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Venezuela puts debt restructuring on hold to prioritise oil deals
Venezuela's interim government under President Delcy Rodríguez has reportedly decided to postpone the restructuring of its external public debt and the obligations of state oil company Petróleos de Venezuela (PDVSA).
Saipem, Petrofund launch Namibia upstream skills partnership
Italian group Saipem (BIT: SPM) and Namibia’s Petroleum Training and Education Fund (Petrofund) have signed a memorandum of understanding to expand technical training and develop local skills for the country’s emerging upstream hydrocarbon sector.
Turkey signs US grant deal to prepare for small nuclear reactors
The US will pay for a study to help Turkey prepare the ground for small modular nuclear reactors (SMRs), as Ankara looks to cut its reliance on Russia for nuclear power.
Hurricane Polo becomes second most intense eastern Pacific storm off Mexico
Hurricane Polo has exploded from a tropical storm into a Category 5 hurricane in about a day off Mexico's Pacific coast, becoming the second most intense storm on record in the eastern Pacific.
Azerbaijan pardons French prisoner hours after EU delists Usmanov
Azerbaijani President Ilham Aliyev pardoned jailed French citizen Martin Ryan on September 23, hours after the EU dropped tycoons Alisher Usmanov and Mikhail Fridman from its sanctions list.
Tanzania’s $42bn LNG project enters final legal stage ahead of approvals
Tanzania’s $42bn LNG project has entered final legal negotiations, with Host Government Agreements and LNG legislation still requiring state and parliamentary approvals before FID.
Trump and Venezuela’s Rodríguez hold first meeting since Maduro's capture
US President Donald Trump met Venezuela's interim President, Delcy Rodríguez, in New York on the evening of September 22, in their first sit-down since Washington's January operation to remove Nicolás Maduro.
DRC to present oil and gas investment opportunities at AEW 2026
The Democratic Republic of the Congo (DRC) is seeking to accelerate development of its hydrocarbons industry, with Minister of State for Hydrocarbons due to present the country's oil and gas agenda at African Energy Week in Cape Town.
France's soils hit September drought record as dry weather threatens autumn crops
France's soils have never been drier at this point in the year, Meteo-France said, with 84% of the country in decennial drought on September 20.
Dangote hires Engineers India for $450mn work on planned Kenya refinery, but key hurdles remain
Financing, crude supply, port infrastructure and permitting remain key execution tests for the Nigerian group's planned 700,000-bpd Lamu refinery.
Laos advances 100-MW Bolikhamxay solar project
Developers met local residents and authorities on 18 September to discuss the proposed facility, which will span 140.23 hectares across Nam Ngiep and Khuay Oudom villages in Paksan district.
Two wars mean three-digit diesel prices new normal for Turkish motorists
Unable to fit hiked cost of fuel on roadside displays, gasoline station bosses turned to energy watchdog for guidance.
Saudi Arabia restarts East-West pipeline
Saudi Arabia restarts its East-West pipeline after a nine-day shutdown from drone attacks, sending Brent more than $2 lower to a two-week low. Full flows may take weeks.
Hungarian PM reacts angrily to MOL-Naftogaz agreement on building Ukrainian fuel storage near border
MOL said preparations for potential hydrocarbon storage cooperation with Naftogaz could take years, after PM Peter Magyar made clear that the project would not proceed under his leadership.
Asia’s hydrogen bubble has burst — and that may be a good thing
Asia does not need hydrogen to replace every form of existing fossil fuel for the technology to become significant.
The world's continents are drying out, with rivers below normal across 36% of basins
The water stored on the world's land is steadily draining away, and 2025 was one of the driest years for the world's rivers in three and a half decades.
Uganda’s nearly built $5.6bn EACOP will open a route to oil markets, but a wider East African payoff remains uncertain
The East African Crude Oil Pipeline (EACOP) is nearing completion, opening a Ugandan crude-export route through Tanzania. But questions remain over financing, fuel security and wider economic gains.
Senegal and Zimbabwe test energy sovereignty against financing constraints
Senegal wants to use oil and gas revenues to reduce power costs, expand electricity access and support domestic industry, while Zimbabwe seeks investment in generation and grid upgrades.
Brent falls below $102 on prospect of Trump-Pezeshkian meeting
Brent fell below $102 on September 21, an 11-day low, as Trump signalled openness to meeting Pezeshkian in New York and Saudi exports recovered to above 4mn barrels a day.
Two crew hurt as tanker hit by projectile in Strait of Hormuz
Two crew were injured when a tanker was struck by an unknown projectile in the Strait of Hormuz, the fourth attack there in 11 days as Iran enforces its claim over the waterway.
QatarEnergy acknowledges expansion projects may be delayed
Qatar has warned that its ambitious expansion projects may be delayed due to the closure of the Strait of Hormuz delaying critical equipment from arriving on schedule.
Norway’s Equinor plans major expansion of LNG supply by early 2030s
Norway’s state-run Equinor has set an ambitious target to raise its LNG supply portfolio to up to 15mn tonnes per year by the early 2030s.
Osaka Gas buys stake in Australia’s Browse
Japanese energy firm Osaka Gas has purchased a 5% interest in the Browse gas project from the UK’s BP.
LNG Canada Phase 2 expansion could get October approval
Canada’s flagship project LNG Canada could see approval for its Phase 2 expansion as early as October.
US and China open talks on scrapping tariffs on US LNG
China could eliminate its 15% tariff on American LNG as part of a larger package of energy and agriculture deals.
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