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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
Iran ties full reopening of Strait of Hormuz to US halting regional wars, Rezaei says
Iran will fully reopen the Strait of Hormuz only if the United States helps halt wars across West Asia, particularly in Lebanon and Gaza, security chief Mohsen Rezaei says, hours before US Central Command claimed it had cleared the strait.
Iran ties full reopening of Strait of Hormuz to US halting regional wars, Rezaei says
Iran will fully reopen the Strait of Hormuz only if the United States helps halt wars across West Asia, particularly in Lebanon and Gaza, security chief Mohsen Rezaei says, hours before US Central Command claimed it had cleared the strait.
TAG Oil targets September completion of T-200 well in Egypt amid concession delays
TAG Oil (TSXV: TAO) expects to complete drilling and completion of its T-200 well in Egypt’s Western Desert by September 30, as regulatory delays continue to hold up the revised award and expansion of the Southeast Ras Qattara concession.
Energean enters exclusive talks over BP Egypt assets in potential $1bn deal
Energean (LSE: ENOG) is in exclusive talks to acquire a portfolio of BP oil and gas assets in Egypt in a transaction that could raise about $1bn for the British energy group, Reuters reported, citing two people involved in the process.
Eurowind Energy Romania secures grid approvals for 2.3 GW of renewable projects
Eurowind Energy Romania has obtained Technical Connection Approvals for 2,307 MW of renewable energy capacity, covering wind, photovoltaic and battery storage projects, as it advances a development pipeline of approximately 7.5 GW.
Tanzania convenes Ntorya gas talks as Aminex seeks progress on delayed project
Aminex said it is participating in Tanzanian government-convened talks aimed at advancing the Ntorya gas development, days after its subsidiary Ndovu Resources issued a notice of dispute to project operator ARA Petroleum Tanzania.
Kazakhstan's KazMunayGas raises $490mn through heavily oversubscribed yuan bond sale
Kazakhstan’s state-owned oil and gas company KazMunayGas (KASE: KMGZ) has raised CNY3.5bn ($490mn) through its second offshore yuan bond sale in less than a year, taking advantage of strong investor demand to diversify its funding sources.
Envision Energy sets up Philippine wind supply hub
Chinese green technology firm Envision Energy opened a 1,500-square-metre national distribution centre in Batangas.
Serbia expects NIS ownership deal to be resolved in September
Serbian President Aleksandar Vucic is optimistic that the ownership issue surrounding oil company NIS could be resolved in September, as the company's US operating licence is due to expire on August 28.
Nestlé India buys stake in solar power firm
Nestlé India Limited (BSE:500790) (NSE:NESTLEIND) is expanding its renewable energy footprint, as Indian consumer goods manufacturers increasingly turn to captive power arrangements to cut reliance on conventional grid electricity.
US sanctions four India-based firms, three nationals over Iran petrochemical trade
The United States has imposed sanctions on four India-based companies and three Indian nationals over their alleged involvement in Iran’s petroleum and petrochemical trade as part of Washington’s newly launched “Operation Economic Outcast”
India must mobilise domestic capital to fund clean-energy investment
India will need to mobilise a significant share of funding from domestic financial institutions, capital markets, insurance funds, infrastructure investors and private capital to achieve its target of 500 GW of non-fossil-fuel capacity by 2030
Russian fuel retailers seek extension of diesel export ban
The Russian Fuel Union requested that the government extend the full ban on diesel exports by refineries beyond September 1, 2026, arguing that supply to independent filling stations remains constrained.
PTTEP signs 35-year gas deal for Thai-Malaysia JDA block
A Thai company has secured a 35-year deal covering gas exploration and production in the Malaysia-Thailand Joint Development Area (JDA).
Colombia's Bia Energy raises $18.5mn to expand solar generation and software
Bia Energy has raised $18.5mn in a funding round led by Kaszek as the Colombian energy company expands beyond electricity retail into distributed generation and utility software
Colombia's active drill count rises to 114 in July as well maintenance rigs return
Colombia recorded 114 active oil rigs in July 2026 — 33 dedicated to drilling and 81 to well maintenance — marking a 1.8% increase against July 2025 and a 22.6% jump versus June 2026, equivalent to 21 additional rigs month-on-month
French TotalEnergies exits Russian Arctic LNG 2, retains $1.3bn loan claim
French energy major TotalEnergies (TTE) completed the transfer of its 10% stake in Russia’s Arctic LNG 2 project to NordLine, a subsidiary of Russia’s largest independent gas producer Novatek (NVTK).
Brazil moves to break its southern gas bottleneck
Brazilian gas pipeline operator TBG has proposed a $286mn expansion of the Bolivia-Brazil Gas Pipeline to increase gas flows in the country’s south as supplies from Bolivia decline.
Texas oil and gas employment drops in July
Oil and gas employment in the upstream sector in Texas declined by 1,200 jobs between June 2026 and July 2026.
Tallgrass announces open seasons for Pony Express, Seahorse pipeline capacity
US midstream player Tallgrass released separate announcements last week about open seasons on two of its pipelines.
Iran faces 14mn-litre daily petrol shortfall
Iran is running a daily petrol shortfall of about 14mn litres as the government retreats from a price rise towards rationing, with queues lengthening, imports blocked and a black market forming at filling stations.
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