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Europe remains Russia's number one biggest importer of gas, top five importer of oil in August
US President Donald Trump complained that the EU is still importing too much Russian oil and that the White House will not put sanctions on Russia unless the EU cuts back on this business.
Mexico launches $5.9bn euro bond and dollar offerings to support Pemex restructuring
Mexico accessed international debt markets twice this week, issuing €5bn ($5.88bn) in euro-denominated bonds and launching US dollar-denominated notes to fund state oil company Pemex's debt reduction programme.
Saudi Arabia launches floating storage unit for marine fuel at Jeddah Islamic Port
Saudi Arabia has invested significantly in its maritime sector with the launch of a new floating storage unit for marine fuel at Jeddah Islamic Port.
Renewables sector warns Croatia risks losing billions in investments
Industry associations say that without rapid intervention, Croatia risks increasing fossil fuel imports, losing market confidence and undermining climate and energy objectives.
Russia to double its nuclear power plant fleet with 38 new reactors
Russia has announced an ambitious programme to double its nuclear power plant fleet with 38 new reactors, according to the state-owned nuclear power agency Rosatom.
Kenya, South Korea sign MoU on nuclear research reactor project at IAEA conference in Vienna
Kenya and South Korea have agreed to deepen cooperation on nuclear R&D, signing a MoU focused on the Kenya Nuclear Research Reactor (KNRR) project this week at the 69th IAEA General Conference in Vienna.
South Africa grants long-term lease extensions to oil majors, energy traders at Durban’s strategic fuel hub
South Africa has granted long-term lease extensions to international oil majors and trading houses, including BP and Vitol, at the Island View Precinct, the country’s most important fuel import and storage hub in Durban.
South Africa’s Constitutional Court to rule on Shell’s Wild Coast oil exploration rights
Lawyers representing South African coastal communities and environmental groups are challenging a Supreme Court of Appeal order allowing energy supermajor Shell to apply for a renewal of oil exploration rights.
Vietnam and Singapore strike deal on carbon markets
The deal, concluded virtually on September 16 falls under Article 6 of the Paris Agreement, which allows countries to cooperate on reducing greenhouse gas emissions through cross-border carbon credit schemes.
India reveals plans for indigenous solar production by 2028
India has set its sights on building a fully indigenous solar value chain, with the goal of achieving domestic solar cell manufacturing by 2028.
Fuel prices in Kyrgyzstan rocket as Ukraine steps up drone strikes on Russian refineries
Central Asian country relies on Russia for nine-tenths of its fuel.
Nigerian president advances oil bill placing NNPCL under control of Finance Ministry, upstream regulator
President Bola Tinubu has endorsed a bill that would undermine the "independence" of NNPCL, shifting ownership to the Finance Ministry and handing new powers to upstream regulator NUPRC.
Busan leads South Korea’s green developments and GHG cuts from the front
Busan, South Korea’s second largest city with around 3.5mn residents, hosted the World Climate Industry Expo and Korea Energy Show 2025.
Iraq continues export focus with strategic oil link to Oman
Iraq is exploring a highly ambitious plan to construct a crude oil pipeline to Oman
Ukraine hits multiple Russian oil refineries, Trump calls for more EU oil sanctions
Ukraine is expanding its campaign of trying to cut the Kremlin off from its oil export income with a campaign of targeting Russia’s oil refining and pipeline assets, using its new long-range drones and missiles.
Egypt signs oil and gas exploration deals with Dragon Oil, Perenco and Apache worth over $121mn
Egypt said the three deals cover Offshore North Sinai, East El-Hamd (Gulf of Suez), and an integrated Western Desert area, committing more than $121m to exploration work and signing bonuses.
Malawi’s ESCOM launches major projects with aim to boost electricity access to 30% by 2030
ESCOM says the government’s priority is to deliver flagship projects such as the Mozambique–Malawi 400kV Interconnection Project (MOMA) on schedule, to build a reliable and "resilient grid that supports national development".
Moldova unveils €43bn energy strategy to 2050 focused on renewables and storage
Ambitious strategy aims to strengthen energy security, reduce greenhouse gas emissions and align Moldova with European sustainability standards.
Monkey Island LNG inks deal with McDermott and offtake MoU
Louisiana-based Monkey Island LNG has signed a deal with McDermott to provide front-end engineering and planning services.
Australia grants Woodside final approval for extension of North West Shelf
Australian oil and gas company Woodside Energy received final environmental approval for the extension of its North West Shelf project.
Drones strike Russia’s largest oil port of Primorsk
More than 30 Ukrainian drones targeted Russia’s biggest oil terminal of Primorsk overnight on September 11–12, The Moscow Times reported on September 12.
Leo Lithium to return $171mn from sale of 40% stake in Mali’s Goulamina project to China’s Ganfeng
US accelerates oil and gas development as it rolls back the Climate Crisis fight
The Trump administration is intensifying its support for fossil fuels and nuclear power while rolling back incentives for renewable energy, in a policy shift that marks a sharp departure from policies under President Joe Biden.
GoviEx, Niger extend arbitration pause on Madaouela uranium project valued at $376mn
Madaouela is among the world’s largest uranium resources, with measured and indicated resources of 100mn pounds of U₃O₈ and a post-tax net present value of $376mn at a uranium price of $80 per pound.
Moldova’s dramatic energy sector transformation
Chisinau ended decades of dependence on Russia in just four years — but will the upcoming general election derail the remaining reforms?
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