Free Top Stories
Libya plans gas output boost to supply Europe by 2030, NOC head says
Libya plans to significantly increase its natural gas production over the next five years, aiming to make larger volumes available for export to Europe by the early part of the next decade
COMMENT: Trump’s Indian trade deal unlikely to cut Asia off from Russian oil
US President Donald Trump announced on social media that he was slashing tariffs on India from 50% to 18%, after cutting a new trade agreement that will see New Delhi reduce its imports of Russian crude oil dramatically.
Kazakhstan to build a second nuclear power plant in Almaty region
Kazakhstan has approved plans to build a second nuclear power plant as part of its broader push to diversify its energy mix and ensure long-term energy security.
Libya’s energy sector recovery reinforces its role as key African oil and gas producer – AEC
The African Energy Chamber (AEC) has commended Libya’s hydrocarbon sector recovery, which confirmed the country’s position as a key African energy producer.
US slashes tariffs on Indian exports after trade accord
The US agreed to slash tariffs on India from 50% to 18% after reaching a trade agreement on Indian exports and removing additional penalties added last year for importing Russian oil.
Morocco delays tender for $1bn LNG import terminal and gas pipeline project
Morocco has postponed the opening of bids for a strategic project to build a liquefied natural gas (LNG) import terminal and a domestic gas pipeline network with an estimated cost of about $1bn
Iraq assesses TotalEnergies’ progress on Basra projects
Iraq is advancing key components of its landmark $27bn energy accord with TotalEnergies, with significant infrastructure milestones reached at the Artawi oilfield hub
Egypt in talks with international oil firms to boost output over five years
The Egyptian government is currently discussing with international oil and gas companies operating in the country a plan to intensify exploration, development and production activities over the next five years
Chevron in talks with Libya and Iraq on potential oil projects expansion
US energy major Chevron (NYSE: CVX) is holding discussions with the governments of Iraq and Libya to assess potential opportunities to expand its footprint in the oil sector.
Unsettled by Greenland annexation threats, EU seeks to diversify way from US LNG dependency
Out of the frying pan and into the fire. Having struggled to reduce its dependency on Russian gas at enormous cost to its economy, the EU now finds itself with a new energy dependency that is potentially even more damaging than relying on Russian gas
Egypt plans $250–350mn oil arrears payments in Q1 2026, unveils mining reform push
The Egyptian government plans to repay between $250mn and $350mn in outstanding dues to international oil companies during Q1 2026, alongside a broader structural plan to settle an additional $750mn
Tesla officially enters Moroccan market, showcases two best-selling models in Casablanca
Canada eyes India to boost LNG exports
Upstart LNG exporter Canada is targeting India for a rise in sales with Prime Minister Mark Carney expected to visit the energy-hungry country in the coming weeks.
Slovenia triples solar capacity in four years as renewable shift accelerates
Ministry of Environment, Climate and Energy points to strong acceleration in the use of domestic renewable energy sources and a renewed push toward energy self-sufficiency.
Canadian energy firm assessing export facility at Port of Churchill
The push for an LNG export terminal on Hudson Bay is gaining momentum with Manitoba Premier Wab Kinew indicating that one of Canada’s largest energy firms is considering a facility at the Port of Churchill.
Crisis looms at Tehran dams as 14 reservoirs fall below 10% capacity
Fourteen dams across Iran's key population centres have fallen below 10% capacity, with Tehran's reservoirs continuing to drain despite recent rainfall, prompting warnings of a deepening water crisis in the country's largest cities.
Big freeze causes Russian regional power systems to collapse
Russia is being hit harder than most by the global big freeze that is causing its ageing regional power infrastructure to collapse.
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.
Follow us online