Free Top Stories
Nigeria’s president approves $2.6bn bond to clear GenCos’ debts
President Bola Tinubu has approved a NGN4 trillion ($2.6bn) bond to settle long-standing debts owed to power producers and gas suppliers, aiming to inject liquidity into Nigeria’s electricity sector.
Seismic innovation, faster permitting crucial in Africa’s oil and gas exploration revival, energy majors say
Exploration for oil and gas in Africa is gathering momentum owing to advances in seismic imaging, improved frontier datasets and shorter permitting timelines, energy majors have said.
The Korean arm of a Chinese PV inverter carves a niche across South Korea
Sungrow Power Korea already offers a product line including "total solutions across the entire renewable energy sector, including commercial and residential ESS systems, floating solar power, and electric vehicle charging systems."
Russia struggles to restore gas payments to Moldova’s separatist Transnistria region
Russia is seeking a new intermediary to facilitate payments for natural gas deliveries to Transnistria after European banks reportedly blocked financial transfers routed through Dubai.
International technology firms urge wider AI adoption across African energy sector
African energy companies risk being left behind if they do not urgently facilitate wider Artificial Intelligence (AI) adoption.
Can Senegal’s transparency drive amid an oil & gas boom end the 'resource curse'?
Senegal is tying its energy-led growth story to a wider investment drive, opening Fii 2025 under President Faye’s patronage. With Sangomar first oil flowing and gas exports due from GTA, the government is poised to unveil its petroleum code.
Ecuador capital erupts in protest as Noboa defies calls to reinstate fuel subsidies
Ecuador's capital, Quito, became a battleground between rival protest groups on October 5 as a state of emergency took effect across 10 provinces, following two weeks of demonstrations against President Noboa's elimination of fuel subsidies.
Iran to begin cloud seeding operations from mid-November
Iran plans to deploy a fleet of five aircraft targeting the Lake Urmia and Zayandeh Rud basins and Khorasan Razavi province to boost rainfall by 15-20%.
Angola’s Etu Energias secures financing for offshore Block 17/06 development
Etu has secured structured financing from Mauritius Commercial Bank and TotalEnergies Trading SA to fund its 7.5% stake in Block 17/06. The deal advances Etu’s plan to lift output to 80,000 bpd by 2030.
Senegal to review oil, gas codes ahead of MSGBC 2025 in Dakar, says minister
Senegal will overhaul its oil and gas codes as part of President Faye’s transparency agenda, as the country enters its production phase following first oil from the Sangomar field and the upcoming start of BP’s Greater Tortue Ahmeyim gas project.
Low reservoir water levels mean tough winter for hydro-dependent Kyrgyzstan
Energy minister says government taking measures to prevent blackouts.
Malaysia’s fuel recalibration: balancing fiscal discipline and public relief
In late September 2025, the Malaysian government unveiled a recalibrated approach to its long-running petrol subsidy, lowering the price of RON95 for citizens to $0.47 per litre.
Leading Indian renewable energy developer looks forward to IPO
The flotation will follow the book-building route, with half the shares reserved for qualified institutional buyers, 15% for non-institutional investors and the remaining 35% for retail participants.
Russia’s Arctic LNG 2 raises production to record high
Russia’s heavily-sanctioned Arctic LNG 2 facility has increased production to record levels.
LNG Canada expected to start second liquefaction train soon
LNG Canada is preparing to begin start-up of its second liquefaction train, a spokesperson for the Shell-led facility.
Russia’s oil and gas revenues fall 25% in September, deficit seen rising
Moscow faces fiscal pressures as it grapples with declining energy income and rising spending.
Tanzania pushes for $42bn LNG deal with Shell, Equinor by end-2025 after decades of delays
Tanzania is pressing ahead with plans to conclude a $42bn LNG deal by end-2025, targeting output of up to 10mn tonnes annually, drawing on offshore reserves operated by Shell (UK, Blocks 1 & 4) and Equinor (Norway, Block 2).
Botala Energy posts wider loss, sets 2027/28 target for first gas in Botswana
Botala Energy reported a wider annual loss as it develops the Serowe coal bed methane project in Botswana. The company secured a mining licence, raised fresh capital, and signed an LNG offtake deal, targeting first gas supply by 2027/28.
Ethiopia contracts China’s GCL to build $2.5bn refinery in Somali region
Sovereign wealth fund Ethiopian Investment Holdings (EIH) will co-develop the $2.5bn oil refinery with China’s Golden Concord Group (GCL)
MidOcean to buy 20% stake in Petronas’ Canadian operations
MidOcean Energy has agreed to acquire a 20% interest in what it describes as Petronas’ “key” businesses in Canada.
Alberta to propose new oil sands pipeline to BC coast
The Alberta government has unveiled plans to submit a proposal to the Canadian Major Projects Office for a new pipeline for transporting oil sands crude from the province to British Columbia’s northwest coast.
Rhino Resources announces gas condensate discovery at Volans-1X well in Namibia’s Orange Basin
Independent oil and gas exploration and production (E&P) company Rhino Resources has announced a significant gas condensate discovery at the Volans-1X well on Block 2914A in Namibia’s Orange Basin.
Nigeria’s PENGASSAN calls for reinstatement of 800 Dangote refinery employees
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the Trade Union Congress (TUC) have criticised Dangote refinery’s management for its treatment of workers.
Mexican tycoon Carlos Slim invests $2bn in Veracruz oil field as Pemex drowns in debt
Mexican businessman Carlos Slim has expanded his involvement in the country’s hydrocarbons sector through a new drilling agreement with the state-owned oil company Petróleos Mexicanos (Pemex).
Somalia to launch first oil drilling campaign within months, after decades of sporadic exploration, says president
Somalia’s President Hassan Sheikh Mohamud has announced the country’s first-ever oil drilling campaign will begin within months.
Follow us online