Latest Stories

Brazil’s Petrobras expands diesel partnerships as refinery boosts low-sulphur output

12 January 2026

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

12 January 2026

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)

Nigeria LNG accelerates completion of $10bn Train 7 project

12 January 2026

Nigeria LNG Limited is intensifying efforts to complete its $10bn Train 7 expansion on Bonny Island

Nigeria’s Seplat shares rise 6.2% in early 2026 after Heirs stake acquisition

12 January 2026

Seplat Energy’s (NGX: SEPLAT, LSE: SEPL) shares rose 6.2% on the NGX in the first trading week of 2026, reaching a 52-week high.

Samruk-Kazyna sovereign wealth fund no longer owns future operator of Kazakh NPPs

12 January 2026

Samruk-Kazyna, Kazakhstan’s sovereign wealth fund, no longer holds ownership of Kazakhstan Nuclear Power Plants (KNPP), the entity designated to operate and own all the nuclear power plants (NPPs) that will be built in the country.

Azerbaijan inaugurates its largest wind farm to date

12 January 2026

240 MW Khizi-Absheron wind farm to meet rising domestic demand and enable higher electricity exports.

QatarEnergy expands mediterranean footprint with Lebanese offshore venture

12 January 2026

Following the formal signing of a new maritime exploration agreement, QatarEnergy has officially increased its strategic presence in the Levant Basin by entering a second Lebanese offshore concession.

Singapore car buyers reconsider petrol vehicles amid EV cost and charging concerns

12 January 2026

Around 32% of car buyers in Singapore plan to purchase internal combustion engine (ICE) vehicles within the next two years, up from 26% in 2024, according to EY’s 2025 Mobility Consumer Index (MCI) released on January 9

Vale to finalise $5bn sustainable iron facility in Oman in 2026

12 January 2026

Brazilian mining titan Vale is set to reach a definitive funding conclusion on its massive low-carbon iron development in Duqm by the close of 2026.

Brazil oil and gas output rises nearly 14% in November

12 January 2026

Brazil's oil and natural gas production reached 4.921mn barrels of oil equivalent per day in November 2025, with crude output climbing 13.9% from the same month a year earlier despite a monthly decline, according to the oil and gas regulator/

Brazil oil regulator prioritises pre-salt development amid budget constraints

12 January 2026

Brazil's oil and gas regulator the ANP is prioritising the full development of the country's pre-salt reserves while navigating severe budget constraints, according to the agency's director.

Bangladesh’s LNG import bill climbs to $3.88bn in 2025 as gas demand outpaces supply

12 January 2026

Bangladesh’s interim government spent about $3.88bn to import 109 LNG cargoes in 2025, up from $3.02bn for 86 cargoes in 2024, as higher industrial demand and falling domestic gas output increased reliance on overseas supplies

NTPC plans $1.1bn coal-to-synthetic natural gas plant in India

11 January 2026

NTPC will set up a coal-to-synthetic natural gas (SNG) facility at Talaipalli in Chhattisgarh with an estimated investment of around INR100bn ($1.1bn), as the state-run power producer moves ahead with plans to commercialise coal gasification

Junta pushes oil and gas cooperation amid disputed elections in Myanmar

11 January 2026

Despite widespread international criticism of Myanmar’s military-led elections, the country’s ruling junta is continuing to strengthen economic and energy partnerships with regional and extra-regional powers.

Vietnam flags delays to nuclear Plans, seeks Russian agreement after Japan exit

11 January 2026

Vietnam’s Prime Minister Pham Minh Chinh has warned of setbacks in the country’s nuclear power ambitions and called for talks with Russia to be concluded by January

India’s non-fossil power capacity jumps 23% to record 266.8 GW in 2025

11 January 2026

India recorded a milestone year in its clean energy transition in 2025, with installed non-fossil fuel capacity rising to a record 266.78 GW, up 22.6% from 217.62 GW a year earlier, according to a government press release issued on January 10

Brazilian regulators halt Petrobras Amazon drilling pending spill investigation

11 January 2026

Brazil's oil industry regulator the ANP has blocked Petrobras from resuming drilling operations in the environmentally sensitive Foz do Amazonas Basin until the state-owned oil producer clarifies the cause of a synthetic fluid spill.

Venezuelan bondholders ready for debt talks as securities surge 30%

11 January 2026

A key group of Venezuelan bondholders has said they were ready to start debt restructuring talks as the nation's default-stricken bonds surging more than 30% while state-owned oil company PDVSA's 2026 bond rose nearly 40%.

Shell narrows fourth-quarter LNG production estimates

11 January 2026

The world’s largest LNG trader, Shell, has narrowed its estimates for LNG production during the fourth quarter.

IOC consortium signs exploration deal for Lebanon’s Block 8

11 January 2026

A consortium led by TotalEnergies has formalised an entry into Block 8 offshore Lebanon

TPAO and ExxonMobil sign deal for offshore exploration

11 January 2026

Turkiye's TPAO has formalised a strategic partnership with a subsidiary of ExxonMobil for offshore exploration