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Wildfires ravage Southern Europe – Statista
Southern Europe’s wildfire season used to typically run from July to September, but now data shows that it is getting longer and more intense.
Myanmar secures fuel supplies after four tankers dock
Fuel deliveries to Myanmar received a boost after four tankers arrived at Thilawa Port, as authorities stepped up efforts to safeguard domestic supplies.
Vietnam's PVEP begins $350mn offshore gas project
The launch of a new offshore gas project is expected to strengthen domestic energy supplies for southwestern Vietnam from late 2027.
Vietnam seeks green finance to strengthen climate transition
Green finance is emerging as a crucial driver of Vietnam’s shift towards a low-carbon economy, helping businesses fund cleaner technologies and meet rising global sustainability standards.
Tehran seeks to relocate fuel depots months after Israeli strikes
Tehran’s municipality is pursuing plans to relocate the Iranian capital’s fuel storage depots, Mayor Alireza Zakani said, nearly four months after Israeli air strikes triggered massive fires at several of the facilities.
Egyptian authorities refute drone strike claims, confirm Damietta Port fire contained
Egyptian security sources and official authorities have explicitly denied reports circulating from maritime security firms claiming that a drone strike targeted Damietta Port
Serbia's NIS starts trial operation of two gas-fired power plants
Serbian oil company NIS said on July 29 it had started trial operations at two gas-fired power plants that will generate electricity from previously unused natural gas at its Banatsko Miloševo and Srpska Crnja gas fields.
US targets Cuban energy firms with new sanctions on gas imports and oil research
The US imposed fresh sanctions on three Cuban energy companies, including a state-owned petroleum research entity and two gas importers, expanding measures against the island's energy sector under Executive Order 14404, the US State Department said
US sanctions Iran's HormuzSafe marine insurer, shadow fleet tankers
The US has sanctioned Iran's state-backed marine insurer HormuzSafe, a second Iranian insurer and a network of shadow fleet tankers and shipping firms under Executive Order 13902, OFAC said on July 29, in a fresh move against Tehran's oil exports.
Sanctions on Russia backfire, leaving Spain's firefighting helicopters grounded as wildfires rage
EU sanctions on Russia have backfired, leaving Spain's best Russian-built Kamov Ka-32 firefighting helicopters grounded as severe wildfires burn across southern Europe, reported Berliner Zeitung.
Bulgaria seeks new Lukoil law after court ruling on state administrator
Bulgaria's government will ask parliament to urgently approve legislation to preserve state oversight of two local units of Russian oil group Lukoil after the Constitutional Court ruled that the appointment of a state-appointed special administrator.
US funds engineering study for $4.5bn Morocco ammonia project
The US Trade and Development Agency will fund an engineering study for a planned $4.5bn ammonia project near Laayoune in Western Sahara, targeting annual production of up to 560,000 tonnes.
Oman launches advisory tender for up to 3 GW of solar IPPs
Oman launched on July 29 a tender for financial and commercial advisory services to support the development of up to 3 gigawatts (GW) of utility-scale solar independent power projects (IPPs).
US, Saudi consortium picks Gulf refinery site outside Hormuz in $5bn plan
A US-Saudi consortium, MERA Oil, has shortlisted three Gulf sites outside the Strait of Hormuz for a $5bn, 200,000 b/d refinery and export corridor, with a preferred host expected by the end of 2026.
Iran, Oman exchange proposals on future management of Strait of Hormuz
Iran and Oman have exchanged competing proposals over the future management of the Strait of Hormuz, as negotiations continue on the governance of one of the world's most strategically important maritime chokepoints following months of conflict.
Venezuela’s oil billions expose the price of US control
The Trump administration’s refusal to provide a clear account of more than $13bn in Venezuelan oil revenue is becoming increasingly difficult to defend.
Turkey, Iraq sign five agreements across key sectors as al-Zaidi visits Ankara
Turkey and Iraq signed five agreements and memoranda of understanding (MoU) covering energy, transport, education, youth and industrial property during Iraqi Prime Minister Ali al-Zaidi's official visit to Ankara.
Chile eyes up to 58GW of new solar capacity by 2057 in long-term energy roadmap
Chile could add between 27GW and 58GW of new solar photovoltaic capacity over the next 30 years, according to the Ministry of Energy's preliminary Long-Term Energy Planning report (PELP) 2028-2032, alongside 16GW to 27GW of new onshore wind capacity.
Middle East tensions push Mexican crude export price above forecasts
The export price of Mexican crude oil closed at $79.19 per barrel on July 27, a 4.67% rise from the roughly $53 per barrel recorded in late 2025, as escalating tensions in the Middle East lifted global energy markets and boosted revenue prospects.
Nigeria LNG revenue exceeds $149.6bn as dividends reach $47.2bn
Nigeria LNG Limited has generated more than $149.6bn in cumulative revenue, paid over $47.2bn in dividends and remitted more than $10.8bn in taxes as it advances the Train 7 expansion.
Nigeria records Africa’s sharpest petrol price rise during Middle East conflict, MEMAN says
Nigeria recorded a 39.5% petrol price surge during the first half of 2026, the sharpest increase in Africa, according to MEMAN, as Middle East conflict disrupted oil markets and shipping.
Tehran mayor pushes to close Iran's capital oil depots after strikes
Tehran's mayor says the municipality is pursuing permanent closure of oil depots inside the capital, which lost capacity after being struck in the war. Residents want the sites relocated and the oil company has cooperated in talks.
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