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Turkmenistan reveals electricity export aspirations
Ashgabat building Caspian power plant.
British multinational Shell signs exclusive $1bn deal to explore for oil offshore Angola
British multinational oil and gas company Shell and Angola’s National Agency for Oil, Gas and Biofuels (ANPG) have signed an exclusive agreement to explore new oil blocks offshore Angola.
Hungary, US set to deepen nuclear energy ties during Orbán’s White House visit
Viktor Orban, seeking to secure a temporary waiver from US sanctions on Russian oil, will propose a pragmatic energy deal to Washington, offering deeper cooperation in the LNG and nuclear sectors.
Abu Dhabi’s capacity ambition accelerates as Exxon signals early milestone
Abu Dhabi’s campaign to cement its long-term market influence is accelerating, with comments reported by Bloomberg this week suggesting its flagship $30bn offshore expansion is running ahead of schedule.
Is Venezuela's resource wealth Trump's real target?
As US military forces mass in the Caribbean, Venezuela's oil and mineral wealth emerges as a potential prize in a looming confrontation that will likely result in the ousting of President Nicolas Maduro.
Shell hints at start-up of second train at LNG Canada before end of year
Supermajor Shell forecasts that the second liquefaction train at LNG Canada will come online before the end of the year, the company’s Chief Financial Officer Sinead Gorman stated.
China’s Hudong-Zhonghua Shipbuilding to deliver record four LNG carriers in October
China’s largest LNG carrier builder Hudong-Zhonghua Shipbuilding has delivered four high-tech LNG carriers in the month of October.
BP expands gas output in Egypt’s West Nile Delta with new well start-up
British energy major BP (LSE, NYSE:BP) has started up the RW5 gas well in Egypt’s West Nile Delta (WND) project, adding around 80mn cubic feet per day of additional supply.
Dangote refinery ramping up output as Nigeria prepares phased 15% fuel import duty
Nigeria’s Dangote refinery is scaling up gasoline and diesel output as the government prepares to phase in a 15% import duty on refined fuel products, part of a broader effort to shift supply towards domestic refining and reduce FX pressure.
Slovenian consumers take energy giant GEN-I to court over price hikes
The Slovene Consumers’ Association accused GEN-I of unlawfully raising household prices at the height of the recent energy crisis.
Bulgaria suspends fuel exports to EU after US sanctions Lukoil
Bulgaria has temporarily suspended exports of petroleum products to European Union countries after the United States imposed sanctions on Russian oil giant Lukoil.
US push to pressure Iran providing fresh incentive for trans-Caspian pipeline
Turkmenistan showing interest in the idea.
Natural gas, helium explorer D3 Energy advances towards production at flagship South African asset
South Africa-focused helium and natural gas explorer D3 Energy on October 30 provided a market update in its quarterly activities report for the period ending September 30, 2025.
Washington has a new focus on a Caspian energy play
For most of the last three decades since winning independence, Central Asia has been a bit of a backwater. Not any more. The Trump administration is becoming more focused on Turkmenistan's vast gas reserves and can smell money and power there.
BOTAŞ and Turkey’s hub ambition: from “30-year dream” to cross-border reality
For Ankara, the symbolism is as important as the molecules: Turkey’s energy map is shifting from end-market to hub.
Russia faces $50bn annual losses from oil sanctions as Lukoil exits international assets
Russia is expected to lose at least $50bn annually due to oil-related sanctions, as Moscow’s largest private oil producer Lukoil agrees to sell its international assets and Germany considers nationalising operations owned by state-run Rosneft.
Nigeria’s Oando posts $120mn nine-month profit on production gains after acquiring NAOC assets
Eurobonds of Istanbul-listed Zorlu units offer attractive yields amid rating downgrades and no default expectation
Debut paper currently offering 14-15% yield.
Serbia’s NIS posts 9-month net loss as US sanctions weigh on performance
NIS, majority-owned by Russia’s Gazprom Group, said it had operated in “extremely complex circumstances” after sanctions were announced by the US Treasury Department.
Trump administration reopens Alaska’s ANWR Coastal Plain to oil and gas leasing
The administration of US President Donald Trump has reopened the Coastal Plain of Alaska’s Arctic National Wildlife Refuge (ANWR) to oil and gas leasing.
Nigeria's Heirs Energies' CFO on powering growth via sustainable, indigenous-led development
NewsBase speaks exclusively to Samuel O. Nwanze, Executive Director and Chief Financial Officer of Nigerian indigenous integrated oil and gas company Heirs Energies.
Sable’s Santa Ynez offshore storage proposal in California to reportedly cost $1.7bn
Sable Offshore is exploring the option of using an offshore storage and treating vessel to market oil produced from the Santa Ynez project in waters off the coast of California.
Nigeria's NNPCL weighs technical equity partnerships to revive idle state-owned refineries
NNPCL is reviewing options to bring the Port Harcourt, Warri and Kaduna refineries back into meaningful operation, possibly by bringing in technical equity partners to upgrade or repurpose units.
Viktor Orban facing delicate balancing act to persuade Donald Trump to ease pressure on Hungary over Russian sanctions
The Hungarian prime minister, long admired in MAGA circles and hailed by Donald Trump as a “great leader” now finds himself for the first time at odds with the US president over the latest US sanctions on Russia.
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