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Sempra pushes back commissioning of Mexico’s Energia Costa Azul LNG
Sempra LNG developer Sempra is extending the commissioning of Phase 1 of the Energia Costa Azul project in Ensenada, Mexico.
Canada’s Ksi Lisims finalises 20-year LNG contract with Uniper
Cargoes from the proposed project in British Columbia could begin being delivered by as early as 2032.
Baghdad and Ankara sign one-year Ceyhan export deal
Iraq’s oil ministry has signed a one-year agreement with Turkey covering the transport and loading of Iraqi crude through the Iraq-Turkey pipeline to the Mediterranean port of Ceyhan
OPEC+ completes voluntary cut rollback with September hike
OPEC+ agreed on August 2 to raise output by around 188,000 barrels per day (bpd) from September
Oman opens EPC race for Ras Markaz expansion
Oman has invited contractors to prequalify for the next construction phase of the Ras Markaz Crude Oil Park
Iran says talks with Oman on new Strait of Hormuz shipping route nearing conclusion
Iran says talks with Oman on a new Strait of Hormuz shipping route are nearing conclusion, but stresses any deal would not by itself reopen the waterway.
Europe's worst wildfire season in years flags a global El Nino already moving commodity markets
Several European countries are having their worst wildfire year in more than a decade and worst than last year’s record wildfires that burnt over one million hectares, according to data from the EU's Global Wildfire Information System.
Iran issues Gulf-wide energy hit list if Trump carries through on threats to destroy Iran’s energy sector
US President Donald Trump threatened to destroy Iran’s energy sector in a joint operation with Israel, prompting Tehran to issue a hit list of some of the most valuable assets in the Gulf if he carried through with the threat.
Ukraine's refinery strikes settle into a routine of damage, repair and restart
Ukraine's long-range drone campaign against Russian oil refineries has become routine enough that analysts are now describing it as a predictable cycle rather than a series of shocks: strike, assess damage, repair, and restart.
Europe enters the Pyrocene age of fire that makes its own weather
"The Pyrocene is here," climate researcher Peter Dynes wrote on X on July 28, as wildfires near Bordeaux began generating huge pyrocumulus clouds intense enough to create their own weather.
UPDATE: Iran's IRGC says it struck two tankers attempting to cross Strait of Hormuz
Iran's IRGC says it struck and stopped two oil tankers attempting to cross the Strait of Hormuz under US air escort, with four others turning back. The claim could not be independently verified, and the US military has given a competing account.
Quetta coal mine blast in Pakistan kills 26 miners
A methane gas explosion at a coal mine on the outskirts of Quetta in Pakistan's Balochistan province killed at least 26 miners on July 30, while rescue teams continued efforts to locate workers still trapped underground.
Hungary to deploy emergency measures to avoid energy crisis as Paks NPP could be shut down within days
The shutdown of Paks nuclear power plant due to record-low Danube water levels would remove electricity output equal to 40% of consumption.
Shell, Phillips 66 reportedly weighing sale of Explorer pipeline stakes
Shell and Phillips 66 are reportedly exploring a potential a sale of their stakes in the company that owns the Explorer pipeline.
Devon reportedly considering Eagle Ford, Powder River asset sale
Devon Energy is reportedly exploring a sale of its assets in the Eagle Ford shale in Texas and the Powder River Basin in Wyoming.
Nigeria loses 62,400 GWh of potential power to gas flaring in 2024-25
Nigeria lost an estimated 62,400 GWh of potential electricity generation to gas flaring in 2024 and 2025, an increase of 18.6% from 50,800 GWh in the preceding two-year period, despite Federal Government penalties and measures to curb the practice
Hungary shuts down one reactor at Paks NPP in an unprecedented move as Danube hits record-low levels
Extreme low level of Danube forced Hungary to take a 500 MW reactor at the Paks nuclear plant offline for the first time, reducing capacity by 40%.
Record low Danube waters force Romania to shut both Cernavoda nuclear reactors
Nuclearelectrica said the controlled shutdown was required because of the "very low, unprecedented water level of the Danube", used for cooling.
Turkish Petroleum comes full circle in Kirkuk
Nearly 100 years after Turkish Petroleum’s original concession in Mesopotamia lapsed into other hands, Ankara has bought its way back into the Kirkuk complex
North Macedonia’s gasification push enters new phase as Greece interconnector nears completion
Long-awaited gas interconnector with Greece will open the way for a more diversified energy system and the gradual expansion of the domestic gas distribution network.
Wildfires ravage Southern Europe – Statista
Southern Europe’s wildfire season used to typically run from July to September, but now data shows that it is getting longer and more intense.
US sanctions Iran's HormuzSafe marine insurer, shadow fleet tankers
The US has sanctioned Iran's state-backed marine insurer HormuzSafe, a second Iranian insurer and a network of shadow fleet tankers and shipping firms under Executive Order 13902, OFAC said on July 29, in a fresh move against Tehran's oil exports.
Sanctions on Russia backfire, leaving Spain's firefighting helicopters grounded as wildfires rage
EU sanctions on Russia have backfired, leaving Spain's best Russian-built Kamov Ka-32 firefighting helicopters grounded as severe wildfires burn across southern Europe, reported Berliner Zeitung.
Venezuela’s oil billions expose the price of US control
The Trump administration’s refusal to provide a clear account of more than $13bn in Venezuelan oil revenue is becoming increasingly difficult to defend.
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