Latest Stories

Namibia’s onshore potential to be highlighted at NIEC 2026 in Windhoek

23 February 2026

Namibia is preparing to host its annual Namibia International Energy Conference (NIEC 2026) on April 14 – 16 in Windhoek. NIEC 2026 offers tangible opportunities for onshore licence holders to progress oil and gas developments.

SDF denies reports of oil equipment transfers from Rmeilan fields to Iraqi Kurdistan

23 February 2026

The Kurdish-led Syrian Democratic Forces (SDF) have firmly denied reports that equipment has been transferred from the Rmeilan oil fields in northeast Syria to Iraq’s Kurdistan Region, dismissing the claims as fabricated.

Kazakhstan to import 300,000 tpy of Russian jet fuel to cover shortage

23 February 2026

Kazakhstan is importing approximately 500,000 tonnes of aviation fuel from Russia to cover a shortage on the domestic market, but plans to eliminate the deficit entirely by 2032.

France releases oil tanker suspected to be part of Russia's shadow fleet

23 February 2026

French authorities have released the oil tanker Grinch, which was seized in January on suspicion of links to Russia’s so-called shadow fleet and the use of a false flag.

Iraq signs deal with US Chevron to develop oil fields

23 February 2026

Iraq signs major agreement with Chevron to develop its oil fields, driving future energy growth. A pivotal partnership for economic and industrial progress.

Canada's Condor strikes gas formation in Uzbekistan

23 February 2026

Canada’s Condor Energies has discovered a previously unidentified gas-bearing formation at the Kumli gas-condensate field in Uzbekistan.

Russian drilling dips to three-year low in 2025

23 February 2026

Russia’s development drilling fell to a three-year low in 2025, reviving questions over whether sanctions, currency strength and weaker profitability could curb oil output growth next year.

BP extends maintenance contract with Turan Drilling off Azerbaijan

23 February 2026

BP has extended its contract with Turan Drilling & Engineering for drilling operations and technical maintenance at offshore platforms in the Azeri sector of the Caspian Sea.

US investor with Trump ties reportedly signed deal on LNG tech with Novatek last year

23 February 2026

US investor Gentry Beach, with ties to US President Donald Trump, said he signed an agreement in autumn 2025 with Russia’s Novatek on the joint development of a natural gas project in Alaska.

Georgia's Black Sea Petroleum taps Honeywell for Kulevi oil refinery design

23 February 2026

Georgian company Black Sea Petroleum announced last week it had agreed with US industrial group Honeywell International on the design and licensing of oil refining technologies for the country’s first large-scale refinery.

Dangote to open refinery ownership to Nigerians within five months

23 February 2026

Nigerians will be able to buy shares directly in the $19bn Dangote Refinery within four to five months, said its billionaire owner, Aliko Dangote.

Solar and wind advance to make up one-third of Turkey’s electricity generation capacity

23 February 2026

Turkey’s electricity system continues to grow rapidly. Solar and wind power now account for more than 40 gigawatts of installed capacity.

Tullow Oil to acquire the TEN FPSO in Ghana for $205mn

23 February 2026

Tullow Oil (LSE:TLW) has agreed to acquire the $205mn FPSO serving Ghana’s TEN fields, aiming to eliminate lease costs and strengthen long-term cash flow as licence extensions to 2040 support continued offshore investment.

Nigeria’s NNPCL faces forensic audit as government tightens oil revenue controls

23 February 2026

Nigeria’s government has launched a forensic audit of the NNPCL and issued a new executive order mandating the direct remittance of key oil revenues to the Federation Account

US energy diplomacy and Venezuela’s oil future

23 February 2026

US Energy Secretary Chris Wright arrived in Venezuela on February 11 for a three-day visit and opened discussions with officials on the oil country's dilapidated oil sector and the future of state-owned oil company PDVSA.

Cuba strangled by oil embargo but official talks with Trump administration have started

23 February 2026

Cuba is confronting one of the gravest energy and humanitarian crises in decades as oil imports have collapsed to zero, public services falter and geopolitical tensions intensify between Havana and Washington.

Venezuela is again the US’s fifth-largest oil supplier but uncertainties remain

23 February 2026

Venezuela has regained its position as the fifth-largest supplier of crude oil to US refineries during the first week of February 2026, according to data from the US government’s Energy Information Administration.

Venezuela’s oil sector attracts significant foreign interest but TotalEnergies opts out

23 February 2026

This follows the US administration's capture of Maduro in January.

Indonesia launches its first ever micro-LNG facility

23 February 2026

The success of the initial development at Pasuruan has already prompted further expansion in Indonesia. Galileo Technologies has already signed a new agreement for a second, larger liquefaction plant on the island of Kalimantan.

Mexican authorities uncover tunnel tapping Pemex pipeline in fuel theft crackdown

23 February 2026

Mexican authorities raided a tunnel used to steal fuel from a state-owned pipeline in rural Hidalgo state, offering a rare glimpse into a long-running battle against a black-market trade dominated by organised crime.

Burundi expands solar-powered healthcare with UNDP-backed hybrid systems

23 February 2026

Burundi has deployed hybrid solar systems at health facilities under a UNDP programme, aiming to improve energy reliability in hospitals and expand access to uninterrupted healthcare services.

EU commits $32.7mn to overhaul Uganda’s Nalubaale-Kiira hydropower complex

23 February 2026

The European Union has committed €30mn ($32.7mn) to rehabilitate Uganda’s Nalubaale-Kiira hydropower complex, aiming to improve output and system stability at one of the country’s oldest electricity generating facilities

Ghana locks in oil output to 2040 as Kosmos eyes $2bn investment boost

23 February 2026

Ghana’s parliament has ratified licence extensions for the West Cape Three Points and Deepwater Tano petroleum agreements, securing production from the Jubilee and TEN fields until 2040, Kosmos Energy said.