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Saudi Arabia denies responsibility for increasing Iraqi shipping costs
Saudi Arabia is denying claims that it has raised the cost of transporting Iraqi oil by purchasing 25 new oil tankers, according to Reuters.
Chevron plans upstream expansion in Egypt following New York talks
US energy major Chevron (NYSE:CVX) is preparing to expand its exploration and production footprint in Egypt and the wider Eastern Mediterranean, aiming to scale up capital investment and upstream activity across its domestic concessions
Spain's Negratín secures $32mn financing for 39 MWp solar portfolio in Colombia
Spanish renewable-energy company Grupo Negratín has secured financing for a 39 MWp portfolio of solar projects in Colombia’s Meta department, with Banco de Bogotá and Findeter backing the development under a non-recourse project-finance structure
Venezuela and Guyana lift Caribbean oil exports by 45%
Oil exports from the Caribbean basin rose 45% year on year in 2026, an increase of 234mn barrels, or about 880,000 barrels per day.
SLB wins key Bisat expansion contract in Oman’s Block 60
Global energy technology company SLB announced on September 23 that it has secured a major contract from Oman’s upstream energy firm, OQ Exploration & Production (OQEP), to expand production infrastructure at the Bisat oil field in Block 60.
Saudi Arabia denies buying 25 tankers, blames Hormuz for Iraq freight costs
Saudi Arabia denies buying 25 oil tankers and says the Iran war and Hormuz disruption, not Riyadh, have driven up freight costs for Iraqi crude.
Serbia's sanctioned oil firm NIS seeks new US licence
Serbia's oil company NIS, majority-owned by Russian energy companies, has asked the US Treasury for a new licence to continue operating after its current sanctions waiver expires on September 30.
Nearly 6mn barrels of seized Iranian oil heading to US, monitoring service says
Nearly 6mn barrels of Iranian crude worth about $600mn seized by the United States are “quietly” crossing the Atlantic Ocean towards the US, oil tanker tracking company TankerTrackers.com said in a post on X.
TotalEnergies sets stage for fresh exploration on Suriname’s Block 58
TotalEnergies is preparing a new 2027-28 exploration campaign on Suriname’s Block 58 as GranMorgu advances towards first oil, potentially expanding the resource base behind the country’s emerging offshore oil industry.
Suriname offshore interest broadens as Staatsolie receives fifth Open-Door proposal
Suriname’s offshore exploration market is attracting sustained interest, with Staatsolie receiving its fifth Open-Door proposal since June as the country approaches first oil production in 2028.
Canada’s Wolf Midstream takes FID on NGL North System expansion
Canada’s privately owned Wolf Midstream has taken a final investment decision on the Phase Three expansion of its NGL North System.
Shell completes sale of Coulomb, Na Kika interests in US Gulf
Shell Offshore has completed the previously announced sale of its interests in the Coulomb and Na Kika assets in the US Gulf of Mexico.
Fugro wins major Australian subsea integrity contract
Dutch offshore services group Fugro has secured a major marine asset integrity contract in Australia covering the replacement, inspection and surveying of subsea infrastructure.
Australia steps in to maintain abandoned Cliff Head oil platform
Australia’s federal government has authorised public funding to keep the mothballed Cliff Head oil platform offshore Western Australia safe following the collapse of the companies responsible for the asset.
Vermilion cleared for new Wandoo drilling offshore Australia
Canada’s Vermilion Energy has secured Australian regulatory approval for new exploration and development drilling at the Wandoo oil field offshore Western Australia.
New Zealand pushes LNG terminal decision beyond November election
New Zealand has pushed a decision on its proposed LNG import terminal beyond the November 7 general election, delaying a project intended to provide back-up gas supply as domestic production declines.
India's ONGC strikes gas in deepwater Mahanadi basin
India's state-controlled Oil and Natural Gas Corp. has made a natural gas discovery in the deepwater Mahanadi Offshore Basin off the country's east coast, strengthening prospects for a wider development of resources in the frontier area.
Indonesia awards six upstream blocks, puts another eight on offer
Indonesia has awarded six upstream oil and gas blocks carrying more than $141mn in firm investment commitments and simultaneously launched a new licensing round offering another eight areas.
Indian Oil approves $256mn Kochi-Thoothukudi gas pipeline
India’s state-owned Indian Oil Corp. has approved an investment of INR24.49bn to build a 425-km natural gas pipeline linking Kochi in Kerala with Thoothukudi in Tamil Nadu, expanding gas infrastructure across southern India.
Prime Natuna finds gas in four zones at Bekantan-1 off Indonesia
Indonesia’s Prime Natuna EP has encountered gas in four reservoir zones at the Bekantan-1 exploration well in Natuna Sea Block A, with initial deliverability estimated at around 12mn cubic feet per day.
Canada focuses on boosting energy trade beyond North America
Canadian energy exports are increasingly heading across the Pacific, but the US is still a major customer despite shifting trade patterns
Brazil’s Petrobras expands Africa push with new Mozambique ENH agreement
Petrobras and Mozambique’s state-owned ENH have signed a two-year MoU to explore oil and gas cooperation as Maputo seeks fresh energy investment.
LATAM BLOG: Trump keeps Machado's medal and Rodríguez's oil
María Corina Machado made three failed attempts to reach Venezuela from Panama by sea and air on September 21 and 22, her team said. On the second of those days Delcy Rodríguez, the country's acting president, held her first meeting with Trump.
Oman to host Gulf's first World Wind Energy Conference in 2027
Oman will host the World Wind Energy Conference in December 2027, the first time the event comes to the Gulf, as the sultanate brings 245 MW of new wind capacity online.
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