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Kuwait’s KOC provides update on well drilling
Kuwait Oil Co. (KOC) has completed 1,337 oil wells over the past three years
Uzbekistan, Tajikistan, Kyrgyzstan and IAEA commit to safe uranium site management
The International Atomic Energy Agency (IAEA) is set to maintain work with Kyrgyzstan, Tajikistan and Uzbekistan on the safe management of former Soviet uranium mining sites until 2030.
Uzbekistan orders drastic reforms for oil and gas sector
Ensuring energy security and uninterrupted supplies to the economy remain critical priorities for Uzbekistan, the presidential administration said.
Cuba braces for economic collapse as US blocks Venezuelan oil supplies
US President Donald Trump has warned Cuba it will no longer receive oil supplies or financial support from Venezuela, calling on the island's government to negotiate terms with Washington in the aftermath of last week's ouster of Nicolas Maduro.
Gazprom warns of record European gas withdrawals
Russia’s Gazprom said Europe has again set records for daily gas withdrawals from underground storage facilities.
Turkey’s natural gas consumption climbs to record 60-61 bcm in 2025
Households burnt through more than an annual 20 bcm for the first time.
Venezuela floating oil storage surges to three-year high as US tightens control
Venezuelan crude held in floating storage jumped to over 29mn barrels by January 10, up from approximately 20mn barrels earlier in the week, marking the highest level in more than three years as the United States tightened control over the OPEC
Iraq's state-owned Basra Oil takes operatorship of West Qurna-2 from Russia's Lukoil
Saudi Arabia raises natural gas service tariff to SAR1.39 per MMBtu
Natural Gas Distribution Company announces Saudi Arabia has raised natural gas service tariff to SAR1.39 per MMBtu effective January 1, expecting positive impact on first quarter 2026 results.
Gazprom sets new record in gas flows to China via Power of Siberia 1
Russia’s Gazprom has set a new record for daily natural gas deliveries to China via the Power of Siberia trunk pipeline, following a continued ramp-up in exports to its largest Asian customer.
Uzbekneftegaz reports record gas flow from new exploration well
Uzbekistan’s state energy company Uzbekneftegaz has recorded an industrial inflow of natural gas from another new exploration well in the Ustyurt region.
Serbia to receive new shipments of crude oil as NIS resumes operations
Serbia is set to receive around 85,000 tonnes of crude oil this week through the Adriatic Pipeline (JANAF) after a temporary US licence allowed the Russian-owned Oil Industry of Serbia (NIS) to restart operations.
China’s Dongfang Wind Power to supply turbines for Serbia’s largest wind farm
Chinese state-owned company Dongfang Wind Power has signed a contract to deliver 48 wind turbines for a 300-megawatt (MW) wind power project in Serbia worth €495mn, local media reported on January 12.
Angola signs power purchase deal for 150MW solar project with UAE firm Masdar
UAE clean energy group Masdar has signed a power purchase agreement (PPA) for its 150-megawatt (MW) Quipungo Solar Photovoltaic project in Angola, it announced on January 11.
Nigeria’s Eterna Plc launches $14.3mn rights issue to fund downstream expansion
Nigeria’s Eterna Plc (NGX:ETERNA) has launched a $14.3mn rights issue to fund retail network expansion, LPG assets and lubricant plant upgrades as fuel market deregulation reshapes the downstream sector.
Data centre boom can position Africa as key player in global digital economy, says AEC
China-backed OrPower 22 to add 35MW geothermal power to Kenya grid in March
China-backed OrPower 22 will start supplying 35MW of geothermal electricity to Kenya Power (NSE:KPLC) from March 2026 after completing its $92mn plant at Olkaria.
Iranian firm claims breakthrough in petrochemical technology, IRGC cyber unit reports
Iranian firm claims breakthrough in petrochemical separation technology according to IRGC cyber unit, though claims could not be independently verified and timing raises questions about credibility.
Guyana's oil and gas sector expected to be stabilised from US action in Venezuela
The capture of Venezuelan President Nicolás Maduro by US forces is believed to have substantially reduced geopolitical risks threatening Guyana's rapidly expanding oil sector.
Ghana pays $1.47bn to clear energy debt, restore World Bank guarantee under Mahama
Ghana paid $1.47bn in 2025 to stabilise its energy sector, clearing arrears and restoring a $500mn World Bank guarantee that underpinned the Sankofa gas project.
Solstad extends Brazil’s Petrobras vessel contract by one year
Norwegian offshore vessel owner Solstad Offshore has extended its contract with Brazil’s state-owned oil company Petrobras for the anchor handling tug supply vessel Normand Turquesa by one year, pushing the total deal's value to around $100mn.
Brazil’s Petrobras expands diesel partnerships as refinery boosts low-sulphur output
Brazil's state-owned oil company Petrobras has signed a contract with Vale to supply diesel for the mining major’s operations in Minas Gerais while boosting production capacity of low-sulphur fuel by 80% at its Henrique Lage refinery.
Egypt exports new LNG cargo to Canada as gas output expansion gains pace
Egypt exported a new liquefied natural gas (LNG) cargo from the Idku LNG complex on the Mediterranean coast, destined for Canada on behalf of France’s TotalEnergies (TTE: EPA)
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