Latest Stories

Clean energy becomes essential to Cambodia’s export competitiveness

Cambodia’s garment, footwear and textile (GFT) industry faces mounting pressure to shift towards renewable electricity as international buyers increasingly make it a condition of doing business

US firms Heeney Capital, Continental Resources sign new Venezuela energy deals

Venezuelan authorities signed agreements on September 16 granting New York-based investment firm Heeney Capital operational and export rights to a gold mine, while US independent Continental Resources signed a memorandum of understanding

Ecopetrol approves government-led board overhaul at country's top oil company

Shareholders of Ecopetrol, Colombia's state-controlled oil company, approved on September 15 a sweeping board overhaul proposed by President Abelardo de la Espriella's government, installing six new directors

Solar, wind shares in Turkey’s energy mix surge

Turkey has sharply expanded the role of solar and wind power in its electricity mix over the past decade, with solar's share rising 28-fold and wind's share more than doubling.

Pemex renames Cuba oil shipper twice as crude exports quietly stop

Mexican state oil company Pemex has renamed the company it uses to ship fuel to Cuba for the second time in under six months, while sharply scaling back exports to the island, an SEC filing shows.

Eastern Africa advances $1.6bn power-trade push with Ethiopia set to double Kenya exports

Eastern African countries are expanding cross-border electricity trade under a $1.6bn World Bank-backed programme, with Ethiopia preparing to double power exports to Kenya to 400 MW.

Africa GreenCo raises $11.5mn to expand Southern Africa power trading

Africa GreenCo has secured another $11.5mn from PIDG and Impact Fund Denmark, taking its latest fundraising to $21.5mn as it expands renewable-power trading across Southern Africa.

Iraq seeks higher Qayyarah crude output with Sonangol

Iraq’s Oil Ministry and Angola’s Sonangol discussed plans to develop the Qayyarah oilfield in Nineveh province and increase crude oil production.

All On invests $5mn in PowerGen to expand Nigeria mini-grids

Impact investor All On has invested $5mn in PowerGen Renewable Energy Nigeria to expand mini-grids and improve electricity access.

Bradda Head agrees up to $1.8mn deal for Tanzania uranium licences

Guyana's Gas-to-Energy project poised to transform local electricity supply

Guyana's Gas-to-Energy project is set to not only bolster the country’s electricity supply, but also provide a critical component of transmission infrastructure currently lacking in the South American country.

Azerbaijan's oil exports fall 7.8% by volume in Jan-Aug as prices for other products surge

Turkey's Fidan, Azerbaijan's Bayramov discuss Black Sea security, energy and trade in Baku talks

Kenya Power electricity sales hit four-year high as demand surges

Kenya Power and Lighting Company PLC (NSE:KPLC) sold 12,792.42 gigawatt-hours (GWh) of electricity in the year ended June 2026, up 12.2% from 11,403 GWh a year earlier

Iran lines up $22.9bn oil, gas projects under Pezeshkian

Iran has signed $22.9bn in oil and gas development contracts since President Masoud Pezeshkian took office in August 2024, seeking to ramp up output after war and regional tensions have driven production down.

Saudi Arabia cancels European crude cargoes after pipeline attack

Saudi Arabia has cancelled some September crude cargoes to European buyers and suspended loadings at Yanbu after a drone attack shut the East-West pipeline, with physical cargoes in Europe topping $120 a barrel.

North African hydrocarbon producers turn to mature fields as Europe seeks new supplies

North African oil and gas producers are investing in mature assets to lift output and respond to changing European demand.

Milei plans tougher sanctions on firms operating in Falkland Islands

Argentine President Javier Milei is preparing legislation to tighten sanctions on companies operating in the Falkland Islands (also known as Malvinas), as his government expands legal and commercial pressure over Argentina’s sovereignty claim.

New 117 MW wind power plant planned in Ukraine's Khmelnytskyi region

Russia strikes Ukrainian power facility as fuel importer expands filling station network

Namibia signals approval for African Critical Elements’ takeover of dormant Karibib lithium project

The proposed deal involves ACE acquiring the entire issued share capital of Lepidico Holdings (Canada), which indirectly controls the Karibib project through its Namibian subsidiary, Lepidico Chemicals Namibia (Pty) Ltd.

Iran signals petrol quotas may change over fuel shortage

The Iranian government has left open the possibility of changing its heavily subsidised petrol quotas in the future, its spokeswoman said, as the country grapples with a widening gap between domestic fuel consumption and production.

Equatorial Guinea awards Transocean $80mn ultra-deepwater drilling contract

Transocean has secured an $80mn two-well drilling contract in Equatorial Guinea for its "Deepwater Conqueror" ultra-deepwater drillship, with the campaign due to begin in 2027.

Kenya discusses Turkana pipeline and 1,000-MW LNG plant alongside $16bn Dangote refinery

Kenya says construction of Dangote’s planned $15bn-$16bn Lamu refinery will begin on September 30, with talks also under way on a Turkana crude pipeline and 1,000-MW LNG power plant.

Hyundai Engineering signs agreement for Kazakhstan gas processing facility

Hyundai Engineering (KRX: 000720) has signed a project implementation agreement with Kazakhstan’s state-owned gas company QazaqGaz (KZTG: KASE) for the Karachaganak Gas Processing Facility, which will process 5bn cubic metres of raw gas annually.