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Nigeria proposes crude swaps to cut refinery transport costs by up to $4 per barrel
Domestic crude deliveries fall 16% quarter on quarter as pricing disputes and logistics constrain supply.
Peru's Petroperú to save $180mn yearly on Ecuadorian crude
Peru's state oil company Petroperú expects to save as much as $180mn a year by buying crude directly from Ecuador's Petroecuador.
Peru awards oil block 207 to China's SPT Energy
Peru has handed onshore oil block 207, in the country's northwest, to China's SPT Energy.
Cheiron signs Block 192 licence to enter Peru
Cheiron has signed a licence for Block 192, the largest oil concession in Peru by reserves, the energy company announced on October 24.
Mexico's Pemex breaches own rules on no-tender contract spending
Mexico's state oil company Pemex handed out 74% of the money it spent on contracts last year without holding open tenders.
Mexico targets fuel middlemen in illegal trade crackdown
Mexico is weighing legal changes to restrict fuel intermediaries after officials uncovered MXN61.7bn in unexplained fuel transactions in 2025.
Argentina set to overtake Guyana in oil output
Argentina could displace Guyana as South America's third-largest liquids producer by 2028.
Viridien eyes 2027 for Guyana seismic reprocessing results
Viridien (Euronext Paris: VIRI) expects to deliver the first results from its reprocessing of over 10,000 square kilometres of legacy 3D seismic data off Guyana in the opening quarter of 2027.
Guyana's Liza Unity design anchors SBM Offshore's 14-hull FPSO programme
SBM Offshore (AMS: SBMO) will soon have ordered 14 Fast4Ward hulls, building on a design first deployed on the Liza Unity floating production unit off Guyana.
Guyana drilling boosts SLB Latin America revenue
Oilfield services group SLB (NYSE: SLB) posted Latin America revenue of $1.75bn for the third quarter of 2026, a 2% rise on the previous three months, as drilling picked up in Guyana.
Chevron halts funding for Guyana deep-water port studies
Chevron (NYSE: CVX) has stopped paying for studies on a proposed deep-water port in Guyana, a project valued at up to $2bn.
Tanzania gives state institutions six months to identify carbon credits in infrastructure
Government targets emissions-reduction revenue from railway, transit and hydropower projects but faces verification and financing challenges.
Ghana’s Tema Oil Refinery receives over 5mn barrels of crude as processing recovers
State-owned refinery TOR reports 28,000 bpd throughput and plans to expand capacity, while foreign-exchange gains underpin its financial turnaround.
Nigeria’s TotalEnergies Marketing swings to $4.3mn nine-month profit as finance costs fall
Lubricants drive gross profit growth despite weaker fuel margins, while third-quarter earnings miss forecast.
Sharjah National Oil Corporation concludes Phase 1 development of flagship gas field
Sharjah National Oil Corporation has concluded Phase 1 development of the onshore Hadiba gas and condensate field, more than doubling its current natural gas output.
Nigeria’s Dangote refinery becomes first site for Honeywell industrial AI platform
US automation company Honeywell Technologies (Nasdaq: HON) has launched its Forge Plant Cognition industrial artificial intelligence platform at Nigeria’s Dangote Petroleum Refinery in Lekki, the first deployment of the system.
Nigeria’s Geregu Power signs Siemens Energy deal for three transformers at 435MW plant
Equipment procurement aims to improve grid reliability after prolonged transformer-related outages, while first-half revenue fell nearly 79%.
South Africa's Virginia gas project achieves stable liquid helium production
Phase 1 is designed to produce approximately 70,000 cubic feet per day (cfpd) of liquid helium and 2,500 gigajoules per day of liquefied natural gas (LNG).
Turkmenistan targets 80 bcm of gas/year, plans to start piped supplies to Afghanistan in 2027
Turkmenistan plans to produce 80bn cubic metres (bcm) of natural gas a year in both 2026 and 2027, up from 76.5 bcm in 2025, while the country expects to begin pipeline exports to neighbouring Afghanistan in 2027.
Slovak opposition wants no-confidence vote against Foreign Minister Blanár over Lavrov talks
Slovak Foreign Minister Juraj Blanár led a delegation to Moscow, where he held talks with his Russian counterpart Sergey Lavrov.
Azerbaijan's crude exports to Italy reach $5.5bn in nine months as Azeri Light trades above $126
Azerbaijan exported 8,881,441 tonnes of crude oil to Italy worth $5.51bn in the first nine months of 2026, with the figure down 7.4% in volume but up 10.4% in value from the same period of 2025, according to the State Customs Committee.
Kenya plans 34 geothermal wells and 200MWh battery storage by 2030
Kenya plans to drill 34 geothermal wells and deploy a 200-megawatt-hour (MWh) battery energy storage system by 2030 to meet rising electricity demand and improve grid reliability.
PGE starts construction of one of Poland's biggest energy storage facilities
Polish power group PGE said on October 23 that its renewables subsidiary PGE EO had begun building one of the biggest energy storage facilities in Poland and in Europe, a 400MW/800MWh unit in Nowy Czarnów.
Singapore, Malaysia renew pact, clear 1.3GW power imports
Singapore and Malaysia renewed their bilateral energy partnership, and Singapore cleared a plan to import 1.3 gigawatts (GW) of electricity from Malaysia.
Indonesia weighs nuclear plant sites from Batam to Halmahera
Indonesia is studying sites for nuclear power plants in Batam and Halmahera, with Russia lined up as a possible partner for the Halmahera project.
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