Afreximbank Unveils $1.75B Lifeline for Angola’s Sonangol

Africa’s trade finance lender has unveiled a major new funding line for Angola’s national oil company, as the country seeks to stabilize crude trading and maintain output in a basin…

Oil Inches Higher as U.S. Federal Reserve Keeps Rates Unchanged

In its first monetary policy decision of 2026, the Federal Reserve elected to hold the federal funds rate steady at 3.50%–3.75%, pausing further cuts after three reductions late last year.…

Freezing Weather Forces the World’s Top LNG Exporter to Import Gas

Several energy companies imported liquefied natural gas into the United States, with the unusual move prompted by surging demand for energy and heating pushing gas prices to all-time highs. According…

Top Stories Of The Day: Power Grid Seeks Bids for 750 MWh BESS; India Launches First Port-Based Green Hydrogen Plant and More…

Power Grid Corporation of India has invited bids for a 187.5 MW / 750 MWh Battery Energy Storage System (BESS) at Maheswaram Substation, Telangana. The project aims to enhance grid…

Oil Prices ‘Remain Elevated and Volatile’

In a market comment sent to Rigzone on Thursday, Mazen Salhab, Head of Market Research at MH Markets, highlighted that oil prices “remain elevated and volatile … as the market…

Balancing Optimism And Reality In Southeast Asia’s Energy Transition

Representational image. Credit: Canva The New Year is often seen as a time to reflect and look ahead with renewed hope. While past mistakes and challenges remain, it offers a…

Skipper Limited Reports Record Q3 FY26 Revenue Of ₹13,706 Million, EBITDA Of ₹1,414 Million, 40% PAT Growth, And All-Time High US$1 Billion Order Book

Representational image. Credit: Canva Skipper Limited has reported a strong performance for the third quarter of FY26, marking another period of sustained growth and improved profitability. The company posted record…

Enlight Strengthens European Energy Storage Presence With Majority Stake In Germany’s Project Jupiter

Representational image. Credit: Canva Enlight Renewable Energy has announced a major step in expanding its energy storage presence in Europe through a new investment in Project Jupiter, a large-scale solar…