Latest Stories

London's marine insurance market expands “high risk” reporting requirements to whole of Black Sea

18 September 2026

London's marine insurance market has expanded “high risk” reporting requirements to the whole of the Black Sea area amid the escalating Russia-Ukraine war, which is bringing an increasing amount of attacks on commercial shipping by both sides.

IMF, Mozambique continue talks on new programme as fiscal pressures persist

18 September 2026

In their latest debt sustainability analysis, the IMF and World Bank cautioned that LNG revenues remain a medium-term prospect and that further delays to the projects would add to Mozambique’s debt vulnerabilities.

Exxon in talks to return to Venezuela's Orinoco Belt after nearly 20 years

18 September 2026

ExxonMobil is negotiating a return to Venezuela nearly two decades after exiting the country, showing interest in the Petromonagas heavy-oil project in the Orinoco Belt and adjacent areas of the Carabobo block

Ukraine reconsidering partial gas exports, UBN reports

18 September 2026

Ukraine is reconsidering a partial lifting of its ban on domestically produced gas exports, Ukraine Business News reported on September 18.

Benin gas pipeline serving $1.5bn Glo-Djigbé Industrial Zone reportedly nearing commissioning

18 September 2026

The 30km natural gas pipeline that will link the $1.5bn Glo-Djigbé Industrial Zone to the West African Gas Pipeline aims to meet rising manufacturing sector demand.

Nigeria wins ICC arbitration against Sunrise over Mambilla hydropower project, cites $3.38bn exposure

18 September 2026

Nigeria's presidency said the settlement-related claim had risen to about $680mn including interest and was linked to another arbitration in which Sunrise has sought more than $2.7bn over the underlying Mambilla contract.

Germany’s AfD asks Kremlin to turn Russian gas back on, Hungary prepares to turn it off

18 September 2026

Berlin and Budapest are moving in opposite directions. Germany’s AfD (Alternative für Deutschland) riding high on a recent election victory is in talks with the Kremlin on turning Russian gas supplies back on, while Budapest will turn it off.

DRC mining growth exposes power, rail and processing bottlenecks

18 September 2026

The DRC’s copper, cobalt and lithium boom is increasing pressure on power, rail and processing infrastructure as miners invest in private energy systems and the Lobito Corridor expands.

Chile eyes ethanol blend to cut $107mn fuel bill as oil prices squeeze budget

18 September 2026

Chile is weighing adoption of ethanol-blended petrol as this year's oil price spike strains the economy and public finances

Senegal accelerates gas-to-power strategy to cut electricity costs, fuel imports

18 September 2026

Senegal is accelerating its gas-to-power strategy, using offshore gas, new pipelines and gas-fired generation to replace imported fuel oil and cut electricity costs and subsidy exposure.

India's clean-energy surge holds power-sector emissions flat for two years

18 September 2026

Carbon dioxide emissions from India's power sector were no higher in the first half of 2026 than two years earlier, as a record expansion of solar and wind absorbed the entire increase in electricity demand, according to analysis for Carbon Brief...

Mauritius launches international tender for 15-20 MW wind and battery project

18 September 2026

Mauritius’ Central Electricity Board has opened an international tender for electricity from a 15-20 MW hybrid wind and battery storage facility at Plaine-des-Roches.

TotalEnergies agrees $1.8bn GIP partnership tied to African infrastructure assets

18 September 2026

TotalEnergies agreed the partnership with BlackRock’s Global Infrastructure Partners covering interests in African oil and gas infrastructure, with payments linked to throughput for up to 15 years.

Tanker hit by projectile in Strait of Hormuz as Iran claims strike on Togo-flagged tanker

18 September 2026

A tanker was hit by an unknown projectile in the Strait of Hormuz on September 18, sparking a fire, as Iran's IRGC claimed it struck the Togo-flagged Trend for transiting without permission.

Bapco attracts $10mn bid in Bahrain government tender round

18 September 2026

Bahrain government tenders drew bids across manpower provision, heritage maintenance and engineering consultancy, with the highest bid exceeding $10mn for a Bapco Supply station staffing contract.

Ukraine reconsiders partial gas exports as domestic prices fall and EU prices rise

18 September 2026

Ukraine's government is reconsidering a partial resumption of natural gas exports as domestic prices fall further below European levels and producers seek additional foreign-currency revenues.

Ukraine plans $2.2bn in energy sector support in 2027

18 September 2026

Ukraine's draft 2027 state budget envisages UAH97.3bn ($2.2bn) in programmes to support the energy sector, with the largest allocation aimed at protecting and restoring infrastructure damaged by Russian attacks.

Azerbaijan's BTC pipeline oil transit falls 8.8% in Jan-Aug, crude exports to India surge 300-fold

18 September 2026

Azerbaijan transported 16,746,000 tonnes of oil via the Baku-Tbilisi-Ceyhan (BTC) export pipeline running to the Turkish Mediterranean port of Ceyhan in the first eight months of 2026, with the flow down 8.8% y/y.

Azerbaijan's wind power output jumps 2,080%, chemical production falls

18 September 2026

Azerbaijan generated 726.7mn kWh of electricity from wind power in 8M26, with the ouput equivalent to a 2,080% increase year on year, according to a report on State Statistics Committee data.

Ghana’s SOL Energy wins provisional BIDEC approval as parent Star Oil eyes bulk fuel market

18 September 2026

Star Oil subsidiary SOL Energy has received provisional approval towards a Ghana BIDEC licence, potentially giving the fuel retailer greater control over procurement and wholesale distribution amid rising supply costs.

Nigeria opens 3MW solar-battery system at Abuja’s Yakubu Gowon University

18 September 2026

Nigeria’s government commissioned a 3MW solar hybrid power project at the University of Abuja, combining photovoltaic generation, battery storage and grid supply in a system intended to improve electricity reliability on campus

Egypt’s EGPC reports 63 oil and gas discoveries in FY 2025/26, upstream investment hits $4.5bn

18 September 2026

The Egyptian General Petroleum Corporation (EGPC) recorded 63 new oil and gas discoveries during FY 2025/26, comprising 48 oil finds and 15 gas discoveries, as refinery utilisation exceeded 80% and exploration expanded in the Western Desert.

Singapore's Delixy plans up to 48% stake in Kazakhstan oil and gas project

18 September 2026

Singapore-based oil products trader Delixy Holdings plans to acquire or merge into up to 48% of Tarbagatay Munay, the Kazakhstan operator of the Sarybulak oil and gas field in East Kazakhstan, under a non-binding letter of intent.

South Korean YPP considers $2bn green hydrogen and ammonia project in Kazakhstan

18 September 2026

Korea's YPP Corporation is considering establishing a $2bn green hydrogen and ammonia complex in Kazakhstan’s East Kazakhstan Region, with planned annual production of up to 55,000 tonnes of green hydrogen or 310,000 tonnes of green ammonia.