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Mozambique set to construct new 240,000 bpd refinery
African independent Aiteo has signed a large engineering, procurement and construction (EPC) agreement for a new 240,000 barrel per day refinery in Mozambique.
COMMENT: Slovakia’ Prime Minister pushes back on EU gas phase-out, demands a delay to the sanctions as EU cracks widen
Slovak Prime Minister Robert Fico is becoming a major embarrassment for the EU plans to phase out all Russian gas imports by 2028.
ConocoPhillips asks to expand oil exploration in NPR-A
ConocoPhillips filed applications on July 14 to explore for more oil in the National Petroleum Reserve-Alaska.
COMMENT: Trump’s 100% tariff threat to Russian oil customers unlikely to work
Donald Trump’s threat to impose secondary sanctions on countries buying Russian oil is probably more symbolic than practical, says a leading oil analyst and senior fellow at the Carnegie Russia Eurasia Center, Sergey Vakulenko.
Thailand accelerates solar power push
Currently, Thailand boasts the largest solar capacity in the ASEAN region, with more than 3 GW of installed solar capacity as of 2024.
Mars crude contamination causes brief supply disruption
A brief supply disruption related to a zinc contamination issue in the Mars crude stream appears to have been resolved.
Sintana Energy secures extension on PEL79 in Namibia’s Orange Basin
Canadian oil and natural gas exploration company Sintana Energy has shared an update regarding Petroleum Exploration Licence 79 (PEL 79) which governs blocks 2815 and 2915 located offshore Namibia in the Orange Basin.
Pioneer Lithium secures uranium prospecting permit in Botswana
Botswana's government has granted a uranium prospecting licence to ASX-listed Pioneer Lithium Limited. The project’s uranium potential is supported by its past ownership by UraMin Inc.
Mozambique clears road for restart of TotalEnergies' $20bn LNG project
Work at Mozambique LNG started in 2019 but was suspended after an attack by Islamist insurgents near the site.
India hits 50% non-fossil fuel electricity capacity five years ahead of target
India has reached a major milestone in its energy transition journey, achieving 50% of its installed electricity capacity from non-fossil fuel sources, five years ahead of its Nationally Determined Contributions target under the Paris Agreement
Rhino Resources partners with Northern Ocean for deepwater drilling on PEL85 in Namibia’s Orange Basin
Norwegian drilling contractor Northern Ocean Ltd. has signed a contract with Africa-focused private explorer Rhino Resources to deploy its semi-submersible rig Deepsea Mira for deepwater operations offshore Namibia.
Czechia signs nuclear memorandum with Great Britain
Czechia has signed a nuclear memorandum with the United Kingdom aimed at cooperation in nuclear energy, including the development of small modular reactors.
Iranian crude exports to China hit peak
Iranian crude exports to China have climbed to their highest level since March at more than 1.7mn barrels per day due to sellers increasing shipments to avoid the effects of the recent conflict between Israel and Iran.
Slovak PM Fico delays approval of EU’s sanctions package again, blaming Slovak opposition
Slovak populist Prime Minister Robert Fico has again delayed approval of the latest 18th round of EU sanctions against Russia, blaming his latest blocking on the opposition parties in Slovakia.
COMMENT: What will Trump’s Russian 100% secondary sanctions do to the oil markets?
US President Donald Trump announced on July 14 that the US could impose 100% secondary sanctions on any country that does business with Russia if no ceasefire deal in Ukraine is reached within 50 days.
POSCO signs Aramco deal for Fadhili plant expansion
South Korea’s POSCO has secured a contract to supply steel to Saudi Aramco for the expansion of the Fadhili gas plant
SOCAR to supply Syria with gas
SOCAR has signed a memorandum of understanding to supply natural gas to Syria
Puerto Rico idles power plants as dispute leads New Fortress to withhold LNG cargo
US firm New Fortress Energy has decided to withhold an LNG cargo shipment to Puerto Rico amid a payment dispute causing the island to idle ten of its generators.
US and Panama launch joint military exercises amid canal security concerns
US helicopters have arrived in Panama to begin collaborative training exercises with local security forces, as tensions mount over the strategic waterway's future amid competing US and Chinese interests.
Serbia weighs nuclear options
Serbia is exploring the development of nuclear energy with two potential pathways – conventional nuclear power plants and small modular reactors.
Iran responds to Azerbaijan energy projects with Caspian Sea drilling
Iran has launched exploratory drilling operations in the Caspian Sea after years of neglecting the region due to sanctions constraints and cheaper extraction costs from southern oil fields.
Iran's Khorasan forests burn for third time as climate crisis intensifies
Wildfires have ravaged North Khorasan province's forests for the third time in recent months, burning 25 hectares of natural areas in Haver region as climate change makes such extreme events increasingly common across Iran.
South Africa's energy minister presents revised plan to achieve 2030 universal electricity access
South Africa’s Electricity and Energy Minister Kgosientsho Ramokgopa has presented a revised plan to achieve energy access for all South Africans by 2030.
Iraq plans ten new dams as "El Niño" worsens water crisis
Iraq's water resources Minister Awn Dhiab Abdullah said that “El Niño's negative impact” on Iraq is increasing, with 12 provinces now relying exclusively on groundwater.
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