Latest Stories

Kenyan ecosystem threatened by Dangote refinery project

16 July 2026

A Greenpeace spokesperson has said that a planned 700,000 barrels per day (bpd) refinery set to be constructed at Kenya’s Lamu port could damage one of East Africa’s most fragile coastal ecosystems.

Yanbu port could become target amid Houthi tensions

16 July 2026

As Saudi Arabia seeks to maximise its oil exports, daily crude loadings at the Red Sea port of Yanbu have risen to significant levels amid increased tensions with Yemen’s Houthi militia.

Russia-Argentina nuclear cooperation grinds to halt as Milei pivots to US

16 July 2026

Russia and Argentina have effectively halted cooperation on civil nuclear energy projects, Russia's ambassador to Buenos Aires said, as President Javier Milei's government deepens its alignment with the United States and moves away from Moscow.

Axess Group wins contracts for Golar LNG floating units assigned to Argentina LNG project

16 July 2026

Norwegian asset integrity specialist Axess Group has secured contracts from Golar LNG to provide maintenance and integrity management services for two floating liquefied natural gas (FLNG) units that are scheduled to operate at Argentina's LNG export

Petroecuador dispatches 45.8mn barrels of fuel in first half of 2026

16 July 2026

Ecuador's state-owned oil company Petroecuador dispatched more than 45.8mn barrels of fuel between January and June 2026, the firm said on July 14.

Glenfarne announces $500mn investment to support Texas LNG

16 July 2026

Glenfarne Group has secured a $500mn investment, with the lead investors involved being investment funds and accounts managed by HPS Investment Partners, to support the continued development of its Texas LNG project.

Growth in Azeri gas exports barely change in H1 despite Baku's high ambitions

16 July 2026

Azerbaijan’s natural gas exports barely grew in the first half of this year, despite the country adding new European buyers and promoting itself as an increasingly important alternative supplier to Russia.

Mitsubishi closes acquisition of Aethon’s Haynesville shale assets

16 July 2026

Japan’s Mitsubishi has closed its acquisition of Aethon Energy Management’s assets in the US’ Haynesville shale gas play.

Shell awards $518mn contracts to 123 Nigerian firms in 2025

16 July 2026

Shell (LSE: SHEL, NYSE: SHEL) awarded contracts worth $518mn to 123 indigenous companies in Nigeria in 2025, as the company expanded local participation across its oil and gas operations and supply chain

Iran starts technical, contract talks on Yadman oilfield development near Iraq border

16 July 2026

The Iranian state-owned Petroleum Engineering & Development Co. (PEDEC) has begun technical and contractual negotiations for the development of the Yadman oilfield in the southwest near the Iraqi border, the company’s chief executive said.

US attacks tanker bound for Iran’s Kharg Island as blockade takes force

16 July 2026

The US military said on July 16 that it had attacked a commercial tanker heading toward Iran’s Kharg Island in the Persian Gulf, in the first publicly announced strike since the United States reinstated a naval blockade targeting Iranian ports.

Oman launches tender for technical adviser on 4 GW solar programme

16 July 2026

Oman's Nama Power and Water Procurement Company (Nama PWP) has launched a tender to appoint a technical consultant for the development of four utility-scale solar PV projects with a combined capacity of 4 GW.

Pathways CCS project in Canada’s oil sands takes step forward

16 July 2026

The governments of Canada and Alberta have reached an agreement with leading oil sands companies to help them raise production while building CCS capacity.

Georgia's Batumi oil terminal resumes jet fuel imports after eight-year hiatus

16 July 2026

The Batumi oil terminal in Georgia has resumed handling jet fuel after an eight-year break, receiving an initial 10,000-tonne cargo from Europe for onward transport to Kazakhstan.

Trafigura exits Angola-DRC-Zambia power transmission project

16 July 2026

Commodity trader Trafigura has withdrawn from a proposed 2,000-megawatt (MW) electricity transmission project that would have transported surplus hydropower from Angola to copper and cobalt mines in the Democratic Republic of Congo (DRC) and Zambia.

Indian group Navitas Solar makes African debut after securing $20mn contract in Zambia

16 July 2026

Indian renewable energy company Navitas Solar has secured a $20mn contract to build a 54-megawatt utility-scale solar power plant in central Zambia, marking its entry into the African market, MVA Pulse reported on July 15.

Kazakh oil shipments through BTC pipeline lag below government targets

16 July 2026

The volume loaded at the Caspian port of Aktau was down by around 10% from 785,000 tonnes a year earlier.

Kashagan oilfield operator says tribunal bars enforcement of $4.9bn Kazakh fine

16 July 2026

The consortium operating Kazakhstan’s giant Kashagan oilfield reported on July 16 that an arbitration tribunal had barred Astana from enforcing a $4.9bn environmental fine.

Naftogaz secures bondholder backing for €1.2bn debt restructuring

16 July 2026

Ukraine's state-owned energy company Naftogaz has completed the restructuring of two Eurobond issues totalling approximately €1.2bn

Italian oil giant Eni urges Mozambican firms to boost competitiveness for gas contracts

16 July 2026

Italian energy company Eni has urged Mozambican businesses to strengthen their competitiveness rather than rely on local content regulations if they are to secure contracts linked to the country's liquefied natural gas (LNG) projects.

Russia's diesel export ban squeezes Turkey as Ukrainian strikes and Iran war compound supply crisis

16 July 2026

Turkey is facing acute fuel supply pressure after Russia suspended diesel exports to all markets until the end of July, compounding disruption from Ukrainian attacks on Russian refineries and Iranian strikes on Gulf refining capacity.

Petrobangla expects to receive half of QatarEnergy LNG deliveries for 2026

16 July 2026

Bangladesh's state-run LNG buyer Petrobangla announced that it expects to receive only half of its contracted 2026 deliveries from QatarEnergy.

Hormuz stays closed until US accepts Iranian rule of the strait, Iran's army says

16 July 2026

Iran's army says the Strait of Hormuz will remain closed until Washington accepts Iranian legal authority over the waterway, confirming strikes on shipping and warning Gulf neighbours that hosting US forces will not go unanswered.