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The world's continents are drying out, with rivers below normal across 36% of basins
The water stored on the world's land is steadily draining away, and 2025 was one of the driest years for the world's rivers in three and a half decades.
Asset manager Copernico says US pivot makes Venezuela a strategic investment case
Uruguayan asset manager Copernico said Washington's growing interest in Venezuelan oil and minerals is changing how the country's assets should be valued, arguing that some of the risks that have long depressed prices are receding.
TotalEnergies-led GranMorgu project in Suriname on course for mid-2028 start-up
TotalEnergies (EPA:TTE) and its partners are still aiming to begin production at the $12 bn GranMorgu development off Suriname in mid-2028, Staatsolie chief executive Annand Jagesar said on September 19.
Iran oil revenue reportedly tops $16bn despite US naval blockade
Halliburton signs Venezuela MOUs with Brazil's Eneva and WESCA
Halliburton (NYSE:HAL) said it has signed memorandums of understanding with Brazil's Eneva (BVMF:ENEV3) and with WESCA to support energy development in Venezuela's oil and gas sector.
South Africa’s PetroSA contests $37mn liquidation application over disputed fuel debt
South Africa’s state-owned oil company PetroSA is opposing an application by fuel trader Nako Energy to place it under provisional liquidation over a disputed ZAR605.5mn ($37.2mn) claim, saying it has a substantive defence and remains operational.
Bilfinger wins FEED contract for marine fuels terminal at Oman’s Shinas Port
Bilfinger has secured a FEED contract for a major marine fuels and oil terminal planned at Shinas Port on Oman’s Sea of Oman coast, Oman Daily Observer reported on September 20.
Iraq oil exports average 2.6mn bpd in September
Iraq's crude oil exports have averaged around 2.6mn barrels per day (bpd) so far in September.
Uganda’s nearly built $5.6bn EACOP will open a route to oil markets, but a wider East African payoff remains uncertain
The East African Crude Oil Pipeline (EACOP) is nearing completion, opening a Ugandan crude-export route through Tanzania. But questions remain over financing, fuel security and wider economic gains.
Ghana explores reciprocal gas-for-power trade with Nigeria
Ghana is discussing a potential arrangement under which Nigerian gas could generate electricity in Ghana for export back to Nigeria as the two West African countries explore deeper regional energy trade.
US crude imports from Venezuela hit nine-year high of 782,000 bpd
US crude imports from Venezuela jumped to 782,000 barrels a day (b/d) in the week to September 11, the highest since August 2017, Energy Information Administration (EIA) data show.
Brazil’s Petrobras expands African footprint with new exploration blocks in Ivory Coast
Brazil's Petrobras said its subsidiary Petrobras Netherlands BV had signed production-sharing agreements for eight offshore exploration blocks in Côte d'Ivoire, deepening its push into Africa's equatorial margin.
Brazil’s Braskem stock to underperform, debt restructuring carries dilution risk of up to 95%, says UBS
Indonesia’s Pertamina eyes Nigeria’s 2026 oil licensing round as investment talks open
Pertamina is seeking producing and near-production oil assets abroad, VP for upstream business development Toriq Abdat said following talks with Nigeria’s upstream regulator.
Senegal and Zimbabwe test energy sovereignty against financing constraints
Senegal wants to use oil and gas revenues to reduce power costs, expand electricity access and support domestic industry, while Zimbabwe seeks investment in generation and grid upgrades.
Uganda expects first oil revenues to ease borrowing, bolster forex reserves
Uganda expects about UGX1.5 trillion ($388mn) in initial oil revenue in FY2026/27 as Kingfisher, Tilenga fields move towards first production and exports via the East African Crude Oil Pipeline (EACOP).
Brent falls below $102 on prospect of Trump-Pezeshkian meeting
Brent fell below $102 on September 21, an 11-day low, as Trump signalled openness to meeting Pezeshkian in New York and Saudi exports recovered to above 4mn barrels a day.
TotalEnergies is officially planning a return to Venezuela
French major TotalEnergies is the latest international oil producer to sign an agreement to return to Venezuela
Qatar creates QIA domestic arm as Hormuz closure squeezes LNG revenue
Qatar's sovereign wealth fund has set up Doha Investment to manage 45 state-owned companies at home, a turn inward for a fund built to invest abroad as the Hormuz closure chokes LNG exports.
Two crew hurt as tanker hit by projectile in Strait of Hormuz
Two crew were injured when a tanker was struck by an unknown projectile in the Strait of Hormuz, the fourth attack there in 11 days as Iran enforces its claim over the waterway.
Tinubu urges Nigerian states to accelerate CNG, electric transport rollout, amid drive to cut fares
Nigerian President Bola Tinubu has urged the country's 36 state governments to accelerate compressed natural gas (CNG) and electric transport programmes
Harbour Energy sees Argentina as growth market, with focus on Vaca Muerta and LNG
Harbour Energy sees Argentina as one of its main markets for future growth, with Chief Executive Linda Cook highlighting the potential of Vaca Muerta and liquefied natural gas as the British oil producer expands its operations.
Milei sends tougher Falklands sanctions bill to Congress as Argentina-UK tensions rise
Argentine President Javier Milei sent Congress on September 17 a bill to strengthen sanctions against companies and individuals involved in unauthorised natural-resource activities around the Falkland Islands amid growing tensions.
Ghana prepares exploratory well in Voltaian Basin, eyes fresh commercial oil and gas investment
Ghana is preparing to drill a key exploratory well in the Voltaian Basin, a step that could help determine whether the country’s largest sedimentary basin can attract commercial oil and gas investment.
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