Latest Stories

Thai firms develop hotels at fuel hubs

18 February 2026

PTT Oil and Retail Business Public Company Limited (OR) and Central Plaza Hotel Public Company Limited (Centel), both listed on the Thai stock exchange, have unveiled plans to establish a joint venture aimed at developing and operating budget hotels

Russian coal exports to India jump 63% in January

18 February 2026

Russian coking coal supplies recover in India and China amid disruptions in Indonesian exports

COMMENT: US strike on Iran is all but inevitable with Trump backed into a corner

18 February 2026

As the Iranians continue to make military threats while blocking off the crucial oil transit point of the Strait of Hormuz, it appears that US President Donald Trump will inevitably launch an attack on Iran.

SiS strengthens renewable supply chain in Thailand

18 February 2026

As Thailand accelerates its shift towards cleaner energy, SiS Distribution (Thailand) Public Company Limited has strengthened its renewable energy operations with the opening of two Solar Distribution Centres in Ubon Ratchathani and Khon Kaen

Turkey’s TPAO, Shell sign deal to explore in Bulgaria’s Black Sea zone

18 February 2026

Turkish Petroleum Corporation (TPAO) has signed a partnership agreement with Shell to explore oil and natural gas deposits in Bulgaria’s exclusive economic zone in the Black Sea.

Oil prices surge as Iran closes down Strait of Hormuz, threatening US imports

18 February 2026

Brent crude oil prices spiked from $66.54 per barrel to $69.23 after Iran partially shut down the Strait of Hormuz during naval drills conducted on February 18.

Canadian minnow Condor Energies discovers previously missed natural gas reservoir at Uzbek legacy field

18 February 2026

Canadian minnow Condor Energies (TSX: CDR) has discovered a previously missed natural gas reservoir at a legacy field in Uzbekistan.

Shell steps up to steady Brazil’s Raízen

18 February 2026

Shell has agreed to inject more capital into its joint venture Raízen, easing its earlier stance of matching contributions with partner Cosan.

Australian orders halt to gas exports from Wandoo field after oil spill

18 February 2026

Australia’s offshore regulator has ordered a halt to gas exports from the Wandoo field off Western Australia after an oil spill last year, citing what it described as “systemic failures” by the operator.

Japan's Inpex predicts 75% surge in LNG demand by 2035

18 February 2026

Japan’s Inpex expects global demand for LNG to rise by about 75% to roughly 700mn tonnes per year by 2035.

Argentine LNG emerges as next frontier in hydrocarbon sector boom

18 February 2026

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

18 February 2026

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

18 February 2026

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

18 February 2026

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

18 February 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

18 February 2026

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

18 February 2026

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

18 February 2026

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

18 February 2026

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

18 February 2026

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

18 February 2026

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

18 February 2026

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.