Latest Stories

Equinor's Bacalhau field in Brazil hits 25mn barrels in first year

20 October 2026

Norway's Equinor said its Bacalhau oilfield in Brazil had produced 25mn barrels of oil in its first year of operation, with the field getting close to peak output and on track to reach 220,000 barrels per day in 2026.

ECOWAS and Sahel states seek new trade rules after political split

20 October 2026

The military-led Sahel states of Burkina Faso, Mali and Niger want a new framework for relations with ECOWAS following their withdrawal from the regional bloc.

Invictus begins rig move to Zimbabwe's Musuma-1 ahead of November drilling

20 October 2026

Invictus Energy (ASX: IVZ; VFEX: INV) has begun moving its drilling rig to a new exploration site in northern Zimbabwe, ahead of a planned November well targeting gas and condensate outside its existing Mukuyu discovery.

Ghana plans specialised tribunal for downstream petroleum disputes

20 October 2026

Ghana's draft NPA Bill would establish a specialised tribunal to hear downstream petroleum licensing and regulatory appeals, with further appeals to the courts.

Tanzania to disclose Mnazi Bay gas drilling results on October 26–27

20 October 2026

Tanzania has completed drilling three natural gas wells in the Mnazi Bay Block in Mtwara Region, with the government expected to announce the volume of gas discovered when it officially launches the wells next week in Msimbati Village

Malawi household transport spending jumps 14.3% amid fuel shortages

20 October 2026

Fuel shortages pushed estimated monthly transport spending for a six-person household in Malawi up 14.3% in September

Mozambique seeks investors for $250mn gas project linking South Africa

20 October 2026

Mozambique's state-owned energy company ENH is seeking investors, including South Africa's Sasol (JSE: SOL; NYSE: SSL) and pipeline operator ROMPCO, for a gas infrastructure project estimated at $250mn to strengthen domestic and regional supplies.

Nigeria’s Dangote says refinery IPO subscriptions span 51 African countries

20 October 2026

Dangote Petroleum Refinery & Petrochemicals FZE said its ongoing initial public offering had attracted subscriptions from investors in more than 90 countries, including 51 of Africa’s 54 nations.

Unidentified investors trade $327mn Kenya Pipeline stake in single block deal

20 October 2026

Unidentified investors traded 4.5bn shares in Kenya Pipeline Company (NSE: KPC), worth ($327mn), in a single transaction equivalent to 24.76% of the company’s issued share capital.

Taiwan business groups back subsidies for state energy firms

20 October 2026

Taiwanese business groups backed state subsidies for power utility Taiwan Power Co. (Taipower) and oil company CPC Corp. at a legislative hearing, while academics opposed to the aid said taxpayers should not cover the losses.

Rosatom to supply floating nuclear power to Indonesia

20 October 2026

Russian state nuclear corporation Rosatom has signed a deal to supply electricity from two floating nuclear power units to the northern part of Halmahera Island in Indonesia's North Maluku province.

Singapore, Qatar renew LNG pact, deepen ties

20 October 2026

During a visit to Doha by Prime Minister Lawrence Wong, Singapore and Qatar extended their pact covering cooperation on low-carbon technology and liquefied natural gas (LNG).

India's coal stockpiles shrink as power demand surges

20 October 2026

India's electricity consumption rose 11% year-on-year to 162bn units (BU) in September, while coal inventories at power plants fell 60%.

Indonesia weighs nuclear power offers from five nations

20 October 2026

Russia, Germany, Japan, Korea and Canada have each offered nuclear technology cooperation to Indonesia as Jakarta pushes ahead with plans for nuclear power generation, Coordinating Minister for Downstreaming and Energy.

LNG Canada selects Tecnicas Reunidas for Coastal GasLink Phase 2

20 October 2026

Shell-operated LNG Canada has selected Spanish firm Tecnicas Reunidas for Phase 2 of the project’s Coastal GasLink.

India's NTPC partners Africa50 to develop African power projects

20 October 2026

India's largest power utility NTPC (NSE: NTPC) has signed a cooperation agreement with Africa50 to find, evaluate and build power generation projects and cross-border electricity trading schemes across Africa.

Pakistan's OGDCL to lift drilling as Iran war strains supplies

20 October 2026

Pakistan's Oil and Gas Development Company Limited (PSX: OGDC) will raise its drilling activity by 65% this fiscal year, aiming for 33 wells to lift domestic output as the US-Iran war strains the country's fuel supplies.

Sri Lanka imposes power cuts after coal plant fault

20 October 2026

Sri Lanka began rationing electricity nationwide on October 19, two days after a coal-fired generator broke down and caused a total collapse of the national grid.

Pakistan seeks UNIDO support for industrialisation, clean energy

20 October 2026

Pakistan has asked the United Nations Industrial Development Organization (UNIDO) to back its push for export-driven industrialisation through technical cooperation and technology transfer.

Qatari LNG tanker sails through Red Sea

20 October 2026

A Qatari LNG tanker is travelling through the Red Sea braving waters susceptible to attacks from Houthi rebels.

India's wind power capacity surges 30% in third quarter

20 October 2026

India installed 1.8 GW of new wind power capacity in the third quarter of calendar year 2026.