Free Top Stories
Morocco-Nigeria gas pipeline advances in Washington talks
The Moroccan National Office of Hydrocarbons and Mines (ONHYM) held a series of high-level meetings in Washington to discuss progress on the $25bn Atlantic African Gas Pipeline (AAGP)
Global biofuel production up sevenfold in the last two decades - OWID
In the late 20th century, a handful of countries — led by Brazil and the United States — turned to liquid biofuels to reduce their dependence on foreign oil markets, producing transport fuels from cheap crops instead.
Italy’s Edison expects two-thirds of LNG supply from Qatar to be delivered shortly after any peace deal
QatarEnergy’s largest Italian customer Edison forecasts that it will receive about two-thirds of its contract LNG volumes between 30 to 45 days after any peace deal between the US, Israel, and Iran.
India's Gujarat state commissions 870-MW battery storage capacity across five locations
India’s western state of Gujarat has rolled out battery energy storage systems with a combined capacity of 870 MW at five sites as part of its push to strengthen renewable energy integration and grid reliability.
Iraq’s Qurnain find suggests new upstream potential, but export constraints bite
Iraq has reported a large oil discovery near its southern border with Saudi Arabia, adding a fresh note of promise to a sector still constrained by weak export capacity
Solar-plus-storage fall below those of fossil fuels - IRENA
wRenewable power paired with battery storage is becoming cost-competitive with fossil fuels for around-the-clock electricity supply, according to a new report from the International Renewable Energy Agency (IRENA).
Turkey seeks to renew LNG deal with Algeria ahead of 2027 deadline
Turkey is seeking to renew its long-standing liquefied natural gas agreement with Algeria before the current contract expires in September 2027
Cameroon secures $206mn for Kribi refinery as fuel import reduction drive accelerates
Cameroon has secured $206mn in bank financing for the CSTAR refinery project in Kribi, advancing plans to reduce dependence on imported fuel products while rebuilding domestic refining capacity after the prolonged shutdown of the SONARA refinery.
Egypt signs framework deal with BP, Harbour Energy to develop Mediterranean gas fields
Egypt’s energy authorities have signed a framework agreement with British energy major BP and its partner Harbour Energy to establish the executive framework for developing oil and gas reserves in the North King Mariout area and the Arish field
Scout offloads producing Anadarko Basin assets worth over $1bn
Scout Energy Partners announced on May 1 that it had sold off over $1bn in producing oil and gas assets located in the Western Anadarko Basin.
Beijing becomes the chessboard as Iran pre-empts Trump-Xi summit
Araghchi's pre-emptive trip to Beijing, 14 days before Trump meets Xi, has put Iran's interests on the table before Washington can carve them off.
Western Midstream to bulk up in Permian’s Delaware sub-basin with Brazos acquisition
Western Midstream Partners announced this week that it had agreed to acquire privately held Brazos Midstream’s assets in the Permian Basin’s Delaware sub-basin.
Russia’s oil revenues rebound on Middle East conflict price hike, but gains are modest
Russia’s oil and gas revenues rebounded sharply in April as surging crude prices linked to conflict in the Middle East boosted export earnings, offering the Kremlin temporary relief after months of mounting fiscal pressure.
Super El Niño threat could add to Iran war inflation shock
A growing risk of a “Super El Niño” later this year is fuelling concerns among economists and commodity traders that it will only add to the inflation shock already on the way as a result of spiking energy prices due to the Iran war.
Energy firms to pump $19bn investments into Egypt’s oil sector over coming 3 years, says PM
PM Madbouly said Eni (BIT:ENI) has allocated investments worth $8bn, while BP (LSE:BP) plans to invest $5bn. UAE-based Arcius is expected to contribute $2bn, alongside $4bn from US energy group Apache (NYSE:APA).
Colombia's Petro pitches Caribbean coast as bitcoin mining hub on clean energy surplus
Colombian President Gustavo Petro has proposed turning the country's Caribbean coast into a bitcoin mining centre powered by surplus clean energy, framing the initiative as a potential driver of regional economic development.
Europe’s power bottleneck shifts from supply to electricity grids
Europe’s energy challenge is increasingly centred on its ageing and fragmented electricity grids rather than a shortage of power generation, as rapid renewable energy expansion exposes weaknesses in transmission infrastructure and storage.
Iran has not yet replied to latest US proposal, contradicting Trump
An Iranian source has said that Tehran has not yet responded to the latest US proposal to end the war, contradicting US reports that the White House believes a one-page 14-point memorandum is close.
Mozambique resumes LNG projects as industry pushes for inclusive growth
Industry leaders emphasise that long-term success of Mozambique LNG sector development depends on inclusive growth, local participation and stronger community engagement.
Egypt and Algeria sign crude supply deal, expand energy cooperation
Egypt and Algeria have signed a memorandum of understanding (MoU) to facilitate the purchase of Algerian crude oil, while also exploring broader cooperation in the oil and gas sectors
Qatari Green Sky Capital finances major sustainable aviation fuel facility in Egypt
Qatari-based firm Green Sky Capital has signed a major financing agreement for a pioneering sustainable aviation fuel (SAF) production facility in Ain Sokhna
Low-carbon sources met all of 2025’s electricity demand growth - OWID
Solar and wind energy have grown quickly in recent years, but global electricity demand has grown faster. So while their share of electricity generation kept rising, it wasn't enough to push fossil fuels into absolute decline.
Renalfa launches battery storage project at Oslomej solar plant in North Macedonia
The Oslomej solar project is part of a broader effort to transform former coal-based energy sites into renewable energy hubs.
Eneos Xplora acquires 10% stake in Malaysia’s Petronas MLNG Tiga project
Japan’s Eneos Xplora has purchased a 10% stake in Petronas’ Malaysia LNG Tiga project.
Follow us online