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Egypt confirms Damietta Port fire caused by drone strike
The Egyptian Cabinet announced on July 30 that initial investigations into the fire involving two natural gas vessels at Damietta Port confirmed it was caused by an incoming drone strike
AME, EDF launch sale of 115MW Chilean solar plant Santiago Solar
Chilean firm AME and France's EDF Power Solutions Chile have kicked off the sale of Santiago Solar, a 115MWp photovoltaic plant located in Til Til, in Chile's Metropolitan region.
Bolivia arrests former hydrocarbons minister over faulty fuel scandal
Bolivian police arrested former Hydrocarbons Minister Mauricio Medinaceli in La Paz as part of an investigation into the purchase of substandard fuel by Rodrigo Paz's government.
Ex-Ghana refinery chief goes on trial in US bribery case over power plant deal
US prosecutors allege that between 2014 and 2017 Berko help channel payments intended to secure approvals for the development and operation of a power plant in Ghana.
Morocco seeks US, World Bank backing for $26bn African gas pipeline
Morocco is seeking US Exim Bank and World Bank support for the proposed $26bn African Atlantic Gas Pipeline linking Nigeria and West African markets with Morocco and Europe.
Kenya Pipeline Company appoints two Ugandan officials to board
Uganda’s Treasury permanent secretary Ramathan Ggoobi and Energy Ministry permanent secretary Irene Pauline Bateebe joined the board as non-executive directors with effect from July 28.
Shell, Phillips 66 reportedly weighing sale of Explorer pipeline stakes
Shell and Phillips 66 are reportedly exploring a potential a sale of their stakes in the company that owns the Explorer pipeline.
Devon reportedly considering Eagle Ford, Powder River asset sale
Devon Energy is reportedly exploring a sale of its assets in the Eagle Ford shale in Texas and the Powder River Basin in Wyoming.
Nigeria plans 24 new refineries, targets 2.6mn bpd by 2030
Nigeria’s planned refining capacity could rise to 2.64mn barrels per day by 2030 if 24 proposed new refineries backed by $10.74bn in investment are completed.
Paratus exits Mexican drilling business after completing Fontis sale
Paratus completes the sale of Fontis' Mexican drilling business, accelerating its transformation into a pure-play offshore infrastructure services provider with stronger cash flow visibility and a fully contracted PLSV fleet.
Curaçao tests its ambitions to become the logistics backbone of the Guiana Basin oil boom
Curaçao is seeking to capitalise on the Guiana Basin's offshore expansion by offering crude storage, transshipment and maritime services. But without firm operator commitments, its logistics hub ambitions remain a strategic bet.
Zimbabwe miners forecast 50% electricity-demand surge to 1,500 MW
Zimbabwe's mining industry expects its electricity demand to exceed 1,500 MW over the next 12 months as companies expand production and invest in mineral beneficiation, increasing pressure on the country's power infrastructure.
Guyana advances Whiptail development as ExxonMobil begins subsea installation
Subsea installation has begun on ExxonMobil's $12.7bn Whiptail project, advancing Guyana's next major offshore oil development towards first production in 2027 and boosting future output to around 1.3mn bpd.
US gas giant Expand’s evolution continues with Twin Eagle acquisition
Expand Energy is buying Twin Eagle Holdings for $1.25bn in a deal that will turn the US' largest gas producer into a leading gas marketer as well.
ADNOC Drilling revenue rises% in H1 of 2026
ADNOC Drilling posted a record first-half revenue of $2.46bn, up 4% y/y, as the Abu Dhabi-listed drilling and oilfield services company maintained full-year guidance of approximately $5bn.
Paratus Energy completes sale of Mexican drilling unit to Fontis buyer
Paratus Energy Services said July 29 it had completed the sale of Fontis' drilling operations and jack-up fleet in Mexico, closing a transaction that leaves the Norwegian-listed offshore services group focused solely on pipe-laying support vessels.
Borr Drilling's Mexican venture completes $287mn acquisition of five jack-up rigs
Borr Drilling said on July 29 that BC Ventures, its 50/50 joint venture with a long-standing well construction partner in Mexico, had finalised the previously disclosed purchase of five premium jack-up rigs from Fontis Finance.
IMF chief visited Argentina’s Vaca Muerta shale field during Buenos Aires trip
IMF Managing Director Kristalina Georgieva visited Argentina’s Vaca Muerta shale field in Neuquén province on July 28 during the second day of her trip to the country, touring the Loma Campana development operated by state energy company YPF.
Kinetiko Energy raises $3.8mn to support South Africa gas development
Australia-listed Kinetiko Energy has secured commitments for an AUD5.4mn ($3.8mn) placement to fund drilling, permitting and development of its South African gas assets.
SolarAfrica to acquire 184-MW solar and storage project in South Africa
The project is expected to begin supplying grid-connected electricity to commercial and industrial customers in the second half of 2028.
Kazakhstan opens new export route to UK for fertiliser shipments
Kazakhstan has opened a new export route to the UK for fertiliser shipments via the Trans-Caspian International Transport Route (TITR), also known as the Middle Corridor.
Uganda advances $400mn green hydrogen project to cut fertiliser imports, targets exports
Uganda is moving ahead with plans to establish its first large-scale green hydrogen project as the government seeks to use the country's surplus renewable electricity to support industrialisation, reduce fertiliser imports.
Nigeria loses 62,400 GWh of potential power to gas flaring in 2024-25
Nigeria lost an estimated 62,400 GWh of potential electricity generation to gas flaring in 2024 and 2025, an increase of 18.6% from 50,800 GWh in the preceding two-year period, despite Federal Government penalties and measures to curb the practice
Hungary shuts down one reactor at Paks NPP in an unprecedented move as Danube hits record-low levels
Extreme low level of Danube forced Hungary to take a 500 MW reactor at the Paks nuclear plant offline for the first time, reducing capacity by 40%.
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