Latest Stories

Argentina escalates Falklands dispute as Trump leaves UK support in doubt

4 September 2026

Javier Milei has threatened sanctions on oil companies near the Falklands and promised new naval funding, hardening Argentina's claim days after Donald Trump declined to rule out shifting US policy on the islands.

Nigeria modular refineries supply just 2.5% of July diesel receipts

4 September 2026

Nigeria’s modular refineries supplied about 18.35mn litres of diesel to the domestic market in July 2026, equivalent to roughly 2.5% of the country’s total diesel receipts for the month

Mozambique power utility faces $76mn losses from extreme weather

4 September 2026

Mozambique’s state-owned electricity utility EDM estimates that extreme weather has caused about $76mn in losses since 2022 and says it needs about $103mn through 2028 to strengthen the grid against climate-related disasters.

Namibia-focused ReconAfrica raises Kavango West financing 27% to $13.8mn

4 September 2026

Proceeds are earmarked for a horizontal sidetrack and production testing at ReconAfrica's Kavango West 1X discovery in Namibia, as well as working capital and general corporate purposes

India’s Kyiv outreach contrasts with lower level Russia forum presence

4 September 2026

India continues to import crude oil, as well as other hydrocarbons and commodities from Russia even as the risk of Western and especially US sanctions mount.

Ghana’s TOR pursues deeper GOIL ties as refinery recovery gathers pace

4 September 2026

Ghana’s state-owned Tema Oil Refinery (TOR) is seeking deeper commercial ties with fuel retailer GOIL PLC as the refiner ramps up production after years of intermittent operations.

Tanzania's parliament clears path to Global Green Growth Institute, eyes climate financing boost

4 September 2026

The proposed accession aligns with Tanzania’s Development Vision 2050 priorities on climate resilience and environmental conservation, with potential opportunities in clean cooking, carbon trading, climate-resilient development.

Tanzania targets additional 122MW from solar projects

4 September 2026

Tanzania is targeting an additional 122 megawatts (MW) of solar power from ongoing and planned projects as the government seeks to expand electricity generation and diversify the country's power mix

Israeli energy company Solair extends MoU with global mining firm in Chile

4 September 2026

Israeli renewables company Solair extended its non-binding MoU with a global mining company operating in Chile's Atacama region, according to a filing submitted to the Tel Aviv Stock Exchange.

Argentina's Neuquén province to build 1000 km of roads, remedying oil transport hurdle

4 September 2026

Argentina’s Neuquén Province announced that it will formalize an infrastructure financing agreement with major oil companies operating in Vaca Muerta, pre-funding approximately 1,000 km of road construction before year-end.

Argentina to build 207km Vaca Muerta pipeline, oil companies will finance 1000 km in roads

4 September 2026

Río Negro Governor Alberto Weretilneck signed an agreement with Oleoductos del Valle SA for the 207km Duplicar Norte pipeline, significantly boosting Argentina’s oil transportation capacity.

Kazakhstan signs Rosatom contract for first nuclear power plant

4 September 2026

Kazakhstan has signed the main construction contract with Russia’s Rosatom for its first nuclear power plant, a two-reactor facility near Lake Balkhash with a preliminary cost of about $16.4bn and combined capacity of 2.4 gigawatts.

Kazakhstan oil production rises in August as CPC exports stabilise

4 September 2026

Kazakhstan’s crude oil and gas condensate production reportedly rose to 8.47mn tonnes in August, equivalent to about 2.06mn barrels per day (bpd), up from from 7.6mn tonnes, or 1.85mn bpd, in July.

Kazakhstan targets 40mn tonnes of annual oil refining capacity by 2040

4 September 2026

Kazakhstan plans to more than double its oil refining capacity to 40mn tonnes a year by 2040 as the government seeks to increase domestic crude processing, expand petroleum product output and develop higher value-added products.

Morocco’s Valoris fund moves to buy remaining 49% of Unisystem Energy

4 September 2026

Moroccan energy-transition investment fund Valoris Alternative Investments Fund has notified the country’s Competition Council of plans to acquire the remaining 49% of Unisystem Energy.

JT Grup Oil completes €30mn oil terminal at Constanța Port

4 September 2026

Romanian fuel distributor JT Grup Oil has completed a €30mn oil terminal at the Port of Constanța and is preparing to begin operations. The facility comprises eight tanks with a combined storage capacity of 31,500 tonnes.

Tanzania’s TPDC seeks more than 30% stake in mini-LNG project

4 September 2026

Tanzania Petroleum Development Corporation (TPDC) is seeking a stake of more than 30% in the country’s planned small-scale liquefied natural gas project as partners aim to finalise its ownership structure by the end of September.

BP sells stakes in Brazil, US Gulf of Mexico exploration blocks to Shell

4 September 2026

BP has agreed to sell part of its ownership in an offshore exploration block in Brazil and five leases in the US Gulf to Shell.

Japan picks fusion start-up Helical for state-backed power demonstration

4 September 2026

Japanese fusion company Helical has been selected as a conditionally approved project operator under the Ministry of Economy, Trade and Industry's FY2025 supplementary grant scheme for demonstrating fusion energy power generation.

Bangladesh's fossil fuel import bill may rise by $2.8bn in 2026

4 September 2026

Bangladesh’s fossil fuel import bill could increase by as much as $2.8bn in 2026, putting further pressure on the economy as disruptions to energy supplies expose the country’s heavy dependence on imported fuels

Grab eyes EV charging expansion and digital support in Cambodia

4 September 2026

Grab is exploring wider EV charging access and digital support for Cambodian businesses and drivers.