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South Africa’s Sasol looks to avoid US tarriffs
Albania’s Q2 power imports jump 16.5% as hydro output declines
Hydropower typically supplies nearly all of Albania’s electricity, leaving the Balkan country highly exposed to rainfall fluctuations.
Angola sees increasing civil unrest following removal of fuel subsidy
European credit insurance group Credendo has released a statement highlighting increasing unrest in Angola after the government moved to reform its fuel subsidy policy on July 4.
US grants Serbia’s NIS sixth sanctions waiver
The delay follows recent US-Russia talks in Alaska, which may have influenced Washington’s decision.
Nigeria’s crude pipeline and terminal receipts near 100% amid tightened security against oil theft
Nigeria’s state oil company chief says crude oil receipts at pipelines and export terminals are now “close to 100%,” a significant recovery from previous levels as low as 30% during a period of widespread theft in the Niger Delta.
Seadrill announces two drilling contracts for its JV with Sonangol offshore Angola
Seadrill Limited, a Bermuda-headquartered offshore drilling contractor, has announced that Sonadrill, its JV with Angola’s NOC Sonangol, has secured two new drilling contracts offshore Angola.
COMMENT: Can Russia weather Ukrainian drone attack fuel crisis?
Russia is once again navigating a familiar crisis: surging gasoline prices, empty fuel pumps, and mounting pressure on its domestic supply system. This is not the first time Russia has faced a fuel crisis, but this one is especially bad.
EU commits to huge increase in energy imports from US - Statista
One of the key components of the trade deal that the European Union and the US agreed upon on July 27 is the EU’s commitment to massively ramp up energy imports from the United States, Statista reports.
South Korea, the US come together on nuclear deals
South Korean and US companies have signed agreements to advance nuclear energy projects, aiming to meet rising data centre power demands, support AI growth, and strengthen the US nuclear fuel supply chain.
Chinese carmakers lose ground in Turkey
Era of “price-performance dominance” appears to be fading, but giant EV maker BYD Auto is bucking the trend with surging sales.
World Bank seems to be having second thoughts about Tajikistan’s Rogun Dam
Ball now in Dushanbe’s court to justify high cost.
OGT2025 conference and exhibition in Ashgabat gains momentum
Preparations are gathering momentum for the landmark 30th Anniversary International Conference and Exhibition “Oil and Gas of Turkmenistan – 2025”, scheduled to take place from 22 to 24 October in Ashgabat.
Hydropower poised to drive Africa’s clean energy future – IHA report
Hydropower, with 43.5 GW of installed conventional capacity, is becoming increasingly important for Africa’s development, supported by large national projects as well as smaller private-sector initiatives.
Egypt receives new floating regasification unit amid limited domestic LNG output
Egypt has received the floating storage and regasification unit (FSRU) Energos Winter at Ain Sokhna port
Shell set to secure rights to Egypt’s Rahmat offshore gas field
Global energy major Shell is close to securing the development licence for the Rahmat offshore natural gas field in the deep waters of the Mediterranean northeast of Egypt’s coast, a government official said.
China has no clear coal exit strategy as new projects hit decade high
China is failing to set out a coherent plan to phase out coal despite record growth in renewable energy and the approach of key climate deadlines, according to new research released on August 25.
China’s new mega-dam project threatens water war with India
China’s decision to construct the world’s largest hydropower dam on the Yarlung Zangbo river in Tibet has intensified fears in New Delhi of a looming water crisis, with Indian officials warning the project could reduce dry-season flows into India
Angola’s crude output falls below 1mn bpd amid investment drive and mature field decline
Angola’s oil output has fallen below one million barrels per day (bpd) for the first time since the southwestern African country left OPEC two years ago.
Egypt raises renewables purchase allocations to $374mn for FY 2025/26
Egypt’s Ministry of Electricity and Renewable Energy increased its budget allocation for purchasing renewable power to EGP 18.15bn ($374.1mn) in FY 2025/26, up from EGP 16.5bn in the previous year.
US EPA’s controversial Climate Crisis report is full of lies and mistakes
The US Environmental Protection Agency (EPA) released a controversial report in July claiming the effects of the Climate Crisis were overblown. A fact check by Carbon Brief found it is full of lies and errors.
War of words escalates between Budapest Brussels and Kyiv following the latest Druzhba oil pipeline attacks
US President Donald Trump is very angry with Hungarian Prime Minister Viktor Orban over the attacks on Russia’s Druzhba oil pipeline that lead to an exchange of irate letters over the weekend.
Moldova briefly covers full power demand with renewable generation
Moldova has invested into solar and wind capacity as it seeks to end dependence on imports from Russia-backed separatist Transnistria.
India rejects criticism over Russian oil trade but flow from Moscow plummets
India has pushed back against mounting criticism of its continued energy ties with Moscow, insisting that no country is obliged to buy refined Russian oil products exported from Indian refineries.
China takes Russian oil shipments usually bound for India amid shifting trade flows
At its peak, Russia was India’s largest single supplier of crude, commanding a 36% share of the market. In 2024 alone, New Delhi imported $53bn worth of oil and crude products from Russia.
Monsoon rains help ease Indian power prices
Power prices on Indian exchanges declined in August, with both the day-ahead market (DAM) and the real-time market (RTM) trading lower compared with last year, as heavy monsoon rains boosted supply while milder weather curbed demand
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