Defiant Iran says oil production, exports hold up as US mounts sanctions pressure

25 August 2026
Iran will find ways to deal with new US measures targeting its economy and oil industry, National Iranian Oil Co. (NIOC) chief Hamid Bovard said, as Washington ramps up pressure on Tehran in what US officials have called an “Economic D-Day”.

Papua LNG on track for FID by end of year

25 August 2026
Papua New Guinea’s Papua LNG project is on schedule for a final investment decision to be taken before the end of 2026.

Gladstone LNG partners acquire Australia’s Meridian Coal Seam Gas project

25 August 2026
Gladstone LNG joint venture partners have agreed to acquire the Greater Meridian Coal Seam Gas project from from Westside Corporation and Mitsui E&P Australia.

China’s clean-energy boom runs into the limits of its power grid

25 August 2026
China rejected an estimated 360 terawatt-hours of clean power in the six months through June, enough to supply Mexico for a year.

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