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Syria reduces power supply hours due to decline in gas flows via Jordan

Syria’s Ministry of Energy has attributed the current reduction in electricity supply hours to a decline in natural gas volumes delivered via Jordan, which are used to operate power generation plants

As the Middle East erupts, Guyana is poised for unprecedented oil growth

While the Iran-Israel-US conflict continues to rock the Middle East, Guyana could emerge as an unlikely beneficiary of the oil output and shipping crisis that appears set to occur.

Venezuela crude exports shift to supertankers under US-backed supply deal

The move is expected to increase export capacity from March and channel a greater share of shipments toward India, according to shipping records and people familiar with the flows

PdV reassesses oil partnerships after legal changes and US demands

The contracts were introduced after the now Interim President Delcy Rodríguez assumed the role of oil minister in October 2024 and included new structures such as productive participation agreements (CPPs)

Saipem poised for Venezuela return as sanctions shift spurs oil sector interest

Chief executive Alessandro Puliti said Venezuela is a market where Saipem has a long operational history and remains ready to re-enter once clients begin advancing projects

Tenaris weighs Venezuela expansion as drilling activity shows signs of revival

The pipe maker, part of Argentina’s Techint Group, kept a limited presence in the country and continued to provide technical and commercial support to Chevron, now the only large international oil producer operating at scale there

EACOP hands over new road to Hoima authorities under socio-economic programme in Uganda

US urges court not to hold Argentina in contempt in $18bn YPF judgment dispute

The United States government has urged a federal judge not to hold Argentina in contempt over its alleged failure to hand over officials’ messages and emails in a long-running effort by former YPF shareholders to enforce a $18bn judgment.

YPF deepens shale shift in fourth quarter as conventional output declines

Argentina’s state energy company YPF accelerated its transition towards shale production in the fourth quarter of 2025, boosting unconventional oil and gas output while scaling back conventional operations.

Argentina’s VMOS pipeline 54% complete, targets 550,000 bpd exports by 2027

Argentina’s Vaca Muerta Oil Sur (VMOS) pipeline project is 54% complete and is expected to export up to 550,000 barrels per day (bpd) by 2027. The project is projected to generate more than $15bn in annual exports.

Indonesia’s geothermal quest: where massive potential meets structural reality

Indonesia has long been viewed as a geothermal powerhouse in waiting. Sitting atop roughly 40% of the world’s volcanic energy resources, the country appears uniquely positioned to anchor its energy transition on underground heat

Egypt to import 20 additional LNG shipments to counter gas supply crisis

The Egyptian Ministry of Petroleum and Mineral Resources plans to increase its liquefied natural gas (LNG) imports by around 20 new shipments starting in March 2026

South Korea faces renewable energy safety concerns

A string of accidents at renewable energy sites in South Korea has sharpened public concern over safety just as lawmakers moved to relax regulations governing how close such facilities can be built to homes and roads.

Indian electric two-wheelers growth to slow to 12–13% in FY2026 on magnet shortage

Volume growth of electric two-wheelers (E2Ws) in India is expected to slow down 12–13% in FY2026 from approximately 22% last year due to short-term supply-side disruptions and shifting price dynamics, which weigh on momentum

Tanzania moves to ensure local involvement in LNG processing project

Tanzania’s Minister for Energy, Deogratious Ndejembi, has instructed the Petroleum Upstream Regulatory Authority to strengthen geological data collection, reassess licensed exploration blocks and prepare for full Tanzanian participation in the LNG

Uganda National Oil Company to expand Jinja terminal and build new Kampala storage hub

Uganda’s state-owned Uganda National Oil Company (UNOC) has announced plans to expand the Jinja Oil Storage Terminal from 30mn litres to 40mn litres, while simultaneously developing a new 320mn litre storage facility in Mpigi District

Egypt moves to fast-track LNG shipments amid gas cut-offs

The Egyptian government is seeking to accelerate the delivery of Liquefied Natural Gas (LNG) shipments previously contracted under major deals signed in 2025.

Ghana clears $500mn gas arrears, cedi surges 40.7% as Mahama signals fiscal reset

President John Mahama said that Ghana has cleared all outstanding gas arrears of about $500mn owed to ENI and Vitol, signalling renewed fiscal discipline as the economy posts stronger growth and a firmer currency.

India belatedly urges early cessation to hostilities in Middle East

Indian Prime Minister Narendra Modi posted two separate messages on X responding to the now two day long campaign of hostilities against Iran by the forces of Israel and the US.

Middle East conflict raises stakes for Nigeria’s oil-driven economy

The escalating military conflict between the United States, Israel and Iran has unsettled global energy markets, driving up crude prices and placing African oil-dependent economies such as Nigeria in a delicate position.

Thailand rations energy as Hormuz crisis deepens

Energy Minister Auttapol Rerkpiboon issued the emergency while also activating the Energy Emergency Surveillance Centre. He also instructed coal-fired power plants to operate at full capacity.

South Africa utility Eskom, regulator NERSA suspend legal dispute over power trading licences

Legal proceedings between Eskom and NERSA over electricity trading licences have paused, signalling a shift towards regulatory alignment as South Africa advances reforms to open and modernise its power market.

Kazakhstan’s Tengiz oil field production nearly back to full capacity, Energy Min says

European Commission reviews Romania’s request to delay coal plant closures at CE Oltenia

The EC has launched an in-depth investigation of Romania’s request to amend the restructuring plan of state-owned coal-fired power producer CE Oltenia. The restructuring plan includes a €2.66bn state aid, which the EC will check for compliance.

Czech Ministry of Finance ejects head of state oil pipeline operator Mero

The Czech Ministry of Finance abruptly ejected a seasoned head of the state oil pipeline Mero Jaroslav Pantůček, Czech Radio and other media in the country reported.