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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.
Turkey, Iraq sign five agreements across key sectors as al-Zaidi visits Ankara
Turkey and Iraq signed five agreements and memoranda of understanding (MoU) covering energy, transport, education, youth and industrial property during Iraqi Prime Minister Ali al-Zaidi's official visit to Ankara.
Slovak InoBat seeks Nasdaq listing through SPAC merger
CEO Marian Boček says Nasdaq listing would allow InoBat to expand manufacturing capacity and pursue transatlantic growth.
Saudi Arabia vows decisive response as Iraq-launched drones hit oil sites again
Saudi Arabia's cabinet has vowed a decisive response to attacks on its oil facilities and shipping by Iran-aligned groups in Iraq and Yemen. Hours later the defence ministry intercepted a second wave of drones launched from Iraq.
Iran says European warships near Hormuz are legitimate targets
Any European warship approaching the Strait of Hormuz is a legitimate target, Iran's deputy foreign minister for legal affairs has said, adding that Tehran's policy is that the waterway will never return to its pre-war condition.
Iraq faces worsening fuel shortage as diesel queues grow in Baghdad
Iraq's oil ministry is preparing to import diesel as queues lengthen at Baghdad filling stations, eight months after the prime minister ordered fuel imports halted on the grounds that the country had reached self-sufficiency.
Argent LNG granted export authorisation for Louisiana project
The US Department of Energy has granted an export permit to free-trade countries to Argent LNG for its proposed Louisiana project.
Electrifying Asia – where EVs are reshaping power demand and fuel use
The winners are likely to be countries capable of building integrated ecosystems spanning renewable generation, batteries, charging networks and EV manufacturing.
AEC, ENH strengthen partnership to support Mozambique’s energy investment drive
The African Energy Chamber and Mozambique’s national oil company ENH have agreed to strengthen cooperation in attracting investment, expanding local content and increasing private-sector participation as the country’s gas industry grows.
Iran speeds up Kharg oil terminal projects amid US threats against export island
Iran is pressing ahead with the completion of development and infrastructure projects at its Kharg Island oil terminal, a senior Oil Ministry official said, as the United States continues to threaten to seize the island.
Hungary commissions Central Europe’s largest battery storage complex
Hungary is rapidly expanding grid-scale energy storage to support its fast-growing renewable energy sector.
Greece’s Dynagas gets EU exemption to transport Russian LNG
Brussels yields to Athens but caps LNG volume transported at 2025 levels.
Europe's summer heat has broken the Bell curve, as record El Niño builds
This summer’s extreme temperatures have broken the normal “Bell curve” distribution of temperature variations and pushed it sharply to the right into record breaking highs. This is not normal – literally.
Yemen says drones hit Saudi crude lines to Yanbu, Riyadh blames Iraq
Yemen's armed forces say they hit crude transfer lines running from Saudi Arabia's Eastern Province to Yanbu with drones. Riyadh confirmed oil facilities in the Eastern Province were struck but claimed the drones were launched from Iraq.
Lebanese prime minister arrives in Iraq to advance Kirkuk-Tripoli pipeline talks
Lebanese Prime Minister Nawaf Salam arrived in Baghdad to advance energy cooperation with Iraq, with the revival of the Kirkuk-Tripoli crude oil pipeline emerging as the centrepiece of talks.
Canada’s FortisBC granted key approval for Tilbury LNG expansion
Canadian natural gas utility Fortis BC has received the go ahead from British Columbia’s provincial government to proceed the project following the exemption of the requirement for a Certificate of Public Convenience and Necessity.
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