Latest Stories

Chinese LNG imports rebound in July amid eased Middle Eastern disruptions

19 August 2026

China's LNG imports increased year on year in July as buying continued to recover from the sharp downturn earlier this year, although imports remained lower over the first seven months as a whole.

SLB scores deal to restore wells off Brunei

19 August 2026

Global oilfield services contractor SLB has secured a contract from Brunei Shell Petroleum to help restore production from shut-in wells across several mature offshore fields in Brunei.

Southeast Asia’s upstream growth is shifting to gas

19 August 2026

Ageing oilfields are absorbing capital to slow decline, while the region’s biggest new supply opportunities are increasingly in gas.

Woodside plans ninth infill well at Australia's Pluto gas field

19 August 2026

Australian oil and gas major Woodside Energy is planning a ninth infill production well at the Pluto gas field offshore Western Australia as it seeks to maximise output from the mature asset and make fuller use of processing capacity at Pluto LNG.

ASX-listed Strike sees bump in reserves at Australia's Walyering gas field

19 August 2026

Sydney-listed Strike Energy has increased 2P gas reserves at its Walyering field in Western Australia following the addition of resources from the recently discovered Walyering West accumulation.

SolarAfrica closes financing for first 342 MW of 1-GW SunCentral solar project

19 August 2026

South African renewable energy developer SolarAfrica has reached financial close on the final 114-MW plant in the first phase of its planned 1-GW SunCentral solar development, completing financing for an initial 342 MW of generation capacity.

Vaca Muerta recoverable oil estimate is doubled

19 August 2026

Argentina has nearly doubled its estimated recoverable oil in the Vaca Muerta shale formation to 30.17bn barrels, up from 16.22bn barrels in 2013

Australia's Santos looks forward to H2 boost in oil and gas output

19 August 2026

Australian oil giant Santos expects production to rise sharply in the second half of this year as its Barossa gas project offshore northern Australia approaches full capacity and the Pikka oil development in Alaska continues to ramp up.

Braskem Idesa files Chapter 11 in US, parent eyes Brazil debt restructuring

19 August 2026

Mexican petrochemical firm Braskem Idesa, a joint venture between Brazil's Braskem and Mexico's Grupo Idesa, has filed for Chapter 11 bankruptcy in the United States after striking agreements with creditors and shareholders to cut debt.

Tanzania development bank expands financing push for renewable energy projects

19 August 2026

​TIB Development Bank is preparing to increase financing for energy projects in Tanzania, including solar, wind and hydropower, as the state-owned lender seeks to advance the country’s Dira 2050 development agenda.

Australia's Equus strikes gas deal on road to FID key project

19 August 2026

Australian developer Equus Energy has signed a binding conditional 10-year gas sales agreement with Alcoa of Australia, securing a foundation customer for its proposed Equus Gas Project.

Regional integration key to SADC energy security, Ramaphosa says

19 August 2026

South African President Cyril Ramaphosa and the African Energy Chamber are calling for deeper regional integration in energy, infrastructure and trade to strengthen SADC’s energy security and support industrial development.

Australia could loosen gas reserves requirements amid opposition, says operator CEO

19 August 2026

Australia's government could soften elements of its proposed domestic gas reservation scheme following strong industry opposition.

ASP Isotopes' nuclear fuels unit evaluates metal-conversion pilot facility in Namibia

19 August 2026

ASP Isotopes said its nuclear fuels subsidiary Quantum Leap Energy (QLE) is evaluating metal-conversion opportunities in Namibia, including a proposed pilot-scale hydrofluorination and fluorination facility near Walvis Bay.

Croatia's available electricity falls 0.6% y/y in June

19 August 2026

Electricity available for Croatia's domestic market fell 0.6% year-on-year to 1,567 gigawatt-hours (GWh) in June, the National Bureau of Statistics (DZS) said on August 19.

Iran’s top refinery raises daily petrol output to 49mn litres using methanol

19 August 2026

The Persian Gulf Star Oil Co. (PGSOC), Iran’s largest fuel producer, has boosted daily petrol production to 49mn litres after successfully testing a new process that blends methanol into petrol, its chief executive said.

Mozambique mulls adding up to 78 MW of new hydropower capacity in Manica

19 August 2026

Mozambique’s state-owned electricity utility EDM is assessing two proposed hydropower projects with a combined capacity of up to 78 MW in the central province of Manica as industrial and household electricity demand rise.

Arabian Drilling signs Oman contract with Masirah Oil for up to four offshore wells

19 August 2026

Arabian Drilling Company has signed a contract with Masirah Oil Limited and Northern Offshore Ltd to drill two firm wells and two optional wells offshore Oman, the Saudi-listed drilling contractor announced on August 19.

KenGen expands long-term power pipeline to 5.5 GW with 2 GW nuclear push

19 August 2026

Kenya Electricity Generating Company (NSE: KEGN) has expanded its long-term power development pipeline to 5,500 MW from an earlier target of 1,500 MW, including plans for 2,000 MW of nuclear capacity.

Enel Chile pushes battery storage build-out past 730MW with Finis Terrae start

19 August 2026

Enel Chile has begun construction of Finis Terrae BESS, a 100MW battery storage system in the Antofagasta region, marking the company's third major energy storage project under way in the area.

Australia seeks consultations on ways to bolster domestic fuel security

19 August 2026

Australia has launched consultations on measures to strengthen domestic fuel security, including the creation of a 1bn-litre strategic reserve of diesel and jet fuel and higher minimum stockholding requirements for fuel suppliers.

Zambia approves $982mn energy investment pipeline with 11 new solar projects

19 August 2026

Zambia’s Energy Regulation Board (ERB) has approved licences and construction permits representing about ZMW18.4bn ($982mn) in proposed energy investment, including construction permits for 11 utility-scale solar projects.

Peru fuel subsidies expose gap between short-term relief, energy policy

19 August 2026

Peru’s fuel subsidies offer short-term relief, but the deeper problem is structural: domestic gas remains underused while infrastructure and investment needed to lower regional energy costs remain stalled.

Guyana's oil boom has lifted it past the US on GDP per capita

19 August 2026

Six years after its first barrel, Guyana has the fastest-growing income per head in the world - and has overtaken the United States on the measure.

Russia's second round of a fuel crisis widens as Belarusian refinery shuts down for maintenance

19 August 2026

Petrol or diesel was on sale at little more than a quarter of Russia's filling stations in mid-August, the worst reading yet of a shortage now in its second wave.