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Putin and Tokayev strengthen regional energy partnership with Uzbekistan
The visit of Kazakh President Kassym-Jomart Tokayev to Moscow confirms Russia's intention to consolidate its regional energy alliances, particularly in gas, amid a tense geopolitical and economic environment.
TotalEnergies, QatarEnergy and Petronas receive exploration licence offshore Guyana
TotalEnergies, QatarEnergy and Petronas have signed a production sharing contract to explore the offshore S4 block in Guyana, marking a new step in the country’s opening to operators beyond ExxonMobil.

Vallourec to deliver over 30,000 tonnes of pipes for TotalEnergies in Iraq

TotalEnergies has tasked Vallourec with supplying tubular solutions for drilling 48 wells as part of its integrated gas project in Iraq, reinforcing their ongoing industrial cooperation on the Ratawi field.
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Electricity price surge in Syria deepens social and economic crisis
The end of subsidies and a dramatic rise in electricity prices in Syria are worsening poverty and fuelling public discontent, as the country begins reconstruction after more than a decade of war.
Pakistan cancels 21 Eni LNG cargoes and seeks to renegotiate its contracts with Qatar
Pakistan cancels 21 planned LNG cargoes from Eni due to a gas surplus and negotiates with Qatar for potential deferment or resale of shipments.

China cancels VAT rebate and reshapes the global solar market

China's decision to cancel the 13% VAT rebate on photovoltaic module exports triggers a sharp price adjustment and reshapes a market under pressure for the past two years.
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Qatar threatens to suspend LNG exports to Europe over CSDDD directive
Qatar warns it could halt its liquefied natural gas (LNG) deliveries to the European Union if the CSDDD directive is not softened, a move that reignites tensions surrounding Brussels' new sustainability regulations.
QatarEnergy awards EPC contract for 4.1 MTPA CCS project
QatarEnergy has awarded Samsung C&T Corporation an EPC contract for a 4.1 MTPA carbon capture project, supporting its expansion into low-carbon energy at Ras Laffan.

LNG wave: 300 bcm by 2030, prices and contracts pivot according to the IEA

A record expansion of liquefied natural gas (LNG, gaz naturel liquéfié — GNL) capacity is reshaping global supply, with expected effects on prices, contractual flexibility and demand trajectories in importing regions.
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Jordan prepares three major energy projects with German support
Amman plans to launch tenders for 400 megawatts of solar, wind and storage projects, as part of a strengthened bilateral energy cooperation with Germany.
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.

COOEC wins $4bn QatarEnergy offshore field development contract

COOEC has signed a $4bn EPC contract with QatarEnergy to develop the offshore Bul Hanine oil field, marking the largest order ever secured by a Chinese company in the Gulf.
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Eni raises 2025 targets after 54% surge in quarterly net profit
Eni's net profit rose to €803mn in the third quarter, supported by a 6% increase in production despite falling crude prices.
Qatar and the United States call on the European Union to ease sustainability rules
Doha and Washington warn Brussels about the consequences of EU sustainability requirements on liquefied natural gas exports, as the continent’s energy security remains under pressure.

Jordan confirms its ability to supply Lebanon with energy via interconnections

Amman says it is ready to provide electricity and natural gas to Lebanon using its already operational infrastructure, pending the completion of regional procedures.
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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.
Europe spent an extra €930bn on fossil energy between 2021 and 2024
A report highlights the financial burden of fossil imports during the energy crisis and points to electrification as key to European energy security.

QIA invests $535mn to increase its stake in Colombian power producer ISAGEN

Qatar’s sovereign wealth fund has raised its stake to approximately 15% in ISAGEN, one of Colombia’s leading power producers, through a $535mn investment alongside Brookfield.
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Europe’s gas: summer storage sets a floor under TTF
European inventories curbed price declines as liquefied natural gas (LNG) supply expands and demand stays weak. Cargo arbitrage favours Europe, but winter will determine the equilibrium level. —
Saudi companies to launch 500 MW of energy projects in Syria
Al-Harfi and SCLCO signed agreements with Syrian authorities to develop solar and wind capacity, amid an ongoing energy rapprochement between Riyadh and Damascus.
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LG Energy Solution enters aerospace sector with South 8 Technologies
DMEGC Solar secures TÜV SÜD certification for its 655 W photovoltaic module
Vietnam strengthens its energy policy to accelerate low-carbon transition
Massive outage in the Dominican Republic: 85% of the grid still down
Mizuho Lease launches acquisition of Japan Infrastructure Fund to strengthen solar assets
Iraq acknowledges overproduction in OPEC+ and promises compensation
Iraq acknowledged that it had produced 184,000 barrels per day (b/d) above its OPEC+ quota in June, and pledged to offset this surplus by September 2025 through further production cuts.
Compensation surproduction OPEC+ Irak
Shell strengthens its position in the LNG market with ambitious projects
Shell is stepping up investment in liquefied natural gas (LNG) to offset losses in Russia, aiming for a significant increase in volumes by 2030.
Shell investissement GNL projets 2030

