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Iraq targets 1mn bpd in oil exports via Syria, Turkey
Iraq plans to increase its oil export capacity through Syria and Turkey’s Ceyhan port to more than 1mn barrels per day (bpd).
Ukraine moves toward full integration of its electricity market with Europe
Ukraine is moving towards deeper integration of its electricity market with the EU after national power grid operator Ukrenergo, the Market Operator and the Ukrainian Energy Exchange signed memoranda on cooperation to prepare for market coupling.
Argent LNG signs Albania deal for regional Adriatic LNG terminal
US energy company Argent LNG has signed a memorandum of understanding with Albania to jointly develop a large-scale liquefied natural gas (LNG) storage and regasification terminal on the country's Adriatic coast, the company...
4,000 tonnes of turbine components delivered for Bosnia's VP Baljci wind farm
Germany-based international logistics service provider Rhenus has completed a logistics operation supporting the construction of the 48-megawatt VP Baljci wind farm in Bosnia & Herzegovina, moving about 4,000 tonnes of turbine...
Mexico cuts Pemex aid as financial pressure mounts
Mexico is cutting Pemex’s direct debt support sharply in 2027, testing whether years of state intervention have put the oil giant on a path towards genuine financial independence.
Ghana power reform puts ECG concession scope under scrutiny
Ghana is preparing to clarify how far private investors will be allowed into its state-owned electricity distributor, as persistent revenue losses keep the power sector a major fiscal risk.
Nigeria regulator warns flare-gas awards could be revoked after one-year progress review
Nigeria’s upstream petroleum regulator has warned that awards under the Nigerian Gas Flare Commercialisation Programme (NGFCP) could be revoked where developers fail to show sufficient progress at a review conducted one year after an award
Zimbabwe authorises Intratrek to proceed with 100MW Gwanda solar project after years of delays
The Gwanda project is one of Zimbabwe’s longest-delayed power investments and part of the government’s push to reduce reliance on imports and diversify generation away from hydroelectricity.
QatarEnergy secures exploration rights for two Angolan offshore blocks
QatarEnergy has signed a memorandum of understanding for exploration rights over two offshore blocks in Angola.
Rashal Energies targets January 2027 completion for Dar es Salaam gas pipeline serving industrial plants
The project is part of Tanzania’s push to expand domestic use of its natural gas resources, cut reliance on more expensive fuels and extend gas access to industry, transport and households in Dar es Salaam.
Venezuela continues to weigh impact of US oil deal
The recently announced oil deal between the US and Venezuela continues to draw significant attention as politicians and analysts assess its likely impact.
Israel's Tamar Petroleum extends MoU on natural gas exports to Egypt
Tamar Petroleum has extended the validity of a non-binding memorandum of understanding covering natural gas exports from the Tamar project to Egypt, pushing the deadline to 31 October 2026.
YPFB commits $9mn to new oil well in bid to boost Bolivian reserves
Bolivia's state oil company YPFB is investing $9mn to drill the SRB NO-6 development well in the Surubí-Mamoré area, aiming to raise crude reserves in the Surubí Noroeste structure, the company said.
Argentina's Neuquén and oil companies agree $154mn road works for Vaca Muerta
Neuquén’s provincial government and 13 oil companies signed an agreement on Tuesday to finance $154mn in road construction and resurfacing works covering 166 kilometres of routes connected to Vaca Muerta.
Nigerian manufacturers’ H1 2026 alternative-power spend matches full-year 2025
Nigerian manufacturers spent as much on alternative energy in the first half of 2026 as they did throughout 2025, when expenditure reached NGN1.34 trillion ($1.01bn), according to the Manufacturers Association of Nigeria.
Argentina expands sanctions process to 15 more people over Falklands oil activities
Argentina has opened sanction proceedings against 15 additional people over alleged unauthorised oil activities in the Falkland Islands, expanding a list already targeting 45 companies and individuals over the dispute involving the remote archipelago
YPF refinances debt as S&P lifts forecasts, keeps rating capped on Argentina risk
Argentine state energy company YPF has launched a debt refinancing operation involving the issuance of up to $1bn in new senior unsecured bonds and a cash offer to repurchase up to $500mn of existing notes due in 2027 and 2029.
Falklands oil dispute escalates as Milei targets Sea Lion amid new leverage for Argentina
Argentina has moved to intensify its campaign against offshore oil development near the Falkland Islands.
Synhelion signs MoU with Morocco for $1bn synthetic fuel plant
Dangote’s planned $16bn Kenya refinery faces crude supply, financing hurdles
The Kenyan president’s chief economic adviser said the refinery in Lamu could eventually source about 600,000 bpd from Kenya, Uganda and South Sudan, which would cover about 86% of nameplate capacity.
Mexico sets out 15-year roadmap to hold oil output at 1.8mn bpd as Pemex remains under pressure
Mexico's federal government aims to sustain national liquid hydrocarbons production at 1.8mn barrels per day until the end of 2039.
India’s KEC International wins second Ethiopia grid contract in six months
Indian infrastructure contractor KEC International has secured a 177km transmission-line contract in Ethiopia, its second grid EPC award in the Horn of Africa country within six months.
Petrobras cleared to drill additional wells at Morpho discovery site
Brazil's environmental regulator Ibama has granted Petrobras permission to drill three additional wells in the block where the company made the Morpho oil discovery.
Armenia to discuss new nuclear plant with Rosatom
Armenia will hold talks with Russia’s state nuclear corporation Rosatom in September over proposals for a new nuclear power plant, as Yerevan weighs options for replacing its ageing Soviet-era reactor.
EIA sees gradual Middle East oil recovery, keeps Azerbaijan output forecast flat
The US Energy Information Administration (EIA) expects Middle East oil production to rise gradually in the coming months but says output will not return to pre-conflict average levels before the second quarter of 2027.
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