Latest Stories

China's viral gravity battery tower in Jiangsu is a 2023 project

30 October 2026

A concrete tower in China's Jiangsu province that stores wind power by hoisting heavy blocks is going viral again, nearly three years after it was hooked up to the grid.

Russia's fuel crisis eases as refineries restart and Ukraine's strikes slow

30 October 2026

Russian regions are lifting limits on petrol sales as Ukraine's drone strikes on refineries slow under US pressure and damaged plants come back online.

Brazil's Petrobras pumps record 3.5mn boepd as exports climb 20.7%

30 October 2026

Brazil's state-run Petrobras reports record production and exports in 3Q26.

Marula proposes 30% empowerment stakes in South African lithium and tungsten projects

30 October 2026

Marula Mining has proposed transferring 30% interests in two South African project companies to Broad-Based Black Economic Empowerment (B-BBEE) vehicles, covering its Blesberg lithium-tantalum mine and Northern Cape tungsten project

Nigeria's Seplat reports oil and gas discovery as nine-month net profit surges 174%

30 October 2026

Nigerian energy producer Seplat Energy (LSE:SEPL; NGX:SEPLAT) has reported a new oil and gas discovery in the Niger Delta as nine-month net profit rose 174% to $260.2mn, supported by higher production, stronger realised oil prices

Kenya's KenGen shareholders approve 16.7% dividend cut as capital spending rises

30 October 2026

Kenya Electricity Generating Company (NSE: KEGN), the state-controlled power producer, secured shareholder approval on October 29 for a 16.7% dividend cut

Oil shock freezes Chile's rate cuts as the economy stalls

30 October 2026

A jump in oil prices has frozen Chile's interest rate cuts at the very moment its economy has started to shrink.

Carlyle and EBRD agree to sell Romanian Black Sea gas operations to Mazarine

30 October 2026

BSOG operates the Midia Natural Gas Development project, the first offshore hydrocarbon production development in the Romanian sector of the Black Sea in more than 30 years.

Nigeria's FAAC receipts rise 13% in 9M to $23.4bn as deductions fall

30 October 2026

Nigeria’s gross Federation Account Allocation Committee (FAAC) revenue rose a nominal 12.6% year on year to NGN31.46 trillion ($23.3bn) in the first nine months of 2026, according to an analysis by Nigerian think tank Agora Policy

Namibia's Namport closes Walvis Bay oil port bids, targets 2027 construction

30 October 2026

Namibia's state-owned ports operator Namport has closed bids for new berths and infrastructure upgrades at Walvis Bay's South Port, targeting construction from early 2027 to support offshore oil developments.

Nigeria’s south-east gas network advances with $3mn commitment

30 October 2026

Nigeria’s proposed 400-kilometre gas distribution network across five south-eastern states has entered the investment and project development phase

Angola gas exports plunge 48% in third quarter as crude receipts rise

30 October 2026

Angola's natural gas exports plunged 48.1% quarter-on-quarter to 788,960 tonnes in the third quarter of 2026 following scheduled maintenance at its liquefied natural gas (LNG) plant, while crude oil export earnings rose 31.8% year-on-year.

Mozambique's ENH and BCI sign MoU for gas-sector supplier credit line

30 October 2026

Mozambique's state-owned hydrocarbons company ENH and Banco Comercial e de Investimentos (BCI) have signed a memorandum of understanding to establish a credit facility for local businesses seeking contracts in the country's oil and gas industry.

Zambia's Zesco could face $23.1bn financing gap under open-access power scenario

30 October 2026

Zambia's state-owned electricity utility Zesco could face a financing shortfall of up to $23.1bn between 2033 and 2050 under an open-access electricity market scenario presented by the Ministry of Energy.

Botswana cites project progress under $12bn Qatar pledge despite financing uncertainty

30 October 2026

Airport City and the Serowe coal-bed gas project have entered the implementation phase

Collapse of talks between KHNP and Daewoo/Doosan consortium set to delay Czechia's Dukovany NPP expansion

30 October 2026

KHNP was selected to deliver two new units at Dukovany NPP worth €16.7bn, but terminated talks with the construction consortium.

Poland's Polsat Plus Group plans power and property divestments in new TMT strategy, shares tumble

30 October 2026

Polsat Plus Group announced a new strategy on October 29, under which the company will focus on its core TMT business, divesting its power and real estate arms. After the announcement, its share price plummeted by 17.67% on the day.

Polish energy group Orlen says North Sea Afrodite recoverable gas resources more than double

30 October 2026

Poland's biggest power group, Orlen, reported on October 29 that new appraisal drilling on the Afrodite discovery in the North Sea shows that recoverable resources are more than twice the original estimate.

Indonesia accuses Singapore of reselling LNG cargoes

30 October 2026

Indonesia's top energy official has accused Singapore of selling part of the liquefied natural gas (LNG) it buys from Indonesia on to other countries.

CMA CGM launches Vietnam's first fully electric container barge

30 October 2026

French container line CMA CGM has launched Vietnam's first fully electric barge with port operator Gemadept (GMD) and sportswear brand Nike (NKE).

Colombia rations gas as Spec terminal repair cuts supply ahead of El Niño

30 October 2026

Colombia’s Ministry of Mines and Energy declared scheduled natural gas rationing from October 27 after a fault in one of four regasification trains at the Spec LNG terminal in Cartagena, the only facility through which the country imports gas