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BP advances Bumerangue oil discovery in Brazil
BP has awarded Halliburton an integrated contract for the first appraisal campaign at its Bumerangue deepwater discovery offshore Brazil, as the energy company moves to assess the field’s potential in the Santos Basin.
Guyana’s Whiptail project moves closer to adding 250,000 barrels per day
Guyana’s Whiptail oil project is moving towards offshore installation, with the Jaguar FPSO set to add up to 250,000 barrels per day to the country’s rapidly expanding production capacity.
ExxonMobil fire exposes safety and continuity risks at Guyana’s Liza Unity
A fire briefly halted ExxonMobil’s Liza Unity FPSO offshore Guyana, but rapid emergency procedures allowed production and crude offloading to resume after safety checks.
Solarcentury Africa, Dallaglio advance 7 MW solar project at Zimbabwe’s Eureka gold mine
Solarcentury Africa has signed an agreement with Dallaglio Investments to develop a 7 MWp solar power plant at the Eureka Gold Mine in Zimbabwe, as mining companies seek to reduce energy costs and improve power supply reliability.
Iran vows to clear funding hurdles for South Pars rebuild
Iran’s economy minister pledged to remove any barrier blocking funds for the reconstruction of damaged facilities at the South Pars gas field, as the country races to restore gas-processing capacity before winter.
AEC warns Wild Coast ruling could deter investment in African oil and gas
The African Energy Chamber criticised the Wild Coast ruling, saying it could weaken South Africa’s energy security and discourage investment in African oil and gas projects.
Greenpeace welcomes Wild Coast ruling as boost for South Africa's communities and renewable energy
Advocacy group Greenpeace International has welcomed South Africa’s Constitutional Court ruling against Shell’s Wild Coast exploration, saying it strengthens the rights of coastal communities and supports a shift towards renewable energy.
Russian analyst warns US financial threats against Iran's partners risk dollar
A Russian economist warns that cutting Iran's trading partners out of the global financial system would damage confidence in the US dollar, citing the exposure of China and Oman.
Iran connects largest solar farm to grid amid power crunch
Iran has connected a 72-megawatt solar farm to its national grid in the northeastern city of Esfarayen, the country's largest solar facility in North Khorasan province.
Nigeria's Atiku reaffirms targeted petrol subsidy plan, rejects aide's phase-out claim
African Democratic Congress presidential candidate Atiku Abubakar has reaffirmed plans to restore a targeted petrol subsidy if elected in 2027, saying the intervention would support domestic refining and lower living costs
Ghana plans 1,200MW state-owned thermal power expansion by 2029
Ghana plans to procure 1,200 megawatts of combined-cycle thermal generation capacity by 2029, a major expansion aimed at lowering electricity costs and strengthening energy security as the country seeks to make its power sector more competitive.
Ghana manufacturers accelerate solar push as power costs rise
Ghanaian manufacturers are increasingly looking to solar power as persistently high energy costs squeeze margins and weaken the competitiveness of businesses in one of West Africa’s larger industrial markets.
Navitas acquires second FPSO to accelerate Sea Lion development in Falklands
Navitas Petroleum has exercised an option to acquire a second floating production, storage and offloading (FPSO) vessel for its Sea Lion oil project in the North Falkland Basin, investing about $125mn before upgrades.
Neuquén and Río Negro agree joint infrastructure strategy to support Vaca Muerta growth
Argentina’s Neuquén and Río Negro provinces have agreed to jointly plan infrastructure, transport and logistics in the Alto Valle and the corridor towards Vaca Muerta, seeking to address rising flows of cargo, workers, goods and services.
Neuquén targets Brazil and Chile as new markets for Vaca Muerta gas
Argentina’s Neuquén province is seeking to expand Vaca Muerta gas exports to neighbouring Brazil and Chile, while improving competitiveness and developing new energy sources to diversify the economy beyond hydrocarbons.
Tajikistan's first large-scale solar plant begins feeding national grid
Tajikistan's first large-scale solar power plant has begun supplying electricity to the national grid, marking a tentative step toward diversifying an electricity system still overwhelmingly dependent on hydropower.
Tajikistan emerges as potential market for Turkmen gas exports
Turkmenistan, holder of the world's fourth-largest natural gas reserves, is exploring Tajikistan as a potential export market as it seeks to diversify away from its longstanding huge reliance on China for gas sales, a report says.
Iran’s state driller fast-tracks fleet overhaul
The National Iranian Drilling Co. (NIDC) is pushing ahead with a major programme to modernise its drilling fleet, with six rigs upgraded in recent months and two new heavy rigs set to be built with domestic technology, its chief executive said.
Iran denies petrol shortage as queues grow longer
Iran hands over South Pars war-hit refinery to local firms for reconstruction
Iran’s Pars Oil and Gas Co. (POGC), the main developer of the South Pars gas field, has awarded a contract to a consortium of local firms led by Bank Shahr to rebuild its fifth refinery, one of four facilities damaged in Israeli air strikes.
Mongolia proposes green data centre as regional digital infrastructure hub
Mongolia has unveiled plans for a renewable-powered "Green Data Center" aimed at developing the country as a digital infrastructure hub while limiting the environmental footprint of growing computing demand.
South African miners scale up renewable power to cut Eskom reliance
South Africa’s largest mining groups are rapidly expanding private renewable-power portfolios to cut electricity costs, improve energy security and reduce dependence on state-owned utility Eskom.
Ghana Gas shifts profits into infrastructure as expansion drive accelerates
Ghana Gas Company plans to reinvest earnings in infrastructure and expansion after improving profitability, as the state-owned gas company seeks to strengthen the reliability of fuel supplies to power plants and industry.
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