Trump’s Record Venezuela Oil Deal Faces Reality Check as Production Challenges Mount

US President Donald Trump’s ambitious oil agreement involving Venezuela is facing significant operational, financial and legal challenges, raising questions about whether the administration’s promise of a historic energy breakthrough can be achieved. Trump previously described the arrangement as the “biggest oil deal in world history”, promoting it as a major opportunity to expand American access […]

Houthis Claim Missile Attack on Saudi Arabia’s Ras Tanura Oil Refinery

Yemen’s Iran-aligned Houthi movement has claimed responsibility for a missile attack on Saudi Arabia’s Ras Tanura oil refinery, raising fresh concerns over the security of critical energy infrastructure in the Gulf. The group’s military spokesperson, Yahya Saree, said on Tuesday that the strike targeted the refinery in Saudi Arabia’s Eastern Province and reportedly caused a […]

Trump Invokes Defense Production Act to Boost U.S. Oil Production Amid Soaring Fuel Prices

U.S. President Donald Trump has invoked the Cold War-era Defense Production Act to strengthen domestic oil production, expand refining capacity and increase fuel supplies as rising energy prices place growing pressure on American consumers and businesses. In a presidential memorandum issued on October 22, Trump designated domestic petroleum production, refining and related infrastructure as essential […]

JPMorgan Announces $5 Billion in Investments in Companies Critical to US National Security

JPMorgan Chase has announced that it has invested $5 billion in equity in companies operating in industries considered critical to US economic and national security, as the banking giant seeks to strengthen domestic manufacturing, energy infrastructure and supply-chain resilience. The announcement reflects growing private-sector investment in strategic industries as the United States works to reduce […]

Senegal’s State-Owned Gas Pipeline Operator Seeks Investors for €530 Million Expansion

Senegal’s State-Owned Gas Pipeline Operator Seeks Investors for €530 Million Expansion

Senegal’s state owned pipeline operator, Réseau Gazier du Sénégal (RGS), is seeking investors to help finance a €530 million expansion of its natural gas distribution network. The project aims to supply gas to several power stations by 2029 as the West African country works to strengthen its domestic energy infrastructure. Senegal’s state owned gas pipeline […]

Trump Announces 20-Year Taiwan LNG Deal for Alaska Pipeline Project

US President Donald Trump says Taiwan has agreed to purchase 30% of the liquefied natural gas (LNG) produced by a proposed Alaska pipeline project over the next 20 years, in a move that could strengthen US energy exports and support the multibillion-dollar development. Trump made the announcement at a campaign rally in Wasilla, Alaska, on […]

Eswatini to Host SADC Sustainable Energy Week 2027

The Kingdom of Eswatini is preparing to host the Southern African Development Community (SADC) Sustainable Energy Week 2027, a landmark regional event that is expected to bring together policymakers, energy experts, investors, development partners, and private sector leaders to advance Southern Africa’s sustainable energy agenda. The conference, scheduled to take place from 15 to 19 […]

Trump’s Postpones Military Strikes on Iranian Power Plants after ‘Good and Productive’ Discussions

In WASHINGTON U.S. President Donald Trump announced on Monday that he has ordered the U.S. military to postpone planned strikes on Iranian power plants and energy infrastructure, citing “very good and productive conversations” with Iranian officials as diplomatic engagements continue amid the broader U.S.–Iran conflict. The announcement marks a temporary shift in U.S. strategy after […]

Ukrainian Drone Strike Sparks Fire at Russian Oil Refinery

Ukrainian Drone Strike Sparks Fire at Russian Oil Refinery

A fire broke out at a unit of the Afipsky oil refinery in southern Russia’s Krasnodar region following a drone attack attributed to Ukraine, local authorities reported on Thursday. The extent of the damage at the facility remains unclear, as emergency crews continue to assess the situation. The refinery is one of the region’s key […]

Malaysia to Expand Gas-Fired Power by 50% to Meet Soaring Data Centre Demand

Malaysia to Expand Gas-Fired Power by 50% to Meet Soaring Data Centre Demand

Malaysia is set to increase its gas-fired power generation capacity by up to 50% by the end of this decade, in a major energy expansion strategy aimed at meeting the surging electricity demands driven by data centres. According to an industry official speaking at the Energy Asia conference, the country plans to add between 6 […]