Iran

HiTHIUM partners with El-Mor to deploy 1.5GWh of long-duration storage in Israel

Chinese supplier HiTHIUM enters the Israeli market with a strategic agreement to deploy 1.5GWh of long-duration energy storage alongside El-Mor Renewable Energy.

IAEA warns of restricted access to Iranian nuclear site since June strikes

The International Atomic Energy Agency denounces the ongoing inspection blockage at several damaged Iranian nuclear facilities, where stocks of highly enriched uranium remain.

TAG Oil secures three-year extension to evaluate BED-1 oil field in Egypt

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.
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The $400 Million Israel-Cyprus Gas Pipeline Awaits Government Approvals

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.

Iran aims for 90% flare gas capture by 2027

Iran deploys 12 contracts and plans 18 more to recover 300 MMcf/d, inject 200 MMcf/d into the network, and deliver 800,000 tons/year of LPG, with an announced reduction of 30,000 tons/day of emissions.

Lukoil sells its African oil assets to Gunvor under pressure from US sanctions

Swiss trader Gunvor will acquire Lukoil’s African stakes as the Russian company retreats in response to new US sanctions targeting its overseas operations.
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Scatec cuts debt by 27% and reaches record 3,392 MW in projects

Scatec strengthened growth in the third quarter of 2025 with a significant debt reduction, a rising backlog and continued expansion in emerging markets.

Turkey locks in 19 Bcma of LNG, Moscow and Tehran under pressure

Botaş lines up a series of liquefied natural gas (LNG, liquefied natural gas) contracts that narrow the space for Russian and Iranian flows, as domestic production and import capacity strengthen its bargaining position. —

QatarEnergy acquires 40% of North Rafah offshore block in Egypt alongside Eni

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.
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First El Dabaa nuclear reactor receives 330-tonne pressure vessel

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.

Shanghai Electric signs 342 MW deal with Econergy in Romania

Shanghai Electric has signed phase II of the Parau photovoltaic project with Econergy, expanding its Romanian solar portfolio to 550 MW.

Egypt seeks to attract Japanese manufacturers to Suez Canal zone

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.
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The United States Raises Tariffs Against Colombia on Energy and Metals

The United States announces a tariff increase beyond the 10% base rate targeting several Colombian products. Bogotá has recalled its ambassador. The detailed list of tariff lines has not yet been published, while Colombia’s ban on coal exports to Israel remains in effect.

China cuts its oil surplus to 570,000 barrels per day and prepares a cycle of strategic purchases

The decline in imports and the rise in refining in September reduced China’s crude surplus to its lowest in eight months, opening the way for tactical buying as Brent slips below 61 dollars.

Jordan: exporting its electricity via Syria, operational levers and constraints

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.
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Egypt and UAE join forces to connect electricity to Europe

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.

End of JCPOA reignites uncertainty over Iran’s nuclear programme

The formal expiration of the 2015 nuclear deal with Iran comes as international sanctions have already been reinstated and diplomatic negotiations remain stalled.

Prisma Photonics raises $30mn to expand its optical fibre infrastructure monitoring platform

Israeli company Prisma Photonics has raised $30mn in a funding round led by Protego Ventures to develop its artificial intelligence-based detection system for power grids and critical infrastructure.
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Brent under pressure: traders expect prices to fall towards $60

Major global oil traders anticipate a continued decline in Brent prices, citing the fading geopolitical premium and rising supply, particularly from non-OPEC producers.

BP launches five-well offshore gas drilling campaign in Egypt

BP has awarded Valaris a $140mn drilling contract for a Mediterranean offshore campaign aimed at reinforcing Egypt’s declining gas output since 2021.

Iranian foreign minister to meet Lavrov in Moscow ahead of Washington nuclear talks

Abbas Araghchi will meet Sergey Lavrov in Russia before resuming nuclear discussions with the United States, scheduled for 19 April in Muscat under Omani mediation.

GE Vernova partners with Iraq on 24,000 MW natural gas power project

Baghdad has signed a strategic agreement with GE Vernova to build natural gas power plants totalling 24,000 MW, as the country seeks to reduce its energy dependence on Iran.

