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Guyana's proposed national oil company will seek to ensure the country's energy security
Guyana is looking to establish a national oil company which will act as a crude refinery, thereby plugging a hole in the country’s oil supply chain, as highlighted by the disruption around the Strait of Hormuz.
Asian diesel shipments to Africa hit at least 4.5-year high as Middle East supply slumps
Kenya Pipeline Company seals $725mn crude storage deal with Gulf Energy
Kenya Pipeline Company (NSE:KPC) has signed a 25-year crude oil storage and handling agreement with Gulf Energy E&P B.V. that could generate about ($725mn) in revenue, strengthening Mombasa’s role in Kenya’s planned oil exports
African oil and gas reforms put arbitration in focus for investors
African oil and gas regulatory reforms and emerging disputes in countries such as Tanzania and Senegal are putting arbitration and investor protection higher on the agenda as companies seek greater certainty over long-term investments.
MSGBC gas projects shift focus to infrastructure and investment
The MSGBC Basin is moving from major discoveries towards project development, with Senegal and Mauritania seeking to build gas and LNG industries that can support exports and domestic energy needs.
Savannah Energy seven-month revenue rises 10% as Nigeria collections climb
Savannah Energy Plc has reported a 10% year-on-year rise in unaudited revenue to $160.6mn in the seven months to July 31, while cash collections from its Nigerian operations increased 13%.
Nigeria’s TCN deploys 89 transformers in $1.4bn-plus grid expansion
Nigeria's state-owned Transmission Company of Nigeria (TCN) said more than $1.4bn in development financing had been mobilised for projects to rehabilitate and expand the country's electricity transmission network
Argentina secures $900mn financing for Vaca Muerta LNG pipeline
Argentina’s San Matías Pipeline consortium has secured a $900mn seven-year project finance loan to build a 472-km pipeline linking the Vaca Muerta shale formation with planned floating LNG facilities on the Atlantic coast.
Nigeria’s NERC says Benin, Niger and Togo in arrears for power purchased in 2025
International electricity customers in Benin, Niger and Togo left $11.16mn of Nigerian Market Operator bills unpaid in 2025, although their overall payment performance improved from a year earlier, according to the regulator.
South Sudan targets 200,000 bpd oil output as production recovers
South Sudan is targeting crude oil production of at least 200,000 bpd, up from about 175,000 bpd currently, as the government seeks to lift output from ageing fields and attract further petroleum investment.
Iran's foreign ministry calls US Larak strike a Charter violation, appeals to UN
Iran's foreign ministry has condemned the US strike on Larak Island as a violation of the UN Charter and appealed to the Security Council and secretary general, casting its missile retaliation on US bases in Jordan as lawful self-defence.
US strikes Iran's Larak Island, Iran fires missiles at bases in Jordan
Iran’s Islamic Revolutionary Guard Corps (IRGC) said a “rogue supertanker” caught fire after striking two sea mines in the Strait of Hormuz, hours after the United States attacked an Iranian island in the Persian Gulf.
Sahara Power starts construction of $12mn gas-fired power plant in Lagos
Nigeria's Sahara Power Enterprise Group (SPEG) has started construction of a $12mn, 12MW gas-fired independent power plant (IPP) in Lagos, targeting completion in the first quarter of 2027.
Nigeria's Edo State issues transmission, distribution licences for 100MW power project
Nigeria's Edo State has issued transmission and distribution licences to CCETC Ogua Energy Limited for a 100MW power project in Ikpoba-Okha, clearing another regulatory step towards commissioning targeted by the end of 2026.
IFC to vote on $42mn financing for BB Energy LPG expansion in DRC, South Africa, Zambia
IFC, the World Bank Group’s private-sector development institution, has proposed financing of up to $42mn for a $64mn liquefied petroleum gas expansion by family-owned global energy trader BB Energy.
Ghana grid operator profit jumps 89% as power flows hit record
Ghana Grid Company Ltd. increased profit after tax 89% in 2025 as electricity transmitted across the country’s power network reached a record.
Romania prolongs energy crisis regime for another month
Romania has extended the energy crisis regime until September 30, citing low Danube levels, lower expected output from wind and photovoltaic facilities and rising electricity demand. But no restrictions for industrial consumers are expected.
Nigeria declares force majeure on Niger power link after tower collapse
Nigeria’s Transmission Company of Nigeria (TCN) on August 28 declared force majeure on a cross-border electricity line supplying Niamey after three transmission towers collapsed in Kebbi State, interrupting bulk power exports.
Singapore electric two-wheeler firms pivot to ASEAN markets as domestic adoption lags
Malaysia restores RON 95 monthly fuel quotas, expands micro-financing
To mitigate rising living costs and bolster small business operations, Malaysian Prime Minister Anwar Ibrahim has unveiled a series of economic relief measures
Sri Lanka electricity tariffs face fresh pressure as CPC raises fuel prices
Sri Lanka’s electricity consumers could face another tariff increase after the Ceylon Petroleum Corporation (CPC) raised the prices of naphtha and heavy fuel oil (HFO) by around 20% and stopped sales of subsidised fuel to the power sector.
Indonesian Pertamina warns 2026 budget overrun on subsidised LPG quotas
Facing surging domestic energy demand and price disparities between subsidised and non-subsidised fuels, Indonesia’s national energy company has alerted Parliament to potential fiscal quota overruns
Polish hard coal mining sector lowers net loss in H1 2026 on lower costs
Poland's hard coal mining sector narrowed its net loss in H1 2026 thanks to significantly lower costs, even as revenue edged slightly lower, according to sector data presented on August 28 by the state-run Industrial Development Agency (ARP).
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