Latest Stories

Norwegian chemicals firm Yara launches Europe's biggest carbon capture project

8 September 2026

Norwegian chemicals firm Yara International has inaugurated what it describes as Europe’s largest industrial carbon capture facility at its Sluiskil ammonia and fertiliser complex in the Netherlands.

Italy’s Saipem wins contract linked to Turkey’s Sakarya gas field

8 September 2026

Italian energy services firm Saipem has secured a contract from GOE Petrol Sanayi to provide commissioning services for the Osman Gazi floating production unit.

Senegal’s Senelec denies planned power outages after West African Energy plant problem

8 September 2026

Senegal’s national electricity utility Senelec has denied an announcement of planned power cuts between September 7 and 13 that circulated widely in local media, a day after a separate technical problem at its West African Energy (WAE) power plant.

Guyana is hurtling toward its 2030 oil output target with Uaru leading the charge

8 September 2026

Guyana’s government wants oil production to reach 1.7mn barrels per day by the end of the decade; a target that appears possible due to the upcoming Uaru project.

Uzbekistan brings on stream Patron gas field

8 September 2026

Uzbekistan has discovered and already started production from the small Patron gas-condensate field in the southern Qashqadaryo region, as the country steps up exploration efforts to counter declining domestic gas output.

Iraq allocates $12.2mn to develop three border crossings as Syria trade surges

8 September 2026

The Iraq-Syria trade corridor has since expanded, with Syria’s General Authority for Borders and Customs reporting that more than 65,000 fuel tankers and 10,000 trucks crossed the Al-Tanf border by mid-August, carrying around 329,000 tonnes of goods.

Russian oil firm RussNeft expects 4% decline in output this year

8 September 2026

Russia’s RussNeft expects oil production to fall by around 4% this year despite a near-doubling of output at its key Vostochno-Kamennoye growth project in Western Siberia.

Russia's Portovyy floating LNG storage unit arrives in Vladivostok

8 September 2026

Gazprom’s Portovyy floating LNG storage unit has reached Vladivostok after completing a voyage along Russia’s Northern Sea Route, raising questions over whether the vessel is preparing to deliver LNG to Asia or undergo maintenance.

Russia destroys solar plants, but Ukrainian businesses continue investing millions in green energy

8 September 2026

Ukrainian businesses and banks are continuing to invest in renewable energy despite the destruction of power infrastructure by Russian strikes, with a state-owned lender providing more than €10mn to finance new solar generation and battery storage.

Namibia’s DBN says clean-energy financing tops $99mn, supports 81.6MW capacity

8 September 2026

The Development Bank of Namibia (DBN) has invested more than NAD1.58bn ($98mn) in clean energy projects since its establishment, supporting 81.6 megawatts of clean energy capacity, the Windhoek Observer reported on September 8.

Peru’s exploration collapse exposes a deeper hydrocarbons problem

8 September 2026

Peru’s hydrocarbons sector faces a reserve-replacement problem as exploration investment collapses 99%, putting future production and gas-based industrial development under pressure.

Peru cuts oil royalties to make Amazon oil investment more competitive

8 September 2026

Peru is cutting oil royalties at Block 131 to attract new investment, betting that lower fiscal costs can unlock production in mature and underexplored fields.

First Qatari LNG tanker crosses Strait of Hormuz since July

8 September 2026

A Qatari LNG tanker has transited the Strait of Hormuz for the first time since July, signalling the potential restoration of Doha’s export flows following the US-Iran war.

Nuclear generation hits fresh record as Asia drives expansion

8 September 2026

Nuclear reactors worldwide generated 2,702 TWh of electricity in 2025, up 35 TWh from 2,667 TWh in 2024.

Falklands oil dispute escalates as Milei targets Sea Lion and UK-backed companies

8 September 2026

Argentina has moved to intensify its campaign against offshore oil development near the Falkland Islands (also known as Malvinas), with President Javier Milei seeking tougher sanctions against companies involved in the Sea Lion project.

Navitas Petroleum begins drilling at new well in US project

8 September 2026

Navitas Petroleum has commenced drilling on the second development and production well at the Monument project in the US Gulf of Mexico.

South Africa sets end-2027 target for independent transmission operator outside Eskom

8 September 2026

The tender moves South Africa’s long-planned electricity-sector restructuring from policy into execution by setting an end-2027 target for separating the transmission operator from Eskom and forcing advisers to resolve complex financial issues.

Azerbaijan's renewables share to hit 34% by 2027

8 September 2026

Azerbaijan expects its renewable sources' share of installed generation capacity to rise to 34% by the end of 2027 from 21% currently, deputy energy minister Elnur Soltanov said at BCAW 2026.

Iran's Tiran and Karvan signs 240 MW of small-scale solar deals in two years

8 September 2026

Iran's Tiran and Karvan county in Isfahan has signed 240 MW of small-scale and household solar agreements over two years, 109 MW of it rooftop, part of a national push to expand renewables and ease chronic summer power shortages.

Kazakhstan approves $1.93bn power plant project in Kurchatov

8 September 2026

Kazakhstan’s government has approved an investment agreement with Kurchatov GRES to develop a 700-MW condensing power plant in Kurchatov, Abai Region, with an estimated investment of $1.93bn (KZT 881bn).

Kenya cuts thermal power use as rising demand pressures grid

8 September 2026

Kenya Power PLC (NSE: KPLC) cut purchases of costly thermal electricity by 11% in the six months to June 2026 while electricity imports surged 31% as rising demand increased pressure on the country's power system.

Moldova’s electricity purchase price rises to one-year high in August

8 September 2026

Moldova’s state-owned energy trader Energocom purchased electricity at a weighted average price of €156.8 per MWh in August, up 17% from July and 21% from a year earlier.