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Alcazar Energy Partners in talks to acquire 500-MW Niat wind project in Egypt from Siemens Gamesa
Alcazar Energy Partners is in reportedly in advanced discussions to acquire the 500-MW Niat wind project in Egypt from Siemens Gamesa, a move that would deepen its presence in the Gulf of Suez wind corridor.
MACRO ADVISORY: Will dark water take the shine off Kyrgyzstan’s golden growth?
The Kyrgyz Republic has reported average annual GDP growth of 9% for the past three years and will again be close to that growth in 2025. But while the economy is doing well, Kyrgyzstan and its neighbours are facing a major power and water crisis.
Nigeria’s fuel marketers warn unpaid transport-cost debts threaten supply stability
Nigeria’s Independent Petroleum Marketers Association (IPMAN) warns that long-overdue reimbursements inherited from the former Petroleum Equalisation Fund are straining marketers and could pressure downstream fuel supply.
COP30 will likely not produce a roadmap to a transition from fossil fuels
UN climate talks are nearing an end with battle lines drawn over fossil fuels, as dozens of countries demanded a roadmap to phase out oil, coal and gas in the face of fierce resistance.
Greek PPC plans €3bn investments in Romania over next three years
PPC is already Romania's largest investor in renewable energy with about 1.3GW of capacity.
LONG READ: How oil price discounts became a barometer of the sanction’s effectiveness
When Russian troops crossed into Ukraine in February 2022, the country’s main crude export blend, Urals, was still trading in line with its traditional discount to Brent of $2. A month later Russia discounted it by $30 to find buyers.
EIA: US rig count drops despite production soaring to record highs
The number of active oil and gas rigs in the US has fallen considerably over the past three years
Bank of America predicts Mexico's Pemex will need state support through 2027
Bank of America has forecast that Pemex will continue requiring government backing in 2027, the year Sheinbaum's administration projects the oil company will face its financial obligations alone.
Egypt and Russia finalise key agreements for Dabaa Nuclear Power Plant
The Egyptian government signed a significant agreement with Russia’s energy firm Rosatom on November 19 to secure the nuclear fuel supply for the first reactor of the Dabaa Nuclear Power Plant
Trump reopens Alaska drilling rolling back Biden-era limits
US President Donald Trump’s administration has rescinded limits in Alaska on oil and gas drilling.
Russia agrees to sell stake in Serbian oil firm NIS
The Russian owners of Serbia’s oil company NIS have agreed to sell their 56.15% stake and are in talks with a potential buyer, as Belgrade races to meet US demands for a full Russian exit from the company.
Iran releases Talara tanker and 21 crew members following STS transfer
Iran releases Talara oil tanker and 21 crew members after six-day detention for fuel smuggling in Persian Gulf waters, following completion of judicial proceedings and cargo discharge.
Venture Global applies for FERC approval for expansion of Plaquemines
US LNG developer Venture Global has submitted a permit application for the expansion of its Plaquemines project with the Federal Energy Regulatory Commission.
Maduro's days look numbered. Venezuela's chaos may be just beginning
The drumbeat of war grows louder in the Caribbean as the US masses its largest military deployment since the Panama invasion. Trump wants Maduro gone — but fears Venezuela could become another Libya.
PANNIER: Dire power deficit pits Kyrgyz president against city mayors and kettle against washing machine
Disco lights ordered off by 10pm. Crypto farms unplugged.
Serbia faces uncertainty over long-term Russian gas deal
Serbia’s plans for a new long-term gas contract with Russia’s Gazprom remain uncertain, with officials now aiming for a short-term extension.
COP30: Record number of fossil fuel lobbyists descend on UN climate talks
UN climate talks have entered their second week with battle lines drawn over fossil fuels, as dozens of countries demanded a roadmap to phase out oil, coal and gas in the face of fierce resistance from producers and oil lobbyists.
China’s LNG tanker shadow fleet – reality or fiction?
China appears to be constructing a discreet fleet of LNG tankers capable of moving sanctioned Russian fuel in what is an emerging tactic that would allow Moscow to preserve export revenue while tightening the energy relationship between the two.
Ukraine’s Energoatom corruption stole money to protect Ukraine’s power stations, caused blackouts
A Russian missile barrage has plunged Ukraine into darkness as winter approaches but could have been avoided. Money earmarked to build effective defences against Russia’s sustained missile attacks was stolen, leaving them defenceless.
Deals signed in Syrian gas reset
Syria’s energy pivot accelerates as Chevron and Dana Gas join Gulf partners to rehabilitate war-torn infrastructure and secure urgent fuel supplies.
EXPLAINER: Lukoil scrambles to sell its international operations
Time is running short for Russia’s second-biggest oil producer to divest its vast international business, after it was hit with US sanctions that will soon render its assets outside Russia effectively inoperable.
Serbia holds emergency talks on fate of Gazprom-owned NIS
Serbia’s government held an emergency session to decide whether to nationalise oil company NIS after the US rejected a request to extend the firm’s operating licence and demanded a full exit of its Russian owners.
China’s emissions growth flat as emissions peak arrives
China’s carbon dioxide emissions remained flat in the third quarter of 2025 compared to a year earlier, extending a trend of stabilisation that began in March 2024.
COMMENT: Ukraine slowly wearing down Russia's oil industry
Russia’s oil industry, long seen as the bedrock of the country’s economic strength, is being slowly degraded—not by sanctions or falling demand, but by the persistent and methodical pressure of Ukraine’s drone attacks.
China unveils world’s first thorium-powered container ship
China has launched the world’s first container ship powered by a thorium molten salt reactor (TMSR), marking a potential milestone in nuclear maritime propulsion and low-emission shipping technologies.
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