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Egyptian Enppi and Petrojet plan to form engineering venture with French Technip Energies
Egyptian state-owned engineering and oil services firms Enppi and Petrojet plan to establish a new joint venture with France’s energy firm Technip Energies to compete for large-scale projects
As India’s union budget approaches, global and domestic pressures weigh heavily
Higher budgetary support for exploration and strategic reserves could offset some of the risks linked to volatile global oil prices and shifting trade alignments
India–EU trade pact anchors climate action at the core of economic cooperation
The India–EU free trade agreement represents a decisive step towards embedding climate policy directly into the architecture of global commerce, marking a shift away from trade deals that treat environmental concerns as side issues.
Venezuela oil law revamp falls short of capital needed for sector overhaul
Venezuela’s proposed overhaul of its hydrocarbons law is designed to ease the expansion of companies already operating in the country and draw in fresh investors
Libya sees Turkey as key partner in energy push, targets 2mn bpd output
Libyan oil minister Khalifa Abdulsadek said Turkey could play a pivotal role in developing the oil and gas industry in his country with its technical expertise and offshore fleet.
Kosovo’s electricity crisis exposes years of neglect and policy missteps
Kosovo has once again found itself grappling with one of its most persistent and damaging problems: an unreliable electricity supply, the Kosovo Chamber of Commerce and Industry tells bne IntelliNews.
Tunisia’s natural gas output falls 12.2% y/y in January-October 2025
Tunisia’s natural gas production declined sharply during the first ten months of 2025, intensifying the country’s dependence on imports to meet rising domestic demand
White House weighs technocratic council as Venezuela fallback plan
The White House is quietly developing contingency plans for Venezuela that prioritise preventing state collapse over democratic outcomes, exploring the possible installation of a technocratic emergency council should the Rodriguez government falter.
China brings world’s first fourth-generation pebble tech nuclear reactor online
China has begun commercial operations of the world’s first fourth-generation nuclear reactor, marking a major milestone in nuclear safety and low-carbon energy innovation with its High-Temperature Gas-cooled Reactor-Pebble-bed Module (HTR-PM).
Egypt signs power infrastructure contract with Kuwaiti Kharafi for high-speed rail project
Hungary to challenge EU ban on Russian gas imports at European Court
Hungarian government claims the EU used a "legal trick" to pass the regulation for phasing out Russian gas purchases
Bangladesh’s power gamble and how energy security is in play at the ballot box
Over the past decade, Bangladesh’s energy mix has shifted sharply as domestic gas fields have declined and electricity demand has surged. Imported LNG stepped in to fill the gap.
India’s LNG buyers stall long-term deals as they press for lower prices
India’s liquefied natural gas buyers are delaying the finalisation of multi-decade supply agreements as they seek cheaper pricing and more flexible terms, betting that a looming surge in global supply will strengthen their negotiating position
Algeria and Niger discuss progress of $13bn Trans-Saharan Gas Pipeline
Algeria and Niger have held high-level talks to revive previously agreed cooperation in the hydrocarbons sector, including the strategic $13bn Trans-Saharan Gas Pipeline (TSGP) project
Baltic Sea could host 13 GW of new power links by 2040
The Baltic Sea could emerge as one of Europe’s most important clean energy corridors, with new research pointing to major untapped potential in cross-border power links and offshore wind generation.
COMMENT: How Azerbaijan is quietly reshaping Europe’s gas market
The start of Azerbaijani natural gas deliveries to Austria and Germany in January 2026 should not be viewed as a routine expansion of export geography. It reflects a far deeper transformation unfolding within Europe’s energy system.
US-Iran tensions threaten China's billions in Iranian infrastructure investments
US-Iran tensions threaten China's billions in Iranian infrastructure as potential regime change could disrupt Beijing's Belt and Road Initiative and energy security strategy.
Egypt exports new LNG cargo to Turkey under Shell contract
Egypt has exported a new shipment of liquefied natural gas (LNG) for global energy major Shell (NYSE: SHEL), loaded from the Idku LNG complex on the Mediterranean coast
Yemen Houthi threaten to resume Red Sea shipping attacks as US-Iran tensions escalate
Yemen's Houthi forces warn of resumed Red Sea shipping attacks through video message as US-Iran tensions escalate, threatening vital maritime trade route after period of relative calm.
Libya signs $20bn oil deal with TotalEnergies and ConocoPhillips to boost output
Libya has signed a 25-year agreement to develop its oil sector with French energy major TotalEnergies (EPA: TTE) and the US firm ConocoPhillips (NYSE: COP), securing foreign investment exceeding $20bn.
The big freeze
A big freeze is sweeping the globe that has seen extreme snowfall from the US to Japan, burying entire cities under metres of snow in a matter of a few hours. And it’s not going to stop.
Egypt’s government in talks with investment banks to fund fuel projects
The Egyptian government plans to present investment opportunities in the oil, gas and mining sectors to a group of investment banks, including projects aimed at achieving self-sufficiency in diesel and gasoline.
TAQA Morocco, JBIC sign MoU to finance energy and infrastructure projects through 2030
IEA: Europe to import record supplies of LNG
The International Energy Agency projects that Europe will import a record level of LNG in 2026, the organization announced in its quarterly Gas Market Report.
McDermott wins Nasr expansion job from ADNOC
McDermott has secured a major contract from Abu Dhabi National Oil Co. (ADNOC) to expand the offshore Nasr oilfield.
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