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Russia orders stronger protection, faster repairs for refineries amid Ukrainian drone strikes
Russia has ordered stronger protection for oil refineries and faster repairs at damaged plants as the government steps up measures aimed at safeguarding domestic fuel supplies, amid relentless drone strikes by Ukraine against its refineries.
Russia ramps up oil shipments to Asia via Northern Sea Route
Two such transfers involving oil shipped through the Russian Arctic took place in the Sea of Japan on September 7.
Russia's oil refining down, but shortages drive up revenues anyway
Russia spent August buying gasoline from a refinery it part-owns in India, transferring it between sanctioned tankers off Egypt and unloading it at an Arctic port, because its own refineries can no longer make enough of it.
Eni, Vitol target Ghana oil revival with offshore blocks
Eni and Vitol are moving towards new offshore exploration agreements in Ghana as the West African producer tries to reverse an oil-output decline that has persisted since 2019.
Yemen's Houthis claim major west-coast gains as government forces report advances
Yemen's Houthis claim to have seized more than 5,400 sq km from Saudi-backed government forces in Taiz and Hodeidah, a claim the internationally recognised government rejects while reporting its own advances, in the heaviest fighting since 2022.
Angola projects more than $70bn oil and gas investment as majors sign deepwater deals
Angola projects more than $70bn in oil and gas investment over five years as Shell, Chevron, TotalEnergies, ExxonMobil and other majors sign new deepwater exploration agreements.
Ukraine strikes deep into Russia's Siberian gas heartland
Ukraine’s deepest strike yet into Russia has brought its Arctic gas heartland — and potentially Yamal LNG — within reach.
ExxonMobil picks Saipem-Jan de Nul for upstream work at Rovuma LNG project in Mozambique
ExxonMobil Mozambique has selected a consortium of Italy’s Saipem (BIT: SPM) and Belgium’s Jan de Nul for the upstream engineering, procurement, construction and installation (EPCI) contract for the Rovuma LNG project in Mozambique’s Area 4.
Zambia president urges Vedanta to speed up power investment as KCM targets higher copper output
Zambian President Hakainde Hichilema has urged mining group Vedanta Resources to accelerate investment in power generation as the government targets 10,000MW of electricity capacity under its second-term Grow Zambia Agenda.
Tanzania courts PowerChina investment as it targets 8GW generation by 2030
Tanzania is seeking private investment, including from the Chinese state-controlled engineering group PowerChina, as it targets 8GW of generation capacity by 2030 amid rapidly rising electricity demand.
Côte d’Ivoire formalises PETROCI subsidiary to operate Espoir oilfield
Côte d’Ivoire's government has authorised the creation of PETROCI CI-26, a wholly owned subsidiary of state-owned PETROCI Holding, to take over and operate Block CI-26, which contains the Espoir oilfield.
Zimbabwe’s Verify Engineering seeks investors for 100-MWh lithium battery plant
The state-owned company is separately studying a much larger lithium-chemicals project expected to cost more than $150mn.
Corcel secures Angola approval to lift KON-16 stake ahead of 2027 drilling
Africa- and Latin America-focused energy company Corcel (AIM: CRCL) has received final Angolan government approval to consolidate its controlling interest in onshore oil and gas Block KON-16 as it prepares for exploration drilling in 2027.
Chevron plans more Angola Block 0 investment as LNG throughput reaches 1bn cfpd
Block 0 is among Angola’s longest-producing and most important offshore concessions. Its licence was extended in 2021 by 20 years to 2050, giving Chevron and partners a longer runway to develop new discoveries and replace ageing infrastructure.
Greece's Energean and Israel's Sorek power station signs 15-year gas supply deal
Greek energy producer Energean has signed a 15-year gas supply agreement with Israel's Sorek power station covering 7.7 bn m3.
Tavion raises €34mn to accelerate Polish battery park build-out
Indonesian tech firm partners with Swedish company to build flexible solar panel manufacturing facility
Expanding domestic renewable energy manufacturing capabilities, Indonesian technology firm PT Metalogika Rekayasa Sistem has signed a binding investment and industrialisation framework agreement with Swedish solar energy developer Midsummer AB
Lithuania's Ignitis plans 10 US LNG cargoes from EQT in 2027-36 deal
Africa Energy Bank launch pushed to November after latest delay
The long-delayed AEB is now being targeted for a November launch, two months later than its most recent official timetable, as African governments push to build a new source of financing for oil, gas and other energy projects across the continent.
Romania's Hidroelectrica awards €56mn contract for battery storage at Iron Gates II
QatarEnergy agrees planned 30% stakes in two Angola offshore blocks
The agreement, concluded with Angola's petroleum concessionaire and regulator, covers Blocks 8 and 22 offshore Angola.
Philippine manufacturer converts factories to zero-carbon energy
ACS Manufacturing Corporation signed a retail electricity supply agreement with ACEN RES to power two factories in Laguna using 100% renewable energy.
Bannerman raises $89.6mn to fund Namibia uranium project Etango
Australian uranium developer Bannerman Energy has raised $89.6mn to help fully fund construction and ramp-up of its 95%-owned Etango uranium project in Namibia.
Watchdog warns Philippines outage limits threaten energy supply
The Institute for Climate and Sustainable Cities (ICSC) cautioned that updated power plant outage limits will weaken incentives for electricity generators to boost operational reliability, as the Visayas and Mindanao regions face grid alert.
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