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Kuwait pushes ahead on oil expansion with fresh wave of contracts

Kuwait is advancing its ambitious oil sector expansion programme, awarding a raft of new contracts

Russian petrochem major Sibur eyes $400mn bond sale, IPO still on the cards

Russian petrochemical major Sibur opened the order book on August 28 for its new five-year US dollar-denominated bonds series 1R-08 with a fixed monthly coupon and a volume of up to $400mn, according to Cbonds.

Solar overtakes gas to become Hungary’s second largest source of energy - OWID

A decade ago, solar power was almost non-existent in Hungary. It generated just 0.2% of the country’s electricity. Nuclear, coal, and gas dominated the grid, Our World in Data (OWID) reports.

Venture Global nears producing LNG from all blocks at Plaquemines plant

US LNG giant Venture Global could be producing LNG shortly from all the blocks at its massive Plaquemines facility.

Kurdistan government pushes for fiscal breakthrough as oil firms resume output

A high-level Kurdish delegation is seeking to break a long-standing impasse over oil exports and revenue sharing

Germany’s DET launches second Wilhelmshaven floating LNG terminal

State-owned Deutsche Energy Terminal has begun commercial operations at its second Wilhelmshaven LNG terminal.

UK-based energy think tank Ember reports record growth in solar panel imports across Africa

Imports of solar panels from China into Africa have surged dramatically over the past year, pointing to the start of a transformation in how the continent generates electricity.

Chinese firm CEEC to invest $1bn in Egypt’s water desalination and renewable energies

Ghana to start drilling in Voltaian Basin by 2026 amid drive to expand oil frontier

Ghana’s state oil company (GNPC) will begin drilling in the vast onshore Voltaian Basin by early 2026, a move officials say could open a new petroleum frontier for the West African producer.

Egypt’s Petromaint wins $121mn Iraqi oilfield maintenance deal, eyes operations in Algeria

Petromaint, a unit of Egypt’s Ministry of Petroleum, has secured a $121mn contract to provide full maintenance services at Iraq’s Zubair oilfield, and is mulling establishing a specialised maintenance and construction services plant in Algeria.

COMMENT: Russia’s size is its Achilles’ heel as Ukraine targets its oil infrastructure

Since August the Armed Forces of Ukraine has mounted a continuous barrage on Russian refineries that has reduced output by 20%. Russia is so big that the Kremlin can’t protect all its pipelines and refineries.

Guyana election on September 1 set to shape oil and gas future

Guyanese voters head to the polls on September 1 in a pivotal general election that will determine whether President Irfaan Ali's People's Progressive Party/Civic maintains its parliamentary majority amid the country's rapid oil drive.

India set to boost Russian oil imports despite US tariffs

Indian imports of Russian oil are expected to increase in September as New Delhi presses ahead with purchases despite new US punitive tariffs

Romania sees surge in extreme weather alerts

Greenpeace Romania study shows an upward trend in storms, floods, and tornadoes.

Orlen to build Poland’s first nuclear power plant

Race is on to make it Europe’s first such installation based on small modular reactor technology.

Savannah Energy advances expansion of Nigerian gas field Uquo with new drilling campaign set for 2026

Savannah Energy, a British independent energy company focused on Africa, plans to launch a new drilling campaign at its Uquo gas field in Nigeria in January 2026, targeting both development and exploration opportunities to increase output.

Russia offers Niger nuclear deal as France loses influence

Russia has proposed building Niger’s first nuclear power plant, signalling a deepening partnership in civilian atomic energy and challenging France’s longstanding role after Niamey seized and nationalised some uranium assets.

Harvest to acquire $1bn of midstream assets in Uinta, Green River basins

Harvest Midstream has agreed to buy a gas-gathering and processing network spanning the Uinta and Green River Basins in Wyoming, Utah and Colorado from MPLX for $1bn.

Tanzania signs deal to connect Kagera to power grid as it looks to wean region off Ugandan imports

Tanzania, looking to end reliance on electricity imports from Uganda in some regions, has contracted the construction of a 220-kv transmission line from Benako to Kyaka, along with a 220/33-kilovolt substation at Benako.

Cameroon taps Ghana’s Sunon Asogli, China Energy for $312mn gas power plant

Cameroon has awarded Ghana’s Sunon Asogli Power and China Energy Engineering Corporation a contract to build a $312mn gas-fired power plant in the southwest city of Limbe, ending more than a decade of stalled negotiations with potential investors.

ExxonMobil held secret Kremlin talks on a return to the Russian market

US oil major ExxonMobil held secret talks with the Kremlin on a possible return to working in Russia, the Wall Street Journal reports

Sempra signs offtake agreements for Port Arthur LNG Phase 2

Sempra has made two announcements in the past week relating to new offtake agreements from the planned second phase of the Port Arthur LNG project in Texas.

South Africa’s Sasol looks to avoid US tarriffs

Albania’s Q2 power imports jump 16.5% as hydro output declines

Hydropower typically supplies nearly all of Albania’s electricity, leaving the Balkan country highly exposed to rainfall fluctuations.

Angola sees increasing civil unrest following removal of fuel subsidy

European credit insurance group Credendo has released a statement highlighting increasing unrest in Angola after the government moved to reform its fuel subsidy policy on July 4.