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Nigeria adds $2.8bn power sector bond to fiscal plan to clear decade-long debts
Nigeria will integrate a $2.8bn electricity-sector bond into its Medium-Term Expenditure Framework (MTEF), formally recognising it as sovereign debt in a bid to strengthen investor confidence and clear arrears owed to power companies.
Nigerian NLNG’s $10bn Train-7 project reaches 88% completion
The $10bn Nigeria LNG (NLNG) Train-7 project has reached 88% completion, positioning it for delivery within the revised timeline despite domestic and global challenges
Kazakhstan launches first fully integrated green hydrogen production station
Kazakhstan has launched its first fully integrated green hydrogen production station.
Kosmos Energy denies Senegal nationalisation plans for Yakaar-Teranga gas field
Kosmos Energy (NYSE:KOS) has confirmed with the Ministry of Energy, Petroleum and Mining of Senegal that there is no intention to nationalise the Yakaar-Teranga gas field as reported in the media.
Kosovo’s largest solar project enters key tender phase
Kosovo’s landmark 100 MW Solar4Kosovo I photovoltaic project has moved into the first phase of its international tendering process, power producer KEK announced.
Kazakhstan so far loses 480,000 tonnes of oil due to Ukrainian drone strike on CPC
Kazakhstan has so far lost about 480,000 tonnes of oil output as a result of the Ukrainian drone attack on the Caspian Pipeline Consortium’s (CPC's) offshore infrastructure, TASS reported on December 11, citing Energy Minister Yerlan Akkenzhenov.
Hungary reaches gas supply agreement with Azerbaijan
Hungary has reached an agreement to purchase 800bcm of natural gas from Azerbaijan over the next two years, Foreign Affairs and Trade Minister Peter Szijjarto said on December 11.
Singapore’s Sembcorp strikes $6.5bn deal for Alinta, plans major renewable energy push in Australia
Singapore’s Sembcorp strikes $6.5bn deal for Alinta, plans major renewable energy push in Australia
India’s Russian oil inflows hold near 1.5mn bpd despite sanctions
India’s crude oil arrivals from Russia averaged about 1.5mn barrels per day in the first ten days of December, with projected flows indicating a possible rise to 1.6mn bpd
India launches pilot project to test hydrogen-powered mobility
India’s Union Minister for New & Renewable Energy (MNRE), Pralhad Joshi, has launched a national pilot project to test the use of hydrogen in the mobility sector
Brazil’s Petrobras workers approve nationwide strike over labour dispute
Oil workers at Brazil's state-owned oil producer Petrobras approved a nationwide strike starting on December 15 after rejecting the company's second counteroffer for a labour agreement, according to the Brazilian oil workers union federation FUP.
TGS wins seismic survey contract in Brazil's Campos basin
TGS has been awarded a 4D seismic streamer contract in Brazil's Campos basin, deploying advanced imaging technology to help an unnamed energy company optimise offshore production.
Sri Lanka clears two 50-MW wind projects in Mannar
Sri Lanka has approved the development of two 50MW wind power plants in Mullikulum, Mannar, advancing the government’s plan to source 70% of the country’s electricity from renewables by 2030
Japanese retailer backs nuclear fusion
Tokyo-based Helical Fusion has secured a power purchase agreement with Aoki Super Company, a prominent regional supermarket group in central Japan, marking the country’s first commercial commitment to fusion-generated electricity.
Holtec secures major fuel-storage contract in Taiwan
Holtec International has been selected by Taiwan Power Company to develop indoor dry-storage installations for used nuclear fuel at the Chinshan and Kuosheng sites.
Mongolia’s coal exports hit 93% of government’s 2025 target in Jan-Nov
Mongolia’s coal exports hit 79mn tonnes in the first 11 months of the year, meeting 93% of the government’s 2025 target of 85mn tonnes, the Ministry of Industry and Mineral Resources said on December 11.
India brings new large-scale coal-fired facilities online
Neyveli Uttar Pradesh Power Limited has moved a step closer to completing one of India’s largest new coal-fired schemes, after declaring the commercial operation date for the second unit of the Ghatampur Thermal Power Project
Over $8bn in energy in investments in the Philippines in the first 11 months of 2025
The Philippines has approved nearly $8bn in energy investments this year, underscoring the sector’s central role in the country’s medium-term development strategy.
Tajikistan’s power shortages “have become a full-blown crisis”
Across Tajikistan there are households receiving power for only a few hours a day, according to a December 11 report from Azattyk.
Brazil moves to expand Amazon bioeconomy
Bashkortostan to retain buyback option on stake in Russian oil major Bashneft
The government of the Bashkortostan Republic could retain a buyback option on 6.3% stake in Rosneft-controlled regional oil major Bashneft
€100mn battery park completed, second facility underway in Estonia
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US bank Xtellus Partners gets ahead in bid for Lukoil assets
Cashless deal and asset swap proposed by US bank Xtellus Partners is reportedly favoured by sanctioned Russian oil major Lukoil, according to Reuters
Serbia cannot nationalise NIS without Russia’s consent, Lavrov says
Serbia cannot nationalise its sanctioned oil company, Naftna Industrija Srbije (NIS), without Russia’s consent, Russian Foreign Minister Sergei Lavrov said on December 11.
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