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Algeria brings 400MW of solar capacity online
Algeria has commissioned two solar power plants with a combined capacity of 400MW
Egypt eyes wind and solar projects at Gebel El Galala off Red Sea
The Egyptian government is currently studying plans to harness the high wind speeds of the Gebel El Galala region in Suez Governorate for renewable energy projects
Egyptian energy firm Petrogulf boosts output by 10,000 bpd from Gulf of Suez fields
Egyptian energy firm Petrogulf Misr, a subsidiary of the state-owned South Valley Egyptian Petroleum Holding Company, raised its oil production by nearly 10,000 barrels per day (bpd), reaching its highest output level since its establishment in 1982
Quality matters: how the Hormuz crisis tests refinery flexibility
The disruption highlights a key reality often overlooked in the oil market: while volumes may be globally fungible, crude quality is not.
South Africa's Eskom selects Thyspunt as preferred site for nuclear plant amid heritage risk
South Africa’s state-owned utility Eskom has identified Thyspunt on the Eastern Cape coast as the preferred site for a proposed 5,200MW nuclear power station, according to a draft environmental scoping report.
Lebanon on the brink of energy crisis following Iran war spillover
Lebanon faces an energy crisis that extends beyond immediate fuel price volatility fueled by the Iran war, according to a study by the Arab Center for Research and Policy Studies.
Trump orders naval blockage of Iran in a new shockwave for energy markets
Following the collapse of ceasefire talks this weekend US President Donald Trump has ordered a full naval blockade of shipping into and out of the Persian Gulf.
Naphtha shortages leading to petrochemical plants force majeures and record prices
Petrochemical producers across Asia have begun shutting down operations after disruptions to shipping through the Strait of Hormuz reduced supplies of the critical naphtha and liquefied petroleum gas (LPG) feedstocks.
Falling battery prices make round-the-clock solar power supply viable in India
A recent report by energy think tank Ember says that declining battery storage costs have reached a level where it makes it economically viable for solar power to supply most of India’s electricity demand.
Battery costs have declined by 99% in the last three decades, making electrified transport a reality – OWID
Over 20mn electric cars were sold globally in 2025 — some for as little as $10,000. Even just two decades ago, that would have been impossible. The reason it's possible now? Batteries have gotten much cheaper.
EU paid €2.88bn for Russian Arctic LNG in first quarter
The EU paid an estimated €2.88bn ($3.33bn) to Russia for liquefied natural gas from the Yamal Arctic LNG project, majority owned by Novatek (NVTK.MM), in the first quarter of 2026.
Libya announces new oil and gas discoveries in northern and southern regions
Libya announced three new oil and gas discoveries in the north and south of the country
Uzbekistan’s National Investment Fund eyes IPOs in London and Tashkent
Managed by a Franklin Templeton company, UzNIF at end-2025 held minority stakes across aviation, energy, banking and telecoms with a $2.4bn net asset value.
NewMed, EGAS seal 15-year deal to channel Cypriot Aphrodite gas into Egypt’s energy grid
NewMed Energy (TASE:NMW), a partner in Cyprus’s offshore Aphrodite gas field, announced the signing of a 15-year agreement to supply natural gas to the Egyptian Natural Gas Holding Company-EGAS (EGX:EGAS)
Oil price spike: How does the Kremlin tax its oil industry?
Oil prices have spiked and that should produce a huge windfall for the Kremlin which has been desperately short of cash to fund its war machine in Ukraine since the start of this year.
Speculation grows about US shale drillers ramping up activity
Speculation has been growing over the likelihood of US shale producers stepping up drilling.
Did America just hand the Gulf to Russia?
The Iran war has turned Russia from a sanctioned energy pariah into an indispensable supplier for half the planet. With Urals crude at 13-year highs and sanctioned LNG going at 40% discounts, Moscow may be the war's real winner.
Venezuela opens for business, investors weigh promise against reality
The months since Nicolás Maduro's capture have brought Venezuela closer to the global economy than at any point in a generation.
Santos reports positive results from Alaska’s Quokka-1 appraisal well
Australia’s Santos has completed its Quokka-1 appraisal well on Alaska’s North Slope.
Perenco partnership to advance energy sector skill development in Central Africa
Perenco Cameroon and Perenco Gabon, key African subsidiaries of independent Anglo-French oil and gas company Perenco, have formed a partnership with the UCAC-ICAM Institute in Douala to advance local skill development in Central Africa.
Russia emerges as 'strategic energy partner' for Global South thanks to Iran
Russian oil hit a 13-year high before the ceasefire as Moscow pivots to "strategic energy partner" for the Global South. Kremlin says it is fielding "an enormous number" of requests for energy supplies as trade flows shift.
Trump warns US forces will remain in place around Iran until 'real agreement' is complied with
Trump warns all US military forces will remain deployed around Iran until the ceasefire agreement is fully met, threatening that otherwise "the shootin' starts." He says Iran must not pursue nuclear weapons and Hormuz must stay open.
Caturus achieves full commercialisation of Commonwealth LNG
Caturus has completed the commercialisation of its planned Commonwealth LNG project on the US Gulf Coast and is closing in on a final investment decision.
Windfall tax delay exposes Indonesia’s challenge in capturing commodity gains
Indonesia recently announced that it had delayed the rollout of its windfall tax proposal on coal and nickel exports. The country noted that the complexity of balancing fiscal needs with industrial policy is behind the delay
Peru scales up solar capacity as Sunny complex reaches 345 MW
Peru accelerates solar deployment as Kallpa’s Sunny complex reaches 345 MW, signalling a broader expansion pipeline of 1.42 GW set to reshape the country’s renewable energy landscape by 2028.
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