Latest Stories

South Africa’s IDC seeks buyers for 10.2% stake in Namibia’s Rössing Uranium

29 January 2026

South Africa’s Industrial Development Corporation has invited expressions of interest to acquire its 10.2% stake in Namibia’s Rössing Uranium mine, one of the world’s longest-running uranium operations.

ExxonMobil targets bringing more CCS projects online in 2026

29 January 2026

ExxonMobil has provided an update on its progress in the carbon capture and storage (CCS) space, including milestones reached in 2025, as well as plans for 2026.

TAPI project stretch running from Turkmenistan to Herat, Afghanistan reported as ready for pipe installation

29 January 2026

A 91-kilometre (56-mile) stretch of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline route running from Turkmenistan to the oasis city of Herat in northwestern Afghanistan is said to have been prepared for pipe installation.

Hitachi Energy steps up China push as grid demand surges

29 January 2026

The expansion forms part of the Swiss-based group’s $9bn global investment programme and will add capacity at several strategic locations, including Xi’an in Shaanxi province, Xiamen in Fujian province and Chongqing.

Kazakhstan requests US approval to purchase Russian Lukoil’s local assets

29 January 2026

Kazakhstan has formally approached US regulators to seek approval to purchase Russian oil group Lukoil’s interests in the country’s energy assets, Reuters reported on January 28.

Glenfarne hits more milestones with Alaska LNG

29 January 2026

Glenfarne has announced a series of moves related to the proposed Alaska LNG project.

TEPCO vows deep cuts and asset sales in approved turnaround plan

29 January 2026

Japan’s government has signed off on a fresh restructuring plan for Tokyo Electric Power Company, backing a sweeping overhaul aimed at restoring the utility’s financial footing while preparing it for a surge in power demand.

Qatar, Saudi Arabia unite to accelerate regional carbon market growth

29 January 2026

A transformative collaboration between the Doha-based Global Carbon Council (GCC) and the Riyadh-headquartered Regional Voluntary Carbon Market Company (VCM) is reshaping the Middle East’s environmental finance landscape.

ExxonMobil unit reportedly seeking buyers for certain Eagle Ford assets

29 January 2026

ExxonMobil’s shale-focused subsidiary, XTO Energy, is reportedly looking for buyers for some of its assets in Texas’ Eagle Ford play.

Colombia's Ecopetrol, Frontera Add 18MW from Quifa solar project in Colombia

29 January 2026

Ecopetrol and Frontera Energy will incorporate 18 megawatts of capacity from the Quifa solar farm in eastern Colombia during the first quarter of 2026, strengthening their self-generation capacity and advancing the country’s energy transition

Japan’s Mitsui exits Oman energy blocks in $148mn divestment

29 January 2026

Oman’s terrestrial energy sector is seeing a change in partnership as Japan’s Mitsui & Co. concludes its involvement in three local hydrocarbon concessions.

Energy Development Oman secures $650mn via decade long sukuk

29 January 2026

Energy Development Oman, manager of the key Block 6 assets, has secured $650mn through a 10-year sukuk due January 2036. This deal supports its capital strategy, diversifies funding, and covers annual costs while bridging state and energy interests.

Colombia’s TGI Signs Deal With Hocol for LNG regasification plant in La Guajira

29 January 2026

Colombia’s Transportadora de Gas Internacional (TGI), a unit of Grupo Energía Bogotá, has signed a connection and access agreement with Hocol, an Ecopetrol subsidiary, to install a liquefied natural gas regasification plant in La Guajira

India and Canada relaunch ministerial energy dialogue

29 January 2026

India and Canada have agreed to deepen cooperation across conventional and clean energy sectors, relaunching the India-Canada Ministerial Energy Dialogue on the sidelines of India Energy Week 2026

India to scrap fixed clean energy tender targets amid growing project backlog

29 January 2026

India will move away from setting fixed annual targets for clean energy tenders after repeatedly missing auction goals and building up a substantial backlog of projects without confirmed buyers

Turkey matches European average for EV sales as percentage of new car sales

28 January 2026

Turkey last year emerged as Europe’s fourth-largest market for electric vehicles (EVs). Nearly 190,000 units were sold, according to an analysis by London-based energy think tank Ember.

Mongolia announces 2026 coal, copper and iron ore production targets

28 January 2026

Mongolia plans to produce 90mn tonnes of coal, 1.9mn tonnes of copper concentrate and 9.4mn tonnes of iron ore in 2026, the Ministry of Industry and Mineral Resources (MIMR) has announced.

Tajikistan looks set to withdraw National Bank reserve funds to inject finance into Rogun hydro megaproject

28 January 2026

Dushanbe looks set to withdraw funds from the reserve fund of the National Bank of Tajikistan to provide an injection of finance required by its Rogun hydroelectric power megaproject.

Document suggests delays may be creeping into plan for Russia to build Uzbekistan’s first nuclear power plant

28 January 2026

A start on the construction of Uzbekistan’s first nuclear power plant (NPP) could be delayed by up to nine months, with the first concrete pour moving from March to December.

Croatia plans to build a gas interconnection with Serbia

28 January 2026

Croatia is planning to build a gas interconnection with Serbia that would give Belgrade access to the liquefied natural gas (LNG) terminal on Krk island, Croatian Economy Minister Ante Šušnjar said on January 27.

Chevron ramps up Venezuelan crude flows to US

28 January 2026

Chevron Corp. has sharply increased shipments of Venezuelan crude to the US, deploying its largest tanker fleet in nearly a year as Washington deepens its oversight of the country’s oil sector following the capture of Nicolás Maduro

Venezuela debt rally signals opening for historic restructuring after Maduro ouster

28 January 2026

Venezuelan bonds, long treated by investors as a speculative bet on a deeply troubled economy, surged after a pre-dawn US operation in Caracas removed President Nicolás Maduro, reviving expectations of a sweeping debt overhaul