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Nigeria’s Dangote refinery says it will not shut petrol unit
Nigeria’s Dangote refinery has moved to deny a Reuters report that claimed the plant was preparing to shut its petrol unit for between two to three months, with Dangote Group spokesperson Anthony Chiejina denouncing it as “fake".
Petronas to drill four new wells offshore Suriname
Malaysia's national oil company, Petronas, announced plans to drill four new oil wells in Suriname, signalling expanded investment in the South American nation's emerging energy sector.
Kyrgyzstan to discuss ministry proposal to build nuclear plant
Small Central Asian country could follow in footsteps of bigger neighbours Kazakhstan and Uzbekistan, which have atomic power projects under way.
US sanctions block Colombia's Ecopetrol from Venezuelan gas imports and Monomeros deal
Colombia's state-owned energy company Ecopetrol cannot proceed with planned gas imports from Venezuela or acquire fertiliser producer Monomeros Colombo Venezolanos due to US Treasury sanctions.
African leaders, lenders at summit in Ethiopia seek to mobilise $100bn climate investment ahead of COP30
African leaders at the Addis Ababa climate summit pledged to mobilise up to $100bn working with banks and development lenders, shifting from aid to investment ahead of COP30, targeting green industry and renewables.
Panoro Energy taps ex-Perenco executive Eric d’Argentré as COO, president amid H1 output gains
Africa-focused E&P firm Panoro has assets in Equatorial Guinea, Gabon, Tunisia, and South Africa. Eric D’Argentré has managed operations in Cameroon, the UK, Colombia, Ecuador, Turkey and Gabon.
Seoul’s energy balancing act up to 2050: then green power for the win
In the northeast corner of East Asia, South Korea is quietly steering its energy future towards a delicate pro-nuclear, pro-renewables outcome. With eyes fixed firmly on 2050, policymakers in the capital Seoul are doubling down.
Kurdish official estimates Iraqi oil losses at $28bn
The 18-month suspension of oil exports from Iraqi Kurdistan has cost the state more than $28bn in lost revenue, a senior Kurdish official has said
Uganda close to signing FEED contracts for $4b Hoima oil refinery project with Alpha MBM
Uganda’s UNOC is close to finalising a deal with Alpha MBM of the UAE on the planned refinery, targeting 60,000 bpd output to cut fuel imports and boost energy security.
Kosovo’s flawed electricity market liberalisation leaves businesses in the dark
Companies face disconnections, uncertainty and higher costs, Kushtrim Ahmeti, executive director of the Chamber of Trade and Industry of Kosovo, tells bne IntelliNews.
Congo signs $23bn deal with China’s Wing Wah for integrated onshore oil and gas development
The Republic of the Congo has signed a $23bn hydrocarbon agreement with Chinese oil and gas company Wing Wah, for the integrated development of the onshore Banga Kayo, Holmoni and Cayo permits.
China accused of escalating Taiwan tensions with oil drilling in disputed waters
By placing energy platforms in contested waters, China is signalling both defiance of international rulings and a willingness to tighten the squeeze on Taiwan.
Ethiopia set to inaugurate $4bn mega-dam as Egypt, Sudan renew strong objections
Ethiopia is preparing for a true "watershed moment", with plans to officially inaugurate its $4bn Grand Ethiopian Renaissance Dam (GERD) on September 9, just ahead of the start of the Ethiopian New Year and the end of the rainy season.
Canada considers LNG export terminal in Saint John
New Brunswick’s Minister of Natural Resources is touting the eastern province for an LNG export terminal.
Second Russian LNG tanker arrives in Chinese port defying sanctions
A second vessel transporting LNG from Russia’s sanctioned Arctic LNG 2 terminal has docked at a Chinese port.
Power of Siberia 2 gas pipeline deal with China to cut Russian domestic supplies
Completing the Power of Siberia 2 (POS2) gas pipeline linking China to Russia’s Yamal gas fields may reduce the amount of gas available to the domestic market, Russian Energy Minister Sergey Tsivilev said during the Eastern Economic Forum.
COMMENT: Potential sanctions on Russian oil keeps price outlook uncertain
The ongoing Ukraine war ceasefire talks and the potential for new and even more extreme sanctions on Russian oil exports is keeping the outlook for the price of oil uncertain, Oxford Economics said in a note.
Nigeria targets 32% rise in daily gas output by 2030, minister says
Nigeria aims to produce 10bn standard cubic feet of gas per day (BSCFD) by 2030, Finance Minister Wale Edun confirmed during a meeting with Nigeria LNG (NLNG) executives in Abuja to discuss related investment, reform and supply challenges.
Vietnam’s long-term energy future to see nuclear and renewables do some heavy lifting
Party General Secretary Tô Lâm on August 20 laid out the Politburo’s strategy for national energy security to 2030 in a resolution, with ambitions stretching to 2045.
Dual-listed Invictus Energy seals petroleum production sharing deal with Zimbabwe over huge gas find
Zimbabwe's government has officially granted National Project Status to ASX- and VFEX-listed gas explorer Invictus Energy's Cabora Bassa Project, situated in the north of the country.
Plains to buy 55% in EPIC Crude for $1.6bn
A subsidiary of Plains All American Pipeline and Plains GP Holdings has agreed to buy a 55% non-operated stake in EPIC Crude Holdings from Diamondback Energy and Kinetik Holdings for around $1.57bn.
EQT to buy LNG from Rio Grande Train 5
US gas producer EQT announced on September 3 that it had agreed to buy LNG from the proposed fifth train at NextDecade’s Rio Grande LNG.
Uzbek leader wants to expand nuclear cooperation with China
Is Tashkent putting together a backup plan in case Rosatom can’t fulfil its obligations?
Guyana's ruling party declares victory in general election
Guyana's President Irfaan Ali has declared victory in the country's general and regional elections, with preliminary results showing his People's Progressive Party securing a commanding lead over opposition parties.
Tajikistan’s glaciers are disappearing
Tajikistan’s glaciers are retreating at an alarming rate, with over 1,000 already gone completely and dozens more under threat, according to a new Atlas of Environmental Change published by the United Nations Environment Programme (UNEP).
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