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Belgium's EXMAR to lease out FSRU to Côte d’Ivoire for 10 years

Belgium’s EXMAR has signed agreements to provide a floating storage and regasification unit to Côte d’Ivoire under a 10-year lease expected to generate around $21.3mn in annual EBITDA.

South Korea's Hyundai Heavy Industries scores approval for LNG bunkering vessel design

The design removes conventional bridge wings to prevent interference with cruise-ship lifeboats during ship-to-ship bunkering.

Norway's NGS to supply regas module for Excelerate Energy's first LNG-to-FSRU project

Norway’s Nord Gas Solutions has secured a contract to supply the regasification module for US-based Excelerate Energy’s first LNG carrier-to-FSRU conversion project.

Fitch affirms Vista Energy Argentina at BB- after bond reopening

Vista Energy Argentina S.A.U.'s reopening of its senior notes due 2038 will not alter the company's 'BB-' long-term foreign- and local-currency issuer default ratings, Fitch Ratings said on September 21.

South Korea's Hanwha Power secures AiP for LNG bunkering vessel design

South Korea’s Hanwha Power has secured approval in principle from the American Bureau of Shipping for the concept design of a 22,000-cubic-metre LNG bunkering vessel.

India's BPCL signs LNG framework deal with Eni

The agreement does not itself commit the parties to specific LNG purchases.

Malawi expands battery storage and power links to tackle electricity shortages

Malawi is expanding battery energy storage, solar generation and regional power links as it seeks to strengthen electricity supply and reduce its reliance on hydropower.

Armed group shuts pipeline from Libya’s Sharara oilfield

An armed group has shut a valve on a pipeline linking Libya’s major Sharara oilfield to the Zawiya export port, causing production rates to fall

European gas prices fall on hopes of Hormuz reopening, but storage concerns persist

European gas prices fell to just above €69 per MWh on September 22, retreating sharply from recent highs as prospects of a reopening of the Strait of Hormuz eased fears over global LNG supply.

Egypt plans $1.36bn strategic crude stockpile with Libya, Iraq supplies

The Egyptian government is currently planning to build a strategic crude oil stockpile of around 16mn barrels through new supply agreements with Libya and Iraq

Italy takes 58% of Azerbaijan's oil exports in Jan-Aug

Azerbaijan exported 8,470,707 tonnes of crude oil to Italy in January-August, worth $5.226bn.

Russia's Novatek launches country's northernmost GHG monitoring station

Russia’s second-biggest gas producer Novatek (MOEX:NVTK) has launched the country’s northernmost greenhouse gas monitoring station as part of the country’s national network of carbon supersites.

Moscow oil refinery suffers another drone strike

Russia’s Moscow oil refinery has suspended crude processing after a large-scale drone attack damaged key production units on September 20, marking the latest disruption at a facility that has been repeatedly targeted this year.

Naftogaz signs LNG and fuel agreements with ORLEN, plans storage in Hungary

Ukraine's Naftogaz has signed agreements with Poland's ORLEN covering potential liquefied natural gas (LNG) deliveries and up to $500mn of petroleum product supplies, while agreeing with Hungary's MOL to develop storage facilities near its border.

Russia's Sibur starts up core equipment at polypropylene complex at ZapSibNeftekhim

Russian petrochemicals producer Sibur has begun commissioning the main equipment at its new DGP-2 polypropylene complex at ZapSibNeftekhim in Tobolsk, with the 570,000 tonne-per-year plant on track for startup in 2027.

Kazakhstan ramps up oil exports via Russia's Novorossiysk port in August at cost to volumes via Ust-Luga

Kazakhstan increased oil shipments through Russia towards Novorossiysk by almost 28% in August while cutting flows towards the Baltic port of Ust-Luga by 30%.

Russia doubles diesel exports to Central Asia and Mongolia despite Ukrainian drone strikes against its refineries

Russia more than doubled diesel exports to Kazakhstan, Kyrgyzstan, Tajikistan and Mongolia in August, as recovering production allowed Moscow to increase supplies to neighbouring markets despite restrictions on exports to most other destinations.

Russia backs petchem expansion in Pskov with $70mn in subsidies

Russia will provide up to RUB5.81bn in federal subsidies to support preferential financing for a more than RUB21bn petrochemical expansion at Titan-Polymer’s plant in the Pskov region.

Argentina's San Antonio Este port speeds up Vaca Muerta pipeline work

Argentina’s San Antonio Este port in Río Negro has completed the unloading of 3,340 pipes for the San Matías Pipeline in 53 hours, ahead of the arrival of two more vessels scheduled for October, as construction advances on the 472-kilometre pipe

Argentina’s TGN plans $2.2bn Vaca Muerta gas pipeline

Russia mulls changes to fuel damper to account for transport costs

Russia’s finance ministry is prepared to consider changes to the country’s imported fuel damper to account for domestic transport costs, but has rejected a proposal to compensate importers for premiums paid in overseas markets.

Argentina's Mendoza awards two oil exploration blocks with $6mn investment commitment

Argentina’s Mendoza province has awarded the Río Atuel and Atuel Exploración Sur hydrocarbon exploration blocks to Petroquímica Comodoro Rivadavia (PCR) and Hattrick Energy, respectively.

Argentina's Vaca Muerta bidders offer more than $410mn for eight new areas in Neuquén

Oil companies have offered more than $410mn in bonuses and exploration commitments for eight new areas in Vaca Muerta as part of the first round of Neuquén’s 2026 Exploration Plan.

Russian oil major Lukoil's sale of international arm to Carlyle remains up in the air

The proposed sale of around $20bn of overseas assets belonging to Russia’s Lukoil to US investment group Carlyle remains caught up in the US approval process, almost eight months after the companies announced their agreement.

YPF’s Marín says Argentina LNG is company’s top project, targets 2026 FID

YPF Chief Executive Horacio Marín said the $24bn Argentina LNG project being developed with Eni and XRG is now his and the company’s most important undertaking, with a final investment decision expected by the end of 2026.