Latest Stories

Gazprom's Central Asian gas supplies rise nearly 70% in 2026

9 September 2026

Gazprom has increased gas supplies to Kazakhstan, Kyrgyzstan and Uzbekistan by nearly 70% so far in 2026, chief executive Alexey Miller announced on September 4, though he did not disclose volumes for individual countries.

Colombia reviews $1.35bn solar programme as US nuclear cooperation expands

9 September 2026

Colombia is reviewing a $1.35bn (COP4.2 trillion) solar programme after Energy Minister María Nohemí Arboleda said its implementation and contracts require clarification, while Colombia and the US expanded cooperation on civilian nuclear energy

UK-based Kisto Energy makes Oman upstream debut

9 September 2026

UK-listed Kistos has formally entered Oman’s upstream energy sector after securing legal ownership of a 20% interest in producing Blocks 3 and 4, Oman Daily Observer reported on September 9.

Bannerman launches $90mn placement to fund share of Namibia uranium project Etango

9 September 2026

Bannerman Energy has launched a $90mn underwritten placement that, together with CNNC funding and existing cash, is expected to fully fund its share of Namibia’s Etango uranium project through construction and ramp-up.

Mexico sets 15-year roadmap to hold oil output at 1.8mn bpd

9 September 2026

Mexico's federal government aims to sustain national liquid hydrocarbons production at 1.8mn barrels per day through 2039, part of a strategy to strengthen domestic supply and cut reliance on fuel imports.

Bolivia opens door to private crude imports to ease fuel shortage

9 September 2026

Bolivia will allow state and private refineries to import crude oil to produce diesel and petrol and sell them at unsubsidised prices, under Supreme Decree 5701 published in the Official Gazette.

Fitch warns Mexico's economic woes could weigh on Pemex credit profile

9 September 2026

Macroeconomic risks facing Mexico (rated BBB-) could spill over into the credit rating of state oil company Pemex (BB+), according to Saverio Minervini, Fitch Ratings' head of corporate ratings for Latin America, in comments to Bloomberg Línea.

EBRD provides $207mn loan to Turkey’s Enerjisa Enerji

9 September 2026

The EBRD is providing a loan of $ 207mn to Enerjisa Enerji (IST: ENJSA), Turkey’s leading electricity distribution company, to support the modernisation and expansion of its distribution networks.

British BP, Azerbaijan’s Socar advance Uzbekistan’s Ustyurt exploration towards drilling

9 September 2026

British energy group BP (LSE:BP) and Azerbaijan’s state oil company Socar are preparing to move to the next stage of hydrocarbon exploration in Uzbekistan’s Ustyurt region.

IFC mulls $40mn senior-debt investment in Camco's African renewable energy fund REPP 2

9 September 2026

IFC, the World Bank Group's private-sector arm, is considering a senior-debt investment of up to $40mn in Camco REPP 2, a private debt fund financing SME renewable-energy projects across sub-Saharan Africa.

Nigeria’s NNPCL denounces illegal use of company logo

9 September 2026

The Nigerian National Petroleum Co. Ltd. (NNPCL) has promised to pursue legal action against individuals using its corporate identity without permission following the discovery of a truck filled with cannabis.

Iraq reports Panama-flagged tanker hit in territorial waters

9 September 2026

A Panama-flagged tanker carrying fuel oil was struck by an unidentified source in Iraqi territorial waters on September 9, causing material damage to the vessel but no casualties or reported fuel leakage.

Iraq’s Samawah refinery begins trial pumping to new oil depot

9 September 2026

Technical and engineering teams at Iraq’s Samawah Refinery began trial pumping of petroleum products to the new Samawah depot in Muthanna province on September 9, using a temporary pumping station.

Malawi pushes ahead with repeatedly delayed fuel-storage expansion despite forex shortages

9 September 2026

Malawi is pressing ahead with a repeatedly delayed plan to double strategic fuel storage capacity to 120mn litres despite persistent foreign-exchange shortages that have sometimes left the country with less than a week’s actual fuel cover.

Turkey, Russia sign memorandum on mineral fertiliser shipments

9 September 2026

Turkey and Russia have signed a memorandum of understanding (MoU) on mineral fertiliser shipments, with Ankara looking to strengthen access to fertilisers and related raw materials.

Santos sinks first well in Beetaloo appraisal campaign in Australia

9 September 2026

Drilling follows approval in May of the environmental management plan for the appraisal programme by the Northern Territory government.

New Zealand offers state loans to two gas projects in bid to slow output decline

9 September 2026

New Zealand's government has approved up to NZ$23.5mn ($13.8mn) in loans for two Todd Energy gas projects in Taranaki, marking the first investments from its NZ$200mn Gas Security Fund as the country seeks to arrest declining domestic supply.

Australia softens rules of domestic gas reservation scheme

9 September 2026

Australia's government has softened its proposed domestic gas reservation scheme, replacing a fixed requirement for LNG exporters to supply gas equivalent to 20% of exports to local buyers with an obligation of up to 20%.

Amplitude hits high-quality net gas pay at well in Australia's offshore Otway basin

9 September 2026

Australian gas producer Amplitude Energy has intersected 49 metres of interpreted high-quality net gas pay at the Juliet-1 exploration well in the offshore Otway basin, potentially adding new supply to its planned East Coast supply project.

Japan's Osaka Gas completes first ship-to-ship LNG bunkering in Osaka Bay

9 September 2026

Japanese utility Osaka Gas (TSE:9532) has completed what it said was the first ship-to-ship (STS) LNG bunkering operation in Osaka Bay, supplying an LNG-fuelled car carrier at the Port of Kobe.

Indonesian oilfield equipment supplier Sunindo Pratama wins local casing contract

9 September 2026

Indonesian oilfield equipment supplier Sunindo Pratama has won a $3.19mn contract from Pertamina EP to supply casing for its Regional 1 operations.

Elnusa wins two South Sumatra 3D seismic projects in Indonesia

9 September 2026

Indonesian energy services firm Elnusa has secured two 3D seismic survey projects covering around 150 square km in Musi Banyuasin, South Sumatra.

Prima Energy restarts well at Camar oilfield off Indonesia

9 September 2026

Indonesia's Prima Energy has restarted the CS-1 well at the Camar oilfield in the Madura Strait off Indonesia, with initial testing yielding around 400 barrels per day after the well had been idle since 2013.

Offshore driller Ventura scores $58mn contract with Petronas for deepwater well off Indonesia

9 September 2026

Offshore drilling contractor Ventura Offshore has secured an estimated $58mn contract from Malaysia's Petronas for a one-well ultra-deepwater drilling programme in Indonesia.