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Russia hit by double whammy of forced crude exports as Ukraine drone strikes reduce refining throughput
Russia is exporting crude oil at its fastest pace this year as repeated Ukrainian drone strikes on domestic refineries leave Moscow increasingly unable to process its own production.
Delfin signs SPA for second FLNG unit offshore Louisiana
Delfin LNG has entered into a new sale and purchase agreement with UK-based Centrica LNG for volumes from its proposed second floating LNG unit.
Russia in talks to import Kazakh gasoline as Ukraine’s drone attacks hammer refineries
Russian petrol output reported as down by 25% as of late June.
Malaysia secures 20-year Russian energy deal
The deal was secured through direct, closed-door bilateral negotiations with Russian President Vladimir Putin on the sidelines of the 35th Anniversary ASEAN–Russia Commemorative Summit.
Russia’s oil sector bruised but not broken by Ukraine's drone strikes
Ukraine's expanding drone campaign against Russia's oil industry is testing the Kremlin. Can it keep the domestic economy functioning after more than four years of war as its cash cow industry takes a painful pounding.
Algeria, Nigeria offer biggest opportunities in Africa for low-cost methane emissions cuts, report finds
African oil & gas producers can achieve significant methane emissions cuts using existing tech, Carbon Limits says, noting infrastructure, regulation and gas commercialisation prospects will determine the economics of abatement.
Markets bet big on De la Espriella, Colombia's next president. Economists are not so sure
Colombian markets were upbeat on De la Espriella's victory. But two economists tell IntelliNews the celebration may be premature, with deep state cuts, fracking and a harsh security crackdown carrying steep hidden costs.
Cuba oil lifeline hinges on Mexican firms willing to brave US sanctions
Cuba’s oil lifeline hangs by a thread. As Mexico attempts a risky private-sector workaround to bypass tightened US secondary sanctions, mid-sized firms face an overnight death sentence if they lose access to dollar clearing.
Qatar to resume normal LNG output within weeks, prime minister says
Qatar will resume normal LNG production within a few weeks, its prime minister says, though Iranian strike damage will keep around 17% of capacity offline for years, leaving global gas markets only partly relieved.
Nigeria's SEC warns against unauthorised marketing of Dangote refinery IPO set for Q3
Nigeria's SEC says no application has been filed or approved related to the Dangote’s plan to eventually list a 5-10% stake in its $20bn, 650,000-bpd refinery
US independent Murphy Oil makes Bubale-1X discovery offshore Côte d’Ivoire
US independent energy company Murphy Oil Corporation (NYSE: MUR) on June 22 announced an oil discovery at the Bubale-1X exploration well in Block CI-709 offshore Côte d’Ivoire.
India’s Russian crude imports hit record level
Regardless of efforts by the US or even the EU to pressure New Delhi to abide by wider sanctions on Moscow, Russian crude is set to remain a defining feature of India's energy mix in at least the near term.
Colombia's De la Espriella win puts Ecopetrol governance shake-up on hold
Colombia’s presidential election result has halted plans for governance changes at Ecopetrol and increased the likelihood of a review of the state-controlled energy group under incoming President Abelardo de la Espriella
After poultry raid failure, Turkey moves against fuel and LPG industry, seizes six companies
27 businessmen detained in coordinated raids spanning nine provinces.
Iran, Oman agree joint committee on Strait of Hormuz shipping
Iran and Oman have agreed to form a joint foreign-ministry committee on the future management of shipping through the Strait of Hormuz, a joint statement says, while reaffirming safe passage and their sovereignty over the waterway.
Western Balkans coal plants continue to breach pollution limits despite legal deadlines, report says
CEE Bankwatch Network study finds coal-fired power plants emitted sulphur dioxide at more than six times legal limits in 2025, with dust pollution reaching its worst level since current emissions rules entered force.
Iran says Switzerland four-way talks collapsed after US threats
Iran's foreign ministry says four-way talks in Switzerland with the US, Pakistan and Qatar failed to reconvene after threatening US statements, with later contact running only through mediators, giving Tehran's account of the round.
EU closes Russian oil 'refining loophole' but sanctions gaps remain - KSE
The EU's ban on petroleum products refined from Russian crude oil in third countries has sharply reduced the flow of Russian-linked fuel into Europe, but significant loopholes remain and products derived from Russian oil continue to reach the EU.
Europe's heat map is turning red due to annual heatwaves - IPCC
Villages in northern France have been sweltering this week as temperatures topped a record breaking 43°C in what is already clearly going to be the fourth hottest year in recorded history.
Romania adds more than 10,000 rooftop solar prosumers a month
Romania had 332,684 prosumers connected to the electricity grid as of April 30, with a combined installed capacity of 3,789 MW, according to energy regulator ANRE.
COMMENT: Iran war shows why Asia must quit fossil fuels
Across Asia, governments are now accelerating approvals for renewable projects and grid modernisation schemes. Battery storage investments are making headlines almost daily.
US eases Iran oil sanctions, price on Brent crude drops over 3.5%
The United States has partially lifted sanctions on Iranian oil exports following what officials have described as encouraging progress in negotiations aimed at ending hostilities between Washington and Tehran.
Turkey’s foreign minister meets Trump’s co-in-law 'fixer' in Cairo
Lebanese-born billionaire Massad Boulos is a man with a unique portfolio. He serves as US senior advisor for Arab and African affairs. His son is married to Tiffany Trump.
Lithuanian carbon farming programme secures first corporate buyers
Several international companies have purchased the first carbon credits generated by local farmers in Lithuania.
Cocaine trade overtakes oil as Colombia's largest export
Colombia’s booming cocaine trade generated about $16.5bn in 2024, surpassing petroleum exports for the first time in more than a decade and accounting for roughly 4.4% of gross domestic product, according to a study by Eafit University’s Centre.
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