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Rosneft reduces shareholding in Kurdistan pipelines
Russia’s Rosneft has executed a strategic reduction of its shareholding in the Kurdistan Pipeline Co. (KPC), bringing its stake below the critical 50% threshold to insulate the subsidiary from the reach of US sanctions
Iran air pollution reaches hazardous levels, Danish embassy reports
Air pollution in Tehran reaches hazardous levels with an AQI of 189 recorded at the Danish embassy. Authorities also move schools online for November 25-26 and ban outdoor sports as emergency measures are implemented across the capital.
Turkmenistan still venting like crazy, methane super-emissions data show
Country clearly still needs a kick in the gas.
Indonesia–Singapore energy ties deepen as clean power ambitions converge with private capital moves
Indonesia and Singapore are entering a new phase of energy cooperation, one shaped by the simultaneous rise of clean-power ambitions and strategic private-capital bets on the region’s downstream energy sector.
Ghana advances talks to acquire Springfield’s WCTP2 stake to unlock stalled deepwater development
Ghana is holding advanced talks to acquire Springfield Exploration and Production’s stake in the West Cape Three Points Block 2 (WCTP2), one of the country’s most prized undeveloped deepwater assets, officials said.
India's smart meter rollout faces delay
India’s ambitious drive to modernise its power distribution network through the Revamped Distribution Sector Scheme (RDSS) is facing mounting pressures, with delays in installing smart meters and slow payment cycles threatening to erode returns
Asian utilities locked into coal as long-term contracts slow transition
Asia’s shift towards cleaner energy is being hampered by decades-long coal power agreements that continue to bind utilities to fossil-fuel generation, even at times when cheaper renewable supplies are readily available.
India confronts stricter US sanctions as Russian oil imports decline
India’s reliance on discounted Russian crude — a pillar of its energy strategy since 2022 — has come under renewed strain as Washington tightens sanctions and imposes fresh tariffs on Moscow’s energy sector.
Alcazar Energy Partners in talks to acquire 500-MW Niat wind project in Egypt from Siemens Gamesa
Alcazar Energy Partners is in reportedly in advanced discussions to acquire the 500-MW Niat wind project in Egypt from Siemens Gamesa, a move that would deepen its presence in the Gulf of Suez wind corridor.
MACRO ADVISORY: Will dark water take the shine off Kyrgyzstan’s golden growth?
The Kyrgyz Republic has reported average annual GDP growth of 9% for the past three years and will again be close to that growth in 2025. But while the economy is doing well, Kyrgyzstan and its neighbours are facing a major power and water crisis.
Nigeria’s fuel marketers warn unpaid transport-cost debts threaten supply stability
Nigeria’s Independent Petroleum Marketers Association (IPMAN) warns that long-overdue reimbursements inherited from the former Petroleum Equalisation Fund are straining marketers and could pressure downstream fuel supply.
COP30 will likely not produce roadmap to transition from fossil fuels
UN climate talks are nearing an end with battle lines drawn over fossil fuels, as dozens of countries demanded a roadmap to phase out oil, coal and gas in the face of fierce resistance.
Greek PPC plans €3bn investments in Romania over next three years
PPC is already Romania's largest investor in renewable energy with about 1.3GW of capacity.
LONG READ: How oil price discounts became a barometer of the sanction’s effectiveness
When Russian troops crossed into Ukraine in February 2022, the country’s main crude export blend, Urals, was still trading in line with its traditional discount to Brent of $2. A month later Russia discounted it by $30 to find buyers.
EIA: US rig count drops despite production soaring to record highs
The number of active oil and gas rigs in the US has fallen considerably over the past three years
Bank of America predicts Mexico's Pemex will need state support through 2027
Bank of America has forecast that Pemex will continue requiring government backing in 2027, the year Sheinbaum's administration projects the oil company will face its financial obligations alone.
Turkish LPG carrier set on fire during Russian drone attack
A Turkish LPG carrier docked at the port of Izmail, Ukraine, was hit by a Russian drone during an attack, sparking a fire on the vessel, which has now been extinguished.
Nigeria: Dangote refinery denies video showing motorcycle-based fuel delivery service
Nigeria’s 650,000 barrels per day (bpd) Dangote refinery has moved to deny a viral video that suggested it was distributing petrol across the country using motorcycles, according to The Punch.
PETAN, oil majors commit to Nigeria’s 1mn bpd additional output drive
The Petroleum Technology Association of Nigeria (PETAN), together with major international oil companies Shell, TotalEnergies and ExxonMobil, has declared full support for Nigeria’s drive to boost crude oil production.
Egypt and Russia finalise key agreements for Dabaa Nuclear Power Plant
The Egyptian government signed a significant agreement with Russia’s energy firm Rosatom on November 19 to secure the nuclear fuel supply for the first reactor of the Dabaa Nuclear Power Plant
Trump reopens Alaska drilling rolling back Biden-era limits
US President Donald Trump’s administration has rescinded limits in Alaska on oil and gas drilling.
Russia agrees to sell stake in Serbian oil firm NIS
The Russian owners of Serbia’s oil company NIS have agreed to sell their 56.15% stake and are in talks with a potential buyer, as Belgrade races to meet US demands for a full Russian exit from the company.
Iran releases Talara tanker and 21 crew members following STS transfer
Iran releases Talara oil tanker and 21 crew members after six-day detention for fuel smuggling in Persian Gulf waters, following completion of judicial proceedings and cargo discharge.
Venture Global applies for FERC approval for expansion of Plaquemines
US LNG developer Venture Global has submitted a permit application for the expansion of its Plaquemines project with the Federal Energy Regulatory Commission.
Maduro's days look numbered. Venezuela's chaos may be just beginning
The drumbeat of war grows louder in the Caribbean as the US masses its largest military deployment since the Panama invasion. Trump wants Maduro gone — but fears Venezuela could become another Libya.
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