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Serbian businessman reiterates interest in buying sanctioned oil firm NIS
Ranko Mimović has reiterated his interest in buying a majority stake in Russian-owned Oil Industry of Serbia (NIS) and said he has discussed crude oil supplies to its Pančevo refinery with Croatian pipeline operator JANAF.
Serbia's NIS gets US licence extension as MOL-Gazprom deal nears final stage
The US Treasury has extended NIS's operating licence until September 30, allowing the Russian-owned company to continue operating its refinery and importing crude, as talks over the sale of its Russian stake entered their final stage.
Trump announces deal giving US majority stake in Venezuelan oilfields
Washington-backed venture to take majority stake in 17 fields as Caracas seeks investment to revive its ailing oil industry and Trump faces pressure over petrol prices.
Argentina’s LNG projects seek $17bn in international financing
Two major Argentine liquefied natural gas (LNG) projects are seeking up to about $17bn in international financing as developers move to build infrastructure to turn Vaca Muerta’s gas resources into large-scale exports.
Permafrost is thawing on every continent that has it
Frozen ground is thawing deeper each summer almost everywhere it has been measured, according to the first global assessment of long-term monitoring data.
Europe is heading into winter waiting for Qatari gas that is not coming back
Europe's gas traders have spent the summer betting that the Gulf war would end in time. It has not, and the bill for that bet falls due in November.
Predator Oil & Gas prepares for onshore Moroccan MOU-6 drilling
Drilling plans for the MOU-6 well in Morocco are moving forward after Predator Oil & Gas (LSE:PRD) completed civil engineering work on the well pad and received crucial perforating gun explosives at a local port
Brazil sets September deadline for biomethane rules
Brazil’s oil and gas regulator ANP plans to publish in early September rules governing certification for issuers of Biomethane Certificates of Guarantee of Origin (CGOB), a step needed before the market can begin trading the credits.
Búzios field pushes Brazil gas exports to new high
Petrobras’ Búzios field set new monthly and daily records for natural gas exports in July and August, as output from existing offshore platforms increased.
Russia's Novatek holds its dividend flat as 1H26 profit falls 9%
Russia's largest independent gas producer Novatek (MOEX: NVTK) will pay its shareholders exactly what it paid them a year ago, even though the profit behind the payment has shrunk.
Energean in talks to acquire BP’s Egyptian assets in potential $1bn deal
London-based gas producer Energean is in exclusive talks to acquire a portfolio of BP's Egyptian upstream oil and gas assets in a deal that could generate around $1bn for the British energy major
Egyptian Petrojet secures $22.7mn gas pipeline contract in Jordan
Egyptian energy services contractor Petrojet signed a $22.7mn Engineering, Procurement and Construction (EPC) contract to deliver a natural gas supply project for the Muwaqqar Industrial Development Zone south of Amman
Chile approves $11bn HNH Energy green ammonia project in Magallanes
Chile's Environmental Assessment Commission (COEVA) for the Magallanes and Chilean Antarctic Region has unanimously approved the HNH Energy green ammonia project, clearing the way for an $11bn scheme to produce and export the fuel.
Armenia could import electricity from Azerbaijan if needed, PM says
Armenia is considering the possibility of importing electricity from Azerbaijan if needed to meet future demand, Prime Minister Nikol Pashinyan said on August 27, ac quoted by Arka.
High gas prices prevent European traders from filling empty tanks
Europe has ten weeks to fill its gas tanks and a price curve that punishes anyone who tries.
Malawi fuel hauliers withdraw trucks after transport rate cuts
Malawian fuel transporters have withdrawn at least 100 trucks from contracts after the Malawi Energy Regulatory Authority (Mera) cut fuel haulage rates by up to about 20%, The Nation reported on August 27.
King Harald V of Norway dies at 89, son succeeds as King Haakon VIII
King Harald V of Norway, Europe's oldest reigning monarch, has died at 89 after a 35-year reign, the palace says. He is succeeded by his son, King Haakon VIII, with Princess Ingrid Alexandra now heir to the throne.
Iran's Araghchi says US pressure won't work after Qatar talks in Tehran
Iran's Foreign Minister Abbas Araghchi says diplomacy with the United States can be revived only if Washington accepts that pressure does not work following a meeting with Qatari officials on August 27.
Ghana reopens probe into $1mn bribery case involving ex-Goldman Sachs banker after US conviction
Ghana’s Office of the Special Prosecutor has opened an investigation into the local dimension of a $1mn bribery case involving former Goldman Sachs banker Asante Kwaku Berko and a Tema power project.
Morocco’s Predator completes MOU-6 pad as exploration drilling nears
Predator Oil & Gas Holdings (LSE: PRD) has completed construction of the well pad for its MOU-6 exploration well in Morocco, while explosives needed for potential well testing have arrived in the country as preparations for operations advance.
Nigeria’s Dangote says petrol imports may push more fuel to export markets
Dangote Petroleum Refinery said rising petrol imports were making Nigerian demand harder to forecast and could push more surplus fuel into export markets, as official data showed imports rose while domestic petrol supply and consumption fell sharply
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