Latest Stories
Antero shakes up Appalachian shale portfolio
Antero Resources and Antero Midstream have announced a set of major transactions centred on Appalachia
Rockhopper and Navitas confirm FID on Falkland Islands' Sea Lion field
Rockhopper Exploration and operator Navitas Petroleum have approved their final investment decision on the Sea Lion field offshore the Falkland Islands. This marks a pivotal milestone for a project that has missed FID deadlines repeatedly since 2016.
Nigeria sees strongest petrol supply since mid-2024 on higher refinery contributions and imports
Nigeria’s domestic petrol supply rose sharply in November 2025, supported by stronger refinery contributions and a surge in imports, according to NMDPRA data.
Dana Gas reports Egypt discovery valued at up to $67mn as Nile Delta output outlook improves
Shell looking to unwind CPC-stake-owning joint venture with Russia’s Rosneft
Shell is seeking to unwind a joint venture with Russia’s Rosneft that holds part of the company’s stake in the Caspian Pipeline Consortium (CPC), Reuters reported on December 10, citing a source familiar with the discussions.
Romania extends OMV Petrom's onshore licenses in exchange for higher royalties, under broader agreement
Romania's Government said that it had approved measures to “rebalance the cooperation” with OMV Petrom for the next 15 years, following what it described as a principled agreement intended to support the country’s energy independence.
Shell reportedly in talks to acquire LLOG in US Gulf expansion
Shell is reported to be in talks to acquire privately held US player LLOG Exploration Offshore
McDermott wins major subsea EPCIC contract for Brunei gas development
McDermott(MCDIF) has been awarded a significant subsea contract for a natural gas development project offshore Brunei Darussalam, following its earlier completion of front-end engineering design (FEED), optimisation studies and readiness planning
Putin affirms Russia’s readiness to support Indonesia’s civil nuclear energy plans
Russian President Vladimir Putin has reaffirmed Moscow’s commitment to assist Indonesia in developing nuclear power facilities, noting that Indonesia has outlined plans to expand its civil nuclear technology capabilities
BYD strengthens ASEAN presence with new EV manufacturing plant in Malaysia
BYD is further expanding its footprint across Southeast Asia by constructing a new electric vehicle plant in Malaysia. The facility, located in KLK TechPark, Tanjong Malim, spans roughly 600,000 square metres.
Sri Lanka secures $30mn World Bank loan to strengthen power grid
India's PM-KUSUM scheme installations reach 10,203 MW
India has installed a total of 10,203 MW under all components of the PM-KUSUM scheme up to November 30, 2025, according to Union Minister of State for New and Renewable Energy Shripad Yesso Naik
India advances SMR programme with BARC-led designs
India has moved a step closer to deploying small modular reactors, with Minister of State Jitendra Singh telling both houses of parliament that the country has adopted light water, pressurised water reactor technology as its preferred SMR route
Challenger Energy welcomes Uruguay seismic permits
The Isle of Man–based company said the Uruguayan Ministry of Environment had authorised several seismic contractors to begin data acquisition in national waters, including permission to carry out 3D seismic surveys over the AREA OFF-1 block
US seizure of Venezuelan tanker escalates standoff with Maduro
Trump offered no details on the ship’s destination or cargo but warned that “there are other things happening, you’ll see them later”
Iran boosts South Pars output after new wells come online
Natural gas extraction from Iran’s South Pars field surged by 3mn cubic metres (mcm) per day after the state-run Pars Oil and Gas Co. (POGC) brought two new wells onstream in Phase 13 of the colossal offshore asset, the company’s CEO said.
Iran cuts reliance on imported products via reverse engineering
Iran has considerably reduced its reliance on imported parts for its oil, gas and petrochemical sectors, the head of the Pars Special Economic Energy Zone (PSEEZ), Sekhavat Assadi, said.
TotalEnergies to take 40% stake and operatorship of Namibia’s PEL 83 in deal with Galp
TotalEnergies has agreed to acquire a 40% stake and operatorship of Namibia’s PEL 83 from Galp Energia, joining NAMCOR, Custos Energy and Sintana in one of the Orange Basin’s most closely watched licences.
Georgia to write off $360mn in energy sector debts under strict conditions
The ruling Georgian Dream government will write off around one billion Lari ($360 million) in debts accumulated by companies developing renewable energy projects, but only if they meet newly revised deadlines and avoid incurring additional penalties.
Equinor rolls out Brazil hybrid power push
Equinor has begun commercial output at its first hybrid renewables site, combining solar and wind generation in Brazil, the company said.
Montenegro adopts key energy and climate reforms to advance EU alignment
Montenegro has adopted two major strategic documents that government officials say are a decisive step forward in aligning the country with EU energy and climate policies.
Morocco launches FSRU and pipeline tenders as it targets 2027 LNG import start
Morocco has issued international tenders to procure an FSRU and build a national gas pipeline network as it works toward commissioning its first LNG import terminal by 2027.
BYD’s Turkey EV factory investment showing new life after stagnation, says trade association head
Discussions on Chinese electric vehicle (EV) giant BYD’s planned factory investment in Manisa, western Turkey, have regained momentum, according to Yakup Birinci, chairman of the Automotive Suppliers Association of Turkey (Taysad).
UN reports global decline in deforestation over past decade, raising hopes for forest recovery
The pace of global deforestation has slowed significantly over the past ten years, offering a rare source of optimism in the fight against climate change, according to a report published by the United Nations Food and Agriculture Organization (FAO).
Follow us online