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Nigerian oil and gas firms expand abroad as Western majors retreat from onshore fields
Nigeria’s oil and gas industry is undergoing a shift as major international oil companies (IOCs) retreat from riskier onshore and shallow-water operations to focus on deep offshore developments.
Energy firms Eni and Apache plan gas output boost in Egypt
Italy's Eni aims to produce around 120mn cubic feet per day of natural gas from two new wells at Egypt’s Zohr field in the Mediterranean by November. US-based Apache Corp. plans to boost its natural gas production in Egypt.
Libya’s oil production hits 1.38mn barrels per day
Libya’s National Oil Corporation (NOC) announced on August 19 that crude oil production had in the previous 24 hours exceeded 1.38mn barrels, alongside an additional 50,000 barrels of condensates
Druzhba oil flow to Slovakia and Hungary is renewed
The oil flow from the Russian Druzhba pipeline was renewed late on August 19 after a Ukrainian drone attack temporarily halted flows.
Mexico’s Amigo LNG signs 20-year supply deal with Gunvor
Mexico’s Amigo LNG has agreed to a 20-year sales and purchase agreement (SPA) with Gunvor Singapore
Iraq signs deal with Chevron for Dhi Qar oilfields
Iraq signs deal with Chevron for Dhi Qar oilfields #bnm #iraq #chevron #nassiriyah #oil #gas #middleeast #oilfield #dhiqar
Clean power supplier Cross Boundary Energy secures $40mn investment from Impact Fund Denmark for African projects
Istanbul-listed Karsan delivers first autonomous electric bus of its kind to Arbon in Switzerland
e-ATAK is the first full length autonomous bus in the world.
Egypt raises domestic energy production, saving $3.6bn in fuel imports, says minister
Egypt’s minister of petroleum and mineral resources Karim Badawi says the country was able to save around $3.6bn in fuel imports during the 2024/2025 fiscal year, thanks to an increase in domestic energy production.
EBRD boosts Montenegro’s flagship wind farm with €26mn loan
The European Bank for Reconstruction and Development (EBRD) said on August 19 that it is deepening its support for Montenegro’s green transition with an additional €26mn loan to expand the Gvozd wind farm.
Ghana increases petrol, LPG prices
Fuel prices in Ghana are set to be adjusted during the country’s second pricing window this month, with liquefied petroleum gas (LPG) and petrol expected to increase and diesel set to drop slightly, according to Business Ghana.
CENTRAL ASIA BLOG: Might Russia be kicked out of Kazakhstan’s nuclear building programme entirely?
Of three NPP contracts made available by the Central Asian country, two have gone to China. The winner of the other one, Russian state corporation Rosatom, is, meanwhile, struggling with financing issues.
More than 20 African countries exploring potential of nuclear energy – IAEA report
African countries are working to expand electricity access and production, with many turning to nuclear power to boost energy security, cut emissions, and improve reliability and sustainability.
Libya launches $10bn solar programme to supply 40% of power needs by 2035
Libya is embarking on a $10bn solar energy programme designed to generate 4GW of power by 2035, to reduce its dependence on fossil fuels and upgrade its fragile electricity grid. The capacity would be enough to supply nearly 40% of Libya’s needs.
Australia seeks to attract Japanese firms after BP exits hydrogen project
The state government of Western Australia is seeking to lure investment from Japanese firms for a huge $50bn hydrogen facility after BP exited the project.
Croatia faces 2°C hike in average temperatures by 2070
Temperatures have been steadily rising across the country since the mid-20th century with cities up to 10°C higher than rural areas.
Ghana’s oil output falls to five-year low as watchdog warns of waning investment
Ghana’s crude oil production has slumped to its lowest level in five years, a public oversight body said, warning that weak investment and regulatory bottlenecks are undermining the West African nation’s once-promising upstream sector.
Azule Energy and partners plan to fast-track production from Namibian oil discovery
Azule Energy, a 50:50 joint venture between oil and gas giants BP (UK) and Eni (Italy), is fast-tracking its oil operations in Namibia’s Orange Basin as it competes with other companies to be among the first to produce Namibian crude.
South Africa's power utility Eskom launches 291-MW solar tender amid accelerated renewables rollout
South Africa’s state-owned power utility Eskom has launched a tender for 291 MW of solar photovoltaic capacity under long-term power purchase agreements with independent power producers.
Kenya Pipeline Company privatisation via IPO temporarily blocked by High Court in Nairobi
The High Court in Nairobi has temporarily halted the government’s plan to privatise the KPC by selling up to a 65% stake in the pipeline company - without what a consumer group calls "proper" public participation.
Hundreds of Kosovan businesses get power supply cut in row over market liberalisation
Business representatives say cutoffs will trigger job losses, higher prices, reduced competitiveness and plant closures.
China ramps up LNG imports after several sluggish months
Chinese LNG imports have climbed over the past month amid dropping prices and efforts to refill stock levels, reversing a trend of several months of declining imports;
UK’s Centrica buys Grain LNG terminal
British energy firm Centrica has agreed to purchase the UK’s largest LNG terminal, Grain LNG from electricity and gas utility National Grid for GDP1.7bn.
South Africa’s minister provides update on grid performance, status of electricity sector reform process
South Africa’s Electricity and Energy Minister Kgosientsho Ramokgopa has assured the nation that ongoing reforms in the electricity sector are “irreversible.”
Uganda, Tanzania appoint consultant for feasibility study on gas pipeline
Uganda and Tanzania have appointed a consultant to conduct a feasibility study for a proposed gas pipeline connecting the two countries, which will follow a separate route than the EACOP crude oil pipeline.
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