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Pakistan makes first US crude imports as energy ties expand
Pakistan has imported 6mn barrels of crude oil from the US for the first time in the current fiscal year, in a move that highlights a gradual widening of energy links between Islamabad and Washington.
Brazil solar growth faces grid limits
Brazil added 4.4 gigawatts of solar generation capacity in the first quarter of 2026, with 25 new plants connected in March alone, although the pace of new large-scale connections is expected to slow during the remainder of the year.
Petrobras bets big on Brazil shipyards
Senegal weighs arbitration against BP and Woodside over energy contracts
Senegal is considering international arbitration in disputes with BP and Woodside Energy as President Bassirou Diomaye Faye’s administration intensifies scrutiny of oil and gas agreements it says may shortchange the state
Japan turns to Brazil oil
Japan is looking at Brazil as a possible supplier of crude oil as conflict involving the United States, Israel and Iran disrupts flows through the Strait of Hormuz, Economy Minister Ryosei Akazawa said.
Brazil deepwater moves ahead
ABL Energy & Marine Consultants Brasil has been selected as marine warranty surveyor for Subsea7’s transport and installation campaign tied to the Mero 3 and Mero 4 offshore projects in Brazil’s Santos Basin.
Brazil’s Petrobras to raise production in Bahia state
Petrobras plans to raise oil and gas production in the state of Bahia to 30,000 barrels of oil equivalent per day, more than double current levels, as part of a broader investment programme focused on exploration, refining and biofuels.
Uganda and East Africa energy sector advance Dangote-led regional refinery talks
Uganda’s planned refinery remains commercially viable and will proceed alongside discussions on a larger regional oil processing project involving private and state actors across East Africa
Egypt’s Sunrise Resorts explores 200MW Rwanda solar and battery project
Sunrise Resorts & Cruises, an Egyptian hospitality and tourism group, is exploring a 200MW solar and battery-storage project in Rwanda as Kigali accelerates efforts to expand renewable-energy capacity and achieve universal electricity access.
ExxonMobil returns to Guyana's Canje block with ultra-deepwater well after four-year hiatus
Argentina approves TGS for $550mn gas pipeline expansion under RIGI
Argentina’s economy ministry has approved Transportadora de Gas del Sur to join the country’s large-investment incentive scheme, known as RIGI, for a $550mn expansion of the Perito Moreno gas pipeline.
Brazil launches fuel subsidies as tax cut proposal stalls in Congress
Brazil will provide direct subsidies to gasoline producers and importers, and later to diesel suppliers, after a government proposal to cut federal fuel taxes stalled in Congress.
TanGo secures three Vaca Muerta shale concessions in Argentina
TanGo Energy Argentina has entered Argentina’s Vaca Muerta shale formation after obtaining three unconventional oil and gas concessions in Río Negro Province, marking a new investment in one of the country’s key energy-producing regions.
Argentina inaugurates largest solar park with 305 MW in Mendoza
Argentina has inaugurated the 305-megawatt El Quemado solar park in the western province of Mendoza, marking the country’s largest photovoltaic project and the first renewable energy development completed under the government’s RIGI program.
Argentina's YPF plans $25bn Vaca Muerta project focused entirely on crude exports
YPF has announced a $25bn investment plan under Argentina’s large investment incentive regime to expand production in Vaca Muerta, with all crude output from the project set to be exported.
Eco Atlantic moves closer to expanding Falklands offshore stake through JHI acquisition
Eco Atlantic Oil & Gas said it has moved a step closer to completing its acquisition of JHI Associates after JHI secured a final court order approving the transaction.
GeoPark seeks RIGI approval for $1bn Vaca Muerta investment
GeoPark has applied to join Argentina’s large investment incentive regime with a plan to invest more than $1bn in the Vaca Muerta shale formation, aiming to expand oil output sharply over the next three years.
TOYO rejects US solar tariff circumvention claims tied to Ethiopia
TOYO Co., Ltd. (NASDAQ:TOYO) has rejected allegations that it is using Ethiopia to circumvent US solar import duties, after a coalition of American manufacturers filed a petition seeking a formal trade investigation.
Mexico’s Pemex reports brief fire at Olmeca refinery during maintenance, quickly contained
Lebanon faces 7% GDP slump as economic crisis compounded by Iran war
Lebanon's economy, already carrying $70bn in financial sector losses from its 2019 banking collapse, is absorbing a second major shock from the Iran war.
ING says Kazakhstan gaining on elevated commodity prices, Uzbekistan faces higher import costs
Rising commodity prices and stronger portfolio inflows are improving external balances and supporting currencies across several CIS economies, outlook says.
Kazakhstan’s Kashagan oilfield to suspend production for maintenance
Kazakhstan’s Kashagan oilfield, the country’s second-largest oil producer, is reported to be set to halt production for over four weeks beginning in June to conduct planned maintenance work.
Kenya transport sector strike and fuel protests leave at least four dead
At least four people were reported dead in Kenya on May 18 as protests over rising fuel prices spread across several towns and cities, disrupting transport networks and forcing thousands of commuters to walk to work after a nationwide matatu strike
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