Nigeria Gas Flaring Wastes US$1.1 Billion in Power
Nigeria’s onshore gas flaring rose 18.36% in 2025, wasting 32,300 GWh of potential electricity worth $1.1 billion while the grid...
July 29, 2026Topic
Energy
Cosan Narrows Q2 Loss as Deleveraging Drive Takes Hold
Brazil's Cosan cut its Q2 net loss to R$946 million, a R$719 million improvement, as asset sales and debt reduction...
July 28, 2026
Carlos Slim’s Grupo Carso Signs $1.99 Billion Pemex Oil Deal
Grupo Carso signed a $1.99B contract with Pemex to drill 32 wells at Ixachi, targeting 200,000 barrels daily. Carlos Slim's...
July 28, 2026
France and Morocco Cement Strategic Partnership Despite Pegasus Spyware Scandal
France and Morocco signed 14 cooperation agreements and are drafting an unprecedented friendship treaty, prioritising €10 billion in economic ties...
July 17, 2026
Mozambique Secures a $573 Million Funding Deal With Portugal
Portugal unveils a €500M state-backed credit line at Porto summit to de-risk corporate investment in Mozambique’s agribusiness, gas, and renewables...
July 16, 2026
Chilean-French $900 Million Pumped-Storage Project Enters Chile Environmental Review
Atacama project — A Chilean-French joint venture has filed a US$900 million pumped-storage hydropower project in Chile's Atacama Region for...
July 14, 2026
YPF Luz, the Oil Giant’s Power Arm, Files to List in New York
YPF Luz, Argentina's largest independent power generator, has filed for a New York IPO, the latest Argentine firm to test...
July 14, 2026
Colombia’s Incoming Government Says a Blackout Would Cost $50 Million an Hour
Colombia blackout risk hits $50M per hour as El Niño intensifies and only 7% of 2026 power capacity is online,...
July 13, 2026
A $6.7 Billion Gap Clouds Guyana’s Count of Its Oil Revenue
A 6.7 billion dollar gap between Guyana's central bank and ExxonMobil figures raises fresh doubts over how the country's oil...
July 13, 2026