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S&P upgrades Golar LNG to B+ on improving Argentina outlook
S&P Global Ratings has upgraded Golar LNG Limited’s credit rating to B+ from B, citing improving economic and financing conditions in Argentina, where the floating liquefied natural gas (FLNG) operator expects to concentrate operations.
Ecuador orders oil and mining projects above 10MW to generate all their own power
Ecuador has told oil and mining projects with electricity demand above 10 megawatts (MW) to install self-generation systems covering 100% of their needs.
TotalEnergies plans to expand oil and gas exploration in Argentina
TotalEnergies plans to broaden oil and gas exploration in Argentina, including offshore prospects in the Malvinas basin, conventional deposits in Tierra del Fuego and dry shale gas in Vaca Muerta.
MOL seeks €360mn in carbon quota tax refunds
After a CJEU court ruling, the Tisza government is repaying €790mn in carbon quota tax payments to affected companies.
Putin says EU phase-out of Russian gas will raise costs
Putin said efforts to exclude Russia from global gas markets would raise consumer costs at the Gas Exporting Countries Forum in Moscow.
Argentina authorises grid connection for 16.5 MW solar park
India turns to cheap Gulf crude as freight costs price out Russian oil
Indian refiners are buying more Persian Gulf crude and less Russian oil as soaring freight costs wipe out the price advantage of long-haul Russian barrels.
Ghana's Tema Oil Refinery targets 200,000 bpd expansion amid financing challenges
State-owned refinery seeks strategic investors for major expansion after restarting crude processing, but 2025 profit was driven largely by currency gains.
NABEP lifts Venezuela oil output as it prepares to double active rigs
North American Blue Energy Partners has increased oil production in Venezuela by about 20,000 barrels per day (bpd) since August and plans to double the number of active rigs in its projects
Machado’s homecoming adds pressure on US-backed talks in Venezuela
Venezuelan opposition leader María Corina Machado is willing to meet interim President Delcy Rodríguez, her party’s spokeswoman said, as her return after 10 months in exile adds pressure to negotiations over the country’s political future.
Kyiv plans over $450m in energy resilience spending and 1.5 GW of additional heating capacity
Kyiv has allocated more than UAH16bn ($356mn) to energy resilience measures in 2026 and plans to spend a further UAH4.5bn to UAH5bn ($100mn to $111mn) by the end of the year.
Greek gas exports surge 169% as LNG imports climb
Greece's natural gas exports surged by nearly 169% year on year in the first nine months of 2026, supported by increased LNG imports, even as domestic consumption declined.
Turkmenistan signs Caspian offshore cooperation deal with China;s CNOOC
Turkmenistan has signed a preliminary agreement with China's CNOOC covering potential cooperation in offshore oil and gas development in the Caspian Sea.
US LNG exports swing towards Europe as Asian deliveries fall in August
US LNG exports shifted sharply towards Europe in August, with deliveries to the region climbing by 34% month on month while shipments to Asia fell by 21%, according to new government data.
Norway’s Equinor awards Aibel engineering contract for Wisting oil project
Norway's Equinor has awarded Aibel a front-end engineering and design contract for the topsides of a floating production, storage and offloading (FPSO) vessel planned for the Wisting oilfield in the Barents Sea.
Kazakhstan loses $12bn Kashagan arbitration claim as wider legal battle continues
An international arbitration tribunal has rejected approximately $12bn of Kazakhstan's claims against the foreign oil companies developing the giant Kashagan oilfield.
Turkmenistan reaffirms support for Trans-Caspian gas pipeline, but obstacles remain
Turkmenistan has reiterated its willingness to supply natural gas through a proposed pipeline beneath the Caspian Sea to Azerbaijan and onwards to Europe.
Guyana announces ExxonMobil's Rockhead-1 well discovery, expanding hydrocarbon portfolio
The exploration momentum within Guyana’s prolific Stabroek Block continues to accelerate, with the national government officially confirming the new Rockhead-1 hydrocarbon discovery.
Argentina's Neuquén achieves 31.28% reduction in methane emissions despite oil output surge
Argentina’s Neuquén province has successfully decoupled hydrocarbon production growth from greenhouse gas emissions in the Vaca Muerta shale formation, data from the Ministry of Tourism, Environment and Natural Resources showed.
Chevron targets Argentina's Vaca Muerta with $13.8bn in oil investment
US energy major Chevron has identified Argentina’s Vaca Muerta shale formation as its next hydrocarbon frontier, planning a proposed $13.8bn, 30-year investment plan currently awaiting government approval.
China’s Huayou acquires Ghana lithium project rights, assumes $66mn funding commitment
Chinese mining group takes over Elevra Lithium’s interests in Ewoyaa, while its separate $210mn takeover of Atlantic Lithium awaits final approvals.
Nicaragua connects first 30MW lithium battery storage system
Nicaragua is connecting its first 30 megawatts (MW) of lithium battery storage to the national grid, as the country's electricity coverage reaches 99.77%.
SLB's OneSubsea, oil majors complete all-electric subsea tech project in Brazil
OneSubsea, a joint venture backed by SLB Aker Solutions and Subsea7, has completed a joint industry project in Brazil with TotalEnergies, Equinor, BP and Chevron to develop fully electric subsea production technology.
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