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Australia's Comet Ridge takes full control of Mahalo gas project in Queensland
Australia's Comet Ridge has completed the acquisition of Santos' 42.9% interest in the Mahalo gas project in Queensland, giving it full ownership and operatorship of the wider Mahalo gas hub.
New Zealand takes further step in reopening its oil and gas sector
New Zealand is reviving offshore exploration as domestic gas supply declines.
Australia's Viva Energy makes profit gain on Middle East disruptions
Australia’s Viva Energy has reported a sharp rise in first-half earnings as disruption to Middle Eastern flows drove up regional refining margins, while the company is also considering further storage expansion at its Geelong refinery.
Australia's Gladestone LNG partners snap up Greater Meridian coal seem gas project for $310mn
Australia's Beetaloo oil and gas basin nears first gas production
Australia’s Beetaloo Basin is approaching its first commercial gas production, with Tamboran Resources preparing to start sales from its Shenandoah South pilot project in the Northern Territory in the third quarter.
Australia's Woodside drops Scope 3 emissions targets as part of renewed focus on core operations
Australia’s Woodside Energy has abandoned two 2030 targets linked to Scope 3 emissions and clean energy investment as it sharpens its focus on its core oil and gas business.
Sri Lanka kicks off new offshore licensing in another attempt to launch development
Sri Lanka launched a new offshore licensing round on August 25, offering four exploration blocks in the Mannar Basin as it seeks to revive investment in domestic oil and gas exploration.
Norway-based TGS secures extension in big seismic acquisition offshore Indonesia
Norway-based TGS has secured a one-month extension to what it describes as the largest seismic streamer acquisition contract offshore Indonesia.
France’s Viridien launches seismic shoot off western Peninsular Malaysia
France’s Viridien has begun seismic imaging of the Langkasuka multi-client 3D hybrid survey offshore western Peninsular Malaysia, combining streamer and sparse ocean-bottom node.
China's CNOOC achieves record H1 profit
Chinese offshore oil and gas major CNOOC reported record first-half profit and production on August 26, benefiting from higher oil prices following the Iran war and continued output growth.
Nigeria’s mature oil fields decline despite recent output recovery
Nigeria’s increased drilling activity has failed to deliver a sustained rise in crude output, as ageing fields, slow project development and investment constraints continue to weigh on production.
Andrada hits 24 metres at 2% lithium oxide at Namibia’s Lithium Ridge
Andrada Mining (AIM: ATM, OTCQB: ATMTF) has reported further lithium mineralisation at its Lithium Ridge Project in Namibia, including an intersection of 24.08 metres grading 2% lithium oxide (Li₂O)
Argentina approves $6.4bn Tecpetrol project in Vaca Muerta under RIGI
Argentina has approved a $6.4bn investment by oil producer Tecpetrol to develop the Los Toldos II Este unconventional oil project in Vaca Muerta under the government's Incentive Regime for Large Investments (RIGI).
Bolivia's YPFB, Santa Cruz municipalities strike emergency deal to ease diesel shortage
Bolivia's state oil company YPFB and the Association of Santa Cruz Municipalities (Amdecruz) have agreed an emergency plan to tackle the country's diesel shortage.
Pemex's gas flaring doubles in H1, casting doubt on environmental pledges
Mexico's state oil company burned off nearly twice as much natural gas in the second quarter of 2026 as it did a year earlier, according to unaudited results.
Argentina's CGC eyes Bolivia as reverse-flow gas corridor to reach Brazil
Argentine energy firm Compañía General de Combustibles (CGC), part of Corporación América, is studying Bolivia as a strategic route to carry Vaca Muerta gas onward to Brazil.
China’s Sinomine secures 300,000-tonne Zimbabwe lithium export quota before 2027 ban
Zimbabwe has granted China’s Sinomine Resource Group an additional 300,000-tonne lithium concentrate export quota ahead of a January 2027 export ban.
Albania's electricity exports jump 55% as domestic output surges
Albania's electricity exports rose 55.4% year-on-year in the second quarter of 2026 as stronger hydropower generation lifted domestic production and reduced the need for imports, data from statistics office INSTAT showed.
Latin American energy inflation hits 2026 high on fuel costs
Energy inflation in Latin America and the Caribbean hit its highest level of 2026 in June, climbing 8.03% year-on-year on the back of rising fuel prices linked to the war in the Middle East, OLACDE said.
ExxonMobil earmarks $4bn for local content under Mozambique LNG project
ExxonMobil (NYSE: XOM) has earmarked about $4bn for local content under its Rovuma LNG project in northern Mozambique, raising expectations among domestic businesses as the US energy major moves closer to implementing the long-delayed gas project.
Finland's Neste shuts down Porvoo oil refinery for maintenance
Finland's Neste has begun shutting down its Porvoo refinery for a major maintenance turnaround costing more than €400mn ($469mn).
AustrIa's OMV acquires Danish e-methanol for biodiesel production in Germany
Austria's OMV has signed a multi-year agreement to purchase renewable e-methanol from the Kassø plant in Denmark for use in biodiesel production at its Burghausen refinery in Germany.
Higher Rhine water levels ease pressure on German refineries
Water levels on the Rhine recovered at the end of last week after reaching record lows earlier in the month, providing some relief to fuel and refinery logistics in Germany, although barge capacity remained heavily constrained.
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