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US nuclear services firm opens Vietnam subsidiary
US-based nuclear services provider EXCEL Services Corporation has established a subsidiary in Vietnam, marking its entry into the country as Hanoi advances plans to develop nuclear power to meet rising electricity demand.
Brazil’s Petrobras output hits new record
Petrobras increased its oil and natural gas production by 14% in the second quarter from a year earlier, reaching a record 3.34mn barrels of oil equivalent per day (boepd), as new offshore production units boosted output at Brazil's pre-salt fields.
Syria receives 37,646 tonnes of petrol at Baniyas terminal
A tanker carrying 37,646 metric tonnes of petrol has arrived at Syria's Baniyas oil terminal as the government continues efforts to strengthen fuel supplies and meet domestic demand,
Saudi Aramco temporarily halts production at Jazan refinery
As the war in the Middle East continues to escalate, a new front has opened between Saudi Arabia and Yemen’s Iran-backed Houthi militia, putting one of the Kingdom’s vital energy assets in the crosshairs.
Ghana grid collapse plunges Accra and other major cities into darkness
A major fault on Ghana's national power grid has triggered widespread blackouts, leaving the capital Accra, the commercial hub Kumasi and much of the north without electricity.
AfDB fund provides $2mn for Ethiopia energy-agriculture mini-grid project
The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA) has approved $2mn for a solar mini-grid project combining rural electrification with agricultural irrigation in Ethiopia.
Iraq's Basra crude rises despite decline in global oil prices
Iraq's Basra crude grades edged higher on July 30 despite a decline in global oil prices, with both Basra Heavy and Basra Medium posting modest gains from the previous trading session.
Egypt confirms Damietta Port fire caused by drone strike
The Egyptian Cabinet announced on July 30 that initial investigations into the fire involving two natural gas vessels at Damietta Port confirmed it was caused by an incoming drone strike
AME, EDF launch sale of 115MW Chilean solar plant Santiago Solar
Chilean firm AME and France's EDF Power Solutions Chile have kicked off the sale of Santiago Solar, a 115MWp photovoltaic plant located in Til Til, in Chile's Metropolitan region.
Bolivia arrests former hydrocarbons minister over faulty fuel scandal
Bolivian police arrested former Hydrocarbons Minister Mauricio Medinaceli in La Paz as part of an investigation into the purchase of substandard fuel by Rodrigo Paz's government.
Ex-Ghana refinery chief goes on trial in US bribery case over power plant deal
US prosecutors allege that between 2014 and 2017 Berko help channel payments intended to secure approvals for the development and operation of a power plant in Ghana.
Morocco seeks US, World Bank backing for $26bn African gas pipeline
Morocco is seeking US Exim Bank and World Bank support for the proposed $26bn African Atlantic Gas Pipeline linking Nigeria and West African markets with Morocco and Europe.
Kenya Pipeline Company appoints two Ugandan officials to board
Uganda’s Treasury permanent secretary Ramathan Ggoobi and Energy Ministry permanent secretary Irene Pauline Bateebe joined the board as non-executive directors with effect from July 28.
Shell, Phillips 66 reportedly weighing sale of Explorer pipeline stakes
Shell and Phillips 66 are reportedly exploring a potential a sale of their stakes in the company that owns the Explorer pipeline.
Devon reportedly considering Eagle Ford, Powder River asset sale
Devon Energy is reportedly exploring a sale of its assets in the Eagle Ford shale in Texas and the Powder River Basin in Wyoming.
Nigeria plans 24 new refineries, targets 2.6mn bpd by 2030
Nigeria’s planned refining capacity could rise to 2.64mn barrels per day by 2030 if 24 proposed new refineries backed by $10.74bn in investment are completed.
Paratus exits Mexican drilling business after completing Fontis sale
Paratus completes the sale of Fontis' Mexican drilling business, accelerating its transformation into a pure-play offshore infrastructure services provider with stronger cash flow visibility and a fully contracted PLSV fleet.
Curaçao tests its ambitions to become the logistics backbone of the Guiana Basin oil boom
Curaçao is seeking to capitalise on the Guiana Basin's offshore expansion by offering crude storage, transshipment and maritime services. But without firm operator commitments, its logistics hub ambitions remain a strategic bet.
Zimbabwe miners forecast 50% electricity-demand surge to 1,500 MW
Zimbabwe's mining industry expects its electricity demand to exceed 1,500 MW over the next 12 months as companies expand production and invest in mineral beneficiation, increasing pressure on the country's power infrastructure.
Guyana advances Whiptail development as ExxonMobil begins subsea installation
Subsea installation has begun on ExxonMobil's $12.7bn Whiptail project, advancing Guyana's next major offshore oil development towards first production in 2027 and boosting future output to around 1.3mn bpd.
US gas giant Expand’s evolution continues with Twin Eagle acquisition
Expand Energy is buying Twin Eagle Holdings for $1.25bn in a deal that will turn the US' largest gas producer into a leading gas marketer as well.
ADNOC Drilling revenue rises% in H1 of 2026
ADNOC Drilling posted a record first-half revenue of $2.46bn, up 4% y/y, as the Abu Dhabi-listed drilling and oilfield services company maintained full-year guidance of approximately $5bn.
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