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Libya signs production-sharing deal with Chevron for Sirte basin
Libya’s Tripoli-based Government of National Unity (GNU) has signed a production-sharing agreement with US energy major Chevron (NYSE:CVX) to develop the country’s oil and gas resources
Namibia’s Langer Heinrich completes ramp-up as uranium output rises 60%
Paladin Energy (ASX: PDN; TSX: PDN) produced 4.82mn lb of uranium oxide (U3O8) at its Langer Heinrich mine in Namibia in the financial year ended June 30, up about 60% y/y.
Russian fuel shortages pose risks to Kazakhstan’s harvest and inflation
Fuel shortages in Russia and heightened geopolitical uncertainty in the Middle East are creating additional risks for Kazakhstan’s agricultural sector ahead of the autumn harvest.
Fitch affirms Kazatomprom rating at ‘BBB’ with stable outlook
Fitch Ratings has affirmed Kazakhstan's state-owned uranium producer Kazatomprom at BBB with a stable outlook.
Kazakhstan to more than double oil refining capacity by 2033
Kazakhstan plans to more than double its oil refining capacity to 40mn tonnes a year by 2033 as disruptions to its main crude export route strengthen the case for selling more processed fuel to neighbouring markets.
Kazakhstan’s major refineries hold back on Russian petrol exports
Kazakhstan’s major oil refineries have reportedly not used quotas allocated to them for petrol exports to Russia, as domestic supply constraints, payment difficulties and the risk of Western sanctions discourage shipments.
Kazakhstan explores Baku-Supsa route for oil exports as Trans-Caspian green energy corridor advances
Nigeria regulator lists 19 upstream licences with 2026 expiry dates
An August concession report from Nigeria’s upstream petroleum regulator lists 19 licences with stated expiry dates in 2026, although the dates do not by themselves mean the concessions have been revoked or cancelled.
Indonesia’s H1 2026 oil and gas output falls short of targets
The operational disruptions and accelerating natural field depletion across flagship assets had affected Indonesia’s upstream oil and gas sector, as it missed official government targets during the first seven months of the year.
Malaysian offshore vessel operator Keyfield International acquires distressed mega-dredger for $24.7mn
Accelerating its long-term strategic pivot to diversify earnings beyond oil and gas support services, offshore vessel operator Keyfield International Berhad (KLSE: KEYFIELD) is expanding into regional dredging and marine civil engineering.
Sri Lanka to roll out smart meters in grid upgrade
Sri Lanka's government plans to install 300,000 smart meters with variable rate pricing over a two-year period.
Poland’s Orlen starts gas production at Idun Nord field
Poland's biggest power group Orlen announced on August 26 that it had started gas production from the Idun Nord field in the Norwegian Sea, with two additional fields set to come on stream in the coming weeks.
Russian petrochemical major Nizhnekamskneftekhim posts sharp 1H26 profit decline
Russia’s petrochemicals major Nizhnekamskneftekhim (NKNC) reported 1H26 IFRS revenue of RUB128bn ($1.52bn), down 6% year-on-year (y/y), EBITDA of RUB30bn, down 6%, and net profit collapsing 16-fold y/y to RUB1.6bn
Myanmar firms join forces for 200-MW solar project
Myanmar Thilawa SEZ Holdings Public Co Ltd (MTSH) is partnering with GCL System Integration Technology Co Ltd (GCLSI) to develop a 200-megawatt solar power project in Myanmar.
Adani Energy wins Maharashtra transmission project to evacuate 4.5-GW renewable power
Adani Energy Solutions (AESL) (NSE: ADANIENSOL) has won a transmission project in Maharashtra to evacuate renewable energy generated in Karnataka to major load centres in the state, with an estimated capital expenditure of INR47bn ($490mn).
SLB gains access to Venezuela oil data in PDVSA modernisation deal
SLB has secured access to Venezuela’s oilfield data under a new agreement with state-run PDVSA, giving the US oil-services company a role in rebuilding and modernising information systems that have deteriorated after years of underinvestment
Venezuela seeks more light crude to support oil growth
Venezuela is stepping up efforts to explore lighter crude and condensate as it seeks to raise overall oil output, Energy Minister Paula Henao told potential investors in Houston earlier this month
Colombia's Ecopetrol takes control of Brava Energia in $1.2bn Brazil deal
Ecopetrol completed its acquisition of a controlling 51% stake in Brazil's Brava Energia for about $1.2bn, expanding its reserves and production base in one of Latin America's key energy markets, the Colombian oil company said
Brazil’s Petrobras rethinks Sergipe gas export plan
Petrobras is reassessing plans for a gas pipeline linked to its Sergipe Deepwater project, as proposed changes to Brazil’s gas market rules could affect the project’s economics.
Brazil expands Petrobras’ SAF production capacity
Brazil’s oil regulator ANP has expanded Petrobras’ authorisation to co-process renewable feedstocks for sustainable aviation fuel at the Henrique Lage refinery, known as Revap, in São Paulo.
Brazil clears YPF, Eni and XRG LNG venture
Brazil’s antitrust authority has approved a joint venture involving Argentina’s YPF, Italy’s Eni and Abu Dhabi-based XRG for the Argentina LNG project.
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