Latest Stories

Brazil's September trade surplus more than doubles as oil exports head for record

30 September 2026

Brazil posted a trade surplus of $6.45bn in the first four weeks of September, up 151.1% from a year earlier, as crude oil shipments headed for an all-time monthly record.

US reaffirms Guyana support as ruling approaches in Essequibo territorial dispute

30 September 2026

The United States has reaffirmed its support for Guyana’s “territorial integrity” as an ICJ ruling on Venezuela’s claim to the oil-rich Essequibo region approaches, despite the sharp improvement in Washington-Caracas relations.

Kenya PBO warns $354mn energy-project shift to infrastructure fund could cause delays

30 September 2026

Kenya’s Parliamentary Budget Office warns that moving $354mn of energy and petroleum projects to the National Infrastructure Fund could delay construction and raise financing costs.

Shell takes FID on LNG Canada Phase 2

30 September 2026

Shell has taken a final investment decision on the second phase of LNG Canada, clearing an expansion that will double the British Columbia export terminal’s capacity to 28mn tonnes per year.

ExxonMobil Guyana to continue output explosion as production surpasses 1bn barrels

30 September 2026

Less than seven years after crude first flowed from the Liza field, ExxonMobil and its co-venturers have officially produced their one-billionth barrel of oil from Guyana's prolific Stabroek block.

Argentina to seek UN arbitration over Sea Lion oil project

30 September 2026

Argentina will initiate international arbitration against the United Kingdom over the Sea Lion oil project near the Falkland Islands, giving London two weeks to halt the development before Buenos Aires seeks provisional measures.

Rwanda activates Kenya fuel-import framework with first 40,000-tonne Mombasa cargo

30 September 2026

Rwanda has begun importing fuel through Kenya under a new state-backed framework, adding Mombasa to its existing Tanga route and expanding procurement flexibility.

South Africa seeks operator for East London LNG terminal

30 September 2026

South Africa’s Transnet National Ports Authority has launched a tender for a private operator to develop and run a small-to-medium-scale LNG import terminal at the Port of East London under a 25-year concession.

Australia’s Worley completes FEED work for Indonesia’s Abadi LNG project

30 September 2026

Worley has completed front-end engineering design (FEED) work for key offshore infrastructure at INPEX’s 9.5mn tonnes per year (mtpa) Abadi LNG project in Indonesia.

Turkey’s Karpowership completes seven-vessel FSRU conversion programme

30 September 2026

Turkey’s Karpowership has completed a seven-vessel LNG carrier-to-FSRU conversion programme with Singapore’s Seatrium, following the delivery of the final vessel, LNGT Türkiye.

Tecnimont wins FEED contract for 25mn-tpy Argent LNG project in US

30 September 2026

Italy’s MAIRE Tecnimont has secured a front-end engineering and design (FEED) contract for Argent LNG’s planned 25mn tonnes per year export terminal at Port Fourchon in Louisiana.

Iranian oil prices climb as Sidi Kerir Light hits $105.63

30 September 2026

Iranian crude prices soared across major delivery markets, with Iran Light reaching $105.63 a barrel at Egypt’s Sidi Kerir terminal and all listed Iranian grades gaining $0.88.

Nord Gas Solutions secures Poland's first bioLNG plant project

30 September 2026

Nord Gas Solutions has secured a contract to build a 35-tonne-per-day biogas liquefaction plant in Poland, which the company expects to become the country's first bioLNG production facility, it said on Friday.

Tauron signs PLN900mn loan with PKO BP to refinance existing debt

30 September 2026

Polish utility Tauron Polska Energia has signed a PLN900mn (€211mn) five-year loan with PKO Bank Polski to refinance existing debt and reduce its financing costs, the company said on September 29.

Statkraft signs 400 MW Polish battery storage tolling deal with Greenvolt

30 September 2026

Norwegian renewable energy company Statkraft has signed a 10-year tolling agreement with Greenvolt Power covering 400 MW of battery storage capacity in Poland, in what it described as one of the largest such contracts in the...

Czech energy price concerns rise as 60% expect further increase

30 September 2026

Czech households fear higher growth in energy prices, with 60% of Czechs expecting prices to go up, the highest in two years, according to a poll by energy provider epet energie

Indonesia courts green investors with carbon market incentives

30 September 2026

Indonesia is offering carbon market incentive schemes to international companies that invest in green projects across the archipelago, Coordinating Minister for Food Zulkifli Hasan said at the 81st UN General Assembly

Japan electricity bills hit record highs at all utilities

30 September 2026

Electricity rates for October usage will reach record highs at all 10 of Japan's major power utilities after a government subsidy expired.

Cuba expands solar capacity and plans more battery storage for 2026

30 September 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 adding 100 MW of battery storage in October, President Miguel Díaz-Canel said

Chubu Electric to acquire stake in Indian renewable firm

30 September 2026

Japan's Chubu Electric Power (TYO: 9502) is set to acquire an equity stake in Indian renewable power producer Continuum Green Energy Limited through its Dutch investment arm.

Indonesia's Pertamina lands SAF deal with Cathay Pacific

30 September 2026

Indonesian state energy company PT Pertamina (Persero) has secured a purchase contract from Hong Kong carrier Cathay Pacific for 7,000 kilolitres of sustainable aviation fuel (SAF).