Free Top Stories
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.
Europe’s last wild rivers shrinking fast as Balkans lose 2,500 km of pristine waterways
Wild rivers in the Balkans are being steadily eroded by hydropower and infrastructure development finds new study commissioned by Riverwatch and EuroNatur.
Eni-led consortium spuds Libya’s first deepwater exploration well
Libya’s National Oil Corporation (NOC) and international partners have started drilling the country’s first deepwater exploration well in the Gulf of Sirte.
Kazakhstan’s “de facto” uranium nationalisation looks like “spectacular own goal”, says investor
Canadian exploration company Laramide pulls out of project, arguing economic case for FDI no longer exists.
Shell and Mitsubishi considering selling stakes in LNG Canada
Shell and Japan’s Mitsubishi are exploring options to unload parts of their stakes in LNG Canada.
Canada’s Woodfibre LNG receives two new modules
Woodfibre LNG has reached another key milestone with the arrival of two modules in Squamish, British Columbia.
Hanwha signs MOU to support Newfoundland LNG project
South Korea’s Hanwha Group has inked a Memorandum of Understanding with Canada’s Fermeuse Energy to jointly advance the Newfoundland and Labrador LNG project.
SHI launches hull for Eni’s Coral North FLNG project in Mozambique
Italian integrated energy group Eni and its partners on January 16 announced the launch of its Coral North floating LNG (FLNG) hull at the Samsung Heavy Industries’ Geoje Island shipyard in South Korea.
Equinor’s eastern ambitions: navigating opportunity and adversity in South Korea
In late 2025 and early 2026, local media reported that Equinor missed a key deadline to finalise an agreement necessary for state backing of the Firefly/Bandibuli project.
Gazprom Neft agrees to sell stake in Serbia’s NIS to Hungary’s MOL
Russia’s Gazprom Neft has reached a provisional agreement to sell its majority stake in Serbia’s oil company NIS to Hungary’s MOL, in a deal that would require approval from the US Treasury as the firm seeks to escape US sanctions.
Conoco's long shadow in Venezuela
ConocoPhillips is weighing calls from US President Donald Trump for American oil producers to commit large-scale investment to Venezuela, a country where the company has a long record of political risk, financial disputes and personal danger.
Kenya seeks $824mn from pipeline company privatisation as debt pressures mount
Nairobi has launched the KPC privatisation targeting $824mn from an IPO that values the fuel transporter at about $1.27bn, amid a push for new funding for infrastructure amid rising debt-servicing costs.
IntelliNews Lambda: Europe’s deep freeze begins to bite as gas storage dips below seasonal trend
A deepening cold snap across Europe has begun to dent the continent’s gas reserves, with storage levels falling more sharply in recent days and, for the first time this winter, deviating measurably from the seasonal norm.
Follow us online