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Tunisia kicks off stalled expansion of solar projects with 1.3GW capacity push
Tunisia is finally accelerating the deployment of its large-scale photovoltaic (PV) sector after years of slow progress, with construction now underway across multiple major projects.
Shell and Petronas seek 20% gas price increase for Egypt’s West Delta marine phase
UK energy major Shell and Malaysia's national oil and gas company Petronas asked the Egyptian Natural Gas Holding Company (EGAS) to raise the gas price for the upcoming Phase 12 development of the West Delta Deep Marine fields by 20%
New Fortress Energy and Puerto Rico finalise seven-year LNG deal
US LNG developer New Fortress Energy has received final approval from Puerto Rico authorities to conclude a seven-year LNG supply deal.
Vitol to supply Colombia’s new LNG import terminal
Energy and commodity trader Vitol is expected to supply Colombia’s new LNG import terminal on its northern Caribbean coast.
COMMENT: Putin's India visit concludes with multiple promises of deeper cooperation
While the two sides inked over 16 agreements, a clear pivot towards high-technology sectors, critical minerals, and joint manufacturing ventures dominated much of the agenda.
How Kazakhstan and Western oil major partners could take $27bn yearly hit from Ukraine’s drone attacks on Black Sea port
Moscow, on the other hand, might lose a mere $0.6bn annually, argues analyst.
Egypt signs agreement with US Honeywell for sustainable aviation fuel (SAF) production
The Egyptian Petrochemical Holding Company (ECHEM), through the Egyptian Sustainable Aviation Fuel Production Company, has signed a licensing agreement with the global US tech group Honeywell to locally produce sustainable aviation fuel (SAF)
Cairn Petroleum secures $30mn oil exploration deal in Egypt's Gulf of Suez
The Egyptian General Petroleum Corporation (EGPC) has signed a new agreement for oil exploration and production in the Gulf of Suez, with investments worth $30mn
India passes milestone power generation capacity as non-fossil share tops 51%
India’s installed power generation capacity has climbed to 505,023 MW as of October 31, 2025, with non-fossil fuel sources now accounting for more than half of the national mix, Minister of State for Power Shripad Yesso Naik told the Upper House.
The Age of Electricity is here -IEA
Electricity is becoming the most important source of energy, but the International Energy Agency warned that the world is entering a period of heightened energy insecurity marked by geopolitical volatility, rising demand, and an oil glut.
Africa-focused Meren Energy launches new $35mn share buy-back approved by TSX
Meren Energy has secured TSX approval for a new $35mn normal course issuer bid authorising repurchases of up to 21.64mn shares across the TSX, Nasdaq Stockholm and Canadian trading systems from December 2025 to December 2026.
Mongolia calls public hearings ahead of likely push to renegotiate Rio Tinto terms on giant copper mine
Lawmakers to question whether country is set to receive fair share of profits.
Canada’s Enbridge unveils 2026 financial guidance
Canada-based pipeline firm Enbridge is targeting adjusted earnings before interest, income taxes and depreciation (EBITDA) of CAD20.2-20.8bn ($14.5-14.9bn) in 2026.
Egypt’s EGAS plans to export four LNG cargoes in December
Egyptian Natural Gas Holding Company (EGAS) is preparing to export four liquefied natural gas (LNG) cargoes in December 2025, with total volumes of around 550,000 cubic metres. Revenue from sales will be directed toward settling part of the arrears
Libya to launch bid for 22 oil blocks, largest round in 18 years
Libya plans to launch a historic oil exploration bidding round covering 22 blocks (11 offshore and 11 onshore) in the country’s largest initiative of its kind since 2007
Nigeria should not be importing fuel, says Aliko Dangote
CEO of Dangote Group Aliko Dangote has criticised Nigeria’s continued reliance on imported crude and refined petroleum products, noting that the country has no justification for importing the commodities if current laws were being enforced.
Luberef gains feedstock extensions for facilities at Jeddah, Yanbu.
Saudi Aramco Base Oil Co. (Luberef) has received notice from Saudi Arabia’s Ministry of Energy regarding the extension of feedstock allocation for its facilities.
Targa expands in US’ Permian Basin with Stakeholder acquisition
US midstream player Targa Resources has struck a deal for a wholly owned subsidiary to acquire Stakeholder Midstream for $1.25bn in cash.
Hungary to challenge EU plans to ban Russian oil and gas in court
Foreign Minister Peter Szijjarto says plan to ban EU member states' imports of Russian oil and gas from 2027 would "undermine Hungary's energy security".
Slovak Economy Minister Saková claims Bratislava negotiated extension of Russian gas imports
Slovakia has a valid contract with Gazprom until 2034 and opposes EU plans to phase out Russian fossil fuel imports by 2027.
Russian oil exports reshuffled as non-sanctioned firms offset decline from Lukoil and Rosneft
US investment bank Goldman Sachs reports that the oil exports by Russia’s recently sanctioned energy giants, Lukoil and Rosneft, have fallen by 1.1mn barrels a day, while those of non-sanctioned companies are up the same amount.
Environmental crime growing sharply across Western Balkans, watchdog warns
Environmental crime has become one of the fastest-growing illicit economies in the Western Balkans, according to a new report by the Global Initiative Against Transnational Organized Crime.
Europe’s groundwater reserves in danger from Climate Crisis
Europe is turning into an underground desert as groundwater reserves are severely depleted due to intensifying climate impacts and long-term overextraction, according to a new study reported by The Guardian on November 29.
South Africa’s Eskom advances environmental studies for potential third nuclear power station
South Africa’s state-owned utility Eskom has begun EIA work for two proposed nuclear sites at Thyspunt and Bantamsklip, according to regulatory notices.
Venezuela condemns US court approval of $5.9bn Citgo sale as “barbaric dispossession”
Venezuela has slammed a United States court decision authorising the sale of oil company Citgo to settle billions of dollars in debt, calling the move "fraudulent" and a violation of its sovereign assets.
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