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Guatemala suspends fuel taxes, vetoes price cap bill

Guatemalan President Bernardo Arévalo has signed into law a suspension of taxes on fuel while vetoing a separate bill that would have imposed price caps.

Aliko Dangote, Africa’s richest man, sets out $50bn multi-sector, continent-wide expansion plan

Nigerian industrialist Aliko Dangote plans to invest about $50bn across Africa by 2030, extending a capital-intensive expansion that is pushing his conglomerate further into refining, fertiliser, cement, energy and infrastructure.

ExxonMobil reaches billionth barrel of oil in Guyana

ExxonMobil (NYSE: XOM) and its Stabroek Block partners have pumped their billionth barrel of crude from Guyanese waters, less than seven years after production began.

Guyana gas expansion hinges on anchor buyers, says ExxonMobil

Guyana's next phase of natural gas development will depend on landing major buyers and setting out a clear roadmap for new industries, ExxonMobil (NYSE: XOM) Guyana President Alistair Routledge said.

AEC backs Dangote’s planned Kenya refinery amid land court dispute

The African Energy Chamber (AEC) has backed Aliko Dangote’s planned 700,000-barrel-per-day (bpd) refinery in Lamu, Kenya, after a court order temporarily restricted activities on land earmarked for the project.

China's Bomesc wins FPSO module contract from SBM Offshore, bound for South America

Chinese offshore fabricator Bomesc Offshore Engineering has won a contract worth $239mn to $313mn from SBM Offshore to build topsides modules for a FPSO vessel bound for South America.

Russia proposes higher fuel price benchmarks for damper subsidy

Russia’s government wants to raise the fuel price benchmarks that decide whether oil companies qualify for the damper, the budget subsidy that keeps petrol and diesel cheaper at home than abroad.

Canada’s energy regulator approves Trans Mountain tolls settlement

The Canada Energy Regulator announced this week that it had approved the tolls settlement for the Trans Mountain oil pipeline system.

Kenya’s nuclear power project faces East African Court challenge over environmental concerns

Kenya’s proposed nuclear power project in Bondo, Siaya County, has been challenged at the East African Court of Justice, with a petitioner seeking a review of the site’s suitability and a transboundary environmental assessment.

Rockhopper keeps Falklands' Sea Lion oil production target for 2028 despite Argentine sanctions

British oil and gas company Rockhopper Exploration said it remains committed to starting oil production from the Sea Lion field in the Falkland Islands (also known as Malvinas) in the first quarter of 2028, despite Argentina's legal threats .

Serbia's EPS, Srbijagas and SOCAR sign shareholders' agreement for 500 MW Nis gas power plant

Serbia's state power utility Elektroprivreda Srbije (EPS), gas company Srbijagas and Azerbaijan's State Oil Company (SOCAR) have signed a shareholders' agreement to build a combined-cycle gas-fired power plant in the city of Nis.

Argentina’s YPF and Entre Ríos study logistics options for Vaca Muerta sand supplies

Argentina's state-controlled YPF has signed an agreement with Entre Ríos province to study road, rail and river transport options for moving sand used in hydraulic fracturing to the Vaca Muerta shale formation.

Azerbaijan advances Absheron gas project to final investment decision, Azeri Light trades above $118

Azerbaijan's $4.2bn Absheron full field development project has moved to the stage of a final investment decision (FID), SOCAR vice president Babek Huseynov has said.

Funds face deadline to appeal Argentina’s YPF case to US Supreme Court

Funds involved in the long-running lawsuit over Argentina's renationalisation of oil company YPF face a September 30 deadline to ask the US Supreme Court to review a ruling that overturned a $16.1bn judgment against the country.

Nigeria’s NNPCL audited accounts show 33% profit rise despite 24% revenue drop

Nigeria's state-owned Nigerian National Petroleum Company Limited (NNPCL) reported profit after tax of NGN7.2 trillion ($5.42bn) for 2025, up 33% y/y, even as revenue fell 24% to NGN34.5 trillion.

BP reported to have explored acquisition of Devon assets before backing away

BP reportedly explored a potential acquisition of Devon Energy’s Eagle Ford shale assets in South Texas but ultimately decided not to proceed.

Doral Energy links Israel's largest renewable asset to national grid

Doral Energy has completed the electrification of its $275.95mn Hadari Shan solar and storage facility, linking Israel’s largest renewable infrastructure asset to the national electricity grid.

Israel's Afcon Holdings to launch renewables subsidiary on Tel Aviv Stock Exchange

Infrastructure holding firm Afcon has formally advanced plans to float its green energy subsidiary on the Tel Aviv Stock Exchange at a projected valuation of $325mn.

Shell takes FID on LNG Canada Phase 2

Shell and its partners have made a final investment decision on Phase 2 of LNG Canada.

Rwanda outlines financing options for first nuclear power programme

Rwanda has published a roadmap examining possible financing structures for its planned nuclear power programme, with the government weighing private-sector, state-backed and multilateral options for a future first reactor.

Kenyan investors seek NSE access to Dangote refinery IPO through GDR structure

Kenyan investors are exploring a proposed NSE GDR structure that could provide access to Dangote Petroleum Refinery’s IPO, subject to approvals.

Nigeria’s Dangote breaks ground on $16bn oil refinery in Kenya

Dangote and Kenya have launched construction of the $16bn Lamu oil refinery, a 700,000-bpd project aimed at supplying East African fuel markets.

Iran petchem chief urges faster rebuild of war-damaged plants

EU plans to postpone methane rules for oil and gas imports

The European Commission will propose delaying the EU's methane rules for imported oil, gas and coal, bowing to pressure from France, the US and exporters ahead of a tight winter.

Kazakhstan again urges Ukraine to avoid attacks on Black Sea vessels carrying its exported oil

Kazakhstan has asked Ukraine once again to refrain from drone attacks on vessels carrying its crude oil through the Black Sea, as repeated incidents threaten a key export route for the country’s petroleum industry.