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South Korea eases diesel curbs as Asia rethinks fuel security
South Korea will let its refiners export more diesel from November, as Asian governments ease wartime fuel controls only as far as their own supplies allow.
Ghana think tank launches year-long review of nuclear power investment readiness
Ghana’s Institute of Economic Affairs has launched a one-year review of the workforce, regulatory and investment needs of the country’s nuclear power programme.
China's viral gravity battery tower in Jiangsu is a 2023 project
A concrete tower in China's Jiangsu province that stores wind power by hoisting heavy blocks is going viral again, nearly three years after it was hooked up to the grid.
Russia's fuel crisis eases as refineries restart and Ukraine's strikes slow
Russian regions are lifting limits on petrol sales as Ukraine's drone strikes on refineries slow under US pressure and damaged plants come back online.
Oil shock freezes Chile's rate cuts as the economy stalls
A jump in oil prices has frozen Chile's interest rate cuts at the very moment its economy has started to shrink.
Carlyle and EBRD agree to sell Romanian Black Sea gas operations to Mazarine
BSOG operates the Midia Natural Gas Development project, the first offshore hydrocarbon production development in the Romanian sector of the Black Sea in more than 30 years.
Collapse of talks between KHNP and Daewoo/Doosan consortium set to delay Czechia's Dukovany NPP expansion
KHNP was selected to deliver two new units at Dukovany NPP worth €16.7bn, but terminated talks with the construction consortium.
Indonesia accuses Singapore of reselling LNG cargoes
Indonesia's top energy official has accused Singapore of selling part of the liquefied natural gas (LNG) it buys from Indonesia on to other countries.
Africa's energy demand set to nearly double by 2060, AEC’s report says
Africa will need substantial investment in electricity networks, fuel supplies and new generating capacity as energy consumption rises over the coming decades, with governments facing pressure to improve access while limiting emissions.
Ovintiv to acquire Logan Energy in Montney move
Ovintiv has struck a deal to acquire all of the outstanding shares of Canada’s Logan Energy.
Central Asia could unlock $120mn in annual savings through electricity market integration, EDB says
Central Asia could generate up to $120mn in net annual economic benefits by better coordinating existing electricity networks and power plants, without major new construction, the Eurasian Development Bank said.
Russia's weekly seaborne crude export value hits wartime high of $2.76bn
Russia's seaborne crude exports were worth $2.76bn in the week to October 25, the most in a single week since the 2022 invasion of Ukraine.
EU gas price breaks €100 per MWh for first time since 2022
European gas prices broke through €100 per MWh on October 28 for the first time in almost four years as fears of a winter shortage of Middle Eastern LNG deepened.
TotalEnergies enters 26 Chevron-operated offshore leases in US Gulf
France’s TotalEnergies has acquired a 25% working interest in 26 offshore exploration leases in the US Gulf of Mexico that are operated by Chevron.
Zimbabwe's Invictus completes Musuma-1 rig move ahead of November drilling
Australian explorer Invictus Energy targets 1.2 trillion cubic feet of prospective gas resources as final rig preparations continue in Cabora Bassa Basin
Nigeria’s Dangote refinery $1.6bn IPO attracts $4.78bn in orders, sources say
More than 2mn investors subscribed through digital channels, a source said, while the order book did not yet include applications from other African countries
Russia says US is in talks to use its LNG technology in Alaska
The US is in active talks to use Russian technology for an LNG plant in Alaska, Kremlin deputy chief of staff Maxim Oreshkin said on October 28.
EU gas storage stalls at record low as central Europe starts drawing down
EU gas storage has all but stopped filling at 74.9%, a record low for late October, with Austria, Slovakia and the Czech Republic drawing gas out for a second week.
ExxonMobil confirms new Guyana discovery, assesses Ranger development
ExxonMobil has made a new hydrocarbon discovery at the Rockhead-1 exploration well in Guyana's offshore Stabroek Block, potentially strengthening the case for a commercial development centred on the nearby Ranger discovery.
Nigeria revises gas pipeline access code as regulator flags $30bn-$50bn investment need
Nigeria’s NMDPRA launched Revision 2 of its gas network code as it sees a $30bn-$50bn investment need by 2030 and pipeline capacity rising to about 4.2 bcfd.
Africa drives 96% of Eni’s net oil and gas production growth in Q3
Africa delivered 70,000 of Eni’s 73,000-boepd net output gain in Q3 2026, led by Côte d’Ivoire, Angola and Congo, as the Italian major sells mature assets.
Putin can’t beat Ukraine so he starts another fight - with Japan
A Russia that devotes more than two-fifths of its budget to one war, sells gas to Beijing at a deep discount and treats its leading eastern customer as an enemy is not projecting strength from Etorofu. It is advertising how few friends it has left.
Singapore raises solar power target to 4 GW by 2035
The higher target lands while the country is still short of its earlier milestone, with 2.3 GW installed as of October.
Putin says EU phase-out of Russian gas will raise costs
Putin said efforts to exclude Russia from global gas markets would raise consumer costs at the Gas Exporting Countries Forum in Moscow.
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