Latest Stories

Albania beats EU on renewable electricity but hydropower reliance brings risks

19 August 2026

Renewable sources accounted for 105.2% of Albania's gross electricity consumption in 2025, Eurostat data shows, with only Norway and Iceland performing better across Europe.

Equinor enters Namibia with 17.4% stake in Chevron-operated offshore licence

19 August 2026

Equinor has agreed to acquire a 17.4% participating interest in PEL 90 offshore Namibia from Chevron subsidiary Harmattan Energy Limited, marking the Norwegian oil producer’s entry into the emerging Orange Basin.

UAE-linked tanker reportedly changes course for Iranian port

19 August 2026

A tanker intercepted in the Strait of Hormuz has changed course for Iran’s Bandar Abbas port after initially listing the UAE’s Jebel Ali as its destination.

South Africa advances $5.8bn Coega green hydrogen and ammonia project

19 August 2026

South Africa’s $5.8bn Coega green hydrogen and ammonia project is advancing towards development as its backers prepare further announcements on one of Africa’s largest proposed green-energy investments.

Guyana's government earns over $343mn in oil revenues in July

19 August 2026

Guyana's Natural Resource Fund earned approximately $343.4mn in oil revenues during July 2026, the Bank of Guyana’s July report showed.

Brazil targets B20 biodiesel approval by early 2027 as producers push for faster increase

19 August 2026

Brazil's Ministry of Mines and Energy expects to complete technical feasibility tests for biodiesel blends of up to 20% in diesel by February 2027, with potential regulatory approval by then or by August 2027 if specification adjustments are needed.

S&P affirms Angola at B- as high oil prices offset fiscal and debt risks

19 August 2026

S&P expects oil prices to average about $98 per barrel in 2026, compared with $69 per barrel in 2025 and the $61 per barrel assumption used in Angola’s 2026 budget.

Chile and Bolivia advance Calama-Uyuni power link, targeting solar surplus trade

19 August 2026

Bolivia and Chile have agreed to launch a bilateral agenda to lay the technical, regulatory and institutional groundwork for integrating their electricity systems.

API and Mexico's IMP sign pact to align oil and gas standards, boost technical training

19 August 2026

The American Petroleum Institute (API) and Mexico's Instituto Mexicano del Petróleo (IMP) have signed a memorandum of understanding aimed at deepening cooperation on industry standards, technical training and certification.

Canada revives plan to build LNG project in Quebec

19 August 2026

First Nations group Kino Aski and Marinvest Energy Canada are reviving plans to build a major LNG project in Quebec.

Ghana says gas-to-power shift saves $500mn a year as oil output rebounds, says minister

19 August 2026

Ghana's switch to gas-fired power generation has cut its reliance on imported liquid fuels, saving the country roughly $500mn a year, Energy and Green Transition Minister John Abdulai Jinapor said.

Neo Energy clears first regulatory hurdle for South African uranium-gold project

19 August 2026

Neo Energy Metals (LSE: NEO; A2X: NEO) has cleared the first of three regulatory steps required to complete its acquisition of the New Beisa Node uranium and gold project in South Africa..

Iran says reviving more than half of lost gas processing capacity could take up to two years

19 August 2026

Restoring around 57% of Iran’s gas processing capacity lost in an Israeli air strike could take one to two years, a senior official said, adding to pressure on a network already facing a sizeable supply deficit.

Czech ČEZ rejects corruption speculation involving Slovak JESS nuclear company

19 August 2026

ČEZ said it rejects "nonsensical speculations" about the value of the ČEZ share in the JESS company not bring assessed transparently.

Russia rerouting Kazakh oil exports from Baltic to Black Sea, says report

19 August 2026

Russia is said to be rerouting Kazakhstan’s crude oil exports from the Baltic port of Ust-Luga to Novorossiysk on the Black Sea, freeing capacity at the Baltic terminal for additional Russian shipments.

CPC oil shipments fall 7.4% y/y in 1H26

19 August 2026

Caspian Pipeline Consortium (CPC) shipments reportedly fell 7.4% y/y to 33.3mn tonnes in 1H26, down from 36mn tonnes a year earlier, as disruptions at its Black Sea terminal reduced export capacity.

Taipower fuel costs set to rise by more than TWD120bn

19 August 2026

Taipower vice-president Tsai Chih-meng said on August 18 that higher fuel costs had increased the company’s financial burden and urged the government to provide support.

China, Jordan trade hits $6.7bn on green tech

19 August 2026

Jordan’s King Abdullah II began his 9th state visit to China on Aug 18 as Middle Eastern economies push to diversify from traditional resources using Chinese green tech.

Czechia launches largest battery storage plant with 120 MWh capacity

19 August 2026

The largest Czech battery storage plant BESS Lipnice with a capacity of 120 megawatt hours (MWh) and an installed output 57 megawatt (MW) was launched on August 18.

Inox Clean Energy completes $628mn acquisition of Vena Energy India platform

19 August 2026

Inox Clean Energy has completed the acquisition of Vena Energy India Holdings Pte Ltd, the Indian renewable energy platform of Vena Group, from BlackRock-owned Global Infrastructure Partners (GIP) for an enterprise value of about INR60bn ($627.5mn).

Latin America LNG imports hit one-year high as Argentina leads regional demand

19 August 2026

Latin America and the Caribbean imported 80.38 Bcf of liquefied natural gas (LNG) in July, the highest monthly volume in a year, as seasonal demand in Argentina helped drive regional purchases and Honduras recorded its first-ever LNG imports.

YPF unveils $51bn Argentina LNG project, targeting $10bn in annual exports

19 August 2026

Argentina's state-controlled oil company YPF has unveiled a $51bn investment in its Argentina LNG project, the largest investment announcement in the company's history, with construction expected to begin in 2027

Indonesian LNG company Donggi Senoro pivots toward domestic gas priority

19 August 2026

Indonesian liquefied natural gas (LNG) operator PT Donggi Senoro LNG (IDX:DSLNG) is restructuring its market distribution.

Singapore signs MOU with China Atomic Energy Authority for potential nuclear energy deployment

19 August 2026

Singapore has formalised a strategic partnership with China’s nuclear regulator, seeking to accelerate technical evaluations to determine whether advanced nuclear energy can support its 2050 net-zero targets.

Philippines to auction 400MW waste power capacity in October

19 August 2026

The Philippines will hold a tender to award 400MW of waste-to-energy capacity on October 13, 2026, the Department of Energy announced.