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Bangladesh faces costly winter gas bill as Qatar shortfall drags on
Bangladesh's gas crisis is turning from a summer emergency into an expensive winter bill, with Qatar unable to say when its LNG will flow again.
Angola invites Namibia to invest in $6.6bn Lobito oil refinery project
Angola has invited Namibia to buy into its 200,000 bpd Lobito oil refinery, with shareholder countries promised priority access to fuel supplies as Sonangol seeks partners and financing for the $6.6bn project.
Eni completes offshore Bouri gas recovery project in Libya
Italian energy major Eni (BIT: ENI) finalised the operational commissioning of the Bouri Gas Utilisation Project in Libya’s offshore area,
Uzbekistan to upgrade 60 power substations with $200mn ADB loan
Modernisation objectives are reducing power losses, improving supply reliability and preparing the grid for growing renewables.
TAG Oil reports no oil flow during initial testing of Egypt's Badr well
Canadian energy company TAG Oil reported that no formation oil reached the surface during initial production testing of its T-200 vertical well at the Badr Oil Field in Egypt's Western Desert
ECOWAS and Sahel states seek new trade rules after political split
The military-led Sahel states of Burkina Faso, Mali and Niger want a new framework for relations with ECOWAS following their withdrawal from the regional bloc.
Nigeria’s Dangote says refinery IPO subscriptions span 51 African countries
Dangote Petroleum Refinery & Petrochemicals FZE said its ongoing initial public offering had attracted subscriptions from investors in more than 90 countries, including 51 of Africa’s 54 nations.
Unidentified investors trade $327mn Kenya Pipeline stake in single block deal
Unidentified investors traded 4.5bn shares in Kenya Pipeline Company (NSE: KPC), worth ($327mn), in a single transaction equivalent to 24.76% of the company’s issued share capital.
LNG Canada selects Tecnicas Reunidas for Coastal GasLink Phase 2
Shell-operated LNG Canada has selected Spanish firm Tecnicas Reunidas for Phase 2 of the project’s Coastal GasLink.
Qatari LNG tanker sails through Red Sea
A Qatari LNG tanker is travelling through the Red Sea braving waters susceptible to attacks from Houthi rebels.
ADNOC Onshore launches Bu Hasa EOR tender
Abu Dhabi National Oil Co. (ADNOC) has opened contractor bidding for an enhanced oil recovery scheme at Bu Hasa
Iranian leader adviser defends attack on Qatar gas installations
An adviser to Iran’s supreme leader defended Tehran’s strikes on Qatar’s Ras Laffan gas complex in March, saying strikes on regional energy infrastructure were part of the country’s deterrence strategy.
Socar Turkey snags benchmark $1.6bn five-year syndicated loan rollover at SOFR+2.30%
In 2021, company landed terms at Libor/Euribor +3.45%. New deal suggests rollover rate of 123%.
Slovakia's fourth Mochovce reactor sends first power to the grid
The fourth unit of Slovakia's Mochovce nuclear power plant supplied electricity to the national grid for the first time on October 15.
DR Congo inaugurates $522mn Kamoa-Kakula solar and battery complex supplying major copper mine
The Kamoa-Kakula solar and battery complex in Lualaba province launched on October 16, several weeks after the facilities began supplying electricity to one of Africa’s largest copper mining operations.
Angola’s 2026 fuel subsidy bill could hit $4.16bn, more than twice budgeted amount
The overrun, equivalent to about 6% of Angola’s 2026 budget, shows how dependence on imported fuel turns higher crude prices from a windfall into a fiscal cost.
Thailand seeks $200mn World Bank loan for clean energy
Thailand is seeking a $200mn loan from the World Bank to pay for solar power and energy-efficiency improvements in public buildings and industrial zones.
EU adopts proposal to postpone EU Methane Regulations by one year
One year postponement will now require first import obligations from January 1, 2028.
BP maps 1.5mn bpd ramp-up at Kirkuk fields
BP is advancing a phased programme to lift output from four Kirkuk oil fields to as much as 1.5mn bpd, a North Oil Co.
Vietnam offshore wind surveys launch for Pacifico Energy projects
Offshore surveys for two wind power projects, planned to total 1.8 GW between them, got under way on October 13 under a partnership between US-backed Pacifico Energy and Vietnam Petroleum Technical Services Corporation.
Shell to buy into Equinor’s Bay du Nord project offshore Canada
Norway’s Equinor has signed an agreement whereby Shell will acquire a 30% interest in the Bay du Nord project.
Devon to exit Eagle Ford with $4.2bn sale to Crescent
Devon Energy has struck a deal to sell its Eagle Ford assets to Crescent Energy, which is backed by KKR & Co., for around $4.2bn in cash.
INTERVIEW: Linde LienHwa fuels Taiwan’s hydrogen push, one refuelling station at a time
Linde LienHwa built its first hydrogen station in Taiwan last year, in Kaohsiung in the south of the country. As of late 2026, it is aiming to add another station in the north, perhaps near Taipei or in the centre of the country.
Taiwan defends offshore wind tenders against CIP criticism
Taiwan's Energy Administration hit back at Copenhagen Infrastructure Partners (CIP) after the Danish fund's local chief said the government had rushed its offshore wind tenders.
Spain’s Solaria to invest $5.7bn in Uruguay data centres
Solaria Energía y Medio Ambiente SA will invest $5.7bn in Uruguayan data centres and the solar parks to power them, a project President Orsi hailed as the largest investment in the country’s history.
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