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Two tankers explode near Strait of Hormuz, Iranian Guards say
Iran’s Revolutionary Guards said two oil tankers had detonated south of the Strait of Hormuz after trying to sail through Omani waters, incidents indicating that the waterway would remain insecure while US strikes on Iran continued.
Hungary to offer larger-than-planned wind capacity after strong investor interest
Hungary’s government has launched a major wind power expansion programme aimed at increasing installed wind capacity more than tenfold by 2030.
Cheniere’s Corpus Christi plant gets approval to introduce fuel gas to Train 7
The US’s largest LNG exporter Cheniere Energy has been given the green light by federal regulators to add hot oil and fuel gas into Train 7 at its Corpus Christi facility.
Canada’s Cedar LNG gets approval to increase future production capacity
Cedar LNG has received approval from British Columbia’s environmental regulator to raise its future production capacity.
Argentina's Vaca Muerta crude expands into Asian markets as US demand declines
Crude oil produced at Argentina's Vaca Muerta shale formation is reaching new markets in China and Southeast Asia as exports diversify away from the United States.
Glut of LNG supply pushed back to 2028
Damage to Qatar’s Ras Laffan Industrial Complex and the blocking of the Strait of Hormuz by Iran has delayed the oversupply of LNG to the market.
Turkey’s BOTAS increases LNG storage capacity at Marmaraereglisi Terminal
Turkey’s state-run energy firm BOTAS has begun construction of a fourth storage tank at the company’s Marmaraereglisi Terminal in the country’s northwest.
Iran hits targets in three Gulf countries and Jordan as seventh night amid American strikes
Iran struck US military targets in four countries, hitting a fuel pier in Kuwait and an air base in Bahrain, as a seventh night of American strikes on Iran's Gulf coast cut water supplies and destroyed bridges.
Kazakhstan, China sign $15bn worth of deals as Tokayev visits Shanghai
Agreements range across AI, digital infrastructure, corridor freight, manufacturing, energy and critical minerals.
EIB approves €800mn loan for refurbishment of Romania's Cernavodă nuclear unit
EU's development bank gives a major financing boost for one of Romania's largest strategic energy projects, with an estimated cost of approximately €1.9bn.
Indonesia breaks ground on $21bn Abadi Masela LNG megaproject
Unlocking one of the largest offshore gas reserves in the Asia-Pacific region, Indonesia has launched an upstream megaproject of the Abadi Masela LNG Block National Strategic Project.
Iran’s NIDC logs 1,900 drilling operations in nearly 4 months
The Iranian state driller carried out 1,900 drilling operations during the first 110 days of the current Persian calendar year which began on March 21.
Iraq hands Muthanna seismic work to two Chinese contractors
Iraq’s Oil Exploration Co. (OEC) has awarded back-to-back seismic survey contracts to two Chinese state-linked firms
Russia-Argentina nuclear cooperation grinds to halt as Milei pivots to US
Russia and Argentina have effectively halted cooperation on civil nuclear energy projects, Russia's ambassador to Buenos Aires said, as President Javier Milei's government deepens its alignment with the United States and moves away from Moscow.
Glenfarne announces $500mn investment to support Texas LNG
Glenfarne Group has secured a $500mn investment, with the lead investors involved being investment funds and accounts managed by HPS Investment Partners, to support the continued development of its Texas LNG project.
Mitsubishi closes acquisition of Aethon’s Haynesville shale assets
Japan’s Mitsubishi has closed its acquisition of Aethon Energy Management’s assets in the US’ Haynesville shale gas play.
Shell awards $518mn contracts to 123 Nigerian firms in 2025
Shell (LSE: SHEL, NYSE: SHEL) awarded contracts worth $518mn to 123 indigenous companies in Nigeria in 2025, as the company expanded local participation across its oil and gas operations and supply chain
US attacks tanker bound for Iran’s Kharg Island as blockade takes force
The US military said on July 16 that it had attacked a commercial tanker heading toward Iran’s Kharg Island in the Persian Gulf, in the first publicly announced strike since the United States reinstated a naval blockade targeting Iranian ports.
Hormuz stays closed until US accepts Iranian rule of the strait, Iran's army says
Iran's army says the Strait of Hormuz will remain closed until Washington accepts Iranian legal authority over the waterway, confirming strikes on shipping and warning Gulf neighbours that hosting US forces will not go unanswered.
China's 'impossible' gas price risks killing off Power of Siberia-2
China has effectively priced Russia's flagship Power of Siberia-2 gas pipeline out of existence, demanding a price for gas that analysts say would make the project uneconomic.
Azerbaijan's H1 oil and gas exports fall in value despite volume gains
Azerbaijan exported oil, gas and related products worth a combined $10.8bn in the first half of 2026, according to State Customs Committee data.
Cambodia clears over $1bn in renewable energy investments
Cambodia approved more than $1bn worth of renewable energy projects in the first half of 2026, strengthening its clean energy capacity and supporting broader investment growth.
Angola’s oil reforms offer lessons for Algeria’s upstream investment drive
Algeria could strengthen its oil and gas sector by adopting some of the regulatory reforms that helped revive Angola's upstream industry.
Iran warns of wider disruption to oil, gas export routes after US reinstates naval blockade
Iran’s Islamic Revolutionary Guard Corps (IRGC) warned on July 15 that oil and gas export routes “serving the United States and its allies” could face disruption after the American military reimposed its naval blockade against the country.
LNG Canada reaches equity deal with 5 First Nations
Shell-operated LNG Canada and its joint venture partners have agreed to an equity option agreement with MNT Investments, a limited partnership consisting of the economic development organizations of five neighbouring First Nations.
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