SUBSCRIBE
PROFILE

Whistler

Suriname targets 220,000 barrels per day in oil strategy by 2028
On the 50th anniversary of its independence, Suriname announced a national roadmap including major public investment to develop its offshore oil reserves.
TotalEnergies withdraws floating terminal from Le Havre after fifteen months of inactivity
TotalEnergies ends operations of its Le Havre floating LNG terminal, installed after the 2022 energy crisis, due to its complete inactivity since August 2024.

BrightHy Solutions secures €1.7mn contract for hydrogen station in Southern Europe

BrightHy Solutions, a subsidiary of Fusion Fuel, has signed a €1.7mn contract to supply a hydrogen refuelling station and electrolyser to a construction company operating in Southern Europe.
en_1140251154540
Golar LNG refinances FLNG Gimi with $1.2bn seven-year bank loan
Golar LNG has completed a $1.2bn refinancing for its floating LNG unit Gimi, securing extended financing terms and releasing net liquidity to strengthen its position in the liquefied natural gas market.
PowerField adds 170 MWp by acquiring and building seven solar parks
PowerField increased its operational capacity to 300 MWp by integrating seven new solar parks, developed or acquired before construction, across four Dutch provinces.

Dangote selects Honeywell to expand refinery capacity to 1.4 million barrels/day

Nigeria’s Dangote refinery selects US-based Honeywell to supply technology that will double its crude processing capacity and expand its petrochemical output.
en_1140251147540
AfDB grants $7.41mn to Liberia to complete hydroelectric power plant
Liberia secures additional funding from the African Development Fund to finalise a delayed hydroelectric project and associated infrastructure.
Idex commissions solar carport plant in Bourg-en-Bresse
Idex has inaugurated a photovoltaic power plant spanning 14,500 m² at Ainterexpo's parking area, developed in partnership with Grand Bourg Agglomération under a 30-year operating model.

Veolia invests to eliminate coal from Pozna district heating by 2030

Veolia launches a major project in Pozna aiming to fully replace coal with low-carbon local energy sources in district heating, with a first phase already operational showing 92% efficiency.
en_1140251149540
Baghdad maintains oil output by isolating sanctioned Russian assets
Iraq secures production by bypassing US sanctions through local payments, energy-for-energy swaps, and targeted suspension of financial flows to Lukoil to protect West Qurna-2 exports.
Brussels denounces Chinese pressure on rare earths and warns of strategic leverage
The European Union criticises China's export licence procedure on rare earths, arguing that it increases the dependency of European manufacturers on a coercive mechanism central to critical industrial supply chains.

NU E Power finalises acquisition of 500 MW in assets and appoints new CEO

NU E Power Corp. completed the purchase of 500 MW in energy assets from ACT Mid Market Ltd. and appointed Broderick Gunning as Chief Executive Officer, marking a new strategic phase for the company.
en_1140551194540-1
Xing’an League allocates CNY6bn in public investment for hydrogen hub
In Inner Mongolia, Xing’an League is deploying CNY6bn in public funds to build an integrated industrial ecosystem for hydrogen, ammonia and methanol production using local renewable resources.
BP partially restarts Olympic Pipeline but leaves 60% of capacity offline
Restarting Olympic Pipeline’s 16-inch line does not restore full supply to Oregon and Seattle-Tacoma airport, both still exposed to logistical risks and regional price tensions.

CETY secures $10mn battery storage project in New York

US-based CETY has been awarded a $10mn contract to build a battery energy storage system in New York State, marking the first in a series of planned installations across the region.
en_1140251146540
First Hydrogen launches project on molten-salt fuels for small modular reactors
First Hydrogen begins research with the University of Alberta to identify molten-salt mixtures simulating nuclear fuels for SMR prototypes.
West Holdings and Toshiba partner to deliver integrated solar and storage services
West Holdings and Toshiba Energy Systems & Solutions will jointly develop turnkey services for solar power plants and large-scale battery storage, combining construction, grid management and production optimisation.

Potentia Energy secures federal approval for AUD1.3bn solar hybrid project

The Italo-Japanese group Potentia Energy has received environmental clearance for a 1 GW solar and battery hybrid park in New South Wales, estimated at AUD1.3bn ($858.9m).
en_114025251128540
India’s Russian oil imports to drop sharply from December
Faced with tightened sanctions from the United States and European Union, Indian refiners are drastically reducing their purchases of Russian crude from December, according to industry sources.
Woodside and East Timor target LNG production from Sunrise by 2032
Woodside Energy and East Timor have reached an agreement to assess the commercial viability of a 5 million-tonne liquefied natural gas project from the Greater Sunrise field, with first exports targeted between 2032 and 2035.
  • Popular on energynews.pro
BrightHy Solutions secures €1.7mn contract for hydrogen station in Southern Europe
Golar LNG refinances FLNG Gimi with $1.2bn seven-year bank loan
Sinopec to invest $437 million in hydrotreatment unit in Algeria
PowerChina accelerates its investments in renewable energy in Africa
Lukoil shuts down 430 petrol stations in Finland under US sanctions pressure
OPEC and GECF warn of structural deficit in global energy market
OPEC and the Gas Exporting Countries Forum warn that chronic underinvestment could lead to lasting supply tensions in oil and gas, as demand continues to grow.
Popular support for oil exploration rises sharply in Norway
A national barometer shows that 62% of Norwegians support maintaining the current level of hydrocarbon exploration, confirming an upward trend in a sector central to the country’s economy.

