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Argentina's YPF to implement 10-for-1 stock split in August
Argentina’s state-controlled energy company YPF will implement a 10-for-1 stock split on August 4, lowering the unit price of its locally traded shares in a move aimed at making the stock more accessible to retail investors.
Argentina's Vista, YPF weigh RIGI bid for Vaca Muerta block as shale expansion accelerates
Vista Energy and state-controlled YPF are evaluating an application for benefits under Argentina’s Large Investment Incentive Regime (RIGI) for the jointly held Bajo del Toro block in the Vaca Muerta shale formation.
Pampa Energía secures RIGI approval for $4.5bn Vaca Muerta oil project
Pampa Energía has secured approval under Argentina’s Large Investment Incentive Regime (RIGI) for a $4.5bn oil development in the Vaca Muerta shale formation, allowing the company to move forward.
Sasol’s Secunda output reaches five-year high after coal-quality upgrade
Sasol attributed the performance to improved coal quality following the implementation of its destoning project, increased natural gas availability and stable operations at Secunda during the fourth quarter.
Afreximbank approves $200mn facility for Algeria’s Hassi Bir Rekaiz oil project
African Export-Import Bank (Afreximbank) has approved a $200mn revolving facility for Shoreline Power Company and its co-borrowers to support work on the $980mn Hassi Bir Rekaiz oilfield expansion in Algeria.
Ghana consumer group urges fuel levy cut as global oil prices climb
The appeal comes after Ghana’s National Petroleum Authority raised its minimum ex-pump prices for the second half of July.
Istanbul-listed Aksa obtains €57mn 10-year loan from Germany’s Helaba bank under Swiss insurance for 255-MW Senegal plant
When the plant comes online, Senegal will generate electricity from its own natural gas for the first time.
Zambia commissions $75mn Chisamba Phase II solar plant
Zambian President Hakainde Hichilema has commissioned the 100-MW Chisamba Phase II solar photovoltaic plant in Central Province, doubling the Chisamba complex’s generation capacity to 200 MW.
Aliyev seals strategic partnership with Germany, secures gas deal expansion in Berlin
Azerbaijani President Ilham Aliyev and German Chancellor Friedrich Merz signed a Joint Declaration on a Strategic Agenda for Bilateral Partnership in Berlin on July 21, formalising various cooperations.
Nigeria launches $528.2mn bond to settle power-sector debts
Nigeria’s federal government has launched a NGN729bn ($528.2mn) bond to settle verified legacy debts owed to electricity generation companies and other suppliers
Indonesian energy ministry advances 93 hydrogen projects worth $1.8bn
The Indonesian government is advancing its national hydrogen roadmap, shifting away from imported fossil fuels while building localised clean energy infrastructure across remote islands.
Suriname's landmark GranMorgu oil project to implement kite traction towing for FPSO
The partners in Suriname’s landmark GranMorgu oil development , have partnered with French company Beyond the Sea to pilot wind-assisted kite traction technology on the project’s FPSO vessel.
Indonesia receives first Russian crude shipment under 150mn barrel deal
The Indonesian government has executed a landmark state-to-state petroleum procurement, asserting energy sovereignty and diversifying crude sourcing to safeguard domestic fuel reserves.
Malaysia launches LSS6 solar tender for 2.5-GW expansion
Accelerating grid decarbonisation while deploying utility-scale energy storage to meet expanding industrial power demand, Malaysia has opened its largest renewable energy procurement round to date
Tanzania begins construction of $1.74mn transmission line to strengthen power supply in Mtwara
Tanzania has begun construction of a 76km, 33kV electricity transmission line linking the Masasi Switching Station with Newala District in the country's southern Mtwara Region
PT PLN Energi Primer Indonesia, eFUELS SEA sign MoU on green hydrogen supply chain
Indonesian and Singaporean energy firms have formed a strategic partnership, accelerating regional decarbonisation and establishing scalable distribution channels for low-carbon synthetic fuels.
Kazakhstan warns Kashagan operator of possible criminal action over unpaid environmental fine
Kazakhstan has reportedly warned the head of the consortium operating the Kashagan oil field of possible criminal prosecution after the developer failed to pay a KZT 2.3 trillion ($4.92bn) environmental fine,
China’s oil playbook is reshaping global markets.
China has spent the past two decades perfecting protection against the oil market. It has accumulated vast inventories, increased domestic production, expanded electric vehicle use, and diversified its energy supplies.
Indonesian joint rescue team deploys 400 personnel at luxury housing explosion site
Responding to a structural explosion that leveled a three-story luxury residence and damaged surrounding properties in North Sumatra's provincial capital, Indonesian emergency services have launched a Search and Rescue (SAR) operation.
Sri Lanka to raise renewable energy share beyond 70% target
Sri Lanka plans to raise the contribution of renewable energy to its electricity mix beyond the current 70% target while expanding its transmission infrastructure to support higher levels of clean power integration.
India's renewable energy capacity rises nearly four-fold to 288.6 GW since 2014
India's installed renewable energy capacity has nearly quadrupled since 2014, reaching 288.58 GW as of June 30, 2026.
Sintana advances Argentina offshore bid as Chevron gets more time in Uruguay
Sintana Energy is moving ahead with offshore exploration plans in Argentina while gaining additional time for work on a Chevron-operated block in Uruguay, as the Canadian company seeks to expand its position in South America's emerging oil and gas
Lionheart targets Venezuela oil revival with $400mn investment plan
Lionheart Capital is positioning itself to become an early private investor in Venezuela's oil sector, pursuing a transaction valued at about $400mn that would give the Miami-based firm exposure to one of the country's mature producing assets
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