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Egypt brings new gas well online with 10mn cubic feet/day output
Egypt’s Ministry of Petroleum and Mineral Resources announced that it is currently finalising procedures to bring a new natural gas well into production, with an expected output of around 10mn cubic feet per day
Western majors lobbying Ukraine to stop attacks on CPC oil export route, says analyst
Kazakhstan agrees new deal to pipe crude to China in response to drone raid that damaged Black Sea shipment terminal.
Ukraine's Black Sea attacks may prove counter-productive
Ukraine’s extension of the conflict into the wider region risks fuelling tensions with its neighbours.
US sanctions on Russian-owned NIS shake Serbia’s FX market
Serbia’s central bank sought to calm markets on December 8 after a rush by citizens to buy euros caused temporary shortages at some exchange offices and pushed the dinar to its weakest level this year.
China–Africa trade set to exceed $200bn in 2025 as regional bodies deepen trade links amid US tariffs
Chinese exports to Africa are projected to surpass $200bn in 2025, down from last year’s record but still driven by strong demand, shifting global tariff incentives and the expiry of Washington's AGOA preferences.
Standard Chartered and World Bank close $200mn clean cooking bond to 415,000 cookstoves in Ghana
Egypt plans to launch $5.4bn LNG tender for 2026 supply
The Egyptian government is preparing to launch a global tender in March 2026 to import around 100 shipments of Liquefied Natural Gas (LNG) throughout the year, with an initial estimated value of $5.4bn.
Ghana unveils $3.4bn renewables drive to position itself as Africa clean-energy hub
Ghana has launched a five-year, $3.4bn renewable energy investment plan aimed at transforming its power sector and positioning the West African nation as a leader in Africa’s green energy transition.
Ethiopia set to review Gas-by-Rail agreement as promoters outline 40-country rail energy corridor
Ethiopia is set to sign a Host Country Collaborative Agreement with Insight Dynamic Resources for the proposed Gas-by-Rail Economic Corridor Initiative, which envisions a 73,500km transcontinental rail system delivering gas across 40 African states.
Tunisia kicks off stalled expansion of solar projects with 1.3GW capacity push
Tunisia is finally accelerating the deployment of its large-scale photovoltaic (PV) sector after years of slow progress, with construction now underway across multiple major projects.
Shell and Petronas seek 20% gas price increase for Egypt’s West Delta marine phase
UK energy major Shell and Malaysia's national oil and gas company Petronas asked the Egyptian Natural Gas Holding Company (EGAS) to raise the gas price for the upcoming Phase 12 development of the West Delta Deep Marine fields by 20%
New Fortress Energy and Puerto Rico finalise seven-year LNG deal
US LNG developer New Fortress Energy has received final approval from Puerto Rico authorities to conclude a seven-year LNG supply deal.
Vitol to supply Colombia’s new LNG import terminal
Energy and commodity trader Vitol is expected to supply Colombia’s new LNG import terminal on its northern Caribbean coast.
COMMENT: Putin's India visit concludes with multiple promises of deeper cooperation
While the two sides inked over 16 agreements, a clear pivot towards high-technology sectors, critical minerals, and joint manufacturing ventures dominated much of the agenda.
How Kazakhstan and Western oil major partners could take $27bn yearly hit from Ukraine’s drone attacks on Black Sea port
Moscow, on the other hand, might lose a mere $0.6bn annually, argues analyst.
Egypt signs agreement with US Honeywell for sustainable aviation fuel (SAF) production
The Egyptian Petrochemical Holding Company (ECHEM), through the Egyptian Sustainable Aviation Fuel Production Company, has signed a licensing agreement with the global US tech group Honeywell to locally produce sustainable aviation fuel (SAF)
Cairn Petroleum secures $30mn oil exploration deal in Egypt's Gulf of Suez
The Egyptian General Petroleum Corporation (EGPC) has signed a new agreement for oil exploration and production in the Gulf of Suez, with investments worth $30mn
India passes milestone power generation capacity as non-fossil share tops 51%
India’s installed power generation capacity has climbed to 505,023 MW as of October 31, 2025, with non-fossil fuel sources now accounting for more than half of the national mix, Minister of State for Power Shripad Yesso Naik told the Upper House.
The Age of Electricity is here -IEA
Electricity is becoming the most important source of energy, but the International Energy Agency warned that the world is entering a period of heightened energy insecurity marked by geopolitical volatility, rising demand, and an oil glut.
Africa-focused Meren Energy launches new $35mn share buy-back approved by TSX
Meren Energy has secured TSX approval for a new $35mn normal course issuer bid authorising repurchases of up to 21.64mn shares across the TSX, Nasdaq Stockholm and Canadian trading systems from December 2025 to December 2026.
Mongolia calls public hearings ahead of likely push to renegotiate Rio Tinto terms on giant copper mine
Lawmakers to question whether country is set to receive fair share of profits.
Canada’s Enbridge unveils 2026 financial guidance
Canada-based pipeline firm Enbridge is targeting adjusted earnings before interest, income taxes and depreciation (EBITDA) of CAD20.2-20.8bn ($14.5-14.9bn) in 2026.
Egypt’s EGAS plans to export four LNG cargoes in December
Egyptian Natural Gas Holding Company (EGAS) is preparing to export four liquefied natural gas (LNG) cargoes in December 2025, with total volumes of around 550,000 cubic metres. Revenue from sales will be directed toward settling part of the arrears
Libya to launch bid for 22 oil blocks, largest round in 18 years
Libya plans to launch a historic oil exploration bidding round covering 22 blocks (11 offshore and 11 onshore) in the country’s largest initiative of its kind since 2007
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