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Siberian permafrost melt acceleration could release two times more CO₂ into the atmosphere than all of humanity since the dawn of history
Forget the damage US President Donald Trump’s “reciprocal tariffs” will do to the international trade system or slowing global growth. The real threat to global economic activity is his decision to withdraw from the Paris Agreement.
US cancels Shell, BP licences for Venezuela and Trinidad offshore projects
In a significant setback for Trinidad and Tobago's energy ambitions, Prime Minister Stuart Young announced that the United States had revoked crucial OFAC licenses that enabled major cross-border natural gas developments with Venezuela.
Mozambique’s government approves Eni’s plan for $7.2bn Coral Norte FLNG project
The government of Mozambique has approved the development plan for Eni’s $7.2bn floating liquefied natural gas (FLNG) project.
Afreximbank allocates $3bn to bolster Africa’s refining capacity
The African Export–Import Bank (Afreximbank) has set aside $3bn to support the purchase of refined petroleum products across Africa.
The Arctic is the world’s region that has warmed the most, followed by Europe – OWID
The world is heating up. By the 2010s, the global average temperature of the air above the surface was about 1°C higher than in the 1940s. But some regions are warming much faster.
Brookfield to buy Colonial Pipeline for $9bn
Brookfield Infrastructure Partners has struck a deal, alongside its institutional partners, to acquire 100% of the midstream asset portfolio Colonial Enterprises, including Colonial Pipeline, for $9bn.
Matador exits Eagle Ford to focus on Delaware Basin amid “turbulent times”
Matador Resources has sold its remaining two acreage positions in the Eagle Ford shale.
Gazprom abandons Bolivia's Azero project after 16 years of unfulfilled promises
Gazprom, Russia's state-owned gas giant, has withdrawn from the Azero gas exploration project in Bolivia, ending a 16-year energy venture once heralded as a cornerstone of Moscow's expanding influence in Latin America.
Deutsche ReGas launches bidding round for expansion of Mukran FSRU capacity
Deutsche ReGas has opened a three-month bidding round for the expansion of the Mukran floating storage and regasification unit’s capacity.
INTERVIEW: US LNG enters pivotal stage
Charlie Riedl, executive director of the US LNG Center, speaks with us about the outlook for America's LNG sector as Donald Trump begins reshaping the US oil and gas industry and global trade.
Nigerian crude-for-naira deal unsustainable, oil and gas expert says
Nigerian oil and gas expert Ademola Adigun has called for an end to the crude-for-naira agreement between the country’s government and 650,000 barrels per day (bpd) Dangote refinery.
Woodside sells 40% stake in Louisiana LNG to investor Stonepeak for $5.7bn
Australia’s Woodside Energy has reached agreement to sell a 40% interest in its Louisiana LNG facility to infrastructure investor Stonepeak for $5.7bn.
APPO advocates "Africa first" principle when exploiting continent’s vast oil and gas reserves
Africa’s current estimates of 120 million barrels of oil and 632 trillion cubic feet (17.89 trillion cubic metres) of gas reserves are “grossly conservative”, according to African Petroleum Producers’ Organisation secretary-general.
EDF Renewables commissions first main transmission substation built by IPP in South Africa
French independent power producer (IPP) EDF Renewables, a subsidiary of state-owned utility Électricité de France (EDF) Group, has commissioned South Africa’s first self-build main transmission substation (MTS).
US interim envoy flags energy diversification as key priority for Orban government in first public address
In his first public appearance in Budapest, US chargé d'affaires Robert Palladino stated that American diplomacy under a Trump administration would steer clear of "activism".
Trump moves to revive coal industry amid criticism, market shifts
President Donald Trump has signed four new executive orders seeking to revive the flagging American coal industry by easing environmental regulations and streamlining approvals for new mining operations.
India overtakes Germany in wind and solar power generation in 2024
India surpassed Germany in 2024 to become the world’s third-largest generator of electricity from wind and solar as output in the country nearly doubled over the five years to 2024, rising from 110 TWh to 215 TWh.
Nigerian President Bola Tinubu removes Mele Kyari as head of NNPCL
Nigerian President Bola Tinubu has replaced the Nigerian National Petroleum Co. Ltd’s (NNPCL) CEO Mele Kyari and various other board members following concerns about the company’s performance and failure to meet vital production targets.
Global clean electricity hits new high as solar power surges
The share of electricity generated from low-carbon sources worldwide surpassed 40% for the first time, according to a new report released by Ember, the London-based independent energy think-tank.
Italy's Snam eyes greater stake in Germany's top gas TSO
Italian gas infrastructure company Snam is contemplating expanding its ownership further in Open Grid Europe, Germany's largest independent gas transmission operator.
Europe starts ramping up gas storage volumes
Europe is now putting natural gas in storage following the end of the winter heating season, ahead of stringent EU refill targets over the summer that member states are pushing to make more flexible to avoid high costs.
UKRAINE REMONT: INTERVIEW – "Ukraine will boom once reconstruction starts" – EBRD Ukraine head
In an exclusive interview with bne IntelliNews, EBRD’s Ukraine head Arvid Tuerkner discusses the bank’s activities in Ukraine, and why he has great hopes for the country’s postwar recovery.
South Africa’s government approves renewable energy master plan
The South African Cabinet of Ministers has formally approved the country’s Renewable Energy Master Plan (SAREM) for implementation.
COMMENT: Trump’s secondary sanctions on Russian oil are a lose-lose proposition – Carnegie
“Just as certain classes of medication are sometimes in vogue and prescribed to help with all kinds of ailments, it seems that US President Donald Trump and his team have stumbled upon a magical remedy for all the world’s problems: tariffs.”
US tariffs threaten battery supply chain as Asia bears brunt of Trump’s trade escalation
Battery technology could be one of the major casualties of US President Donald Trump’s sweeping new “Liberation Day” tariff package. The measures, which impose across-the-board import taxes, disproportionately target Southeast and East Asia.
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