Free Top Stories
COMMENT: What will Trump’s Russian 100% secondary sanctions do to the oil markets?
US President Donald Trump announced on July 14 that the US could impose 100% secondary sanctions on any country that does business with Russia if no ceasefire deal in Ukraine is reached within 50 days.
POSCO signs Aramco deal for Fadhili plant expansion
South Korea’s POSCO has secured a contract to supply steel to Saudi Aramco for the expansion of the Fadhili gas plant
SOCAR to supply Syria with gas
SOCAR has signed a memorandum of understanding to supply natural gas to Syria
Puerto Rico idles power plants as dispute leads New Fortress to withhold LNG cargo
US firm New Fortress Energy has decided to withhold an LNG cargo shipment to Puerto Rico amid a payment dispute causing the island to idle ten of its generators.
US and Panama launch joint military exercises amid canal security concerns
US helicopters have arrived in Panama to begin collaborative training exercises with local security forces, as tensions mount over the strategic waterway's future amid competing US and Chinese interests.
Serbia weighs nuclear options
Serbia is exploring the development of nuclear energy with two potential pathways – conventional nuclear power plants and small modular reactors.
Iran responds to Azerbaijan energy projects with Caspian Sea drilling
Iran has launched exploratory drilling operations in the Caspian Sea after years of neglecting the region due to sanctions constraints and cheaper extraction costs from southern oil fields.
Iran's Khorasan forests burn for third time as climate crisis intensifies
Wildfires have ravaged North Khorasan province's forests for the third time in recent months, burning 25 hectares of natural areas in Haver region as climate change makes such extreme events increasingly common across Iran.
South Africa's energy minister presents revised plan to achieve 2030 universal electricity access
South Africa’s Electricity and Energy Minister Kgosientsho Ramokgopa has presented a revised plan to achieve energy access for all South Africans by 2030.
Iraq plans ten new dams as "El Niño" worsens water crisis
Iraq's water resources Minister Awn Dhiab Abdullah said that “El Niño's negative impact” on Iraq is increasing, with 12 provinces now relying exclusively on groundwater.
US energy major Chevron discusses possible entry into Libyan oil market
The Acting Minister of Oil and Gas in Libya’s Government of National Unity (GNU) discussed potential cooperation and investment opportunities with a high-level delegation from the US energy company Chevron.
UK energy major Shell is granted permission to drill offshore South Africa
UK energy supermajor Shell has been granted an environmental authorisation to carry out drilling activities offshore South Africa.
Hungary, Slovakia close to deal on Gabčíkovo-Nagymaros HPP, Hungarian energy minister confirms
Neighbouring countries agree to settle decades-long dispute over joint dam project.
Slovak PM Fico expects deal with EU over sanctions against Russia on July 15, and threatens to continue blocking sanctions if none made.
Slovak populist Prime Minister Robert Fico expects an agreement between the European Union and Slovakia could be reached on Tuesday, July 15, over Slovakia lifting its veto of the EU’s 18th round of sanctions against Russia.
EC proposes floating Russian oil cap rate at 15% below global price
The European Commission has proposed a floating price cap on Russian crude oil set at 15% below the average global market price over the previous three months, European Union diplomats said on July 11.
Saudi Arabia signs $8.3bn renewable energy deals with ACWA Power consortium
Saudi Arabia signed power purchase agreements worth $8.3bn for seven renewable energy projects with a total capacity of 15 GW on July 13.
Slovakia seeks EU guarantees on Russian gas phase-out ahead of sanctions deal
Slovakia is pushing for firm guarantees from the European Commission and key EU member states over the future of its energy security, as it links this condition to its support for a fresh round of sanctions on Russian gas imports.
Melting icecaps will cause more and bigger volcanic eruptions, study shows
As the weight of melting ice is lifted off volcanos, eruptions will become more common and more violent, according to a new study of volcanos in Chile’s Patagonia region.
Vietnam’s Nhon Trach LNG-fired power plants to begin commercial operations this year
Vietnam will bring online two LNG-fired power plants before the end of the year.
Canadian regulator gives approval for LNG port on Hudson Bay
The Canada Energy Regulator has granted authorization for the NeeStaNan organization to develop a port for LNG exports on Hudson Bay.
Global warming may create a "permanent El Nino", changing the world's weather patterns
Scientists are warning that global warming is disrupting the natural rhythm of the El Niño–Southern Oscillation (ENSO), potentially creating the conditions for a “permanent El Niño”-like climate state, with significant weather consequences.
French engineering firm Technip Energies secures large FLNG contract in Africa
French-based global engineering and technology company Technip Energies has secured a large contract for a Floating Liquefied Natural Gas (FLNG) unit in Africa.
Climate change devastates global cocoa supplies as prices remain high
Cocoa prices have surged to unprecedented levels as climate change wreaks havoc on West African crops.
Iran leads world oil production growth with 13% increase
Iran topped global crude oil production growth in 2024, increasing daily output by 374,000 barrels to achieve a 13% rise.
Syria battles major wildfires as UN allocates $625,000 for emergency response
Syrian firefighting crews extinguished two major forest fires in Hama countryside whilst continuing to battle devastating wildfires in Latakia province for the ninth consecutive day.
Follow us online