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Nicaragua says over $5bn invested in electricity sector amid renewable energy drive
Nicaragua has invested more than $5bn in its electricity sector over the past 19 years, lifting national power coverage to 99.75% of the population from just 54% in 2006, Energy and Mines Minister Salvador Mansell said in a television interview.
Brazil pre-salt project starts oil flow
Mozambican fuel group Petromoc triples 2025 profit despite lower sales
Mozambique's state-owned fuel company, Petromoc, almost tripled its net profit in 2025 despite a decline in fuel sales, supported by higher operating gains and reversals, according to financial statements published on July 14 and reported by Lusa.
Brazil rejects ethanol tariff talks
Brazil has ruled out lowering tariffs on ethanol imports as part of ongoing trade negotiations with the United States, Trade Minister Marcio Elias Rosa said.
Mozambique expects ExxonMobil LNG investment decision in September
Mozambique expects ExxonMobil to take a final investment decision (FID) on its Rovuma Liquefied Natural Gas (LNG) project in September, President Daniel Chapo said.
Summer electricity consumption record set in heatwave-hit Uzbekistan
Uzbekistan on July 13 recorded a summer electricity daily consumption record amid searing and oppressive heatwave temperatures, the country's energy ministry announced.
Argentine oil well breaks Vaca Muerta output record
A single well in Argentina’s Río Negro province reached an output of 2,700 barrels per day at the end of October 2025, the highest daily peak across all of Vaca Muerta.
How Qatar Investment Authority built $600bn in assets on its natural gas gamble
The Qatar Investment Authority was established in 2005 to convert the country's natural gas revenues into diversified, long-term assets, a structural decision that has since produced one of the world's largest sovereign wealth funds.
Brazil’s Petrobras completes acquisition of exploration block off São Tomé and Príncipe
Petrobras has completed the acquisition of a stake in, and assumed operations of, Block 3, an offshore exploration block located in São Tomé and Príncipe, off the coast of Africa.
Abu Dhabi's ePointZero acquires US mistream company Traverse Midstream Partners for $2.25bn
Abu Dhabi-backed investment company ePointZero Group has completed its $2.25bn acquisition of US midstream company Traverse Midstream Partners.
Ukraine bets on bioethanol to boost processing and EU integration
Ukraine is seeking to turn bioethanol into a key driver of industrial processing, investment and closer economic integration with the EU, as the government moves to modernize regulations governing the sector and expand production capacity.
Namibia electricity supply rises in May as domestic generation remains dominant
Namibia's electricity supply increased in May as higher domestic generation and imports helped meet rising demand, with local power stations accounting for more than half of total supply, according to data published by the Namibia Statistics Agency.
Enersea unveils LNG loading platform concept for South American export projects
Dutch offshore engineering company Enersea has introduced a liquefied natural gas (LNG) loading platform concept designed for shallow offshore and nearshore developments.
Mexico names 2,163 fuel stations for breaching price caps on diesel
The Mexican government published a list on July 12 naming 2,163 service stations that had not complied with a voluntary agreement to cap prices on diesel, as authorities sought to maintain prices through the global fuel price shock from the Iran war.
Trump threatens to strike Iran's bridges and power plants next week
Trump has threatened to knock out Iran's power plants and bridges next week unless Iran negotiates, as fighting between the US and Iran enters a fourth day.
Phoenix well in Río Negro extends Vaca Muerta's productive frontier eastward
A horizontal shale oil well drilled by Phoenix Global Resources in Argentina's Río Negro province has emerged as one of the highest-performing wells in the Vaca Muerta formation, challenging previous assumptions about the area's commercial potential
Italy's Adriatic LNG terminal kicks off open season for LNG regas capacity
Italy’s Adriatic LNG terminal has launched an open season for medium and long-term regasification capacity between 2029 and 2051.
EU gives conditional sign-off for Baker Hughes' $13.6bn takeover of Chart Industries
The European Commission has conditionally approved Baker Hughes’ $13.6bn acquisition of Chart Industries after the companies agreed to divest LNG technology assets and preserve access for rival equipment suppliers.
Iran warns of wider disruption to oil, gas export routes after US reinstates naval blockade
Iran’s Islamic Revolutionary Guard Corps (IRGC) warned on July 15 that oil and gas export routes “serving the United States and its allies” could face disruption after the American military reimposed its naval blockade against the country.
France's CMA CGM completes biggest bio-LNG bunkering operation to date
TotalEnergies supplied the fuel using its LNG bunkering vessel.
Malaysia's Petronas strikes small-scale LNG deal with Japan's Shizuoka Gas
Malaysia’s Petronas has agreed to supply Japan’s Shizuoka Gas with approximately 0.84mn tonnes of LNG over seven years from fiscal 2032.
Kazakhstan forecasts 98mn tonnes of oil production in 2026
Kazakhstan expects to produce 98mn tonnes of oil in 2026 despite lower output seen in the first half of the year.
Kashagan operators face July 20 deadline to pay $4.9bn environmental fine
Foreign consortium members operating Kazakhstan's Kashagan oil field must reportedly pay a KZT 2.3 trillion ($4.9bn) environmental fine by July 20 following a court ruling that has entered into legal force.
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