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Iran's Zagros Green Fuel wins first national standard mark for bioethanol fuel
Iran's Zagros Green Fuel Development has become the first domestic producer to win the national standard mark for bioethanol fuel, for its "Zagtanol" brand blended with petrol.
Egypt offers 62 gas investment opportunities amid upstream development push
Egyptian Ministry of Petroleum and Mineral Resources has launched 62 new investment opportunities through the Egypt Upstream Gateway (EUG) as the country announces a comprehensive revitalisation of its oil and gas sector
Iranian oil continued reaching customers despite sanctions, EIA data shows
Iranian crude and petroleum products continued to reach international markets despite years of US sanctions, with EIA data identifying at least 154 vessels involved in transporting Iranian cargoes recorded at 19 ports in four countries.
Greek shipowners earnt $4bn from Russian oil trade sanctions busting - FT
Greek shipping companies have earned at least $3.8bn transporting Russian crude oil since mid-2023, as a leading member of Russia’s shadow fleet, the Financial Times reported on July 7.
Angola’s experience in upstream sector revival offers valuable lessons to Libya, says AEC
Libya has restored crude production to about 1.5 million barrels per day, its highest level in more than a decade, but maintaining that momentum will require a more attractive investment environment.
Namibia clears Vitol to supply Nasan under emergency fuel deal
Namibia has suspended a competition restriction barring Nasan Energies from sourcing fuel from Vitol, citing emergency fuel security concerns.
ADNOC acquires Shell South Africa's downstream business for $1bn
Abu Dhabi National Oil Company's retail distribution arm has acquired Shell's South African downstream business for $1bn, which includes around 580 fuel stations and other operations.
Global energy companies pledge support for Venezuela after earthquakes
Several international energy companies have expressed support for Venezuela's response to the earthquakes that struck the country on June 24, with Shell committing $5mn in humanitarian assistance while other major firms have voiced solidarity.
Iran strikes Qatari owned LNG tanker near Strait of Hormuz
Iran's IRGC fired missiles at two commercial vessels near the Strait of Hormuz on July 7, striking a Qatari LNG tanker owned by Nakilat on its port side at the engine room.
Ghana's Jubilee oilfield ramps up output as Kosmos presses ahead with 2026 drilling campaign
A newly drilled well at the Jubilee field off Ghana's coast is producing strongly and helping lift overall output, Kosmos Energy said, as the US-based operator pushes forward with its 2026 drilling programme.
Tanzania targets late-2026 start for $26.66bn LNG project as investor talks continue
Tanzania plans to begin implementation of its long-delayed liquefied natural gas (LNG) project in the southeastern region of Lindi later this year.
Cameroon targets Yoyo–Yolanda gas project as Hilli FLNG nears end of life
Cameroon’s National Hydrocarbons Corporation (SNH) says the country’s gas industry is entering a new phase as production from the Hilli Episeyo floating LNG (FLNG) project nears the end of its planned lifespan
Nigeria's Supreme Court orders return of $225mn oil cargo to General Hydrocarbons
Nigeria's Supreme Court has ordered the return of a crude oil cargo worth more than $225mn to General Hydrocarbons Limited (GHL)
WeLight plans $650mn expansion across Africa
WeLight, Africa's largest operator of solar mini-grids, plans to invest $650mn to expand its operations and increase the number of people it serves tenfold by 2030
Nigeria convenes stakeholders on fair gasoline price reductions
Nigeria has held a stakeholders' meeting with Dangote Refinery, the Federal Competition and Consumer Protection Commission (FCCPC), petroleum marketers and industry groups to discuss fair reductions in the pump price of Premium Motor Spirit
Taiwan prepares emergency system for prolonged heatwave
Taiwan is set to experience a warmer than normal winter this year due to strong El Niño effects, with extreme heat likely to stretch into the spring and summer of 2027, the Central Weather Administration (CWA) reported.
India withdraws emergency gas supply curbs as Strait of Hormuz LNG flows resume
India has rolled back most of its emergency natural gas supply regulations after liquefied natural gas (LNG) shipments through the Strait of Hormuz resumed following a ceasefire in West Asia.
Fitch says Colombian gas ratings stable despite Canacol restructuring as national output slumps
Fitch Ratings said that Colombian midstream and gas distribution companies' credit ratings are expected to remain stable despite mounting pressure from the restructuring of Canacol Energy Limited, whose gas output has fallen sharply
Venezuela’s Amuay refinery restarts after earthquake-related power outage
Venezuela’s largest oil refinery has resumed operations after a power disruption caused by last week’s earthquakes, according to people familiar with activity at the facility
BOC moves to restore output as Iraq tests Hormuz alternatives
Iraq’s BOC has moved to restore output from three of the country’s largest oilfields
KOC presses ahead with gas production expansion
Kuwait’s state-owned upstream operator is quietly stepping up its gas production ambitions, signalling a measured but material shift in the emirate’s energy balance over the coming decade
Vietnamese province backs $216mn solar power expansion plan
Lam Đong Province has approved two solar energy projects worth a combined more than $216mn, strengthening its renewable energy ambitions with an additional 280MW of generating capacity.
Thailand speeds up energy overhaul to strengthen green economy
Thailand is accelerating reforms to its energy sector, aiming to reduce reliance on fossil fuels, expand renewable energy and improve its competitiveness in attracting global investment
Thai households allowed to sell surplus rooftop solar electricity
Thai homeowners with rooftop solar panels can now sell surplus electricity back to the national grid after authorities opened applications for the programme.
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