Iran says it will soon declare a new restricted zone in the Gulf and new Strait of Hormuz shipping maps, as fresh US-Iran attacks on ships lifted oil prices.
In the News
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KEY POINTS US liquefied natural gas, LNG, exports increased sharply in the first half of 2026, averaging 17.4 billion cubic feet per day (Bcf/d), according to the US Energy Information …
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Energy TransitionIn the NewsOil & Gas
Chevron Signals Long-Term Commitment to Bangladesh’s Energy Security
KEY POINTS Chevron Bangladesh says it remains committed to supporting Bangladesh’s long-term energy security as the country faces declining domestic gas production, rising demand and greater reliance on imported fuels. …
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KEY POINTS South Africa has emerged from the 2026 winter season without a single episode of load shedding, with Eskom reporting 476 consecutive days of meeting the country’s electricity demand. …
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KEY POINTS The Transmission Company of Nigeria, TCN, has restored electricity supply following a planned outage at the 132/33kV Apo Transmission Substation. TCN said power was fully restored at 4:08 …
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KEY POINTS Shares of Italian energy giant Eni fell 3.29% on September 4, closing at €23.08 on the Borsa Italiana as investors awaited the company’s latest financial results. The stock …
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KEY POINTS Oyo State Governor and Allied Peoples Movement (APM) presidential candidate, Seyi Makinde, has called for a change in the way Nigerians debate the removal of petrol subsidy, arguing …
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KEY POINTS Eni is set to invest an additional $8 billion in Egypt over the next five years as the Italian energy company expands exploration and development activities aimed at …
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Oil headed for a weekly gain above 6 percent as US-Iran fighting resumed, while US diesel prices hit a record high, fuelling fresh global inflation fears.
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Nigeria will soon begin producing solar panels locally through a partnership with LONGi to cut renewable energy costs, the Energy Commission of Nigeria says.