TAG Oil sells New Zealand royalty interests for USD 2.5 mn to fund 2025

TAG Oil has signed a definitive agreement to sell its royalty interests in New Zealand, aiming to strengthen its cash position ahead of its planned investments for 2025.
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Washington and Tehran Negotiate, Moscow Validates a Strategic Nuclear Pact

As Russia ratifies a 20-year civil nuclear agreement with Iran, the United States reopens indirect talks in Oman. Tehran demands the lifting of sanctions, while 275 kg of uranium enriched to 60% raises concerns.

Russia ratifies strategic 20-year energy agreement with Iran

Russia’s State Duma officially approves a major energy partnership with Iran, paving the way for enhanced cooperation in the oil, natural gas, and civil nuclear sectors, despite ongoing Western sanctions.

Despite sanctions, Rosatom expands global nuclear influence and secures exports

Despite severe Western sanctions targeting Russian energy, Rosatom continues its international nuclear projects and maintains a steady flow of enriched uranium to Europe and the United States, thus supporting the Russian economy through an effective diversification strategy.
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bpTT starts gas production from Cypre project offshore Trinidad and Tobago

The bp Trinidad and Tobago joint venture has launched production at the offshore Cypre field, marking bp’s second major start-up in 2025 and strengthening its shallow-water footprint in the region.

US crude oil inventories rise by 6.2 million barrels amid export decline

Commercial crude oil inventories in the United States rose to their highest level since July 2024, driven by a drop in exports and lower refining activity.

Washington targets independent Chinese refinery to restrict Iranian oil exports

The United States has sanctioned a Chinese refinery processing Iranian crude, increasing pressure on Tehran and raising concerns over global oil market stability.
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Iraq Targets Africa After U.S. Ends Waivers on Iranian Energy

Cut off from Iranian energy imports by Washington, Iraq accelerates commercial efforts in Africa while resuming oil exports through Turkey to quickly secure new economic and energy markets.

US sanctions Chinese refinery accused of purchasing Iranian oil

Washington imposes sanctions on Luqing Petrochemical, the first independent Chinese refinery targeted for its alleged ties to Iranian oil, as part of its intensified economic pressure campaign against Tehran.

Rosatom completes welding of El Dabaa reactor, marking key industrial milestone for Egypt

Welding of the main reactor for Egypt’s El Dabaa nuclear power plant has been completed in Russia, marking a major milestone in the development of the country's first civilian nuclear programme.
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Germany detains Russian shadow fleet tanker after engine failure

A Panama-flagged vessel suspected of belonging to the Russian shadow fleet was detained by German customs after suffering an engine failure in the Baltic Sea in January.

France authorises the reuse of wastewater in industry and nuclear sectors

The French government has issued a decree expanding the use of treated wastewater to industrial and nuclear sectors, aiming to reduce pressure on water resources.

Egypt plans to lease natural gas liquefaction facilities in Germany

Facing a drop in domestic production, Egypt plans to lease a floating natural gas liquefaction unit in Germany to secure its energy supply.
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China, Russia and Iran meet in Beijing to discuss Iranian nuclear programme

A tripartite meeting between China, Russia and Iran will be held in Beijing to address the Iranian nuclear dossier as tensions surrounding Iran's nuclear programme continue to rise.

Scatec and Egypt Aluminium sign agreement for 1.1 GW solar project in Egypt

Scatec ASA has signed a 25-year Power Purchase Agreement (PPA) with Egypt Aluminium to develop a 1.1 GW solar photovoltaic project coupled with a 100 MW/200 MWh battery energy storage system in Egypt, supported by a sovereign guarantee.

Iraq diversifies its energy sources in response to US sanctions

Under pressure from US sanctions, Iraq explores alternatives to Iranian gas to secure its electricity supply, notably turning to Qatar and Oman, while considering the installation of floating LNG terminals.
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Latvenergo signs strategic agreement to deploy green hydrogen in Latvia

Latvenergo and H2Pro announce an agreement to concretely evaluate the operational and financial viability of decoupled electrolysis for industrial-scale hydrogen production, targeting Latvia's national energy infrastructure.

Iran Launches $17 Billion Project to Boost South Pars Gas Field Extraction

Iran invests $17 billion to counteract declining reservoir pressure at South Pars, a gas field shared with Qatar, securing estimated reserves equivalent to around 363 billion barrels of oil.