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Croatia proposes new framework to speed up energy georesources investment
Croatia's government sent parliament a draft law on September 17 creating a unified framework for exploring and exploiting energy georesources, including oil, gas, geothermal energy and underground carbon storage, as it seeks to...
Iran ends diesel imports thanks to domestic output rise
Iran has stopped importing diesel as increased refinery feedstock and processing upgrades boost domestic production, Oil Minister Mohsen Paknejad said.
US rejects Iran's Hormuz mine claim as vessel traffic stays 90% below normal
US Central Command has rejected an Iranian claim that a Panama-flagged tanker hit a mine in the Strait of Hormuz, saying Iranian weapons struck the ship twice.
Private traders ship Ukraine's surplus gas to Europe as storage tops 15bcm
Private traders have started exporting surplus gas from Ukraine's underground storage to Europe, as stocks run above expectations and domestic demand falls, Ukraine Business News reported.
Guyana more than doubles its 2026 oil revenue forecast to $6.5bn
Guyana expects to earn $6.5bn from oil sales and royalties in 2026, more than twice its previous estimate of $2.7bn, the government said on September 14.
Only two-thirds of Iran's power capacity delivers at peak demand, analysis finds
Only about two-thirds of Iran's nominal generating capacity was supplying the grid at peak demand, energy researcher Arya Kia wrote for the Bourse & Bazaar Foundation on September 8.
Pemex completes repair of Ek-Balam subsea pipeline after Gulf of Mexico oil spill
Petróleos Mexicanos (Pemex) has completed repairs to the subsea pipeline at its Ek-Balam field, following damage to a section that caused a crude oil spill some 46 nautical miles off Ciudad del Carmen, in Campeche state.
China's Ulanqab plans 5mn server racks in AI compute race with US
A remote prefecture in China's Inner Mongolia is becoming a global centre of AI computing power, commentator Arnaud Bertrand wrote on X on September 14.
YPFB launches $12mn pilot project at Montecristo-9 well to boost Bolivia's gas output
Bolivia's state oil company YPFB began completion and production testing at the Montecristo-9 (MTC-9) well in Okinawa, Warnes province, Santa Cruz department, with an estimated $12mn investment.
Borr Drilling exits Mexican joint venture to streamline structure
Borr Drilling sells its 51% stake in Mexican JV Perfomex to its local partner but keeps its three jack-up rigs under bareboat charters with Pemex, simplifying its structure as it expands its independent fleet across Mexico's shallow-water market.
ZESCO signs 25-year PPA for $519mn Zambia solar investment
ZESCO has signed a 25-year PPA with EnerSynk for a $519mn, 500MW solar project in Zambia’s Copperbelt, though financing has yet to reach financial close.
Guyana cannot tear up Exxon's Stabroek deal, President Ali says
Guyana's president rules out renegotiating ExxonMobil's Stabroek Block deal, citing contract sanctity, as new PSA terms apply only to future licences.
Guyana to launch national petroleum data repository in fourth quarter
Guyana will launch a centralised petroleum data repository in Q4 2026, consolidating seismic and drilling data as it prepares for fresh offshore licensing rounds.
ADNOC agrees to buy 72mn barrels of discounted Iraqi crude
Abu Dhabi National Oil Company (ADNOC) agreed, through its trading arm, to buy 72mn barrels of Iraqi crude for August and September at discounts of $18 to $27 per barrel.
Ghana Gas targets early-2027 decision on $500mn west-east pipeline to Tema industrial hub
Ghana Gas is targeting an early-2027 investment decision on a $500mn, 278-km west-east pipeline as Ghana prepares for rising domestic gas demand.
Hormuz shipping dwindles as Saudi crude flows through Oman workaround
Commercial shipping through the Strait of Hormuz has dwindled to near-standstill levels, even as alternative Saudi oil flows through Oman gather momentum, multiple media channels reported on September 17.
Jordan Cabinet approves €110mn EU grant for economic modernisation
Syria sets tiered diesel prices ahead of refinery restarts
Syria will introduce several diesel grades at different prices and specifications, while preparing to restart small-scale local refineries with a combined crude-processing capacity of up to 35,000 barrels per day.
Nigeria's $1.6bn Dangote refinery IPO overwhelms fintech platforms as retail investors rush in
Nigeria’s $1.6bn Dangote refinery IPO has overwhelmed investment platforms as retail demand surges, while broker valuations highlight risks around margins, crude supply and a planned $14.3bn expansion.
Iranian parliament committee works through Hormuz shipping bill clause by clause
Iran's parliamentary national security committee is working through a bill on the Strait of Hormuz clause by clause, covering a ban on vessels from hostile states and fines of up to 20% of cargo value.
Venezuela turns G20 energy forum into platform for US oil investment
Venezuela used the G20 energy meetings in Houston to deepen its oil partnership with Washington, as US companies move to secure projects across the country’s vast but underdeveloped reserves.
Nigeria targets October launch for 2026 oil, gas licensing round as output drive accelerates
Nigeria plans to launch its 2026 upstream licensing round in October as regulators accelerate acreage auctions, tighten bidder requirements and seek higher, NUPRC chief says
Continental Resources signs deal to explore Venezuela's Orinoco oil belt
Continental Resources, the oil producer controlled by US billionaire Harold Hamm, signed a non-binding agreement with Venezuela's state oil company PDVSA on September 16 to explore a heavy-crude field in the Orinoco Oil Belt.
Armstrong sees five-year wait for first oil from Venezuela offshore block
Armstrong Oil & Gas expects its 5mn-acre offshore Venezuela project could take around five years to reach first production if exploration identifies commercially viable reserves.
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