Latest Stories

The debate over EU methane regulation and energy security

24 June 2026

The EU’s methane regulation has split analysts, with Rystad saying it will not harm supply and Wood Mackenzie warning it could make large volumes of imports non-compliant.

Ex-Nigerian oil minister Alison-Madueke cleared in UK corruption trial, still faces domestic charges

24 June 2026

Former Nigerian oil minister Diezani Alison-Madueke has been acquitted of all corruption charges in the UK following a five-month trial in London, bringing a 13-year investigation to a close

Atomic Energy secures environmental approval to advance Zambia uranium project

24 June 2026

Atomic Eagle’s (ASX: AEU | OTCQX: AEUXF) Muntanga Uranium Project in Zambia has secured key environmental and social approvals, marking a major regulatory milestone that clears the way for future development of the asset.

Egypt partners with Chinese Sany for first wind turbine plant

24 June 2026

Egypt signed a memorandum of understanding (MoU) with Chinese Sany Renewable Energy (SSE:688349) to build the country’s first wind turbine manufacturing plant and develop a 2,000-megawatt (MW) wind power project.

Hanwha Ocean signs MoU for proposed Canadian FLNG project

24 June 2026

South Korea’s Hanwha Ocean has signed a memorandum of understanding with Canada’s Kanata Clean Power & Climate Technologies to explore cooperation on Kanata LNG.

Wind energy firms to invest $5bn in Mexico in new capacity push

24 June 2026

Mexico’s Federal Electricity Commission (CFE) said on June 21 wind energy companies are set to commit $5bn in new investments in Mexico due to a fresh round of established partnerships and government calls for proposals.

India’s Petronet LNG receives Middle East cargo after Hormuz reopening

24 June 2026

The time-chartered vessel DISHA of India’s Petronet has berthed at the Dahej LNG terminal, delivering 62,000 tonnes of LNG from the Middle East.

Australia's Woodside to supply gas to Alcoa alumina producer

24 June 2026

Australian oil firm Woodside has agreed to supply 31.1 PJ of domestic gas to alumina producer Alcoa under a new sale and purchase deal covering 2027-2030.

Mexico's fuel sector faces dual pressure from price caps and supply chain strain

24 June 2026

Mexico's petrol industry faces a compound squeeze: voluntary diesel price caps worth MXN27/L, gross margins of just MXN1.50/L before costs, and 60% of operators reporting rising fuel theft. Only 32% of stations grew sales in May.

Egyptian oil services major Enppi requests bourse listing

24 June 2026

The Egyptian Exchange (EGX) has received a formal request to list the shares of the Engineering for the Petroleum and Process Industries (Enppi) on its main market

Qatar to resume normal LNG output within weeks, prime minister says

24 June 2026

Qatar will resume normal LNG production within a few weeks, its prime minister says, though Iranian strike damage will keep around 17% of capacity offline for years, leaving global gas markets only partly relieved.

Falling petrol prices may slow Nigeria's shift to CNG, marketers say

24 June 2026

Falling petrol prices in Nigeria following a decline in global crude oil prices are expected to increase fuel demand and could prompt some motorists and small businesses to switch back from compressed natural gas (CNG) to petrol.

Nigeria's SEC warns against unauthorised marketing of Dangote refinery IPO set for Q3

24 June 2026

Nigeria's SEC says no application has been filed or approved related to the Dangote’s plan to eventually list a 5-10% stake in its $20bn, 650,000-bpd refinery

Oman opens temporary Strait of Hormuz routes with no tolls

24 June 2026

Oman will keep the Strait of Hormuz open without tolls and has designated two temporary routes north and south of the existing lane to let vessels leave safely, working with the IMO, after Iran's effective closure of the waterway.

EBRD backs OKKO Group's new wind farm with €50mn loan

24 June 2026

The European Bank for Reconstruction and Development (EBRD) will provide a €50mn loan to help finance a 189-megawatt wind farm being developed by Ukraine's OKKO Group.

Nigeria approves new fuel imports for Q3 as Dangote refinery gasoline output falls

24 June 2026

Nigeria has approved a new round of petrol and diesel imports for the third quarter of 2026 as declining gasoline production at the Dangote Petroleum Refinery and tightening fuel inventories raise concerns over potential supply shortages.

Qatar to restore LNG output to pre-Iran war levels

24 June 2026

Qatar is set to restore LNG production to pre-war levels within weeks, Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani confirmed.

US independent Murphy Oil makes Bubale-1X discovery offshore Côte d’Ivoire

24 June 2026

US independent energy company Murphy Oil Corporation (NYSE: MUR) on June 22 announced an oil discovery at the Bubale-1X exploration well in Block CI-709 offshore Côte d’Ivoire.

Shumba starts construction on Botswana’s 100MW Tati solar project

24 June 2026

Botswana-focused developer Shumba Energy has started constructing its 100MW Tati Solar Project after issuing a full notice to proceed to the appointed contractor, marking a major step in the country’s efforts to expand renewable energy generation.

Moldova opens technical bids for 170 MW wind and storage tender

24 June 2026

The tender committee responsible for granting large eligible producer status in Moldova has opened the technical bids submitted in the second auction for the construction of wind farms with a combined capacity of 170 MW and battery energy storage.

Brunei to explore full-scale environmental radiation monitoring grid

24 June 2026

The Sultanate of Brunei Darussalam has opened its borders to international nuclear oversight as the country is completing a multi-year upgrade of its sovereign defence and ecological safety protocols

Philippines' Meralco opens bidding for 600MW supply

24 June 2026

Meralco has launched a competitive tender to secure 600MW of baseload power capacity in the Philippines, ahead of an expected surge in demand by 2028. The Manila-based utility giant requires an initial 300MW chunk to come online by February 26, 2028.

Stranded Taiwanese crude tanker clears Hormuz chokepoint

24 June 2026

A Taiwanese crude tanker carrying 2mn barrels of oil cleared the blockaded Strait of Hormuz and is heading to Kaohsiung, state-run energy supplier CPC Corp.

South Korea, Zambia sign 500 MW solar deal

24 June 2026

Zambia’s state-owned power utility ZESCO signed a power purchase agreement with South Korea’s KS Eco Solutions Holdings (151860.KQ) for a 500 MW solar plant and battery storage project.

South Korea firm expands US base in Utah

24 June 2026

LS Electric (010120.KS) Chairman Koo Ja-kyun outlined plans to deepen ties with the local community in Utah to accelerate the company’s US power market expansion.