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Colombia's President Petro plans Air-e liquidation to overhaul Caribbean power system
Colombian President Gustavo Petro announced plans to liquidate Air-e, the troubled Caribbean region electricity distributor, transferring its assets to a newly formed public utility as part of a comprehensive restructuring
Colombia positioned for $184mn EV charging infrastructure expansion through 2035
Colombia represents a significant investment opportunity in electric vehicle charging infrastructure, requiring approximately $184mn in capital deployment through 2035 to support rapid growth in the sector
Australia's Worley wraps up FEED work for UK sustainable aviation fuel project
Alfanar said completion of FEED marked a major milestone for the project.
UK intercepts Russian shadow fleet oil tanker in the English Channel
The UK has intercepted an oil tanker travelling through the English Channel in what appears to be its first direct seizure of a vessel it links to Russia’s so-called shadow fleet.
OMV Petrom to invest €300mn in solar and storage project in Bulgaria
OMV Petrom will build a large-scale solar and battery storage project in Bulgaria, in a further expansion of its renewable energy portfolio in Southeast Europe.
Bosnia gas pipeline risks deepening political rifts, think-tank says
A planned EU-backed gas pipeline linking Bosnia & Herzegovina to Croatia could intensify political divisions within the country rather than easing its energy vulnerabilities.
European gas prices fall on US-Iran peace deal announcement
European natural gas prices fell sharply on June 15 after the US and Iran reached a preliminary framework agreement aimed at ending their conflict and reopening the Strait of Hormuz.
Swiss firm ABB bags contract to modernise Buzzard oil platform in UK North Sea
Zurich-based industry group ABB has secured a contract to modernise automation and control systems on the Buzzard offshore platform in the UK North Sea.
Washington sanctions Cuba's state oil company
The US government designated Cuba's state-owned oil and gas company, Unión Cuba-Petróleo (Cupet), under sanctions, deepening a pressure campaign against Havana that has already sharply curtailed the island's fuel supplies
Cuba unveils economic reforms and diaspora investment opening amid deepening energy crisis
Cuba unveils sweeping economic reforms, cutting ministries and opening doors to foreign Investment
Croatia completes section of Zabok-Lučko gas pipeline
Croatia has completed work on a section of the Zabok-Lučko main gas pipeline, part of a broader expansion of its gas transport network.
Union Jack receives non-binding takeover offer from fellow UK oil explorer Reabold
Union Jack Oil has confirmed it received a non-binding indicative offer from fellow London-listed junior Reabold Resources for a possible all-share takeover of the company.
NATO flags up Russian drone risks to Romania's Neptun Deep gas project
The concerns were discussed at a closed meeting of ambassadors from NATO’s 32 member states on June 10.
BP, SOCAR apply tech to boost recovery at Azerbaijan's giant ACG oil project
UK oil major BP and Azerbaijan’s national oil company SOCAR have outlined the technologies used to maximise recovery at the ACG oil project in the Caspian Sea offshore Azerbaijan.
Italy's Saipem announced sail-away for jacket for Neptun Deep gas project off Romania
The Italian engineering, drilling, and construction services company said the jacket had departed from its Arbatax yard in Sardinia after the completion of load-out operations.
Equinor and partners eye fourth phase at Norway's biggest oilfield
Equinor is preparing a fourth phase at Johan Sverdrup after appraisal drilling confirmed new oil volumes that could help sustain output from Norway’s largest producing field.
Iran says 38% of disrupted petchem capacity restored after war damage
The National Iranian Petrochemical Co. (NIPC) has restored around 38% of the petrochemical production capacity lost or disrupted during the recent US-Israeli war, its CEO said.
Holocene closes Southern Africa's first dedicated climate-tech fund
Holocene Ventures has completed the final close of Holocene Ventures Fund I, described as Southern Africa's first dedicated high-growth climate-technology fund. The fund has invested in ten startups over the past 18 months.
Eni secures 15 offshore blocks in Guinea as MSGBC Basin attracts fresh investment
Italian energy major Eni has secured reconnaissance permits for 15 offshore blocks in Guinea.
Egyptian military transfers 10% stake in Wataneya fuel stations to Taqa Arabia ahead of IPO
Egypt has transferred a 10% stake in 172 Wataneya fuel stations to Taqa Arabia (EGX:TAQA) as part of preparations for a future stock market listing and broader IMF-backed reforms aimed at reducing the military's role in the economy.
Africa's local solar firms see funding plunge 81% as capital shifts to larger players
Locally owned off-grid solar companies in Africa raised just $9.9mn in 2025, down 81% from the previous year and 88% below 2023 levels, according to GOGLA. Overall sector investment remained stable at $315mn.
Dangote refinery lifts Nigerian crude premiums as domestic demand strengthens
Dangote Petroleum Refinery’s rising purchases of Nigerian crude are tightening domestic supply and pushing premiums on key export grades higher, strengthening Nigeria’s position in global oil markets amid volatile trading conditions
Fitch upgrades state-owned utility Eskom to B+ after South Africa sovereign rating increase
Fitch Ratings has upgraded Eskom Holdings SOC Ltd's long-term issuer rating to B+ from B following South Africa's sovereign upgrade to BB, noting the state-owned utility's rating remains closely tied to government support
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