ShaMaran delivers first “in kind” cargo to Ceyhan under new Iraqi federal framework

ShaMaran has shipped a first cargo of crude oil from Ceyhan, marking the implementation of the in-kind payment mechanism established between Baghdad, Erbil, and international oil companies following the partial resumption of exports through the Iraq–Türkiye pipeline.
en_11401771126540
TGS launches 14,800 km² seismic survey in Brazil’s Pelotas Basin
Norwegian group TGS begins Phase I of its multi-client seismic survey in the Pelotas Basin, covering 21 offshore blocks in southern Brazil, with support from industry funding.
Chandra Asri secures $750mn from KKR to acquire Exxon’s fuel stations in Singapore
Indonesian group Chandra Asri receives a $750mn tailor-made funding from KKR for the acquisition of the Esso network in Singapore, strengthening its position in the fuel retail sector.

Tethys Petroleum increases output and returns to profit in Q3

Tethys Petroleum posted a net profit of $1.4mn in Q3 2025, driven by a 33% increase in hydrocarbon sales and rising oil output.
en_11401151144540
Belgrade accelerates on NIS: Vucic sets seven-day deadline to resolve Russian stake issue
Serbia considers emergency options to avoid the confiscation of Russian stakes in NIS, targeted by US sanctions, as President Vucic pledges a definitive decision within one week.
Enbridge invests $1.4bn to boost Canadian crude exports to US refineries
Enbridge commits $1.4bn to expand capacity on its Mainline network and Flanagan South pipeline, aiming to streamline the flow of Canadian crude to US Midwest and Gulf Coast refineries.

Rapid reshuffle at Petroperu to drive Talara and Amazon under pressure

The Peruvian state has tightened its grip on Petroperu with an emergency board reshuffle to secure the Talara refinery, fuel supply and the revival of Amazon oil fields.
en_1140151130540
Bulgaria places Lukoil refinery under state control to avoid US sanctions
Sofia appoints an administrator to manage Lukoil’s Bulgarian assets ahead of upcoming US sanctions, ensuring continued operations at the Balkans’ largest refinery.
Washington demands Gazprom Neft’s exit from NIS and maintains sanctions
The United States rejected Serbia’s proposal to ease sanctions on NIS, conditioning any relief on the complete withdrawal of Russian shareholders.

IEA forecasts global oil surplus of 4 mbpd in 2026

The International Energy Agency expects a surplus of crude oil by 2026, with supply exceeding global demand by 4 million barrels per day due to increased production within and outside OPEC+.
en_1140131148540
Cenovus completes MEG Energy acquisition in $5.0bn deal
Cenovus Energy has completed the acquisition of MEG Energy, adding 110,000 barrels per day of production and strengthening its position in Canadian oil sands.
IEA revives oil scenario with no peak before 2050, shaking up markets
The International Energy Agency’s “Current Policies Scenario” anticipates growing oil demand through 2050, undermining net-zero pathways and intensifying investment uncertainty globally.

Saudi Arabia adjusts crude price to defend market share in Asia

Saudi Aramco cuts its official selling price for Arab Light crude in Asia, responding to Brent-Dubai spread pressure and potential impact of US sanctions on Russian oil.
en_1140121133540
Petrobras strengthens its grip on Brazil’s spot gasoline market after Refit and SSOil exit
The removal of two Brazilian refiners and Petrobras’ pricing offensive reshuffle spot volumes around Santos and Paranaguá, shifting competition ahead of a planned tax increase in early 2026.
Morrison wins major Shell contract for oil facility in Louisiana
Shell Pipeline has awarded Morrison the construction of an elevated oil metering facility at Fourchon Junction, a strategic project to strengthen crude transport capacity in the Gulf of Mexico.

Former minister Timipre Sylva wanted over alleged $14.8mn diversion in Nigeria

An arrest warrant has been issued against Timipre Sylva over the alleged diversion of public funds intended for a modular refinery. This new case further undermines governance in Nigeria’s oil sector.
en_1140111129540
Sofia activates emergency plan as US sanctions on Lukoil approach
With only 35 days of gasoline left, Bulgaria is accelerating measures to secure supply before US sanctions on Lukoil take effect on November 21.
Russia begins withdrawal from NIS to circumvent US sanctions
Russia is negotiating the sale of its stake in Serbian oil company NIS as US sanctions threaten the operations of the company, which plays a key role in Serbia’s economy.