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Egypt exports new LNG cargo to Turkey under Shell contract
Egypt has exported a new shipment of liquefied natural gas (LNG) for global energy major Shell (NYSE: SHEL), loaded from the Idku LNG complex on the Mediterranean coast
Yemen Houthi threaten to resume Red Sea shipping attacks as US-Iran tensions escalate
Yemen's Houthi forces warn of resumed Red Sea shipping attacks through video message as US-Iran tensions escalate, threatening vital maritime trade route after period of relative calm.
Libya signs $20bn oil deal with TotalEnergies and ConocoPhillips to boost output
Libya has signed a 25-year agreement to develop its oil sector with French energy major TotalEnergies (EPA: TTE) and the US firm ConocoPhillips (NYSE: COP), securing foreign investment exceeding $20bn.
The big freeze
A big freeze is sweeping the globe that has seen extreme snowfall from the US to Japan, burying entire cities under metres of snow in a matter of a few hours. And it’s not going to stop.
Egypt’s government in talks with investment banks to fund fuel projects
The Egyptian government plans to present investment opportunities in the oil, gas and mining sectors to a group of investment banks, including projects aimed at achieving self-sufficiency in diesel and gasoline.
TAQA Morocco, JBIC sign MoU to finance energy and infrastructure projects through 2030
IEA: Europe to import record supplies of LNG
The International Energy Agency projects that Europe will import a record level of LNG in 2026, the organization announced in its quarterly Gas Market Report.
McDermott wins Nasr expansion job from ADNOC
McDermott has secured a major contract from Abu Dhabi National Oil Co. (ADNOC) to expand the offshore Nasr oilfield.
US 'signals imminent Iran strike to allies' but traders don't believe war coming, claims expert
US allegedly alerts Iraq, Jordan, Saudi Arabia and UAE that Iran attack is imminent, risking 5% of global oil supply and potential Strait of Hormuz closure that could cripple Gulf energy exports.
Trump threatens 100% tariff on Canadian goods over China deal
Trump threatens 100% tariff on all Canadian imports if Canada allows China to use it as transit point for goods entering the United States, warning of economic consequences.
Baltic region’s largest solar park set to come online in western Estonia
Sunly's new solar park will significantly reduce Estonia's reliance on imported electricity and fossil fuels.
France intercepts Russian oil tanker in Mediterranean suspected of using false flag
France intercepts Russian oil tanker Grinch in Mediterranean Sea suspected of using false flag, redirects vessel to port as President Macron vows to enforce international sanctions on shadow fleet.
Iranian vessels positioned across Persian Gulf and Gulf of Oman as US carrier approaches
Multiple Iranian vessels tracked across Persian Gulf and Gulf of Oman near UAE and Oman as US carrier strike group USS Abraham Lincoln approaches region amid escalating tensions over protest crackdown.
Egyptian El Nasr Automotive explores EV battery production with China’s Shandong Heavy Industry
US’ Western Midstream announces renegotiated Occidental deal, new ConocoPhillips agreement
Western Midstream Partners has renegotiated its natural gas-gathering and processing contracts with Occidental Petroleum in the Permian Basin’s Delaware sub-basin, while also entering into new agreements with ConocoPhillips.
Cenovus reportedly considering sale of Alberta conventional assets
Canada’s Cenovus Energy is reportedly considering a sale of conventional oil and gas assets in Alberta’s Deep Basin.
Kazakhstan to develop coal-powered "data centre valley"
Country in hurry to create energy-thirsty full digital economy by 2029.
Argent LNG signs strategic agreement with contractor Maire Tecnimont
Argent LNG has signed a term sheet with Italian firm Maire Tecnimont to secure its support in developing the 25mn tonnes per year LNG facility located in Port Fourchon, Louisiana.
Indonesia moves to open battery precursor plant at Setangga SEZ
Indonesia has taken another step in its mineral downstreaming agenda with the inauguration of a battery precursor materials facility operated by PT Anugerah Barokah Energi Baru at the Setangga Special Economic Zone in Tanah Bumbu
Bulgaria takes 10% stake in Black Sea oil and gas exploration consortium
"The cheapest gas is our gas," energy minister says as Bulgaria acquires a 10% stake in the consortium exploring for oil and natural gas in the Han Asparuh offshore block.
MOL shares hit seven-year high after Russia agrees to sell NIS stake
Shares of Hungarian oil and gas company MOL surged to their highest level since 2007 after Russia agreed to sell its majority stake in Serbia’s NIS to MOL.
Egypt clears $5bn in oil partner arrears since June 2024, says PM
The Egyptian government has paid about $5bn in outstanding dues to foreign partners in its oil and gas sector since June 2024 under a previously announced repayment schedule
Mexican billionaire Slim consolidates Gulf of Mexico oil assets in $600mn Lukoil deal
Mexican billionaire Carlos Slim's Grupo Carso will acquire complete ownership of two Gulf of Mexico oil fields after agreeing to purchase Russian company Lukoil's remaining stake in a transaction valued at $600mn.
UK launches GBP15bn Warm Homes Plan to cut energy bills across Britain
Britain unveils £15bn Warm Homes Plan to upgrade five million homes with solar panels and heat pumps, aiming to lift one million families out of fuel poverty by 2030 whilst creating 180,000 green jobs.
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