Latest Stories

Higher Rhine water levels ease pressure on German refineries

26 August 2026

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.

Trinidad suffers offshore setback as Shell postpones Aphrodite gas project

26 August 2026

Shell has shelved its Aphrodite offshore gas project in Trinidad and Tobago after failing to reach a commercial agreement with the Trinidad National Gas Company, posing a setback to the country's oil and gas sector recovery.

Equinor, Aker BP strike gas in the Norwegian North Sea

26 August 2026

Norwegian oil and gas companies Equinor and Aker BP have made a gas and condensate discovery at the Linga prospect in the Norwegian North Sea.

Norway's Supreme Court starts hearings on environmental case against key oil and gas projects

26 August 2026

Norway's Supreme Court has begun hearing the government's appeal against a ruling that invalidated development approvals for three North Sea oilfields because their wider climate impacts had not been adequately assessed.

Norwegian players Equinor, Aker BP and Var Enegi strike exploration pact

26 August 2026

Norwegian operators Equinor, Aker BP and Vår Energi have formed a strategic exploration partnership targeting some of the largest remaining oil and gas prospects on the Norwegian Continental Shelf.

TotalEnergies aims to ramp up oil and gas exploration off Norway

26 August 2026

France’s TotalEnergies plans to step up exploration in Norway, with CEO Patrick Pouyanné identifying the country as one of seven markets where the French major intends to make a particular exploration effort.

Aker BP brings on stream Skarv satellite oil and gas fields off Norway

26 August 2026

Norway's Aker BP has started production from the Skarv satellite project in the Norwegian Sea, bringing the three-field development on stream around a year ahead of its original schedule.

Shell’s Aphrodite pause exposes Trinidad’s gas pricing problem

26 August 2026

Shell’s decision to pause Aphrodite highlights Trinidad and Tobago’s wider gas dilemma: declining domestic production is colliding with difficult pricing and offtake negotiations just as the country seeks new supply from Venezuela.

Equinor kicks off production at new Troll gas field phase off Norway

26 August 2026

Norway’s Equinor has started production from the Troll Phase 3 Stage 2 project in the North Sea, accelerating the recovery of 55 bcm of gas from the Troll West reservoir.

Poland's ORLEN aims to double Norwegian oil and gas production

26 August 2026

Polish energy group ORLEN wants to double its oil and gas production in Norway to around 200,000 barrels of oil equivalent per day.

Guyana-Suriname offshore expansion raises bar for environmental oversight

26 August 2026

Guyana and Suriname’s offshore oil expansion is pushing environmental monitoring into deeper waters, with new baseline data becoming increasingly important as drilling and production accelerate.

ExxonMobil reopens Guyana appraisal drilling as Stabroek resource faces technical test

26 August 2026

ExxonMobil has resumed appraisal drilling at Guyana’s Barreleye discovery, testing whether a technically challenging reservoir can support future commercial development.

Uganda targets 5% ethanol blend within three months as rollout advances

26 August 2026

Uganda expects to achieve a 5% ethanol blend in petrol within the next three months, moving closer to full implementation of a biofuels mandate launched last year.

Iran's petrol consumption hits record as Tehran queues lengthen

26 August 2026

Iran's petrol consumption hit a record 26.2mn litres in Tehran in a single day as queues lengthened, though officials insist fuel supply remains stable.

Egyptian president El-Sisi directs incentives for foreign oil and gas partners

26 August 2026

Egyptian President Abdel Fattah El-Sisi has instructed the government to provide targeted incentives for foreign oil and gas partners to accelerate exploration, field development, and production rates in Egypt

Argentina’s 404 MW Mendoza Sur solar park advances after public hearing

26 August 2026

Genneia’s planned 404 MW Mendoza Sur solar park in Argentina’s San Rafael department has advanced through the environmental review process after a public hearing, with the project expected to enter operation in 2029.

JPMorgan and Santander lead up to $15bn financing talks for Argentina LNG

26 August 2026

JPMorgan Chase and Banco Santander are leading financing discussions for Argentina LNG, a $24bn project led by state-controlled YPF to liquefy and export shale gas, with the banks seeking to arrange about $14bn to $15bn alongside other lenders.

Equinor targets 27% rise in production outside Norway by 2030, led by US, Brazil, Angola

26 August 2026

Equinor is targeting equity oil and gas production outside Norway of 950,000 boed by 2030, up about 27% from 750,000 boed in Q2 2026, as it concentrates investment in a smaller portfolio led by the US, Brazil and Angola.

Shell-led Bonga South West-Aparo advances toward FID in Nigeria

26 August 2026

Nigeria’s long-delayed Bonga South West-Aparo deepwater oil project has moved closer to a final investment decision after state oil company NNPCL and its partners executed contractual amendments implementing new fiscal and commercial terms.

Iran to add 12mn litres of daily petrol capacity with two southern refineries

26 August 2026

Iran plans to bring two new refineries in the south on stream within seven months, adding 12mn litres per day to petrol production as the country grapples with a persistent fuel shortfall, a deputy oil minister said.

Stardust’s 30 MW Zambia solar project clears government hurdle, awaits financing

26 August 2026

Stardust Solar Energy (TSXV: SUN) said Zambia’s Ministry of Energy has approved and executed an implementation agreement for its planned 30 MW solar project in the Copperbelt.

Indonesian President Prabowo launches 14 solar power projects worth $7.62bn

26 August 2026

Accelerating the decarbonisation of Southeast Asia’s largest economy, the Indonesian government has officially launched the first operational phase of its utility-scale solar programme