Minister says Senegal should lower its electricity rates due to gas production
Senegal's energy ministry said that the country plans to use more natural gas produced domestically to lower electricity costs. This will reduce its dependency on imported fuels…
Sources: US shale producer HighPeak Energy is exploring a sale
Three people with knowledge of the situation said that HighPeak Energy is exploring the possibility of selling after receiving interest from an acquisition company. The U.S.
Radiant World's lawsuit against Jefferies-linked fund claims it only has $10,000 in cash
Radiant World, a trader in iron ore, may only have $10,000?in cash despite its financial statements referring to?cash amounts of more than 200 million dollars, according to…
Radiant World fund linked to Jefferies says it may only have $10,000 in cash
Radiant World, a trader in iron ore, may only have $10,000 cash on hand despite its most recent financial statements showing a cash balance of more than $200 million. This was…
Milei introduces bill to increase sanctions against Falklands activity
Argentina's government presented a bill to crack down on companies operating in the Falkland Island, which could escalate tensions between Argentina and the United Kingdom.
Sources say that the Mexican president has reprimanded top officials for decreasing Pemex production this summer.
Sources say that President Claudia Sheinbaum, a former energy minister who spent months praising Mexico's "energy sovereignty" by increasing domestic fuel production, reacted…
Sources say Exxon is in advanced talks about returning to Venezuela's Orinoco Belt.
ExxonMobil has been in talks to return to Venezuela. The US energy giant is interested in the huge Petromonagas project, which was previously a part of the Orinoco Belt. It…
Libyan oil production has returned to normal following a brief shutdown of fields, NOC Chief says
Massoud Suleman, Chairman of the National Oil Corporation (NOC), said on Wednesday that Libyan oil production has returned to normal following a brief protest on Tuesday by'security…
Energy secretary: US energy company to announce Venezuelan investment
U.S. energy secretary Chris Wright said that a U.S. oil producer would?announce a'major investment 'into Venezuela on Wednesday. Foreign oil producers are moving joint ventures…
Can2 Termik unit to develop $400 million oil project in Venezuela
Florida-headquartered Denarius Holding Group, whose ?main shareholder is Turkey's energy ?firm Can2 Termik, has reached a ?20-year agreement to operate ?the Cema ?oilfield ?in Venezuela under a $400 million project…
East Timor to build second LNG plant
Minister of Petroleum and Mineral Resources Francisco da Costa Monteiro said that East Timor plans to build a second "liquefied natural" gas plant along its southern coast.
Radiant World sues Glencore for $2 billion
The Iron Ore Trader Radiant World Corp, along with related companies, has filed a lawsuit in Singapore's High Court against the commodities giant Glencore, claiming damages of more than 2 billion dollars for fraud…
Thailand's PTTEP claims that every $3 increase in LNG price could raise Thai power prices by up to 5%
The Gastech conference heard from 'Kanita sartwattayu', the incoming CEO of the Thai energy firm PTTEP. She said that every $3 increase in the price of liquefied natgas could…
Radiant World sues Glencore for $2 billion
Radiant World Corporation and other companies, including the iron ore trader, have filed a lawsuit in Singapore's High Court against commodities giant Glencore, seeking damages…
Caturus to nearly double export capability of Commonwealth LNG project
Brian Cain, the chief corporate affairs officer of Caturus, said Tuesday that it will almost double its export capacity for its Commonwealth LNG project, located in Cameron Parish in Louisiana.
Bloomberg News reports that Radiant World has sued Glencore for $2 Billion.
Bloomberg News reported on Tuesday that Radiant World and Sapphire Minmetals filed a lawsuit in Singapore against London-listed Glencore, seeking $2 billion in damages. The chairman of the trading firm…
Argentina escalates legal push against Falklands oil exploration firms
The government announced on Tuesday that Argentina would file new legal 'complaints' against companies searching for oil near Falkland Island. This will intensify Buenos Aires’…
Congo copper exports reach record levels, as sales to the US and Europe double
A report by the official showed that the Democratic Republic of Congo exported a record amount of copper in the first half of 2026. The share of the exports to the United States…
Britain tries to reassure business after Milei's Falklands Threat
Britain sought to reassure firms doing 'business' in the Falkland islands after Argentine -President Javier Milei threatened sanctions on firms engaged in a 'economic activity…
Cabinet minutes state that Congo has created a task force to deal with US minerals.
According to cabinet minutes seen by?Tuesday?, the Democratic Republic of Congo approved a task force to accelerate implementation of its strategic minerals partnership with United States.
