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Po Valley filles EIA for four-well drilling programme in Italy
Po Valley operates the concession with a 63% interest, while London-listed Prospex Energy owns the remaining 37%.
Tanzania, Ethiopia and Nigeria lead World Bank, AfDB-backed African electrification drive Mission 300
The World Bank and AfDB's Mission 300 initiative has connected more than 50mn Africans to electricity since 2023, with Tanzania, Ethiopia and Nigeria recording the largest gains
Italian Eni starts up major offshore Sabratha gas compression project in Libya
Italy’s energy major Eni, in partnership with Libya’s state-owned National Oil Corporation (NOC), has commenced hydrocarbon production from the Sabratha Compression Project
Iran's Mapna gets auditor approval for 200% capital increase
Iran's Mapna Group has received auditor approval for a 200% capital increase that will raise its capital to IRR180,000bn, as the industrial group seeks to strengthen its balance sheet and compete for major power, energy and rail projects.
Zimbabwe's Kamativi Mining Company invests $25m in 36MW solar plant to cut power costs
Kamativi Mining Company (KMC) is investing $25 million in the construction of a 36-megawatt (MW) solar power plant as part of efforts to reduce costs, improve energy security and support Zimbabwe’s drive for increased renewable energy generation.
Egypt launches $90mn initiative to raise natural gas production, targets El-Hamra Port expansion
Pakistan weighs cheaper Iranian oil, gas imports after US eases sanctions
Energy-hungry Pakistan is considering increasing imports of cheaper oil and gas from neighbouring Iran after the United States temporarily lifted sanctions on Tehran, reopening the possibility of Iranian crude purchases under a 60-day waiver.
Nigeria's crude oil export earnings jump 30% in Jan-May despite lower volumes
Nigeria exported 148.9mn barrels of crude oil worth $14.66bn in the first five months of 2026, as higher global oil prices offset lower export volumes, while domestic refiners renewed calls for stricter crude supply obligations.
Zimbabwe has coal reserves to support power generation for over 200 years, top official says
Zimbabwe has enough coal reserves to sustain electricity generation for more than 200 years, underlining the continued importance of the resource in the country’s energy mix despite growing global emphasis on renewable energy.
Sub-Saharan Africa's green transition could create up to 84.5mn jobs by 2050, report says
Africa's green transition is expected to be driven by decentralised, service-based industries such as clean cooking, off-grid solar, waste recycling and electric mobility.
India turns to global alliances to accelerate wind power growth
The government of India is of the view that wind energy will also play a vital role in the country's energy transition plan, according to a note published in mid-June.
Kazakhstan’s Karachaganak field cuts output after drone strike disrupts Orenburg gas processing
World Bank warns lawsuit could derail Nigeria’s smart meter rollout
A lawsuit filed by local electricity meter manufacturers has emerged as the biggest threat to Nigeria’s $500mn World Bank-backed Distribution Sector Recovery Programme (DISREP), delaying the planned procurement of 1.55 million smart meters.
SAEL begins work on integrated solar manufacturing hub in India's Uttar Pradesh
Chief Minister Yogi Adityanath has laid the foundation stone for SAEL’s integrated solar manufacturing facility in Jewar, Uttar Pradesh, marking a major step in the state’s efforts to strengthen domestic clean energy manufacturing.
Indonesian energy ministry revises certain natural gas price rules
The Indonesian government has launched an emergency energy realignment, moving to secure industrial supply lines and stop structural layoffs across the manufacturing sector
Stonepeak sells $2.5 billion in private bonds for financing Louisiana LNG
US investment firm Stonepeak has refinanced a loan to fund the construction of Louisiana LNG.
Vitol signs 20-year LNG supply deal with UAE’s International Resources Holding
Energy and commodities trader Vitol has signed a 20-year LNG supply agreement with International Resources Holding.
Tata Power, TPEM open Telangana’s first high-speed EV charging hub in Hyderabad
Tata Power and Tata Passenger Electric Mobility Limited (TPEM) have inaugurated Telangana’s first high-speed Tata.ev MegaCharger hub in Hyderabad, expanding electric vehicle charging infrastructure in the state.
Manila backs pioneer 901 MW marine wind project
The Philippines is accelerating its first offshore wind farm to bolster national energy security, the Department of Finance announced on June 28.
Taiwan Taipower expects cheaper fuel to trim $878mn deficit
Taiwan Power Co expects to cap its full-year losses within its TWD28bn ($878.22mn) budget if global fuel costs stabilise, spokesperson Huang Mei-lien said on June 27.
China’s battery giant CATL reportedly set to make first investment in Mongolia
Global battery giant CATL as an initial step in Mongolia reportedly plans to invest in a battery energy storage project with a capacity of 100-400 MWh.
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