Free Top Stories

Serbia seeks EU gas supplies to reduce reliance on Russia

5 February 2026

Serbia is stepping up efforts to diversify its energy supplies away from Russia and is already in talks to purchase natural gas through the EU's joint gas-buying mechanism, President Aleksandar Vucic said.

Morocco fuel prices rise in February across major distribution networks

5 February 2026

Fuel prices in Morocco rose in February after nearly one month of stability, with diesel and gasoline registering fresh increases across major fuel distribution networks

ExxonMobil, Chevron beat analyst expectations with fourth-quarter results

5 February 2026

US-based supermajors ExxonMobil and Chevron both beat analyst expectations with their results for the fourth quarter of 2025, which they reported separately on January 30.

Glencore shareholder invests in South African refinery upgrade

5 February 2026

A Glencore shareholder is set to invest R6bn ($326mn) to upgrade Astron Energy’s 100,000 barrels per day (bpd) Cape Town petroleum refinery, committing to reinforcing the country’s energy sector amid difficult times.

Iran's IRGC seizes two fuel vessels in Persian Gulf

5 February 2026

IRGC Navy seizes two vessels smuggling over 1mn litres of fuel near Farsi Island after months of intelligence work. Fifteen foreign crew members handed to judicial authorities as Iran intensifies crackdown.

Questions raised in Turkish parliament over lack of progress with BYD’s $1bn EV factory investment

5 February 2026

Industry minister says government closely monitoring situation.

China reshaping Central Asia's Russia-dominated nuclear landscape

4 February 2026

A Eurasianet partner post from the Central Asia-Caucasus Analyst.

Brazil oil output hits new peak

4 February 2026

Brazil’s oil and gas production rose to 4.89mn barrels of oil equivalent per day in 2025, up 13.3% from a year earlier and the highest level on record, according to data from the National Agency of Petroleum, Natural Gas and Biofuels.

Indian refiners not ordered to end Russian oil buys

4 February 2026

Indian refiners have not received government orders to stop buying Russian crude and would need a wind-down period to fulfil existing contracts even if it came.

Indian refiners seek policy clarity after US signals halt to Russian oil purchases

4 February 2026

Indian refiners are looking for direction from the government on future purchases of Russian crude after US President Donald Trump said that New Delhi would halt sourcing oil from Russia as part of efforts to secure lower US trade tariffs.

Libya plans gas output boost to supply Europe by 2030, NOC head says

3 February 2026

Libya plans to significantly increase its natural gas production over the next five years, aiming to make larger volumes available for export to Europe by the early part of the next decade

COMMENT: Trump’s Indian trade deal unlikely to cut Asia off from Russian oil

3 February 2026

US President Donald Trump announced on social media that he was slashing tariffs on India from 50% to 18%, after cutting a new trade agreement that will see New Delhi reduce its imports of Russian crude oil dramatically.

Kazakhstan to build a second nuclear power plant in Almaty region

3 February 2026

Kazakhstan has approved plans to build a second nuclear power plant as part of its broader push to diversify its energy mix and ensure long-term energy security.

Libya’s energy sector recovery reinforces its role as key African oil and gas producer – AEC

3 February 2026

The African Energy Chamber (AEC) has commended Libya’s hydrocarbon sector recovery, which confirmed the country’s position as a key African energy producer.

US slashes tariffs on Indian exports after trade accord

3 February 2026

The US agreed to slash tariffs on India from 50% to 18% after reaching a trade agreement on Indian exports and removing additional penalties added last year for importing Russian oil.

Morocco delays tender for $1bn LNG import terminal and gas pipeline project

2 February 2026

Morocco has postponed the opening of bids for a strategic project to build a liquefied natural gas (LNG) import terminal and a domestic gas pipeline network with an estimated cost of about $1bn

Iraq assesses TotalEnergies’ progress on Basra projects

2 February 2026

Iraq is advancing key components of its landmark $27bn energy accord with TotalEnergies, with significant infrastructure milestones reached at the Artawi oilfield hub

Egypt in talks with international oil firms to boost output over five years

2 February 2026

The Egyptian government is currently discussing with international oil and gas companies operating in the country a plan to intensify exploration, development and production activities over the next five years

Chevron in talks with Libya and Iraq on potential oil projects expansion

2 February 2026

US energy major Chevron (NYSE: CVX) is holding discussions with the governments of Iraq and Libya to assess potential opportunities to expand its footprint in the oil sector.

Unsettled by Greenland annexation threats, EU seeks to diversify way from US LNG dependency

2 February 2026

Out of the frying pan and into the fire. Having struggled to reduce its dependency on Russian gas at enormous cost to its economy, the EU now finds itself with a new energy dependency that is potentially even more damaging than relying on Russian gas

Egypt plans $250–350mn oil arrears payments in Q1 2026, unveils mining reform push

1 February 2026

The Egyptian government plans to repay between $250mn and $350mn in outstanding dues to international oil companies during Q1 2026, alongside a broader structural plan to settle an additional $750mn

Canada eyes India to boost LNG exports

1 February 2026

Upstart LNG exporter Canada is targeting India for a rise in sales with Prime Minister Mark Carney expected to visit the energy-hungry country in the coming weeks.