaces energy and industry ministers but retains finance, oil and mining chiefs

12 October 2026

Gabon's president replaced his energy, industry and public works ministers in a cabinet reshuffle amid growing pressure on the government to improve electricity and water supplies.

Italian-led consortium wins five-year services contract for Angola's Greater PAJ oil development

12 October 2026

Progeco will oversee engineering and commissioning at Azule Energy's $5.1bn Greater PAJ oil development in Angola, with first production targeted for 2029.

ExxonMobil reportedly blocks settlement over Kazakhstan’s $5.07bn Kashagan fine

12 October 2026

ExxonMobil has reportedly opposed a proposal for partners in Kazakhstan’s Kashagan oil field to settle a disputed environmental fine with the government, complicating negotiations over a potential expansion of the major offshore project.

Angola approves $570mn expenditure for Jamba la Oma hydropower project

12 October 2026

Angola authorises $569.9mn in hydropower expenditure and procurement, with Standard Bank identified as a prospective lender but financing not yet confirmed.

Kazakhstan’s Samruk-Energy and Oman’s O-GREEN plan 2 GW renewable energy partnership

12 October 2026

Kazakhstan’s state-run electric power holding company Samruk-Energy and Oman’s state-backed green infrastructure platform O-GREEN have agreed to develop renewable energy projects with a combined installed capacity of about 2 GW.

Kenya's reliance on Ethiopian electricity grows with peak imports set to double

12 October 2026

Kenya plans to double peak electricity imports from Ethiopia to 400 megawatts (MW) in December to ease pressure on its power system, even as Ethiopia faces major gaps in domestic electricity access.

Nigeria cannot allocate full 700,000 bpd of uncommitted crude to Dangote refinery, minister says

12 October 2026

Nigeria's oil supply contracts restrict government crude allocations as Dangote expands domestic sourcing and prepares for a $1.6bn IPO.

Medco takes 10% stake in Indonesia's East Kalimantan blocks

12 October 2026

Indonesia's PT Medco Energi Internasional (IDX: MEDC) has agreed with Italian energy group Eni to acquire a 10% participating interest in four oil and gas blocks in the Kutai Basin of East Kalimantan.

Romania’s Cernavoda nuclear plant faces critical cooling-water constraint as Danube nears operational limit

12 October 2026

Water levels on the Danube near Romania’s Cernavoda nuclear power plant fell to within 3 cm of the operational threshold for pumping cooling water on October 10, prompting supplementary water releases. More measures are planned.

Saatvik Green Energy wins Maharashtra solar pump order

12 October 2026

Saatvik Green Energy has secured an order worth about INR1bn (around $9.97mn) to supply 5,000 solar-powered water pumps

Romania’s NuScale SMR project hits deadlock as more than 80% of conditions remain unmet

12 October 2026

Romania' Nuclearelectrica says more than 80% of the conditions attached to its February final investment decision for the Doicești small modular reactor (SMR) project remain unmet, including key commitments expected from US partner NuScale.

ADB offers Philippines $500mn loan for El Niño emergency

12 October 2026

The Asian Development Bank (ADB) is prepared to lend the Philippines $500mn if Manila declares a state of emergency over El Niño.

Philippines orders Meralco to refund customers $42mn

12 October 2026

The Philippines' Energy Regulatory Commission (ERC) ordered Manila Electric Company (PSE: MER) to return about PHP2.64bn ($46mn) in excess charges to its customers.

Japan's Mihama No. 3 reactor restarts after water leak

12 October 2026

Kansai Electric Power Co (TYO: 9503) has brought the No. 3 reactor at its Mihama nuclear plant in central Japan back online.

Suzlon to build three AI-powered blade factories in India

12 October 2026

Indian wind turbine maker Suzlon Group (NSE: SUZLON) will spend about INR5.5bn ($62mn) on three artificial intelligence-enabled blade factories in Gujarat, Karnataka and Tamil Nadu.

Indian firms embrace captive renewable power to cut costs

12 October 2026

Indian companies are building or contracting their own renewable power capacity to secure electricity supply, cut reliance on the grid and meet emissions targets.