Latest Stories

South Africa's enX secures regulatory clearance for $13.4mn asset sale to Generac

South Africa's enX has secured regulatory clearance for its $13.4mn New Way Power and property disposals to Generac, with completion expected on November 2.

Cox to invest $1.8bn in El Salvador gas infrastructure

Spanish energy and water group Cox will invest $2.9bn in gas, solar power, battery storage and drinking water projects in El Salvador, with more than half of the total in gas infrastructure.

Uruguay's imports jump 12% on oil purchases

Uruguay's imports grew 12% between January and August 2026 compared with the same period a year earlier, while exports showed no change.

Argentina’s Mendoza targets RIGI approval for $4.5bn YPF unconventional oil project

Argentina’s Mendoza province is seeking approval under the Large Investment Incentive Regime (RIGI) for a $4.5bn unconventional oil and gas project involving state-controlled energy company YPF.

Bangladesh faces costly winter gas bill as Qatar shortfall drags on

Bangladesh's gas crisis is turning from a summer emergency into an expensive winter bill, with Qatar unable to say when its LNG will flow again.

Angola invites Namibia to invest in $6.6bn Lobito oil refinery project

Angola has invited Namibia to buy into its 200,000 bpd Lobito oil refinery, with shareholder countries promised priority access to fuel supplies as Sonangol seeks partners and financing for the $6.6bn project.

Grupo Enhol starts building 10 solar plants in Guatemala

Spain's Grupo Enhol has begun construction of 10 distributed solar photovoltaic plants in Guatemala with a combined capacity of 50 MW.

Fitch holds Colombia's GeoPark at B+ amid Venezuela expansion

Fitch Ratings kept the long-term foreign and local currency issuer default ratings of Colombia-focused oil producer GeoPark (NYSE: GPRK) at 'B+' with a Stable outlook.

Bolivia taps $1.9bn IMF lifeline as dwindling gas leaves fuel bill soaring

Bolivia is leaning on international lenders to stay afloat as shrinking gas reserves and costlier imported fuel squeeze the economy, with the government now committed to cutting subsidies and public spending in return for support.

Algeria–Italy 2 GW electricity link advances to public consultation stage

Egypt and Chevron advance Aphrodite gas project with new fiscal agreement

Egypt and Chevron (NYSE:CVX) initialled a fiscal regime agreement on October 20 to advance the development of Cyprus's offshore Aphrodite natural gas field and its proposed connection to Egyptian processing infrastructure

QatarEnergy fulfils just a quarter of contracted LNG shipments to Bangladesh

QatarEnergy has delivered less than a quarter of its contracted LNG commitments to Bangladesh through October, with just eight cargoes prior to March and one in June out of an original 40-cargo baseline for 2026.

Syria receives first diesel shipment from Saudi Aramco

Syria's state-owned Syrian Petroleum Company (SPC) began unloading its first diesel shipment from Saudi Aramco on October 19, following a supply agreement supported by a new international banking arrangement.

Eni begins Meleiha Phase 2 start-up as Egypt seeks to reduce gas import dependence

Italian energy major Eni (BIT: ENI) has launched startup activities at the Meleiha Phase 2 gas project in Egypt's Western Desert

Eni completes offshore Bouri gas recovery project in Libya

Italian energy major Eni (BIT: ENI) finalised the operational commissioning of the Bouri Gas Utilisation Project in Libya’s offshore area,

Gulf Keystone, ShaMaran agree $600mn merger to expand Kurdistan oil operations

London-listed Gulf Keystone Petroleum and ShaMaran Petroleum agreed to an all-share merger valuing ShaMaran's equity at approximately $601mn, creating one of the largest independent oil producers operating in Iraq's Kurdistan Region.

Leviathan starts uranium drilling programme of up to 2,500 metres in Botswana

Leviathan Metals has begun a uranium drilling programme of up to 2,500 metres at two projects in eastern Botswana, testing whether mineralisation identified beside an established deposit extends into its exploration acreage.

Brazil's seasonal diesel import peak delayed to late October, Vortexa says

Brazil's seaborne diesel imports have fallen below their usual seasonal range in recent weeks, and their annual peak is now expected to slip to at least the end of October as more cargoes head for the country.

Sharjah National Oil Corporation and Norway's Equinor sign MoU

Sharjah National Oil Corporation (SNOC) has signed a memorandum of understanding with Norwegian energy major Equinor ASA to explore joint downstream logistics, trading, and infrastructure ventures across the UAE.

Uzbekistan to upgrade 60 power substations with $200mn ADB loan

Modernisation objectives are reducing power losses, improving supply reliability and preparing the grid for growing renewables.

TAG Oil reports no oil flow during initial testing of Egypt's Badr well

Canadian energy company TAG Oil reported that no formation oil reached the surface during initial production testing of its T-200 vertical well at the Badr Oil Field in Egypt's Western Desert

Argentina formally approves Pluspetrol’s $12bn Vaca Muerta investment

Argentina’s government formally approved a $12.24bn investment by oil company Pluspetrol to develop the Bajo del Choique–La Invernada project in the Vaca Muerta shale formation, with plans to produce more than 100,000 barrels of oil per day.

Argentina’s YPF awards Archer drilling contract worth up to $110mn

Argentina’s state-run oil company YPF has awarded drilling services provider Archer a three-year contract, with an option to extend it by two years, to support operations in the Vaca Muerta shale formation.

Brazil records lowest Amazon deforestation since 1988

Deforestation in Brazil’s Amazon rainforest fell to its lowest level since satellite records began in 1988, with 3,335 square kilometres of forest cleared between August 2025 and July 2026, according to government data.

Google, McKinsey back Brazilian carbon removal project

Google and McKinsey have agreed to purchase 320,000 metric tonnes of carbon removal credits over 10 years from a Brazilian silvopasture project, helping finance the restoration of degraded cattle pasture in the Amazon and Cerrado regions.