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Iraq faces worsening fuel shortage as diesel queues grow in Baghdad
Iraq's oil ministry is preparing to import diesel as queues lengthen at Baghdad filling stations, eight months after the prime minister ordered fuel imports halted on the grounds that the country had reached self-sufficiency.
Argent LNG granted export authorisation for Louisiana project
The US Department of Energy has granted an export permit to free-trade countries to Argent LNG for its proposed Louisiana project.
Electrifying Asia – where EVs are reshaping power demand and fuel use
The winners are likely to be countries capable of building integrated ecosystems spanning renewable generation, batteries, charging networks and EV manufacturing.
AEC, ENH strengthen partnership to support Mozambique’s energy investment drive
The African Energy Chamber and Mozambique’s national oil company ENH have agreed to strengthen cooperation in attracting investment, expanding local content and increasing private-sector participation as the country’s gas industry grows.
Iran speeds up Kharg oil terminal projects amid US threats against export island
Iran is pressing ahead with the completion of development and infrastructure projects at its Kharg Island oil terminal, a senior Oil Ministry official said, as the United States continues to threaten to seize the island.
Hungary commissions Central Europe’s largest battery storage complex
Hungary is rapidly expanding grid-scale energy storage to support its fast-growing renewable energy sector.
Greece’s Dynagas gets EU exemption to transport Russian LNG
Brussels yields to Athens but caps LNG volume transported at 2025 levels.
Europe's summer heat has broken the Bell curve, as record El Niño builds
This summer’s extreme temperatures have broken the normal “Bell curve” distribution of temperature variations and pushed it sharply to the right into record breaking highs. This is not normal – literally.
Yemen says drones hit Saudi crude lines to Yanbu, Riyadh blames Iraq
Yemen's armed forces say they hit crude transfer lines running from Saudi Arabia's Eastern Province to Yanbu with drones. Riyadh confirmed oil facilities in the Eastern Province were struck but claimed the drones were launched from Iraq.
Lebanese prime minister arrives in Iraq to advance Kirkuk-Tripoli pipeline talks
Lebanese Prime Minister Nawaf Salam arrived in Baghdad to advance energy cooperation with Iraq, with the revival of the Kirkuk-Tripoli crude oil pipeline emerging as the centrepiece of talks.
Canada’s FortisBC granted key approval for Tilbury LNG expansion
Canadian natural gas utility Fortis BC has received the go ahead from British Columbia’s provincial government to proceed the project following the exemption of the requirement for a Certificate of Public Convenience and Necessity.
QatarEnergy extends force majeure on LNG deliveries to mid-October
The world’s second-largest exporter, Qatar, has prolonged force majeure through to mid-October on deliveries of LNG cargoes to some of its Asian buyers.
Kazakhstan’s Tokayev explicitly urges Putin to “freeze” Ukraine war in face to face talks
Says his country “does not understand nature” of “tragic” conflict.
Brazil needs more auctions, fewer licensing hurdles to boost oil reserves, say experts
Brazil drilled just 19 exploratory wells in 2025, well below the levels needed to replenish its oil reserves, according to industry executives and experts, who called for more auctions and fewer environmental licensing hurdles.
OPEC and the next surplus
A post-war return of constrained barrels could tip today’s uneasy balance into oversupply, forcing OPEC+ back into a market-share struggle it may no longer control.
Has Ukraine declared war on Iran?
Ukraine's Caspian strike killed an Iranian sailor and drew a retaliation threat from Tehran. Kyiv calls it interdicting the Iran-Russia arms route, but firing on a third state's vessel outside any declared war raises a harder question.
Iran adds 668 MW of generating capacity in a week as summer shortages bite
Iran added 668 MW of generating capacity in a week, including 70 MW of solar and a 160 MW combined-cycle unit at Asaluyeh, as Energy Minister Abbas Aliabadi pointed to weekly additions amid summer power shortages.
Iran war closes Hormuz, Bab al-Mandeb simultaneously for first time ever
For the first time since records began, both of the Middle East's great oil chokepoints are shut at once for the first time ever. The Strait of Hormuz has been effectively closed since February 28, and now Bab al-Mandeb Strait is also shut.
Croatia's grid operator clears key milestone for €50bn Pantheon AI data centre project
Croatia's grid operator has approved the technical blueprint for connecting the planned Pantheon AI data centre to the national grid, clearing a major regulatory hurdle for what developers say will be the country's largest-ever private investment.
Nigeria's Dangote refinery completes $2.5bn private placement after strong investor demand
Dangote said it had issued and allotted about $2.5bn of new equity after receiving demand equivalent to 3.7 times the original offer size.
Michigan regulators reissue permits for Line 5 tunnel
The Michigan Department of Environment, Great Lakes, and Energy has reissued the permit for Enbridge's Great Lakes Tunnel Project.
Russia's gas queues start to ease, but the fuel crisis is far from over
Ukraine's drone campaign against Russian refineries has made the country's refining sector a strategic liability for the Kremlin, and the resulting fuel crisis has pushed Russian refining to record lows even as LNG exports to Europe hit record highs.
Low Danube levels threaten Serbia’s river traffic, disrupt fuel imports
Exceptionally low water levels on the Danube are threatening to disrupt river navigation in Serbia and have slowed imports of petroleum products, adding pressure to fuel supplies amid high demand and elevated global oil prices.
Yemenis vow to extend Saudi blockade to Jeddah, Yanbu
A senior Houthi adviser said the movement's naval blockade of Saudi Arabia will expand from Jizan to Jeddah and Yanbu, the Red Sea terminal Riyadh has used to bypass the closed Strait of Hormuz, after Trump threatened military retaliation.
Riyadh's Red Sea lifeline comes under fire
Confronted with a Houthi naval blockade and burning tankers off Yanbu, Saudi Arabia's carefully engineered workaround to Hormuz is unravelling just as Asian refiners scramble for alternatives.
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