Latest Stories
Argentine LNG emerges as next frontier in hydrocarbon sector boom
Following the sealing of a joint agreement for the Argentina LNG project, it appears that LNG is emerging as the next frontier of the South American country's hydrocarbon sector boom.
Chevron, HELLENiQ sign deal to hunt for gas offshore Greece
A consortium led by US oil major Chevron has signed exclusive lease agreements with Greece to explore for natural gas offshore southern Greece.
Repsol receives first Venezuelan crude shipment since Maduro’s fall
Spain’s Repsol received its first cargo of Venezuelan crude since the removal of former president Nicolás Maduro, as the tanker Folegandros docked at the Port of Bilbao.
European Parliament approves 90% emissions cut target for 2040
The European Parliament last week approved amendments to the EU Climate Law that would require the bloc to cut greenhouse gas emissions by 90% by 2040 compared with 1990 levels.
Norway to see dip in oil, gas investment in 2026
Norwegian oil and gas investment is set to fall this year and next as a wave of major field developments reaches completion and fewer new projects enter the pipeline.
Eni eyes return to oil and gas trading
Italian energy group Eni is considering a return to oil and gas trading as it looks to capture the outsized profits earned by rivals BP, Shell and TotalEnergies amid heightened price volatility driven by geopolitical tensions.
Tanzania PM warns foreign firms against exploiting EACOP opportunities as pipeline nears operational stage
Tanzania’s Prime Minister Dr Mwigulu Nchemba has warned that foreigners registering companies under local names to exploit opportunities from the East African Crude Oil Pipeline (EACOP) will face strict action
Former UK PM Blair's thinktank urges changes in oil and gas policy
A new report from the Tony Blair Institute for Global Change calls for a reset of the UK;'s energy strategy, urging the government to rethink its oil and gas policies to improve affordability, security and economic competitiveness.
South African miner Sibanye-Stillwater secures 401GWh renewable supply in deal with NOA Group
Sibanye-Stillwater has secured a 401GWh-per-year renewable energy supply agreement with NOA Group, expanding its clean energy portfolio and accelerating a broader shift in South Africa’s mining sector toward private power procurement.
Eni announces significant hydrocarbon discovery offshore Côte d'Ivoire
Italian integrated energy company Eni on February 16 announced a significant gas and condensate discovery in Côte d'Ivoire.
Nigeria court appoints administrator over $25.5mn oil JV debt dispute
A Nigerian court has placed Green Energy International and Lekoil under interim administration over an alleged $25.5mn debt, a move that could disrupt operations at the Otakikpo field.
Eco Wave targets 8.3MW wave energy project at South Africa’s Ngqura port
Eco Wave Power (NASDAQ:WAVE) has identified potential for an 8.3MW wave energy project at South Africa’s Port of Ngqura, marking a possible entry into the African market as the country seeks to diversify beyond wind and solar.
Philippines targets 25GW in new renewable auctions
The strategy was outlined at the 2026 Renewable Energy Investment Forum and follows the conclusion of GEA-4, which awarded 10.2GW of capacity spanning solar, wind and energy storage technologies.
Delhi regulator approves pilot for P2P solar trading
The Delhi Electricity Regulatory Commission has approved a mechanism to enable peer-to-peer solar energy trading on a six-month pilot basis, marking a further step in the liberalisation of distributed power markets in the Indian capital.
Kazakhstan to lift annual oil refining capacity to 40mn tonnes by 2033
Kazakhstan has brought forward plans to expand its oil refining industry. It aims to lift annual processing capacity to 40mn tonnes by 2033 — seven years ahead of the previous 2040 target.
Sarytogan Graphite reports upgrade at flagship deposit in Kazakhstan
Sarytogan Graphite has secured an upgrade at its flagship deposit in central Kazakhstan, reporting a revised JORC-compliant mineral resource that includes a reserve of 5.4mn tonnes grading 28.3% total graphitic carbon (TGC).
Czech minister of industry offers Slovakia oil supplies via Druzhba pipeline
Slovakia's oil supplies via the Russian Druzhba have been disrupted since the end of January, following Russia’s military operations in the east of Ukraine.
Czech Dukovany nuclear enhancement project progresses according to plans, say Havlíček
Suriname's oil and gas sector growth could be crippled by fiscal policy missteps, IMF warns
The International Monetary Fund has cautioned that Suriname's offshore oil windfall could be significantly undermined by deteriorating fiscal and monetary discipline.
US backs SMR push in the Philippines with $2.7mn in tech funding
The US Trade and Development Agency has committed a total of $2.7mn in technical assistance funding to Meralco PowerGen Corp in the Philippines to help evaluate US small modular reactor designs.
China ramps up imports of Russian crude in February
Independent Chineses refineries reportedly ramp up purchases of cheap Russian oil snubbed by India
Laos expands renewable energy with solar agreement
On February 11, Laos’ state electricity company signed an agreement with a South Korean private firm to develop a 100-megawatt (MW) solar power plant in Oudomxay Province, marking another step in the country’s renewable energy
India to add 30 hydrogen buses and trucks under green hydrogen mission pilots
India will approve 30 additional hydrogen-powered buses and trucks under the National Green Hydrogen Mission, expanding pilot projects aimed at testing hydrogen as a clean fuel solution for heavy commercial vehicles.
Iran to invest $8bn in gas fields to ease petchem feedstock shortfall
The Iranian petrochemical industry plans to invest $8bn to help develop two newly discovered gas fields in the south of the country in a bid to secure feedstock supplies, a union leader said.
Iran’s ICOFC sets record with gas field developments
The Iranian Central Oil Fields Co. (ICOFC) has set a new record by developing three greenfield gas projects in less than 16 months, sharply cutting the time typically required to bring such fields on stream.
Follow us online