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Oil & Gas

ANGOLA: NEW HOPE IN OIL AND GAS SECTOR AS BRAZIL'S PETROBRAS SIGNALS RETURN.

The Brazilian oil company Petrobras and Angolan national oil company Sonangol have signed a Memorandum of Understanding for oil and gas research and development, training, and research on relevant projects for the just energy transition.

  • 1 year, 2 months
Power Grid

SOUTH AFRICA: ESKOM TAKES BOLD STEP TOWARDS GREEN HYDROGEN FUTURE.

South Africa’s power utility company, Eskom, is considering adding green hydrogen production to its energy portfolio.

  • 1 year, 2 months
Oil & Gas

GERMANY STRENGTHS ENERGY SECURITY WITH LAUNCH OF THIRD LNG AT WILHELMSHAVEN.

Germany has taken a major step toward energy independence and resilience with the commissioning of its third LNG terminal, Wilhelmshaven 2, significantly enhancing the country’s ability to secure stable and diversified energy supplies. This new terminal not only reduces Germany’s reliance on single-source gas imports especially in light of shifting geopolitical dynamics but also plays a vital role in supporting Europe’s broader energy security goals and climate ambitions. By increasing regasification capacity and enabling flexible access to global LNG markets, the project strengthens Germany’s energy infrastructure while laying the groundwork for a more sustainable and self-reliant future.

  • 1 year, 2 months
Oil & Gas

ASIA'S LNG DEMAND SLOWS AS CHINA CUTS BACK, U.S. BECOMES KEY SUPPLIER AMID SHIFTING GLOBAL FOWS.

Asia’s liquefied natural gas (LNG) imports are showing signs of stagnation in May 2025, with demand weakened primarily by China’s reduced appetite due to high prices and an increased reliance on domestic and pipeline-supplied gas. As the world’s top LNG importer pulls back, global LNG flows are being reshaped, with the United States stepping in to capture a larger market share. This shift is not just an energy trade story it’s a signal of broader economic realignment and geopolitical maneuvering. With traditional suppliers like Australia facing supply disruptions and Middle Eastern producers being pulled toward new opportunities, Asian nations now face increasing pressure to secure long-term, cost-effective LNG deals. At the same time, the drive to import more from the U.S. intertwines energy security with diplomacy, trade leverage, and competition for limited supply. The future of Asia’s LNG market now sits at the crossroads of global pricing dynamics, strategic partnerships, and the evolving energy transition.

  • 1 year, 2 months
Oil & Gas

ANGOLA: OIL PLATFORM ACCIDENT IN CABINDA.

Seventeen people were injured on Tuesday following a fire outbreak on the Benguela Belize Lobito Tomboco (BBLT) deepwater platform in Block 14, located in Angola’s northern Cabinda province.

  • 1 year, 2 months
Oil & Gas

IRAQ: SEALS MAJOR OIL DEAL WITH CHINESE COMPANY.

Iraq’s government has signed a deal with Chinese Geo-Jade Petroleum to expand production at the Tuba oil field, build a refinery and two power plants.

  • 1 year, 2 months