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Orcadian advances North Sea gas-to-data centre project
UK-listed Orcadian Energy has signed a joint development agreement with a US offshore data centre developer to explore using gas from its Earlham and Orwell fields.
Scotland backs case-by-case approach to North Sea oil and gas projects
The Scottish government has called for new North Sea oil and gas developments to be considered individually on the basis of climate compatibility and energy security.
Chevron to invest over $7bn in Venezuela, Colombia’s GeoPark and Italy’s Eni will also enter
Chevron plans to invest over $7bn in Venezuela over the next five years as it targets more than a doubling of its oil production in the South American country to 600,000 barrels per day.
SLB selected for Havstjerne carbon storage FEED work
SLB has been selected as strategic reservoir partner for the Havstjerne carbon storage project in the Norwegian North Sea, supporting development through the concept and front-end engineering and design phases.
Well-Safe, NMC Energy team up on North Sea decommissioning
Well-Safe Solutions announced on August 27 it had signed a strategic partnership agreement with NMC Energy to support existing decommissioning work and pursue further late-life oil and gas projects.
Indonesia’s Pertamina seeks floating rig for East Natuna drilling
Indonesia’s Pertamina East Natuna has opened a tender for a floating drilling rig for exploration work at its East Natuna acreage.
Cape Town signs first 70MW private power deals below Eskom rates
Cape Town has signed its first long-term power purchase agreements with independent producers, securing 70MW of solar electricity at prices the city says are 19%-21% below the equivalent current cost of purchasing electricity from Eskom.
Gasgroup targets NGX listing, eyes expansion into refining, power generation, data centres
Gasgroup, a Nigerian energy-services business not currently listed on the NGX, plans to seek admission of its existing shares to the Main Board of the bourse as it pursues expansion into refining, gas infrastructure, and power generation.
Mexico extends fuel price pact with retailers to February 2027
Mexico's government has renewed a voluntary agreement with fuel retailers to cap petrol and diesel prices for a further six months, extending the deal until February 2027 as part of efforts to contain inflation, President Claudia Sheinbaum announced.
Uruguay's UTE revives solar project in Baygorria after Río Negro relocation dispute
Uruguay's state-owned power utility UTE confirmed it will build a new photovoltaic solar park in Baygorria, Durazno department, reviving a project that was relocated to Río Negro department following a dispute over its original site.
Uruguay holds fuel prices steady for second consecutive month
Uruguay's government kept retail fuel prices unchanged for September, the second straight month it has frozen prices despite pressure from international oil markets to raise them, the Ministry of Industry and the Ministry of Economy and Finance said
UAE's Ultimate Power Solutions launches AI-driven power generators
Ultimate Power Solutions, a Sharjah Airport International Free Zone-based manufacturer, launched a new generation of AI-enabled power generators at the Middle East Energy 2026 exhibition in Dubai.
Omega Subsea to establish new Western Norway base
Norwegian subsea services and ROV technology provider Omega Subsea has signed a long-term agreement to establish a new operational base at Hilleren Navy Supply Park in Mathopen, near Haakonsvern in Western Norway.
Etihad Energy Holding Company registers $24mn in single-day transactions
The Dubai Financial Market announced that 28.1mn shares in Etihad Energy Holding Company changed hands on September 2 at AED 3.15 ($0.86) per share.
Iran's IRGC says two tankers 'hit mines' in Strait of Hormuz
Iran's IRGC said two oil tankers struck mines and caught fire in the Strait of Hormuz after being used to attempt an unauthorised transit, in a claim attributed to the Guards and not independently verified.
Brazil's Raizen completes $1.42bn sale of Argentina downstream operations to Mercuria units
Raizen has completed the sale of its Argentine operations to Latam Downstream Holdings and Silver Projects I, companies owned by Mercuria Energy Group, for a total enterprise value of $1.42bn.
ReconAfrica launches $10.8mn offering for Namibia well production test
Canadian oil and gas explorer Reconnaissance Energy Africa (TSXV: RECO; NSX: REC) has launched a CAD15mn ($10.8mn) bought-deal offering to fund a horizontal sidetrack and production-testing programme at its Kavango West 1X well in Namibia.
Israel's PowerGen secures financing for $363mn renewable energy portfolio
Israel’s PowerGen sealed a financing agreement for a portfolio of renewable energy projects valued at ILS 1.1b ($363.32mn), a filing with the Tel Aviv Stock Exchange confirmed.
Argentina lawyers, veterans file lawsuit against British-Israeli oil project off the Falklands
Argentine environmental lawyers and veterans of the 1982 war against Britain have filed a lawsuit seeking to halt the Sea Lion offshore oil project backed by Israeli energy company Navitas Petroleum and Britain's Rockhopper Exploration.
Asian refiners turn to Argentine crude as Iran war disrupts Middle East supply
Asian refiners in Japan, South Korea and China have increased purchases of Argentine Medanito crude in recent weeks as disruptions linked to the Iran war intensify competition for Middle Eastern oil and encourage buyers to diversify supply.
Iran adds 2,000 bpd from shared Forouzan oilfield
Iran has added around 2,000 barrels per day (bpd) to its oil output from the shared Forouzan field in the Persian Gulf after two new wells were brought on stream, the Iranian Offshore Oil Co. (IOOC) said.
Qaztomat expands Kazakhstan tomato greenhouse operations with Philips LED lighting
Kazakhstan greenhouse operator Qaztomat has chosen Philips Horticulture LED Solutions to supply lighting for a new 10-hectare greenhouse expansion in the country's northeastern city of Ekibastuz, increasing its total cultivation area to 40 hectares.
Meralco launches $2.8mn nuclear energy feasibility study
Manila Electric Company (Meralco) and Meralco PowerGen Corporation (MGEN) have hired US engineering firm Sargent & Lundy and local outfit AMH Philippines Inc to study deploying small modular reactors (SMRs) in the Philippines.
Philippines studies cheaper feedstock to make local bioethanol competitive
The Philippine agriculture and energy departments are examining cheaper and more varied feedstock to narrow the price gap between locally produced bioethanol and imports.
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