Latest Stories

Egypt’s LNG imports top 2025 record as Cairo pushes East Mediterranean gas hub ambitions

3 November 2026

Egypt imported 10.52mn tonnes of LNG in January–September 2026, already above 2025’s record, as it extends a 14-block bid round and advances Cyprus gas links via Cronos and Aphrodite.

Lebanon and Qatar negotiate over power generation agreement to save Lebanese national grid

3 November 2026

Lebanon and Qatar will resume negotiations this week to finalise an integrated Build-Operate-Transfer power generation and 20-year natural gas supply agreement, Lebanese Energy Minister Joseph Al-Saddi confirmed.

Israel's Enlight Renewable Energy posts 40% revenue spike in Q3

3 November 2026

Enlight Renewable Energy reported a 40% y/y jump in Q3 revenue to $231mn, prompting the renewable power developer to raise its 2026 financial guidance for the second time.

Abu Dhabi's XRG enters Australian market by acquiring Shell's stake in LNG project

3 November 2026

Abu Dhabi-based energy group XRG announced that it will acquire Shell’s stake in Australia’s North West Shelf LNG project for $1.45bn.

South Africa’s enX completes $13mn sale of New Way Power and property business to Generac unit

3 November 2026

New Way Power designs, manufactures, rents and maintains prime and standby power systems across Southern Africa.

Iran seeks to cut petrol use by 10% after ending imports

3 November 2026

The Iranian Oil Ministry aims to bring down daily petrol consumption by 10% by mid-February, after the government stopped imports on October 23, the state fuel distributor said.

Abu Dhabi's ADNOC seals five-year LNG supply agreement with TotalEnergies

3 November 2026

Abu Dhabi's ADNOC Gas announced that it has signed a five-year agreement to supply TotalEnergies with up to 1.6mn tonnes of LNG.

Kazakhstan to build first coal-chemical complex at Qarmet plant

3 November 2026

Kazakhstan will build its first coal-chemical complex at steel producer Qarmet’s metallurgical plant (formerly known as Karaganda Metallurgical Plant), with two new coke oven batteries designed to produce a combined 1.5mn tonnes of dry coke annually.

Moldova expects Romania's Neptun Deep gas to cover a quarter of its consumption from 2027

3 November 2026

Offshore Neptun Deep field is planned to produce 8 bcm of gas per year for around ten years.

Nigerian energy group Aradel's profit down 82% in 9M as Renaissance earnout charge hits earnings

3 November 2026

Aradel Holdings Plc (NGX: ARADEL) reported a 154.3% year-on-year increase in pre-tax profit to NGN764.71bn ($568.0mn) in the first nine months of 2026, while group profit after tax fell 82.3% to NGN43.30bn.

Kosmos Energy pushes $1.2bn Ghana loan maturity to 2033, targets 2028 bonds

3 November 2026

Kosmos Energy extends its $1.2bn Ghana-backed credit facility to 2033, easing debt pressures as Jubilee oil production rises and refinancing continues.

Production at MOL’s Hungarian refinery back to full capacity one year after damaging fire

3 November 2026

MOL's Hungarian refinery has returned to full capacity following an almost year-long, €49.4mn repair.

Indonesia bans third-country routing for energy exports

3 November 2026

Indonesia has barred its natural resource exports from passing through third countries and now requires all such cargoes to sail directly from Indonesian ports to their final destinations.

Poland’s Tauron raises net profit, electricity generation and sales in Q3

3 November 2026

Polish power group Tauron published its Q3 2026 preliminary results, stating that its net profit and sales rose y/y, while EBIT and EBITDA went down. At the same time, the company increased its electricity generation and distribution.

Malaysia's Northern Solar secures 189MW data centre solar deals

3 November 2026

According to stock exchange filings, wholly owned subsidiary Northern Solar Assets received both letters of award via CRESS, the Corporate Renewable Energy Supply Scheme

South Korea weighs tax relief for locally built EVs

3 November 2026

South Korean Finance Minister Lee Hyoung-il held talks with Hyundai Motor Group Executive Chair Euisun Chung on tax breaks for electric vehicles made in the country.

Colombia lifts gas supply restrictions after SPEC terminal restores capacity

3 November 2026

Colombia’s government lifted temporary restrictions on natural gas supply after the SPEC LNG regasification terminal in Cartagena restored its full available capacity of 533mn cubic feet per day (15.09mn cubic metres per day)

Venture Global begins commercial operations of Plaquemines Phase 1

3 November 2026

The US’s second largest LNG producer Venture Global has started commercial operations for Phase 1 of Plaquemines LNG, the Arlington, Virginia-headquartered firm announced.

LS firms win subsea cable deal for South Korea's Taean wind farm

3 November 2026

Developer Taean Wind Power has entered into a capacity reservation agreement (CRA) with LS Cable & System and LS Marine Solution (KOSDAQ: 060370), its affiliate.

US Maritime Administration approves ST LNG export terminal off Texas coast

3 November 2026

The US Maritime Administration has granted regulatory approval for ST LNG’s proposed $8.2bn offshore LNG export terminal located in Texas.

Philippines' Apeco courts Canadian defence and clean energy investors

3 November 2026

Apeco, short for Aurora Pacific Economic Zone and Freeport Authority, has launched a string of investor roadshows across Canada, aiming to draw investment in defence, clean energy and other industries.

Adani unit to buy full stake in Indian smart meter firm

3 November 2026

A listed member of India's Adani Group plans to buy all of the equity share capital of an Indian advanced metering company

Philippines' Semirara posts 66% profit rise on power sales

3 November 2026

Semirara Mining and Power Corporation (PSE: SCC) grew its third-quarter net income by 66% from a year earlier to PHP2.4bn ($38mn).