Latest Stories

Myanmar’s Thanlyin refinery targets higher domestic fuel output

11 September 2026

Myanmar’s Thanlyin refinery is preparing to start phased production as authorities simultaneously upgrade another major oil-processing facility.

Thailand unveils $1.5bn solar subsidy for households

11 September 2026

Thailand is offering households financial support for solar installations as the government seeks cheaper electricity and greater energy security

US-Cuba energy talks stalled over reform demands

11 September 2026

The Trump administration explored an energy arrangement with Cuba that would have linked US oil supplies and investment to major economic and political changes on the island, but resistance in Havana and opposition in Miami prevented a deal

Sanctioned Russian Arctic LNG 2 hits record output as shadow fleet expands

11 September 2026

Russia’s sanctioned Arctic LNG 2 project of gas major Novatek (NVTK) increased natural gas production to more than 27mn cubic metres per day in both July and August, nearly double the August 2025 level.

Repsol says it’s fully committed to Venezuela as oil output rises

10 September 2026

Repsol is maintaining its commitment to Venezuela as the country’s energy sector begins to recover, with the Spanish company seeking to sustain gas supplies for electricity generation while expanding hydrocarbon production

Colombia’s GeoPark plans $6.8bn investment in Venezuela’s Bare oil field

10 September 2026

Colombian oil producer GeoPark plans to invest $6.8bn over 25 years to develop Venezuela’s Bare field in the Orinoco Oil Belt, while keeping its focus on potential unconventional projects at home, Chief Executive Officer Felipe Bayón said

Rubio defends Venezuela oil pact as US pushes out foreign powers

10 September 2026

US Secretary of State Marco Rubio defended Washington’s new energy agreement with Venezuela, presenting the deal as a strategic shift that replaces the influence of China, Russia and Iran in the Western Hemisphere with US companies

Citgo faces new leadership uncertainty as Venezuela moves to reclaim control

10 September 2026

Citgo Petroleum is approaching another change in Venezuelan oversight as the government of interim President Delcy Rodríguez moves to dismantle the opposition-backed structure that has supervised the US refiner since 2019

Colombia's Gilinski set to take control of GeoPark through Venezuela oil deal

10 September 2026

Grupo Gilinski is set to become the controlling shareholder of GeoPark after the Colombian oil producer agreed to acquire the remaining 95% interest in a holding company linked to Venezuela’s Bare oil block

Trump says Venezuela oil deal secures 500 years of reserves for US

10 September 2026

US President Donald Trump said an oil agreement with Venezuela will give the United States access to 65bn barrels of reserves, which he described as equivalent to 500 years of supply

Venezuela oil output hits 1.2mn bpd in August, OPEC data shows

10 September 2026

Venezuela’s crude production averaged 1.201mn barrels per day (bpd) in August, according to figures submitted by the Ministry of Hydrocarbons and included in OPEC’s latest monthly report, highlighting the government’s push to restore output

Citadel reportedly seeking US shale assets

10 September 2026

US-based hedge fund and commodity trader Citadel has reportedly held talks to buy US shale oil production assets.

Canadian producers Tamarack Valley, Headwater to merge in $7.2bn transaction

10 September 2026

Calgary-based Tamarack Valley Energy has agreed to merge with fellow Canadian producer Headwater Exploration in an all-stock transaction is valued at CAD10bn ($7.2bn).

Namibia puts domestic industrialisation at centre of green hydrogen agenda

10 September 2026

Namibia is broadening its green hydrogen agenda towards domestic industrialisation, using renewable energy to support mineral beneficiation, green iron, manufacturing and higher-value exports.

Middle East war widens as Saudi Arabia and Houthis trade strikes

10 September 2026

Yemen’s Houthis launched fresh attacks on Saudi Arabia’s energy infrastructure this week, widening the war with Iran and injuring 73 people with a barrage of drones and missiles.

Enbridge to buy Tallgrass’ crude midstream assets for $2.55bn

10 September 2026

Enbridge is buying Tallgrass Energy’s crude oil midstream business for $2.55bn in cash.

Uzbekistan moves to reshape LPG supply system

10 September 2026

Uzbekistan is preparing to overhaul its liquefied petroleum gas (LPG) supply system. The Central Asian country is set to introduce market-based mechanisms and targeted subsidies, according to the presidential press service.

India's LOHUM ships first ore from Zimbabwe lithium deposits valued at $7bn

10 September 2026

The shipment marks LOHUM’s move into upstream mining and gives the Indian critical minerals company direct exposure to Zimbabwe’s lithium resources as Harare pushes miners towards greater domestic processing.

Serbia completes tender for Hungary oil pipeline

10 September 2026

Construction of an oil pipeline linking Serbia and Hungary is moving closer to starting after Serbian state oil pipeline operator Transnafta awarded a contract for expert supervision of the project.

ExxonMobil-led venture makes new offshore oil discovery in Angola's Block 15

10 September 2026

ExxonMobil (NYSE: XOM) and its partners have made a new hydrocarbon discovery in Angola’s Block 15, where the Vicango Este-01 well encountered about 25 metres of high-quality sandstone with 22% porosity, regulator ANPG said on September 9.

EU should let its gas storage mandate lapse in 2027, says the commissioner who wrote it

10 September 2026

The EU should loosen the gas storage filling requirements it imposed after Russia's invasion of Ukraine when the law expires at the end of 2027, according to several market watchers including the energy commissioner who introduced them.

Chile's renewable energy curtailment hits seven-month record despite storage boom

10 September 2026

Chile curtailed 2,680 GWh of solar and wind power in the first seven months of 2026, a new record for the January-July period and 1.6% higher than the same stretch of 2025.

Iraq targets 1mn bpd in oil exports via Syria, Turkey

10 September 2026

Iraq plans to increase its oil export capacity through Syria and Turkey’s Ceyhan port to more than 1mn barrels per day (bpd).