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Iranian leader adviser defends attack on Qatar gas installations
An adviser to Iran’s supreme leader defended Tehran’s strikes on Qatar’s Ras Laffan gas complex in March, saying strikes on regional energy infrastructure were part of the country’s deterrence strategy.
Socar Turkey snags benchmark $1.6bn five-year syndicated loan rollover at SOFR+2.30%
In 2021, company landed terms at Libor/Euribor +3.45%. New deal suggests rollover rate of 123%.
Slovakia's fourth Mochovce reactor sends first power to the grid
The fourth unit of Slovakia's Mochovce nuclear power plant supplied electricity to the national grid for the first time on October 15.
DR Congo inaugurates $522mn Kamoa-Kakula solar and battery complex supplying major copper mine
The Kamoa-Kakula solar and battery complex in Lualaba province launched on October 16, several weeks after the facilities began supplying electricity to one of Africa’s largest copper mining operations.
Angola’s 2026 fuel subsidy bill could hit $4.16bn, more than twice budgeted amount
The overrun, equivalent to about 6% of Angola’s 2026 budget, shows how dependence on imported fuel turns higher crude prices from a windfall into a fiscal cost.
Thailand seeks $200mn World Bank loan for clean energy
Thailand is seeking a $200mn loan from the World Bank to pay for solar power and energy-efficiency improvements in public buildings and industrial zones.
EU adopts proposal to postpone EU Methane Regulations by one year
One year postponement will now require first import obligations from January 1, 2028.
BP maps 1.5mn bpd ramp-up at Kirkuk fields
BP is advancing a phased programme to lift output from four Kirkuk oil fields to as much as 1.5mn bpd, a North Oil Co.
Vietnam offshore wind surveys launch for Pacifico Energy projects
Offshore surveys for two wind power projects, planned to total 1.8 GW between them, got under way on October 13 under a partnership between US-backed Pacifico Energy and Vietnam Petroleum Technical Services Corporation.
Shell to buy into Equinor’s Bay du Nord project offshore Canada
Norway’s Equinor has signed an agreement whereby Shell will acquire a 30% interest in the Bay du Nord project.
Devon to exit Eagle Ford with $4.2bn sale to Crescent
Devon Energy has struck a deal to sell its Eagle Ford assets to Crescent Energy, which is backed by KKR & Co., for around $4.2bn in cash.
INTERVIEW: Linde LienHwa fuels Taiwan’s hydrogen push, one refuelling station at a time
Linde LienHwa built its first hydrogen station in Taiwan last year, in Kaohsiung in the south of the country. As of late 2026, it is aiming to add another station in the north, perhaps near Taipei or in the centre of the country.
Taiwan defends offshore wind tenders against CIP criticism
Taiwan's Energy Administration hit back at Copenhagen Infrastructure Partners (CIP) after the Danish fund's local chief said the government had rushed its offshore wind tenders.
Spain’s Solaria to invest $5.7bn in Uruguay data centres
Solaria Energía y Medio Ambiente SA will invest $5.7bn in Uruguayan data centres and the solar parks to power them, a project President Orsi hailed as the largest investment in the country’s history.
Venezuela banks on oil and mining to finance debt restructuring
Venezuela is looking to oil and mineral revenues to finance an economic recovery and prepare for a potential restructuring of between $150bn and $200bn in external debt, according to a plan presented to the International Monetary Fund
African Energy Bank to finance gas projects from early 2027
The Africa Energy Bank will begin financing projects in early 2027 after becoming operational within weeks, Farid Ghezali, secretary-general of the African Petroleum Producers Organization, said at African Energy Week 2026 in Cape Town.
US considers more strategic financing for Argentinian oil and gas projects
The US is considering expanding financing for oil and gas, mining and infrastructure projects in Argentina beyond the $7bn framework announced by its Ex-Im Bank in September, while also exploring the use of strategic funds from the Pentagon.
Nigeria’s Dangote refinery earns $2.9bn in third quarter, outstripping entire first half
Nigeria’s Dangote refinery made a $4.73bn net profit in January–September, with the third quarter alone topping the first half, as its $1.6bn IPO was extended to October 27.
Algeria offers onshore oil and gas opportunities to investors at AEW 2026
Algeria’s state-owned National Agency for the Valorisation of Hydrocarbon Resources (ALNAFT) is seeking international investment for seven onshore oil and gas blocks under its 2026 licensing round.
Trump claims Taiwan has confirmed purchase of 30% of LNG from Alaska pipeline project
US President Donald Trump says Taiwan has committed to buy 30% of LNG from Alaska’s pipeline project.
Freedom LNG applies to export US gas from Mexico
Freedom LNG has submitted a request to US regulators seeking permission to supply US natural gas to a proposed offshore liquefaction and export installation near Matamoros, in the northeastern Mexican state of Tamaulipas.
Taiwanese industrial groups adopt oxyfuel tech as gas supplier courts hydrogen truck fleets
The pressure to adopt such measures globally is growing, particularly in Taiwan now that the country has moved into a new stage of carbon pricing, pushing manufacturers to use energy more efficiently and bring down emissions.
Ethiopia limits Dangote refinery’s $1.6bn IPO to qualified investors
Ethiopia’s capital markets regulator has limited participation in Nigeria’s $1.6bn Dangote refinery IPO to qualified investors, barring sales to the general public.
Tanzania nears agreement on $42bn LNG project after years of delays
Tanzania’s finance minister says the long-delayed $42bn Equinor and Shell-led LNG project is close to agreement, but definitive accords and FID remain pending.
Dangote refinery extends $1.6bn Nigeria IPO to October 27 amid strong demand
Dangote Petroleum Refinery extends its $1.6bn Nigerian IPO to October 27, targeting expansion to 1.4mn bpd as retail demand grows.
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