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Russia says US is in talks to use its LNG technology in Alaska
The US is in active talks to use Russian technology for an LNG plant in Alaska, Kremlin deputy chief of staff Maxim Oreshkin said on October 28.
EU gas storage stalls at record low as central Europe starts drawing down
EU gas storage has all but stopped filling at 74.9%, a record low for late October, with Austria, Slovakia and the Czech Republic drawing gas out for a second week.
Latin America energy inflation hits year high amid Iran-US tension
Energy inflation across Latin America and the Caribbean rose to 8.33% year on year in August, the highest reading in 12 months, OLACDE said.
OKKO targets 337 MW of wind capacity and bioethanol plant launch in 2027
Ukrainian energy and fuel group OKKO plans to commission a 147-megawatt wind farm in the Volyn region by the end of 2026 or in the first quarter of 2027, while construction is under way on a second project with capacity of about 190 MW.
Latin America well placed to supply alternative marine fuels, IBIA says
Latin America is well placed to produce and export alternative shipping fuels, the head of the International Bunker Industry Association (IBIA) told MundoMaritimo.
South Africa's EPIX launches renewable power trading after Investec licence transfer
Investec–Energy Partners joint venture begins electricity trading as South Africa targets April 2027 opening for wholesale power market.
Norway’s Aker Solutions forecasts sharp revenue decline in 2027 as major projects wind down
Norway's Aker Solutions expects revenue to fall by around 30% in 2027 as major offshore oil and gas projects approach completion, despite maintaining a substantial order backlog.
Peru releases $475mn bridge loan to Petroperu
Peru's private investment promotion agency, Proinversión, has disbursed a $475mn bridge loan to state oil company Petroperú, and more than half of the money is earmarked for buying crude and fuel.
BlueNord reports higher Danish output as Tyra reaches record production rates
Norway's BlueNord has reported a sharp increase in oil and gas production from its Danish North Sea assets, supported by improved performance at the redeveloped Tyra gas hub.
UK Budget assumes Rosebank approval despite cabinet divisions
The UK government's fiscal forecasts reportedly assume that the controversial Rosebank oilfield will receive development approval.
Peru's Petroperú finds tenth illegal tap on pipeline
Peru's state oil company Petroperú has found its tenth illegal tap on the Norperuano Pipeline since June, this time in the Lambayeque district of Olmos, where crude leaked onto a rural road beside farmland.
Norway's Equinor doubles quarterly earnings as surging prices lift profits to four-year high
Norway's Equinor has reported its strongest quarterly earnings in almost four years, benefiting from soaring oil and gas prices and higher production, while raising its full-year output growth forecast.
Gas loses ground in European power markets despite rising electricity demand
Natural gas is losing market share in several major European electricity markets, with gas-fired generation falling to multi-year lows in the UK, the Netherlands and Türkiye as renewable energy and other power sources displace the fuel.
Algeria exports 3.4mn barrels of refined oil products to eight unusual destinations
Algeria exported nine unusual seaborne shipments of refined petroleum products totalling approximately 3.4mn barrels to eight countries during the first nine months of 2026
European gas prices approach €100 per MWh as winter supply fears intensify
European natural gas prices have climbed to their highest level in almost four years, approaching €100 per MWh as concerns mount over insufficient storage, disrupted LNG supplies and the prospect of colder weather.
Equinor, Aker BP join forces to unlock 2.8bn boe of challenging Norwegian resources
The Norwegian Offshore Directorate estimates that mapped tight reservoirs on the country's continental shelf have a combined recovery potential of around 2.8bn boe.
France prepares diesel reserve release as fuel shortages persist
France is preparing to release 10mn barrels of diesel from its strategic reserves on November 1 to ease record-high fuel prices, as supply shortages continue to affect filling stations across the country despite signs of improvement.
UK oil and gas industry seeks early windfall tax reform to unlock £50bn investment
The UK’s offshore oil and gas industry has urged the government to accelerate reform of its windfall tax regime in the October 28 Budget.
Eni advances Cyprus gas breakthrough as Egypt emerges as export gateway
The launch of Cronos construction contracts brings Cyprus closer to its first commercial gas production, while strengthening Egypt's ambitions to become an Eastern Mediterranean energy hub.
ExxonMobil confirms new Guyana discovery, assesses Ranger development
ExxonMobil has made a new hydrocarbon discovery at the Rockhead-1 exploration well in Guyana's offshore Stabroek Block, potentially strengthening the case for a commercial development centred on the nearby Ranger discovery.
Brazil's Petrobras lowers carbon intensity of sustainable jet fuel
Petrobras (B3: PETR4, NYSE: PBR) has cut the carbon intensity of its sustainable aviation fuel (SAF) by 23.8% after changing how it handles hydrogen at its Duque de Caxias plant in Brazil.
Brazil and Argentina reshape Latin America's oil and gas hierarchy
Latin America's oil and gas industry is undergoing a significant realignment as Brazil consolidates its regional dominance and Argentina accelerates development of its Vaca Muerta shale formation.
Chevron and TotalEnergies test Argentina’s ability to turn shale wealth into export growth
Argentina's emergence as a major international oil and gas producer is entering a decisive phase as Chevron and TotalEnergies prepare multibillion-dollar investments.
Nigeria's Transcorp nine-month profit falls 18% to $54.9mn
Nigeria's listed conglomerate Transnational Corporation Plc (NGX: TRANSCORP) reported a 17.9% year-on-year decline in profit after tax to NGN75.09bn ($54.9mn) in the first nine months of 2026, while revenue fell 13.3%.
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