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Uzbekistan non-committal on Rosatom offer to build nuclear ‘cluster’
Russian nuclear entity trying to dispel perception of financial problems.
Egypt seeks to deepen Italian energy major Saipem’s role in new gas concessions
The Egyptian government is discussing with Italian oil services major Saipem the opportunities to expand the company’s activities in Egypt and potentially upgrading its role from contractor to investment partner in new gas exploration projects
The battery revolution
The big drawback with wind and solar energy is they don’t produce any power when the wind doesn’t blow or the sun doesn’t shine. But that so-called “baseload” problem is melting away as a battery revolution is underway.
Global ocean temperatures at historic highs, La Niña collapse poised to push records further
Global sea surface temperatures are currently the fourth highest ever recorded for this time of year, raising renewed concerns among climate scientists as a developing El Niño event threatens to push marine heat to unprecedented levels.
Canadian oil and gas explorer Sintana Energy plans to expand in Namibia’s Walvis Basin
Canadian oil and gas explorer Sintana Energy (TSXV/AIM:SEI, OTCQX:SEUSF) has entered into a Letter of Intent with Namibia-based Paragon Oil & Gas to assess a potential investment in PEL 37 in the Walvis Basin, offshore Namibia.
Venezuela's parliament approves oil sector privatisation in historic reversal
Venezuela's National Assembly has backed a fundamental restructuring of the country's oil sector, driving the final nail into more than two decades of socialist policies that prioritised state control over the industry.
US sanctions are reshaping the energy landscape in the Balkans
Planned sale of Lukoil's foreign assets to US private equity firm Carlyle could significantly alter fuel supply chains and ownership structures across Bulgaria, Romania and Serbia.
Nigerian fuel prices set to fall, says NMDPRA head
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has revealed that the prices of Liquefied Petroleum Gas (LPG), diesel and petrol will continue to fall across Nigeria.
Egypt to tender for 930,000 tonnes of fuel imports for February delivery
Egypt’s General Petroleum Authority (EGPA) is set to launch an international tender to import about 930,000 tonnes of petroleum products for delivery in February 2026
ADNOC, Taqa sign 27-year utilities agreement in UAE
The Abu Dhabi National Oil Company (ADNOC) and Taqa (Abu Dhabi National Energy Company) have signed a 27-year agreement for the supply of important utilities to the Ta'ziz Industrial Chemicals Zone located in Ruwais.
US control of Venezuela oil risks debt clash with China
American oversight of Venezuelan petroleum exports has trapped oil cargoes that Beijing was using to service debt, potentially creating a superpower confrontation that could complicate the South American nation's path out of default.
ExxonMobil targets bringing more CCS projects online in 2026
ExxonMobil has provided an update on its progress in the carbon capture and storage (CCS) space, including milestones reached in 2025, as well as plans for 2026.
ExxonMobil unit reportedly seeking buyers for certain Eagle Ford assets
ExxonMobil’s shale-focused subsidiary, XTO Energy, is reportedly looking for buyers for some of its assets in Texas’ Eagle Ford play.
Egypt’s SCZone signs $63.9mn deal with Jade Automotive Technology for EVs and battery manufacturing project
Venezuela's oil reform fails to lure US majors despite push for private investment
Venezuela's interim government has fast-tracked changes to the country's hydrocarbon law in a bid to attract foreign capital to its battered oil industry, but major US producers remain reluctant to commit billions of dollars amid uncertainties.
Indian firm beats Argentina's Techint in $200mn Vaca Muerta pipeline tender
India's Welspun Corp has secured a contract worth just over $200mn to supply pipes for Argentina's Vaca Muerta liquefied natural gas project, defeating local steel giant Tenaris.
Shell, Petrobras complete Falcão-1 well with no commercial hydrocarbon discovery offshore São Tomé and Príncipe
Brazil-based state-controlled integrated energy company Petrobras and UK oil and gas major Shell have completed drilling of the Falcão‑1 well in São Tomé and Príncipe.
Africa’s data centre boom triggers shift in power investment priorities
Africa’s accelerating digital transformation is placing data centres at the heart of its future power strategy, as surging demand for cloud services and digital connectivity redefines the continent’s energy and infrastructure landscape.
Egyptian Enppi and Petrojet plan to form engineering venture with French Technip Energies
Egyptian state-owned engineering and oil services firms Enppi and Petrojet plan to establish a new joint venture with France’s energy firm Technip Energies to compete for large-scale projects
As India’s union budget approaches, global and domestic pressures weigh heavily
Higher budgetary support for exploration and strategic reserves could offset some of the risks linked to volatile global oil prices and shifting trade alignments
India–EU trade pact anchors climate action at the core of economic cooperation
The India–EU free trade agreement represents a decisive step towards embedding climate policy directly into the architecture of global commerce, marking a shift away from trade deals that treat environmental concerns as side issues.
Venezuela oil law revamp falls short of capital needed for sector overhaul
Venezuela’s proposed overhaul of its hydrocarbons law is designed to ease the expansion of companies already operating in the country and draw in fresh investors
Libya sees Turkey as key partner in energy push, targets 2mn bpd output
Libyan oil minister Khalifa Abdulsadek said Turkey could play a pivotal role in developing the oil and gas industry in his country with its technical expertise and offshore fleet.
Kosovo’s electricity crisis exposes years of neglect and policy missteps
Kosovo has once again found itself grappling with one of its most persistent and damaging problems: an unreliable electricity supply, the Kosovo Chamber of Commerce and Industry tells bne IntelliNews.
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