TAG Oil extends the BED-1 evaluation period until October 2028, committing to drill two new wells before deciding on full-scale development of the Abu Roash F reservoir.
A $400 million natural gas pipeline connecting Israel to Cyprus, with a capacity of 1 billion cubic meters per year, is awaiting government approvals, according to Energean’s CEO.
Swiss trader Gunvor will acquire Lukoil’s African stakes as the Russian company retreats in response to new US sanctions targeting its overseas operations.
Scatec strengthened growth in the third quarter of 2025 with a significant debt reduction, a rising backlog and continued expansion in emerging markets.
QatarEnergy has acquired a 40% stake in the North Rafah offshore exploration block, located off Egypt’s Mediterranean coast, strengthening its presence in the region in partnership with Italian group Eni.
The reactor vessel for Unit 1 at Egypt’s El Dabaa nuclear plant has been delivered following a 20-day maritime transport from Saint Petersburg, marking a critical milestone in the country’s energy project.
The carrier uses mass balance and Book & Claim allocation to test demand, structure certified revenues, and prepare domestic capacity targeted for 2026 amid already intensifying regional competition.
Ghana aims to secure $16 billion in oil revenues over ten years, but the continued drop in production raises doubts about the sector’s long-term stability.
During his visit to Tokyo, the SCZONE chairman presented industrial and logistics projects aimed at establishing the Suez Canal as a regional hub for alternative fuels and supply chains.
Jordan can export electricity if three conditions align: fuel availability for its power plants, measurable system surplus, and a functional transit framework via Syria to Lebanon with clear metering and settlement rules.
The Egyptian government and UAE-based K&K have signed an agreement to finalise studies for an electricity interconnection project linking Egypt to Europe via Italy.
Prolonged attacks on fuel convoys have depleted stocks, destabilised power generation and disrupted economic activity in Bamako and surrounding regions.
Voltalia has entered a strategic partnership with IFC to develop tailored renewable energy projects for the mining sector across several African countries.
Egypt’s petroleum ministry will launch 480 exploration wells by 2030 with investments exceeding $5.7bn, aiming to revive production and reduce reliance on imports.
Société Ivoirienne de Raffinage receives major funding to upgrade facilities and produce diesel fuel in line with ECOWAS standards, with commissioning expected by 2029.
Norwegian developer Empower New Energy expands in North Africa with a strategic partnership involving ten industrial solar sites for self-consumption in Tunisia.
The 50 MW Kong solar power plant marks a new step in Côte d’Ivoire’s national grid expansion, with CFA37bn ($60.5mn) in funding and commissioning set for early 2027.
New Delhi plans to allocate INR6.4tn ($77bn) to develop transmission infrastructure for 76 GW of electricity from the Brahmaputra Basin by 2047, amid growing cross-border pressures.
Article 6 converts carbon credits into a compliance asset, driven by sovereign purchases, domestic markets, and sectoral schemes, with annual demand projected above 700 Mt and supply constrained by timelines, levies, and CA requirements.
Senegal's oil sector is undergoing a rapid transformation, with crude oil exports rising to 100,000 barrels per day.
This development raises crucial issues for the world market and the country's economic future.
AMEA Power signs agreements with the Egyptian Electricity Transmission Company for a 1,000 MW solar project and 600 MWh energy storage, setting a significant milestone for energy infrastructure in Africa.
Scatec and Egyptian Electricity Transmission Company sign an agreement for a 1 GW and 100 MW/200 MWh hybrid solar and storage project in Egypt, marking a key development in the country's energy sector.
The positions of hedge funds in European natural gas are having a major impact on price volatility.
European Union regulators are considering new measures to limit these fluctuations.
EliTe Solar launches a $150 million project for an 8 GW solar plant in Egypt.
The aim is to boost its production capacity and optimize its global supply chain, while supporting Egypt's energy ambitions.
Bangladesh resumes LNG imports on the spot market after a two-month pause.
A change in procurement rules aims to ensure greater transparency in the supplier selection process.
Astronergy supplies 1 GW of solar modules to Algeria, supporting the development of 2,000 MW of photovoltaic power plants as part of the country's energy strategy.
Tsuchiyu Onsen, a Japanese region renowned for its hot springs, is implementing a strategy to integrate geothermal production into its tourism sector, illustrating a local energy management model.
Egypt, faced with an energy crisis due to a drop in gas production, depends on financing from Saudi Arabia and Libya to secure its purchases of liquefied gas.
According to Rystad Energy, demand for hydrocarbons will remain high.
Premium energy basins such as Rub Al Khali and Gulf Deepwater are identified as strategic targets for maintaining production while reducing CO2 emissions.
Algeria joins the New BRICS Development Bank, seeking to diversify its sources of financing and strengthen its position on the international financial scene.
A power failure paralyzes Nairobi and six regions of Kenya, affecting millions of people.
Backup systems at Jomo Kenyatta airport ensure continued operations.
The Aphrodite gas field in Cyprus' EEZ is at the center of complex negotiations between the Chevron-Shell-NewMed consortium and the Cypriot government, following differences over the proposed development plan.
Paraguay, with its low-cost hydroelectricity, has become a center for cryptomining, attracting investment while fighting illegal drifts and corruption in its energy sector.
Liquefied natural gas (LNG) prices in Asia continue to climb relative to the US, buoyed by geopolitical tensions and global supply disruptions, reflecting an energy market under pressure.
Ethiopia completed the filling of the Grand Barrage de la Renaissance (GERD) reservoir, increasing electricity production to 1,550 MW.
This progress, achieved despite objections from Egypt and Sudan, aggravates geopolitical tensions over control of the Nile's water resources.
Masdar and Infinity Power sign a PPA with the Egyptian Electricity Transmission Company to build a 200 MW wind farm in Ras Ghareb, consolidating Egypt's energy supply.
Egypt's Prime Minister, Mostafa Madbouly, announces a strategy to restore oil and gas production to previous levels by 2025, in collaboration with international partners.
Summit Group, a key player in the Bangladeshi energy sector, is reassessing its plans to import renewable energy following a regulatory amendment in India, upsetting cross-border investment forecasts.
