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Germany’s Uniper signs 10-year LNG supply deal with India
Germany’s state-owned energy firm Uniper has inked a 10-year LNG supply deal with Gujarat State Petroleum Corporation.
Japan’s Inpex receives environmental approval for Abadi LNG project in Indonesia
Japan’s largest oil and gas exploration and production company Inpex has been given environmental approval from the Indonesian government for its Abadi LNG project.
Croatia unveils €1.68bn climate social plan targeting vulnerable households
Funding aimed at vulnerable households, energy-poor citizens and small businesses facing higher costs from the green transition.
UAE Mubadala Energy acquires 15% stake in Egypt’s Nargis offshore concession
UAE’s Mubadala Energy has completed the acquisition of a 15% stake from Italian energy major Eni (BIT: ENI) in the Nargis offshore concession, an exploration area located off Egypt’s Mediterranean coast
EU calls emergency meeting after Hungary and Slovakia halt diesel supplies to Ukraine amid Druzhba pipeline dispute
Both countries, heavily reliant on Russian crude transported through the Druzhba pipeline, accused Kyiv of deliberately delaying repairs for political reasons.
Adani Power Limited enters nuclear segment as India opens sector
India’s leading power company, Adani Power Limited, has incorporated a wholly owned subsidiary, Adani Atomic Energy Limited, marking its formal entry into the country’s nuclear power generation industry
Algeria accelerates $1bn desalination drive to support agriculture
Uzbekistan signs several big business deals during Mirziyoyev's Board of Peace trip to US
Gulf Oil says it will invest $150mn in creating network of at least 100 gasoline stations in Central Asian country.
Egyptian property developer Hassan Allam wins EPC contract for 200MW Benban solar project
Egyptian real estate developer Hassan Allam Holding announced that its subsidiary, Hassan Allam Construction, has secured the engineering, procurement, and construction (EPC) contract for the Benban solar power plant
Nigerian President Bola Tinubu signs executive order aimed at curbing wasteful spending in the oil and gas sector
Nigerian President Bola Tinubu has signed an executive order aimed at preventing wasteful spending in the oil and gas sector, removing overlapping structures and making sure resources are allocated for the benefit of Nigerians.
Brazos Midstream to expand Midland Basin gas-gathering system
Brazos Midstream has announced that it was “significantly” expanding its natural gas gathering and processing system in the Permian’s Midland sub-basin.
Ovintiv to sell Anadarko Basin assets for $3.0bn
Denver-based Ovintiv has agreed to sell its Anadarko Basin assets in Oklahoma to an unnamed buyer for $3.0bn in cash.
Slovakia declares oil emergency and cuts fuel supplies to Ukraine
The Slovak cabinet of populist Prime Minister Robert Fico has declared an oil emergency and the country’s key refinery, Hungarian MOL-owned Slovnaft cut fuel exports to Ukraine to keep its products only for the domestic market.
Hungary cuts fuel supply to Ukraine, accuses Kyiv of political blackmail by delaying resumption of crude deliveries
Hungary has accused Ukraine of trying to create an oil crisis by deliberately delaying the restart of Druzhba pipeline deliveries, a move Budapest claims is direct interference in Hungary's upcoming general election.
Renewables to contribute 26% of India’s power generation by end-FY2026
Renewable energy is expected to account for 26% of India’s total electricity generation by the end of FY2026, even as demand conditions remain relatively subdued
ADB backs Thai solar and storage scheme with $350mn in financing
The two hybrid solar-plus-storage facilities will have a combined contracted capacity of 126MW and 151MWh of battery energy storage.
COMMENT: US strike on Iran is all but inevitable with Trump backed into a corner
As the Iranians continue to make military threats while blocking off the crucial oil transit point of the Strait of Hormuz, it appears that US President Donald Trump will inevitably launch an attack on Iran.
Eni announces significant hydrocarbon discovery offshore Côte d'Ivoire
Italian integrated energy company Eni on February 16 announced a significant gas and condensate discovery in Côte d'Ivoire.
Czech minister of industry offers Slovakia oil supplies via Druzhba pipeline
Slovakia's oil supplies via the Russian Druzhba have been disrupted since the end of January, following Russia’s military operations in the east of Ukraine.
Egypt approves 4,720MW renewable energy projects by Kemet Group
The Egyptian cabinet has approved the implementation of four energy projects by Egypt United National Industries Group (Kemet), with a combined capacity of 4,720MW
Mauritania to expand power capacity through gas, renewables and grid upgrades
Mauritania is targeting new thermal, gas-to-power, solar and wind projects to satisfy rising urban power demand.
Tunisia’s power output increases 6% y/y in 2025
Kuwait ranks 30th in GDP per capita, according to Harvard study
The Atlas of Economic Complexity Ranking indicates Kuwait's persistent economic sustainability, underpinned by oil revenues and an increasingly robust financial sector.
China’s State Grid secures €50mn EBRD-backed power substation in Egypt
State Grid Corporation of China has secured a contract to build a new 500-kilovolt electricity transformer substation in Egypt, with investments estimated at €50mn.
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