Latest Stories

Cuba expands solar capacity as storage push targets October

1 October 2026

Cuba has installed 1,418 MW of photovoltaic capacity across 144 solar parks and plans to exceed 1,500 MW by the end of 2026, while preparing another 100 MW of electricity storage for October as it seeks to reduce pressure on its national grid

Japan’s INPEX takes 50% stakes in BP’s Agung exploration blocks off Indonesia

1 October 2026

Japan’s INPEX has acquired 50% interests in the Agung I and Agung II exploration blocks offshore eastern Java from BP, expanding its exploration position in one of Indonesia’s prospective gas regions.

Netherlands’ Gate LNG expansion lifts capacity to 20 bcm per year

1 October 2026

Dutch gas infrastructure operator Gasunie and storage group Royal Vopak have completed a three-year expansion of the Gate LNG import terminal in Rotterdam, increasing its regasification capacity by 25% to 20 bcm per year.

Qatar’s UCC considers expanding Venezuela oil and gas presence

1 October 2026

Qatar’s UCC Oil and Gas Holding is weighing a broader push into Venezuela, looking beyond the offshore gas venture that marked its entry into the country as the government seeks foreign partners to revive its energy industry

GeoPark seeks Venezuela diluent supply ahead of Orinoco start

1 October 2026

GeoPark Ltd. is working with Venezuela’s state oil company on a supply arrangement that could determine how quickly it can ramp up its first project in the country

Venezuela oil revival draws interest despite power and output constraints

1 October 2026

Venezuela’s push to revive its oil industry is attracting interest from foreign producers, but companies looking to expand are confronting infrastructure and operational problems that have already forced some to revise their plans

Nigeria’s Dangote now involved in multiple East African energy projects

1 October 2026

2026 has been a strong year for Nigeria’s Dangote Group so far, with the company taking on numerous new projects following the success of the 650,000 barrels per day (bpd) Dangote refinery, located in the Lekki Free Zone.

Ecuador signs amended Block 17 oil contract with PetroOriental and Orionoil

1 October 2026

Ecuador's Ministry of Environment and Energy (MAE) has signed an amended contract for the operation of Block 17 in Orellana province, to be run by companies PetroOriental and Orionoil, El Universo reported.

Pemex racks up $4bn trade deficit as fuel imports outstrip Dos Bocas gains

1 October 2026

Mexican state oil company Pemex posted a trade deficit of $4bn between January and August 2026, driven mainly by fuel imports despite elevated crude prices.

Chile eyes 50MW-to-1GW energy plan for Antofagasta AI training campus

1 October 2026

Chile's state-owned infrastructure company Desarrollo País has asked the energy industry how it could power a planned artificial intelligence training campus in the Antofagasta region, a project that could grow from 50MW to 1GW over the long term.

Chile's Kast moves to extend fuel-price relief to December as Iran war drags on

1 October 2026

Chilean President José Antonio Kast will ask Congress to extend support measures introduced after fuel prices surged in March, admitting the Middle East conflict has lasted far longer than his government expected.

Iraq’s BP faces legal action over alleged Rumaila gas flaring pollution

1 October 2026

UK-based law firm Hagens Berman EMEA has sent a letter before action to BP, giving notice of intended legal proceedings over alleged gas flaring pollution at Iraq’s Rumaila oilfield near Basra.

Iraq’s Mosul faces persistent fuel queues as shortage enters fourth week

1 October 2026

Long queues have formed at petrol stations in Mosul as a fuel shortage in Iraq’s Nineveh province approaches its fourth week, disrupting transport and daily economic activity.

US extends sanctions waiver for Serbian oil company NIS

1 October 2026

The US has extended a licence allowing NIS to continue operating until October 30, giving MOL more time to pursue a deal to take over the Russian-controlled stake in the refiner.

Israel's Bank Hapoalim injects $85mn into US expansion of renewables firm Stark Power

1 October 2026

Bank Hapoalim has deployed an $85mn credit facility to back the US expansion of Stark Power, set to help the Israeli-founded developer to construct and acquire energy storage assets.

Rwanda outlines financing plan for first small modular nuclear reactor

1 October 2026

Rwanda is moving its nuclear programme towards the financing stage, with a new roadmap proposing sovereign, multilateral and PPP structures for a planned small modular reactor, although no funding has been secured.

Rwanda returns to Mombasa petroleum route as Kenya corridor regains fuel flows

1 October 2026

Rwanda’s return to the Mombasa petroleum route strengthens the Northern Corridor’s role in East African fuel logistics, giving the landlocked country an additional import option alongside Tanzania routes.

Ghana commissions first phase of 12,000-tonne LPG storage terminal amid clean-cooking push

1 October 2026

Ghana has commissioned the first 6,000-tonne phase of a planned 12,000-tonne LPG storage terminal.

Ukraine seeks easier EU market access to expand biomethane exports

1 October 2026

Ukraine is seeking to remove regulatory barriers to biomethane exports to the EU as the bloc's shift away from fossil fuels opens potential new markets for the country's renewable gas producers.

Ukraine seeks EBRD support for €600mn power-market funding need

1 October 2026

Ukraine is seeking support from the European Bank for Reconstruction and Development to help meet an estimated €600mn financing need for energy companies and stabilise its electricity balancing market as Russian attacks intensify ahead of winter.

Ukraine’s power prices rise despite surplus as industrial demand weakens

1 October 2026

Ukraine remained a net electricity exporter through much of September as weak industrial demand reduced consumption, but wholesale power prices rose sharply during the working week.

Nigeria advances 24-hour energy-zone plan in talks with distributors

1 October 2026

Nigeria’s federal government has begun talks with selected electricity distributors on proposed energy zones aimed at providing round-the-clock power in the Lagos axis, Abuja-Kaduna-Kano and Enugu-Port Harcourt corridors

Tullow shares slump after Ghana tax ruling raises $393mn exposure

1 October 2026

Tullow Oil (LON: TLW) suffered one of its steepest market falls in years after losing a Ghana tax arbitration that could expose the London-listed producer to about $393mn in tax and penalties.

Chariot-backed Etu Energias advances $455mn Angola oil acquisitions, securing 8,000 bpd exposure

1 October 2026

Chariot Limited is advancing two Etu Energias transactions that will give it economic exposure to about 8,000 bpd of offshore Angola oil production from Blocks 14 and 14K.