Latest Stories

Croatia moves to boost geothermal energy investment with new georesources law

10 July 2026

Croatia's government has proposed new legislation aimed at simplifying the management of energy resources, including geothermal waters.

COMMENT: America and Iran are fighting a stochastic war

10 July 2026

The US-Iran conflict has become a war of probabilities, with both sides deliberately randomising. The theory behind it runs from Schelling's Nobel-winning deterrence work to Nixon's madman doctrine, and it carries a flaw.

Egypt installs reactor vessel at second El Dabaa nuclear unit

10 July 2026

Egypt has installed the reactor pressure vessel at the second unit of the El Dabaa Nuclear Power Plant, advancing the Russian-built 4.8-GW project towards first operations in 2028.

NewMed Energy completes crucial pipeline for $35bn Israel-Egypt gas field

10 July 2026

NewMed Energy announced that it completed the undersea pipeline connecting Ashdod and Ashkelon, clearing a critical infrastructure bottleneck in Israel's $35bn natural gas export agreement with Egypt.

Kenya’s Ruto puts Kindiki in charge of government coordination for $17bn Dangote refinery

10 July 2026

Kenya’s President William Ruto has appointed Deputy President Kithure Kindiki to oversee government coordination of the proposed $17bn East African oil refinery, as the project moves towards implementation

Iran says Strait of Hormuz transit subject to its rules

10 July 2026

Shipping through the Strait of Hormuz would be governed solely by rules set by Iran, an IRGC commander said, acknowledging that the force prevented three foreign tankers from using a US-backed route to sail through the critical waterway.

Chariot Resources advances Nigeria lithium acquisition with new licence approvals

10 July 2026

Chariot Resources has secured approval to transfer three additional exploration licences in Nigeria as it works to complete its acquisition of a 66.667% stake in an 11-title lithium portfolio.

Guinea courts Chinese and US investors for waste-to-energy projects

10 July 2026

Guinea is seeking Chinese and US investment in waste-to-energy projects as it looks to expand electricity supply, improve urban sanitation and attract private capital.

Camco’s Spark enters Tanzania with solar and battery project for regional poultry producer Irvine’s

10 July 2026

Camco-managed Spark Energy Services has entered Tanzania by financing a 1.5 MWp solar plant and 2 MWh battery system for African poultry producer Irvine’s.

QatarEnergy cuts crude selling prices for August

10 July 2026

QatarEnergy has cut its official selling prices for August crude loadings, swinging from a premium to a discount against Oman/Dubai benchmarks, according to a company pricing document.

Metatek begins major airborne geophysical survey in Nigeria targeting hydrocarbons, critical minerals

10 July 2026

Metatek-Group has begun a 210,000-line-kilometre airborne geophysical survey in Nigeria under a two-year contract supporting hydrocarbon, mineral and geothermal exploration.

Indonesia plans methanol plants to back B50 biodiesel rollout

10 July 2026

Indonesia will build methanol plants in East Java and East Kalimantan to support demand from its new B50 biodiesel programme, Energy and Mineral Resources Minister Bahlil Lahadalia said.

ExxonMobil approves $1bn Nigeria offshore oil project to boost production

10 July 2026

ExxonMobil (NYSE: XOM) and its partners have approved a $1bn investment in the offshore Usan Infill Project, a move expected to add about 40,000 barrels per day (bpd) to Nigeria's crude oil production

Slovakia's President Pellegrini holds energy, defence talks with Erdogan

10 July 2026

Pellegrini explained that the Turkish side could let the Slovak state Nuclear and Decommissioning Company take part in the tender to develop a nuclear waste storage site in Turkey.

Burkina Faso secures $60mn financing for 119MW thermal power plant

10 July 2026

Burkina Faso has secured an initial $60mn financing tranche for a 119-megawatt thermal power plant that is expected to more than halve the country's reliance on imported electricity once it begins operating in 2027

Nigeria's first locally led FLNG project secures 15-year gas supply agreement

10 July 2026

Nigeria’s first locally led floating LNG project has secured a 15-year gas supply agreement, clearing a major hurdle as developers target a final investment decision in the fourth quarter of 2026 and first production by 2030

Czechia ranks last in EU renewable power mix

10 July 2026

Czechia generated only 12.7% of its electricity from renewable resources in 1Q - the lowest number of all European Union member states - while Slovakia ranks third from bottom.

India's Serentica Renewables secures $345mn financing for Karnataka hybrid renewable energy project

10 July 2026

India's Serentica Renewables has secured debt financing of up to $345.1mn from a consortium of lenders led by the Asian Development Bank (ADB) to develop and refinance a 395.4-MW solar-wind hybrid renewable energy project in Karnataka.

Idemitsu deepens Vietnam energy investment with major biomass project

10 July 2026

Japan’s Idemitsu Kosan is strengthening its long-term presence in Vietnam by expanding into renewable energy, adding a large-scale biomass pellet facility in Gia Lai province to its growing investment portfolio.

US, Japan, South Korea agree SMR deployment partnership

10 July 2026

The agreement aims to promote cooperation between the three countries’ civil nuclear industries, including fleet deployment models, project financing, licensing efficiency, supply chain optimisation and private investment.

India invites bids for coal gasification incentive scheme

10 July 2026

India's Ministry of Coal has invited applications for its incentive scheme to promote surface coal and lignite gasification projects, following the government's approval of the programme in May 2026 with a financial outlay of INR375bn ($4bn).

Colombia's Puerta De Oro solar park begins feeding grid with 360 MWp

10 July 2026

Colombia's Puerta de Oro solar park, developed by Patria Investments, began commercial operation this week, injecting 360 MWp into the National Interconnected System

Colombia cuts energy poverty by 1.7 points in a year, ministry reports

10 July 2026

More than 1.5mn Colombians, spanning roughly 490,000 households, moved out of energy poverty over the past two years

Colombia risks energy crisis as potential super El Niño looms, report warns

10 July 2026

Colombia faces a growing risk of energy crisis this year as a potential Super El Niño threatens to curb hydroelectric output just as the country's dependence on costly liquefied natural gas imports deepens