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BEYOND THE BOSPORUS: Why Azerbaijan’s official news agency lifted lid on Turkey’s hidden trade with Israel
Report exposing cargoes shipped to Israeli ports came after President Aliyev made fiery address complaining of interference in his country’s affairs.
Latest first Atlantic hurricane in 121 years bears down on US Gulf coast
Isaias has become 2026's first Atlantic hurricane, the latest first hurricane in 121 years, and is heading for the US Gulf coast, the National Hurricane Center said on October 8.
Pakistan’s solar boom reshapes power market
Pakistan’s solar power industry has undergone a quiet revolution. The country’s solar energy capacity, as reported by various sources, likely does not reflect the full deployment of the technology.
Mozambique urged to strengthen finances ahead of expected LNG revenue surge
Mozambique must strengthen its financial management systems and diversify its economy ahead of an expected surge in natural gas revenues, after collecting $252.8mn from Rovuma Basin production between 2022 and 2025.
Chevron to offload certain midstream assets in exchange for amended Bakken midstream terms
Chevron has agreed to restructure the terms of its Bakken midstream contracts and establish new DJ Basin midstream contracts while transferring its ownership interests and general partner position in Hess Midstream and DJ Basin midstream assets.
Suncor to sell stakes in three Eastern Canadian oilfields to Ithaca
Suncor Energy has agreed to sell its stakes in the Terra Nova, White Rose and West White Rose oilfields offshore Eastern Canada to UK-based Ithaca Energy.
Yinson prices $1.46bn bond issue to refinance offshore oil vessel in Angola
Yinson Production has priced $1.458bn of senior secured bonds at 6.517% to refinance its Agogo FPSO off Angola, chartered to BP-Eni venture Azule Energy. It calls the deal the largest FPSO project bond to date.
Egypt and Cyprus pledge closer coordination on Mediterranean gas projects using Egyptian export infrastructure
Egypt and Cyprus have pledged closer coordination on the Cronos and Aphrodite offshore gas fields, which would use Egyptian plants to process and export Cypriot gas.
South Korea denies fuel exports to Russia cleared customs
South Korea said customs records show no exports of commercial petroleum products to Russia, rejecting reports that its ports had supplied diesel to the Russian Far East.
Chevron deal strengthens exploration prospects on Namibia’s PEL 90, says AEC
Chevron’s planned acquisition of a 10% stake in Namibia’s PEL 90 licence from Custos Energy subsidiary Trago Energy will strengthen the international partnership behind the Orange Basin block ahead of a planned exploration well.
Bulgaria's Kozloduy nuclear plant cuts output over low Danube levels
Bulgaria's Kozloduy nuclear power plant has reduced output from both of its operating reactors because of low water levels in the Danube.
Brazil’s election run-off to help decide Petrobras’ future
Brazil’s presidential runoff between President Luiz Inácio Lula da Silva and Senator Flávio Bolsonaro offers sharply different visions for state-controlled Petrobras and the role of government.
Venezuelans in no mood to dance despite Trump's oil bonanza
Nine months after the US removed Nicolas Maduro, a sweeping oil pact with Washington has done little to ease hardship at home or bring elections closer.
QatarEnergy secures $3bn syndicated loan from Chinese banks
State-owned QatarEnergy has finalised a $3bn syndicated loan financed exclusively by four major Chinese financial institutions, a critical move given the company's rising lost revenues due to the Strait of Hormuz closure.
Vietnam mandates open access to EV charging stations by 2027
Electric vehicle charging stations in Vietnam must serve any compatible vehicle from July 1, 2027, under new technical rules from the Ministry of Industry and Trade.
Indonesia targets 2mn hectare plantation expansion for domestic E20 biofuel mandate
The Indonesian government plans to expand domestic sugarcane and cassava plantation areas to secure feedstock for its incoming E20 biofuel policy, which mandates a 20% bioethanol blend in commercial gasoline
Bulgaria, Greece, North Macedonia and Serbia push regional energy links and gas diversification
Serbia to begin work on 145-km gas interconnector with North Macedonia, as neighbours step up efforts to strengthen regional energy security and diversify gas and electricity supply routes.
Kenya clears GDR route for investors into Dangote refinery IPO
Kenyan investors can gain exposure to Dangote Petroleum Refinery’s Nigerian IPO through GDRs backed by allocated shares, with any subsequent NSE listing still subject to share allocation and Nigerian regulatory approval.
Centrica, Ksi Lisims LNG enter HoA for long-term LNG supply
The UK’s Centrica Energy has entered into a heads of agreement to buy 1mn tonnes per year of LNG from the proposed Ksi Lisims project in Canada.
Pakistan's solar revolt strands China's Belt and Road coal plants
Pakistan has bought its way out of Chinese coal with Chinese solar panels, and Beijing is left holding the bill.
Venture Global announces new offtake deal amid push for commercial operations at Plaquemines
US LNG developer Venture Global has signed a 20-year sales and purchase agreement with ConocoPhillips covering 1mn tonnes per year of LNG.
COP31 co-presidents Turkey and Australia two of world’s worst coal culprits, shows report
Countries connected by supply chain responsible for over 75mn tonnes of CO₂ emissions since signing of 2015 Paris Agreement, analysis shows.
Ankara pitches Development Road as $80bn energy corridor
Türkiye plans to turn the proposed Development Road from Iraq’s southern ports to Europe into a multi-fuel energy corridor worth $80bn annually
Russia's ageing reactors leave a €21bn clean-up bill it keeps putting off
Russia is short of about €18.7bn ($21bn) to decommission 35 ageing nuclear reactors operated by Rosenergoatom, whose own estimate puts the total bill at about €21bn.
Iran war's Hormuz shock is biggest energy disruption on record - McKinsey
The closure of the Strait of Hormuz is the largest energy supply disruption in modern history, but the world has coped better than feared thanks to shock absorbers built after the 1970s, the McKinsey Global Institute says in a report published on...
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