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Brazil’s Petrobras cuts investments, deprioritises some Equatorial Margin wells on lower crude prices
Petrobras approved a $109bn business plan for 2026-2030, reducing total investments by nearly 2% from its previous five-year plan while lowering dividend forecasts as Brazil's state-owned oil major navigates a scenario of depressed crude prices.
Serbia’s sole oil refinery shuts down after US sanctions block crude oil supply
NIS, majority-owned by Russia’s Gazprom group, has been unable to secure new crude shipments since the sanctions took effect on October 9.
Woodfibre LNG receives second floatel to house workers
Woodfibre LNG has welcomed a second floatel to accommodate workers at its site.
Sam Nwanze of Nigeria’s Heirs Energies named CFO of the Year at All Africa Business Leaders Award
Samuel O. Nwanze, Chief Financial Officer (CFO) of Heirs Energies, one of Africa’s fastest-growing indigenous integrated energy companies, has been named CFO of the Year at the All Africa Business Leaders Award.
UK’s Centrica signs 15-year LNG supply deal with Honduras
London-headquartered Centrica Energy has reached an agreement to supply LNG to Exodus for Honduras.
African Energy Chamber condemns UK's withdrawal of funding for Mozambique LNG project
The African Energy Chamber (AEC) has strongly criticised the UK government’s decision to withdraw financial support from the Mozambique liquefied natural gas (LNG) project.
COMMENT: Putin's India visit signals push for major overhaul in relations
In FY2024-25 Russia's bilateral trade with India was propelled almost entirely by New Delhi's voracious appetite for discounted Russian crude
Poland emerges as regional gas hub on record 2025 transmission volumes
Poland is emerging as a regional gas hub after setting a new record for natural gas transmission in 2025. Gaz-System, the state-owned transmission system operator, is on track to deliver a record 20bcm this year.
Libya and Algeria eye expanding technical energy cooperation in refinery, pipeline and solar projects
Libya’s Ministry of Oil and Gas and Algeria’s Sonatrach are looking to collaborate on refinery-rehabilitation studies, pipeline options, solar-energy projects and laboratory research.
Tehran lifts pollution emergency as air quality improves
Tehran lifts air pollution emergency as conditions improve, with schools and offices resuming normal operations Wednesday after week-long crisis that forced closures across the Iranian capital.
Kodal begins spodumene exports from Mali to China amid lithium market rebound
Kodal Minerals (AIM: KOD) has completed its first shipment of spodumene concentrate from the Bougouni lithium project in Mali to offtake partner Hainan Mining Co. in China, marking the company’s first revenue-generating export from the site.
Singapore’s Destiny Energy to invest $210mn in green ammonia facilities in Egypt
Singapore-based Destiny Energy will invest $210mn to establish green ammonia production facilities in Egypt’s Suez Canal Economic Zone (SCZone).
Morocco launches tender for 1,000km power transmission line
Morocco’s National Office of Electricity and Potable Water (ONEE) launched a prequalification process for contractors to build approximately 1,000km of ultra-high-voltage transmission lines linking Boujdour and Tensift
Linde LienHwa — a hydrogen pioneer in Taiwan’s energy transition
Linde LienHwa, long established as Taiwan’s leading industrial-gases supplier, is rapidly repositioning itself as a key enabler of the island’s clean-energy transition.
Baghdad invites US firms to replace Lukoil at West Qurna-2
The Iraqi Oil Ministry has formally invited major US energy firms to compete for operating control of the West Qurna-2 field
Kenya grid operator Ketraco faces liquidation pressure after Spanish contractor pursues $77mn award
Kenya’s state-owned transmission operator Ketraco is facing liquidation proceedings after Spanish contractor C.A. Infraestructuras T & I SLU moved to enforce a 2019 arbitration award.
Niger puts nationalised Somair uranium on global market amid standoff with France’s Orano
Niger’s junta says uranium from the nationalised Somair mine will be sold on the global market, escalating its dispute with France’s Orano and signalling a shift in control over one of the world’s key uranium sources.
Egypt secures petroleum product supply amid economic challenges, says central bank governor
The Governor of the Central Bank of Egypt, Hassan Abdallah, said that the necessary foreign currency has been provided to secure the supply of petroleum products over the next period despite economic challenges.
Libya’s NOC reviews Polish firm PUNA’s exploration plans for 2025–26 in Murzuq Basin
Libya’s NOC held a technical meeting on November 27 with PGNiG Upstream North Africa B.V. to review the Polish firm’s exploration activities for 2025 and its planned programmes for 2026 in the Murzuq Basin.
Libya’s NOC adds 1,100bpd from new Amal Field production well
Libya’s state-owned National Oil Corporation (NOC) said it has brought a new production well online at the Amal Field, adding 1,100 bpd of output as part of efforts to stabilise and expand crude supply across key onshore assets.
Kazakhstan tells Ukraine to cease "unacceptable" attacks on its main oil export facility on Russian Black Sea coast
Drone strikes are “harming bilateral relations”, warns Astana.
Egyptian oil services firm Petrojet plans to build manufacturing complex in Algeria
Egypt’s oil services firm Petrojet and Algeria’s state-owned energy major Sonatrach are studying the establishment of a joint manufacturing complex in Algeria to produce equipment for oil and gas field operations
International consortium eyes $15bn renewable energy complex in South Sinai
An international consortium is studying a plan to invest $15bn over the next decade in a large-scale renewable energy complex in the Jabal Al-Tur area of South Sinai.
Kyiv hits Russia’s sanction-evading shadow fleet in Black Sea off Turkey
Ukraine has intensified its campaign against Russia’s oil trade by striking two tankers linked to Moscow’s sanction-evading maritime network in the Black Sea.
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