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Sierra Leone to launch first 5G network powered by renewable energy
Sierra Leone would be among the first countries in Africa to implement 5G technology at scale using renewable energy sources. Broadband penetration in the country is now at just 20.7%.
Bulgaria’s government probes secret energy cartel allegations
PM Rossen Zhelyazkov orders ministers to take action after anticorruption NGO revealed businessman Hristo Kovachki's control over 150 energy companies.
Iraq accuses Kurdish govt. of causing significant losses
The Iraqi Ministry of Oil has sharply criticised the Kurdistan Regional Government (KRG) for its persistent failure to hand over crude oil revenues.
US investor Lynch in talks with Germany on taking over Nord Stream 2
Before relocating to Miami in 2019, Lynch lived in Moscow for two decades. During this time, he was involved in significant financial dealings, including the acquisition of a subsidiary of Yukos in 2007 and the Swiss division of Sberbank in 2022.
British Columbia approves LNG pipeline to proposed Ksi Lisims plant
The planned Ksi Lisims LNG facility has moved another step forward with British Columbia authorising the Prince Rupert Gas Transmission pipeline.
Hungary’s MVM joins $2.9bn Shah Deniz gas project in Azerbaijan
Hungarian state-owned energy group MVM has secured a 5% stake in the next phase of Azerbaijan’s flagship Shah Deniz gas field, joining a $2.9bn development led by BP.
Turkmenistan douses the flames of “hell”
Crater fire in collapsed desert gas well raged for half a century. Adventurous tourists treasured site. Climate scientists hated it for its massive methane emissions.
Boss of Turkish fuel retailer Teco arrested as part of Imamoglu operation
Regime says it's targeting "tentacles" of "octopus-like" crime syndicate under Istanbul mayor. Critics scoff at bogus investigation aimed at removing political threat to Erdogan.
Shell greenlights Aphrodite off Trinidad and Tobago
Shell Trinidad and Tobago Ltd has taken a final investment decision on the Aphrodite project, an undeveloped gas field in the East Coast Marine Area offshore Trinidad and Tobago. ECMA is a prolific gas-producing area.
Mozambican civil society group Justica Ambiental sues South Korean banks over $1.9bn funding for a proposed gas project in African nation
The Mozambican civil society group Justica Ambiental and three South Korean individuals have filed a lawsuit seeking to block funding for a $7.2bn gas project in the southern African nation.
Global energy investment to reach a record $3.3 trillion in 2025, but problems with grids remain – IEA
Global energy investment is projected to reach a record $3.3 trillion in 2025, despite continued economic uncertainty and heightened geopolitical risks, according to the International Energy Agency.
Ghana strikes $2bn oil deal with global energy firms to extend Jubilee, TEN production to 2040
Ghana has reached an agreement with international oil companies to extend licences for its flagship offshore oil fields to 2040, unlocking up to $2bn in fresh investments aimed at boosting energy output and long-term economic growth.
Wildfires temporarily knock out oil sands production
Wildfires in the Canadian province of Alberta have resulted in more than 344,000 barrels per day of oil sands production being disrupted.
Pakistan’s power sector in 2025 at a critical juncture
The country recorded notable growth in solar energy deployment and added new renewable capacity, but these gains came against the backdrop of deep-rooted structural challenges
EOG to expand in Utica with $5.6bn Encino acquisition
EOG Resources has struck a deal to acquire Encino Acquisition Partners from the Canada Pension Plan Investment Board and Encino Energy for $5.6bn.
Brazil eyes oil cash to meet fiscal targets
Brazil’s government is seeking to raise $6.2bn from the oil sector over the next two years to help meet fiscal targets.
Nigeria's SERAP sues NNPCL over missing funds
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Co. Ltd (NNPCL) for the state-owned company’s failure to account for NGN500bn ($316.4mn).
NEO: Wildberries online retailer voluntarily offset its carbon footprint in Russian Far East
Wildberries, a major online marketplace that operates across Eurasia, has voluntarily offset the carbon footprint of its order pick-up points in the Russian Far East, Russian Forbes reported citing a company statement.
Czech Supreme Court lifts blocking of Dukovany nuclear contract
The Czech Supreme Administrative Court has lifted the blocking of the contract between the South Korea Hydro & Nuclear Power and the Czech side for the major €16bn Dukovany nuclear power plant enhancement.
$5bn Uganda–Tanzania crude oil pipeline (EACOP) project now 60% finished
The $5bn East African Crude Oil Pipeline (EACOP), a controversial flagship infrastructure project stretching 1,443 kilometres from Hoima, Uganda to Tanga port in Tanzania, is 60% completed.
Nigeria’s CNG drive attracts $500mn investment, creates over 10,000 jobs
Nigeria’s compressed natural gas (CNG) sector has attracted over $500mn in investment and created over 10,000 direct jobs in under a year. The growth in jobs comes as the government intensifies efforts to promote alternative energy transportation.
CITIES IN PERIL: Droughts and heatwaves grip Tehran
The Iranian capital’s vulnerability to the changing climate presents a significant national challenge.
Hungary's MOL signs onshore exploration agreement with Azerbaijan's SOCAR
MOL has signed key terms for an exploration, development and production sharing agreement with Azerbaijan’s state oil company SOCAR for the Shamakhi-Gobustan region of the country.
Woodside Energy initiates arbitration proceedings against Senegal over tax assessment at Sangomar project
Woodside Energy, Australia’s largest independent oil and gas company, has filed an arbitration request with the World Bank’s International Centre for Settlement of Investment Disputes over a tax assessment dispute with the Senegalese government.
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