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Bolivia's gas exports fall 13% in first half as reserves shrink to decade low
Bolivia's natural gas exports fell 12.9% to $498.1mn in the first half of 2026, down from $571.7mn in the same period last year, according to data from the Instituto Nacional de Estadística (INE).
YPF develops new Vaca Muerta wells to support Argentina LNG export project
Argentine state energy firm YPF is developing 12 new wells in the Vaca Muerta shale formation to secure gas supply for the Argentina LNG project, whose first phase will rely on floating liquefied natural gas (FLNG) units off the coast of Río Negro.
Bolivia braces for "Super El Niño" and gas shortfall with no formal plan in place
Bolivia faces a combined threat from an intensifying El Niño weather pattern and declining natural gas production that could shave between 0.3 and 2 percentage points off national economic output.
Crude oil becomes Argentina’s top export as Vaca Muerta expands
Crude oil became Argentina’s largest export during the first half of 2026, surpassing corn and soybean meal as Vaca Muerta’s rapid expansion strengthened the energy sector’s role in the country’s export economy.
Harold Hamm seeks to expand Continental Resources in Argentina’s Vaca Muerta
US shale billionaire Harold Hamm is seeking to expand Continental Resources’ presence in Argentina’s Vaca Muerta shale basin by competing for new acreage in an auction in Neuquén province.
ExxonMobil nears full return on investment in Guyana
ExxonMobil's oil consortium has recovered the $55bn invested in Guyana's Stabroek Block roughly two years ahead of schedule, reshaping the financial dynamics of the rapidly growing Latin American energy asset.
Albania signs €114mn energy agreements with Germany
Albania has signed three agreements with Germany worth around €114mn in loans and grants to support energy infrastructure upgrades, including transmission system digitalisation and rehabilitation of a major hydropower plant, the...
DRC’s Manono lithium project dispatches first 2,000-tonne export cargo
The concentrate was produced by Manono Lithium, the company developing the northeastern section of the wider Manono deposit. China’s Zijin Mining (SHA:601899; HKG:2899) controls the venture.
Nigeria’s NCDMB, BOI launch $100mn oil and gas equity fund
Nigeria’s Nigerian Content Development and Monitoring Board (NCDMB) and Bank of Industry (BOI) have established a $100mn equity investment scheme to provide long-term capital to indigenous companies operating across the oil and gas value chain.
Ghana explores cedi-for-crude plan to ease foreign exchange pressure
Ghana is considering allowing domestic refineries to pay for locally produced crude oil in cedis rather than US dollars as part of efforts to reduce pressure on the foreign-exchange market.
Tullow seeks rig for 10-well campaign at Ghana’s Jubilee oilfield
Tullow Oil (LSE/GSE:TLW) is seeking a deepwater rig for a 10-well drilling campaign expected to begin at Ghana’s Jubilee oilfield in 2027. The programme is expected to continue into 2028
Turkey's installed electricity capacity exceeds 126 GW
Turkey's installed electricity generation capacity exceeded 126,000 megawatts at the end of June, reaching 126,113 MW, according to a statement from the Energy and Natural Resources Ministry.
Cox secures Panama wind deal as long-term renewable investment accelerates in Central America
Cox’s $350m Panama wind contract strengthens its renewable energy portfolio, securing long-term power supply while supporting the country’s energy transition and highlighting Central America’s growing role in clean infrastructure investment.
Pemex ends Krem-1 gas fire in Mexico, but environmental questions remain unresolved
Pemex has closed the Krem-1 gas well after months of flaring in Veracruz. The shutdown ends the immediate crisis, but environmental assessments, community compensation and questions over energy safety standards remain.
Platts launches Sea of Oman tanker freight assessments
Platts, a division of S&P Global, announced on August 4 the launch of new tanker freight assessments covering crude oil and refined product shipments from the Sea of Oman to North Asia.
Mexico’s LNG expansion reaches new stage, raising strategic and market questions
Mexico has entered a new phase in its ambition to become a liquefied natural gas (LNG) exporter after Energía Costa Azul completed its first commercial shipment on 8 July, marking the operational launch of the country’s second LNG export terminal.
Yemen's Houthis claim drone strike on Saudi Arabia's Najran airport
Yemen's Houthi forces claimed a drone strike on a Saudi military asset at Najran airport, their military spokesman said, in a further reported escalation with Riyadh, though Saudi authorities did not confirm it and the claim could not be verified.
Saudi Energy lifts first-half net profit 7.5% to $1.79bn on asset base growth
Saudi Energy, formerly Saudi Electricity Company, lifted first-half net profit 7.5% to SAR6.7bn ($1.79bn) as revenue rose 10.5% to SAR52.2bn, with its regulated asset base up 14.1% year on year to SAR271.8bn.
Pemex profit masks structural weaknesses as production, financing pressures persist
Pemex returned to profit in Q2, but higher oil prices have done more to improve earnings than operational reforms. Weak production growth, heavy debt and continued reliance on government support remain the company’s defining challenges.
ExxonMobil eyes standardised ninth Guyana FPSO to cut costs and accelerate offshore expansion
ExxonMobil is evaluating a ninth FPSO offshore Guyana by replicating the Longtail development model, aiming to reduce costs, accelerate production and strengthen the country's position as a global energy growth hub.
Guyana's oil revenues rise as ExxonMobil completes cost recovery
Guyana's oil windfall enters a new chapter as ExxonMobil recovers its development costs ahead of schedule, increasing the state's share of petroleum revenues while exposing the challenges of long-term economic diversification.
Guyana's oil boom tests the limits of state capacity
Guyana's oil boom is transforming its economy, but mounting pressure on infrastructure and institutions highlights the governance challenges of managing one of the world's fastest-growing energy producers.
UK's GBP21.7bn carbon-capture bet faces a credibility gap - Carbon Brief
Carbon capture and storage (CCS) - technology that catches CO2 from a factory or power plant and injects it underground - is central to most official net-zero roadmaps, but remains marginal in practice and mired in controversy.
US extends sanctions relief on PDVSA bond to September 2026
The US Treasury Department's Office of Foreign Assets Control (OFAC) issued a new general license on August 3 extending, until September 17, 2026, the authorisation for certain transactions tied to state oil company PDVSA.
Russia hits over 200 Ukrainian petrol stations in June-July campaign
Russia has struck more than 200 Ukrainian petrol stations since June - roughly three a day - as its drone and missile campaign systematically targets civilian fuel infrastructure rather than military sites.
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