Latest Stories

Bulgaria's Kozloduy nuclear plant cuts output over low Danube levels

7 October 2026

Bulgaria's Kozloduy nuclear power plant has reduced output from both of its operating reactors because of low water levels in the Danube.

Venezuela advances gas plans with BP as Shell eyes Loran opportunities

7 October 2026

Venezuela is stepping up planning for its natural-gas sector, with the hydrocarbons ministry and BP Exploration Caribbean Limited reviewing development work at the Cocuina field as they prepare an operational roadmap for 2027

Petrobras, Ecopetrol wrap up Colombia’s largest deepwater drilling campaign

7 October 2026

Petrobras and Ecopetrol have completed the largest deepwater exploration campaign in Colombia’s Caribbean, drilling five wells over two and a half years at a cost of about $1bn, the companies said

Petroecuador restarts SOTE pipeline pumping after Baeza station fire

7 October 2026

State oil company EP Petroecuador has resumed pumping through the Trans-Ecuadorian Oil Pipeline System (SOTE) on October 5, after an emergency caused by a fire at the Baeza pumping station in Napo province on October 1, El Universo reported.

Croatia opens consultation on HEP ODS 10-year power grid investment plan

7 October 2026

Croatia's energy regulator HERA has opened a public consultation on a 10-year development plan for the country's electricity distribution network covering 2027-2036, it said on October 7.

Bolivia's YPFB steps up fuel deliveries and blocks plates of repeat-fill vehicles

7 October 2026

Bolivia's state oil company Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) has raised the volume of petrol and diesel supplied to filling stations in all nine departments.

South Africa fast-tracks 9.6 GW of batteries and gas to curb renewable curtailment

7 October 2026

South Africa will procure 4.6 GW of battery storage and 5 GW of gas-fired generation under its first IRP 2025 determination, with wind and solar to follow.

Brazil’s election run-off to help decide Petrobras’ future

7 October 2026

Brazil’s presidential runoff between President Luiz Inácio Lula da Silva and Senator Flávio Bolsonaro offers sharply different visions for state-controlled Petrobras and the role of government.

Venezuelans in no mood to dance despite Trump's oil bonanza

7 October 2026

Nine months after the US removed Nicolas Maduro, a sweeping oil pact with Washington has done little to ease hardship at home or bring elections closer.

Peru and South Korea pilot solar EV charging stations

7 October 2026

Peru and South Korea will test solar-powered electric vehicle charging stations under a pilot running from 2026 to 2028.

Iran’s ex-oil minister rejects Trump claim over resignation

7 October 2026

Former Iranian oil minister Mohsen Paknejad dismissed Donald Trump’s claim that he quit after acknowledging Iran had no economy or oil, saying his resignation was unrelated to the US president’s remarks.

ExxonMobil targets Trinidad and Tobago for next oil boom

7 October 2026

ExxonMobil (NYSE: XOM) wants to repeat its Guyana oil and gas success in the waters off Trinidad and Tobago, its global exploration chief said in an interview.

Halliburton rules out work on the Falklands’ Sea Lion project, drilling to begin in early 2027

7 October 2026

US oilfield services company Halliburton has ruled out any involvement in the Sea Lion oil project near the Falkland Islands, saying it has consulted Argentine federal authorities over potential criminal and civil enforcement.

Biomass power plant in western Ukraine offered for €10mn with expansion plans

7 October 2026

A 6-megawatt biomass combined heat and power plant in Ukraine's western Zakarpattia region is being offered for €10mn, with its owner seeking partners for potential expansion into wood processing, energy storage and additional power generation.

Guyana's energy future could be shaped by Brazil's election as border controversy takes centre-stage

7 October 2026

The outcome of Brazil’s presidential election could shape the outcome of Guyana’s border dispute with Venezuela, an issue that directly threatens Guyana’s oil and gas future.

QatarEnergy secures $3bn syndicated loan from Chinese banks

7 October 2026

State-owned QatarEnergy has finalised a $3bn syndicated loan financed exclusively by four major Chinese financial institutions, a critical move given the company's rising lost revenues due to the Strait of Hormuz closure.

Saudi Arabia’s Yanbu port hit by projectile

7 October 2026

Saudi Arabia’s Yanbu port has again been impacted by attacks, with an unidentified projectile starting a fire and halting loading operations involving a Liberian-flagged tanker.

Iraq transports 2mn barrels through Hormuz as tanker movement increases

7 October 2026

Iraq’s state-owned Oil Tanker Company moved 2mn barrels of Iraqi crude through the Strait of Hormuz aboard a very large crude carrier last week – the first such operation the company has conducted in years, according to its director general.

Armenia, Turkey discuss reactivating Gyumri-Kars power transmission line

7 October 2026

Amid improving relations, Armenia and Turkey are working to restore a cross-border electricity transmission line that links Gyumri and Kars.

Gridworks signs framework to lead equity in $300mn Zambia-DRC power link

7 October 2026

UK-backed Gridworks plans to lead equity investment in a $300mn Zambia-DRC transmission line capable of supplying up to 550MW to the DRC Copperbelt.

Angola lifts crude supply to Luanda refinery to 12-month high

7 October 2026

Angola increased crude oil deliveries to its Luanda refinery to a 12-month high in August, boosting feedstock to the plant, which has a capacity of 65,000 bpd, after supplies remained well below capacity earlier this year.