Latest Stories

Annual overhaul starts at South Pars Refinery 12

28 July 2026

Iran has begun an eight-day annual overhaul at Refinery 12 of the South Pars Gas Complex (SPGC), focusing on improving equipment reliability and process efficiency.

Electrifying Asia – where EVs are reshaping power demand and fuel use

28 July 2026

The winners are likely to be countries capable of building integrated ecosystems spanning renewable generation, batteries, charging networks and EV manufacturing.

AEC, ENH strengthen partnership to support Mozambique’s energy investment drive

28 July 2026

The African Energy Chamber and Mozambique’s national oil company ENH have agreed to strengthen cooperation in attracting investment, expanding local content and increasing private-sector participation as the country’s gas industry grows.

Nigeria power generators say up to 4,000 MW of available capacity remains stranded

28 July 2026

Nigeria’s power generators say between 2,500 MW and 4,000 MW of available capacity remains stranded because of transmission limits, gas shortages and other system constraints.

TotalEnergies, Eni approve Cyprus' Cronos gas field via Egyptian infrastructure

28 July 2026

French TotalEnergies and its Italian counterpart Eni took Final Investment Decision to develop the Cronos gas field offshore Cyprus, establishing a subsea pipeline route to process and liquefy the gas in Egypt before exporting LNG to Europe

Argentina's energy trade surplus reaches highest first-half level in a decade

28 July 2026

Argentina recorded its strongest energy trade balance for the first six months of the year in more than a decade, with the sector's surplus increasing by $2.2bn from the same period in 2025.

Argentina's YPF sets new hydraulic fracturing record at Vaca Muerta

28 July 2026

Argentine state-controlled energy company YPF has set a new operational record at the Vaca Muerta shale formation after completing 203 consecutive hours of hydraulic fracturing at the Bandurria Sur block, the company said.

Argentina's oil output reaches record high as Vaca Muerta shale boom accelerates

28 July 2026

Argentina's crude oil production climbed to a record 887,227 barrels per day in May 2026, while natural gas output also posted strong growth, driven by expanding activity in the Vaca Muerta shale formation.

Argentina's Neuquén posts record o&g production in June as Vaca Muerta drives growth

28 July 2026

Argentina's Neuquén province reached record levels of oil and natural gas production in June 2026, driven by continued expansion in the Vaca Muerta shale formation, with crude output climbing to 648,114 barrels per day.

Paraguay delays higher biodiesel mandate after industry raises technical concerns

28 July 2026

Paraguay has delayed its planned biodiesel increase after industry concerns over fuel quality and vehicle compatibility, exposing the operational challenges of balancing energy transition goals with market readiness.

Argentina's Vista Energy seeks RIGI incentives for $5.8bn Vaca Muerta expansion

28 July 2026

Vista Energy has formally applied to join Argentina's Large Investment Incentive Regime (RIGI), committing to invest $5.8bn in expanding oil production at the Vaca Muerta shale formation.

Panama Canal advances $8bn energy corridor as prequalification enters decisive phase

28 July 2026

Panama Canal advances the prequalification process for its proposed $8bn Energy Corridor, with the pipeline project emerging as a cornerstone of the waterway's strategy to diversify revenues and strengthen its role in global energy logistics.

Nigeria targets 3.7GW solar panel manufacturing capacity by 2027

28 July 2026

Nigeria’s Rural Electrification Agency plans to establish 3.7GW of domestic solar photovoltaic panel manufacturing capacity by the end of 2027 as the country seeks to reduce equipment imports and expand electricity access.

Cheaper Brazilian and Guyanese crude challenges West Africa's export dominance

28 July 2026

Latin American crude is displacing West African grades in Europe and China as lower prices outweigh stronger refining yields, signalling a structural shift in global oil trade and pricing dynamics.

Guyana’s offshore oil boom brings a long-term liability into sharper focus

28 July 2026

While Guyana’s offshore oil sector is defined by rapid production growth, regulators and operators are increasingly confronting a less visible challenge: ensuring the country is prepared for the eventual retirement of its offshore infrastructure.

Iran speeds up Kharg oil terminal projects amid US threats against export island

28 July 2026

Iran is pressing ahead with the completion of development and infrastructure projects at its Kharg Island oil terminal, a senior Oil Ministry official said, as the United States continues to threaten to seize the island.

Saipem secures Baleine Phase 3 contract in Côte d’Ivoire

28 July 2026

Saipem has secured an engineering and construction contract from Eni Côte d’Ivoire and its project partners for Baleine Phase 3, the latest development stage of the offshore oil and gas field.

Envusa closes financing on 63-MW solar project for Kumba Iron Ore’s South Africa mine

28 July 2026

Envusa Energy has reached financial close on a 72.5-MWp solar plant that will supply up to 63 MW to Kumba Iron Ore’s Sishen mine in South Africa.

Uganda pushes expected start of commercial oil production to September

28 July 2026

Uganda expects to begin commercial oil production in September, shifting from an earlier target of first oil by July 31 as work continues on the Tilenga and Kingfisher developments and the East African Crude Oil Pipeline (EACOP).

India’s Navitas Solar wins $20mn EPC contract for Zambia project

28 July 2026

India’s Navitas Solar has secured a $20mn EPC contract to build a 54-MW solar project in Serenje, Zambia, marking its first utility-scale EPC project in Africa.

MSC launches feeder services for Mozambique LNG project cargo

28 July 2026

Mediterranean Shipping Company (MSC) has launched dedicated coastal feeder services linking Afungi in northern Mozambique separately with the ports of Nacala and Maputo to support cargo flows for the LNG development at Afungi.

Malawi commissions first standalone utility-scale battery storage system

28 July 2026

Malawi has commissioned its first standalone utility-scale battery energy storage system, a 20-MW/40-MWh facility in Lilongwe designed to stabilise the grid, support renewable power and reduce outages.

NOA to supply wheeled renewable power to South Africa’s Idwala

28 July 2026

South African energy company NOA has signed an agreement to supply wheeled renewable electricity to industrial minerals producer Idwala Industrial Holdings

Nigeria allows larger solar users to export surplus power under net-billing rules

28 July 2026

Nigeria has introduced a net-billing framework allowing eligible electricity customers with solar systems to export surplus power into their distribution company’s network and receive credits against future electricity bills.