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EnergyEvent / data period:
Equinor said on 9 October that Shell would acquire a 30% interest in Bay du Nord offshore Canada. Equinor will retain 70% and remain operator. The project remains in engineering and evaluation, with a final investment decision targeted for early 2027.
EnergyEvent / data period:
The SPGC chief said 100 million cubic metres of production capacity had been restored after four refineries were damaged, with further recovery work underway.
EnergyEvent / data period:
At the end of a visit to Athens, Minister Karim Badawi reviewed preparations with Chevron executives to connect Cyprus’s Aphrodite field to Egypt’s infrastructure. The ministry listed a long-lead-item procurement decision and a final investment decision as next steps.
EnergyEvent / data period:
Equinor announced a gas discovery at Gullfaks South on 8 October, with recoverable volumes estimated at 0.5–1.6 million standard cubic metres of oil equivalent, or 3.3–10.3 million barrels of oil equivalent.
FinanceEvent / data period:
The Bank of Russia said asset-backed securities offerings reached a record 479 billion rubles in September, while stock purchases fell to their lowest level since January.
FinanceEvent / data period:
Incoming payments through the central bank payment system were 3.3% above the 2026 second-quarter average in September; Q3 growth was 0.8%.
EnergyEvent / data period:
The three countries’ petroleum ministers discussed East Mediterranean resource development and infrastructure for access to European markets at an EMGF high-level roundtable. Egypt’s ministry highlighted the countries’ complementary roles.
EconomyEvent / data period:
Iraq’s Planning Ministry and the World Bank discussed preparation of a five-year country partnership strategy. The notice confirms a consultation, not a finalized strategy, project financing or timetable.
Fiscal PolicyEvent / data period:
At its 7 October meeting, the cabinet approved the 2025 settlement and 2027 budget draft for Parliament. The draft provides CFAF 3,120.8 billion in resources and CFAF 2,638.4 billion in expenditure. The same meeting approved technical changes to petroleum permits.
EnergyEvent / data period:
Industry participants met in Brazzaville on 7–9 October to set fiscal reference prices for national crude marketed in the third quarter of 2026. No final price was announced. Trident OGX production figures were company statements and targets.
EnergyEvent / data period:
Petroleum Minister Karim Badawi reviewed plans with EGPC’s executive board to raise output, secure domestic supplies and improve operating efficiency. The ministry’s 6 October notice gives no new production target or contract.
EnergyEvent / data period:
An NIOPDC executive said CNG use rose about 12% during the gasoline-pricing programme period, while gasoline consumption fell around 3% against the comparable period a year earlier.
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