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Brazil flags risks from energy shocks
Brazil supports guidance for central banks to factor in energy price shocks when setting policy, given uncertainty over their duration, Finance Minister Dario Durigan said.
Fuel surge slows, but gaps persist in Brazil
Venezuela engages oil majors ConocoPhillips and ExxonMobil as sector reform draws foreign interest
Delcy Rodríguez said authorities have been holding discussions with multiple companies and recently signed an agreement with Chevron to expand its operations
Brazil opens hydrogen plant
White Martins has opened a green hydrogen plant in Jacareí, São Paulo state, marking its second facility in Brazil and its first at industrial scale, the company said.
Iran hardliners attack Araghchi's Hormuz tweet as 'incomplete and misleading'
Iranian hardline media have criticised Foreign Minister Araghchi for posting an incomplete tweet announcing the reopening of the Strait of Hormuz, calling it poor communication and demanding tighter messaging control.
Iran reopens Strait of Hormuz to commercial shipping under ceasefire terms
Iran has reopened the Strait of Hormuz to commercial shipping for the rest of the two-week ceasefire under three conditions, with Trump saying the US naval blockade will remain in force against Iran only.
Istanbul-listed Aygaz to acquire two more LPG vessels from Korea’s Hyundai Samho for $234mn
Turkey’s Aygaz (AYGAZ) has signed a shipbuilding contract with South Korea’s HD Hyundai Samho for the construction of two liquefied petroleum gas (LPG) transportation vessels, Aygaz said on April 15.
Togo launches solar minigrid tender for 27 rural sites
Ankara proposes grand rewiring of Middle East energy export map amid Hormuz blockade
Turkey wants to see a slew of Gulf and other pipelines converge on its territory to ensure the world will never again be cut off from sufficient oil and gas.
Bahrain launches eight government tenders, including for oil company Bapco
Bahrain's Tender Board launched eight government tenders, with bids spanning infrastructure redevelopment, specialist education procurement, and media broadcasting rights, as well as national oil company Bapco.
Rwanda warns of troop withdrawal from Mozambique amid EU funding uncertainty
Rwanda has warned it could withdraw troops from Mozambique’s Cabo Delgado province if funding from the European Union is not sustained, raising concerns over the security of LNG projects.
ReconAfrica targets June testing at Namibia discovery as multi-basin strategy expands
Reconnaissance Energy Africa Ltd (TSX-V:RECO)is advancing production testing at its Kavango West 1X discovery in Namibia, with results due by June that could support a development decision, while expanding exploration activity.
President Sheinbaum assembles 17-expert panel to assess fracking viability within two months as debate intensifies
Mexico's Pemex spending collapses 56% in first two months of 2026 as infrastructure investment hits lowest level since 2007
Nigerian airlines warn of shutdown as jet fuel costs spike
Nigeria’s domestic airlines have warned they may suspend operations from April 20, citing surging Jet A1 fuel prices and what they describe as unfair practices by fuel suppliers that have made flights commercially unviable
Nigeria leaves majority of power capacity unused despite slight output rise
Nigeria is leaving nearly 70% of its installed electricity capacity unused, with available supply at 4,089MW in March despite a modest rise in generation in early April
South Korea contacts Mexico and Brazil for energy cooperation as Hormuz disruption bites
Nigeria’s Seplat becomes first business to close above NGN10,000 a share
Seplat Energy (NGX: SEPLAT) has become the first stock in the Nigerian Exchange’s 65-year history to close above NGN10,000 ($7.79) a share, following a sharp re-rating tied to local billionaire Tony Elumelu’s entry through Heirs Energies.
Ghana gas plant failure triggers power disruptions
A major technical fault at Ghana’s main gas processing plant has forced an emergency shutdown, disrupting fuel supply to thermal power producers and triggering outages in parts of the country.
Nigeria states take control of local power regulation
Fifteen Nigerian states have assumed control of their local electricity markets under the Electricity Act 2023, shifting licensing, tariff setting and consumer protection to state authorities
South America turns to LPG to support energy transition and curb fuel volatility
South American countries are increasingly turning to liquefied petroleum gas (LPG) as part of their energy transition strategies and to mitigate fuel price volatility.
Argentina taps Naturgy in LNG tender to secure winter gas supply
Argentina has moved to secure natural gas supplies for the upcoming winter after Spain’s Naturgy submitted the lowest bid in a tender to import liquefied natural gas (LNG).
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