South Korea inaugurates the first R&D Institute for SMR Vessels

Mokpo National University launches the world's first institute dedicated to modular reactor ships (SMR), aiming to revolutionize the maritime industry towards carbon neutrality.
Réacteur modulaire navire neutralité carbone
Renewal of supply contract between Nippon Steel, Sumitomo and Equinor
Nippon Steel and Sumitomo Corporation renew a long-term contract with Equinor to supply seamless pipes for the oil, gas and carbon storage sectors.
Contrat renouvelé pour tuyaux sans soudure
United States and Venezuela resume dialogue despite sanctions
Venezuela and the United States have agreed to strengthen bilateral relations after virtual talks, despite persistent US sanctions on the oil sector.
Dialogue États-Unis Venezuela

TotalEnergies withdraws from key South African gas field

TotalEnergies has announced its withdrawal from the 11B/12B offshore gas field, posing a challenge to South Africa's energy ambitions.
Retrait champ gazier TotalEnergies
Venezuela and the United States resume oil talks
Nicolas Maduro, President of Venezuela, announces the resumption of talks with the United States despite US oil sanctions. A few weeks before the presidential election, these talks, initiated by Washington and accepted by Caracas, aim to respect the agreements signed in Qatar and underline Venezuela's national sovereignty.
Reprise du dialogue entre le Venezuela et les États-Unis pour le pétrole.
Leviathan field: Israel authorizes additional gas exports
Israel approves the export of an additional 118 billion cubic meters of natural gas, aimed at strengthening its diplomatic relations and energy security. The Leviathan field partners are planning a $500 million investment to increase production capacity.
Expansion gaz Leviathan Israël

Iran surpasses Iraq in gas flaring to become world number two

Iran has overtaken Iraq in 2023 to become the world's second largest gas flaring emitter after Russia, reveals a World Bank report.
Torchage gaz mondial Iran
Qatar and Taiwan sign 27-year LNG supply agreement
QatarEnergy will supply 4 million tonnes of liquefied natural gas per year to Taiwan's CPC for 27 years, consolidating their energy partnership.
Accord GNL Qatar CPC
EBRD-HTU apprenticeship program to boost Jordanian energy
EBRD is collaborating with Al Hussein Technical University and NEPCO to offer an apprenticeship program designed to improve the skills of young people and women in Jordan's energy sector.
EBRD and HTU launch an apprenticeship program to boost Jordan's energy sector.

FRV launches 600MW photovoltaic projects in Finland

FRV joins forces with Will & Must to develop 600MW of photovoltaic projects in Finland, marking a first foray into the Nordic countries for this leading renewable energy company.
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Qatar: new liquefied natural gas supply contracts
Qatar is committed to increasing its liquefied natural gas contracts in 2024, in response to growing demand, particularly in Europe and Asia.
Qatar Contrats Approvisionnement LNG
QatarEnergy launches giant LNG tanker project in collaboration with China
QatarEnergy is investing six billion dollars in a project to build 18 giant LNG carriers, marking a record in the shipbuilding industry.
QatarEnergy et la Chine s'engagent dans le projet de construction de 18 méthaniers géants pour renforcer la distribution mondiale de GNL.

Oman LNG anticipates a major expansion of its production capacity

Oman LNG is planning a significant expansion to meet the growing demand for liquefied natural gas, with a potential capacity addition of over 30%.
Expansion Oman LNG
Caracas protests against US “criminal sanctions
Venezuela denounces the reimposition of US sanctions on its oil, claiming a violation of the agreements negotiated in Qatar.
Venezuela critique sanctions américaines
Power generation: Iraq concludes agreements with the United States
Iraq has signed an agreement with the United States to increase its electrical capacity by 3,000 MW, with the aim of stabilizing its energy network.
Accords électricité Irak USA

Tense negotiations between the United States and Venezuela on sanctions

As the expiry of a major oil sanctions license approaches, the US and Venezuela are negotiating intensively without reaching agreement on a renewal conditional on competitive presidential elections.
Israel/Iran: why don’t oil prices soar?
Despite recent tensions between Iran and Israel, oil prices remain stable, surprising analysts and markets alike.
Iran Israël cours pétrole
Geopolitical instability causes oil prices to soar
Tensions between Israel and Iran caused a significant rise in oil prices, the highest since October.
Hausse pétrole tensions Iran Israël
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