Middle East and Africa
BP-Iraq deal on Kirkuk fields to use profit-sharing model
Iraq and BP have signed a preliminary deal to develop Kirkuk's oil fields on a profit-sharing basis, marking BP's return after five years.
Senegal sets up commission to review oil and gas deals
Prime Minister announces commission to 'rebalance' fossil fuel contracts 'in the national interest', after promises made before March election.
Malawi receives $11.2 million for drought disaster linked to El Nino
The El Nino linked drought in Malawi led the southern African nation to declare a state of disaster earlier this year.
Mediterranean Sea temperatures match 2023 records
The Mediterranean Sea has reached record temperatures over 30°C, with persistent heatwaves threatening marine life and ecosystems.
How are South Africa’s EV plans faring post election?
South Africa's push for EV production faces hurdles with power shortages and cautious industry sentiment, despite government incentives.
Africa dramatically dried out 5,500 years ago – new study may warn of future climate tipping points
A new study published in Nature Communications reveals that before northern Africa dried out, its climate “flickered” between two stable climatic states before...
Saudi Aramco to buy stake in JV Petro Rabigh from Sumitomo Chem
Investment in Sumitomo Chemical's Petro Rabigh JV hopes to turn around loss-making firm's fortunes.
Saudi Arabia’s Aramco reports lower half-year profits
Overall revenue up at $220bn, but Aramco half-year profits show a fall of $5bn since last year amid global worries.
Sea-bed regulator elects secretary general as calls grow to pause deep-sea mining
The International Seabed Authority has a new secretary general
