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Myanmar leader ends first ASEAN visit with Laos hydropower deal
Myanmar President Min Aung Hlaing has concluded his first official visit to an ASEAN member state since taking office, ending a three-day trip to Laos with agreements covering tourism, cultural ties and a proposed Mekong hydropower project.
Norway's Aker BP sends topsides for Yggrasil oil and gas project
Norwegian oil producer Aker BP has sent the Hugin B platform topside from Aker Solutions’ Verdal yard to the Yggdrasil oil and gas development in the Norwegian North Sea.
TotalEnergies divests stake in Malaysian oil and gas block to Japan's Inpex for $350mn
France’s TotalEnergies has agreed to sell its interest in Malaysia’s offshore Block 2E to Japan’s Inpex for $350mn, as it focuses its Malaysian portfolio on operated assets and larger growth opportunities.
Ukrainian drones strike Russia's largest refinery in Omsk, and potentially Yaroslav oil plant
Ukrainian drones reached Russia’s largest oil refinery in Omsk more than 2,500km from the border, while the extent of potential damage from a separate strike on the Yaroslavl refinery remains unclear.
Six firms express interest in Serbia’s Đerdap 3 hydropower project
A total of six US companies have expressed interest in taking part in the construction of Serbia's planned Iron Gate III reversible hydropower plant (RHPP) on the Danube river, on the border with Romania.
Libya faces severe power outages as government orders urgent response
Libyan PM of the Government of National Unity (GNU), Abdul Hamid Dbeibeh, has ordered urgent measures to address widespread blackouts that have forced the General Electricity Company of Libya (GECOL) to implement intensive rolling load shedding
Cuba activates first 50MW battery storage facility to support fragile power grid
Cuba has commissioned its first 50 MW battery energy storage system at the Cotorro substation in Havana, marking the initial phase of a broader programme to improve electricity grid stability and facilitate the integration of solar generation
Better financing key to expanding electricity access in Africa, says new joint report
A report by the Global Energy Alliance for People and Planet (GEAPP) and the Lightrock Energy Access Platform (LEAP) identifies ways to expand last-mile electrification and speed up universal access to electricity in Sub-Saharan Africa.
Gridworks begins construction of Uganda's $50m Amari power transmission project
The project is seen as a test case for private investment in African transmission infrastructure
World Bank’s IFC backs Oman polysilicon producer as $1.6bn funding closes
United Solar announced on July 6 that has completed a $1.6 bn capital raise for its landmark polysilicon manufacturing project in Oman after reaching financial close on a $50 mn equity investment by the International Finance Corporation (IFC).
Iraq seizes IQD25bn in expanding oil ministry corruption probe
Iraqi authorities have seized IQD25bn ($19.1mn), $1mn in cash and around 5kg of gold as part of an ongoing corruption investigation involving detained former Deputy Oil Minister for Refining Affairs Adnan Al Jumaili and other suspects.
Iran reportedly opens talks with Japanese crude oil buyers
Iran has begun discussions with Japanese companies on resuming crude oil exports under a temporary US sanctions waiver, although prospective buyers are seeking an extension of the waiver and assurances over shipping security.
Israel's Nofar Energy signs 15-year PPA with Cellcom Energy
Israel’s Nofar Energy has signed a 15-year power purchase agreement with Cellcom Energy to supply electricity from 100 MW/500 MWh of newly built energy storage facilities in Israel.
ADNOC launches LNG trading platform in Abu Dhabi
ADNOC announced that it has launched an integrated LNG marketing and trading platform in Abu Dhabi Global Market, the free economic zone and financial centre of the UAE’s capital.
Eni and Altera advance Baleine Phase 3 FPSO offshore Côte d’Ivoire
Eni and Altera Infrastructure have signed agreements for a new FPSO for Baleine Phase 3, which will lift Côte d’Ivoire field output to 150,000 bpd.
QatarEnergy to develop new zone in Mesaieed Industrial City
Qatar's Ministry of Commerce and Industry and QatarEnergy signed an agreement for the development of a new medium-industry zone in Mesaieed Industrial City.
Nigeria electricity subsidy bill hits $232mn in Q1 as tariffs remain frozen
Nigeria’s electricity subsidy obligation reached $232mn in the first quarter of 2026 as tariffs stayed frozen and power sector performance deteriorated.
Can pipelines keep up with Argentina oil output nearing 1mn bpd?
Argentina's crude oil production exceeded 900,000 barrels per day for the first time in May, reaching a record 903,700 bpd as output from the Vaca Muerta shale formation continued to drive growth, strengthening the country's energy sector.
Cold snap and LNG price surge squeeze Argentine manufacturers' gas supply
Argentina's winter cold spell has forced 500-600 smaller factories to suspend or scale back operations as gas supply restrictions and soaring LNG prices leave many manufacturers choosing between halting production and paying higher fuel prices.
Vaca Muerta posts record fracking activity in June as shale development accelerates
Argentina's Vaca Muerta recorded its busiest month ever for hydraulic fracturing in June, completing 2,760 fracking stages and lifting the total for the first half of 2026 to 14,958.
Falklands oil project fuels sovereignty dispute as Sea Lion advances
A planned offshore oil development north of the Falkland Islands is set to intensify diplomatic tensions between Argentina and the United Kingdom, as the Sea Lion project moves towards first commercial production in 2028.
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