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China’s emissions growth flat as emissions peak arrives
China’s carbon dioxide emissions remained flat in the third quarter of 2025 compared to a year earlier, extending a trend of stabilisation that began in March 2024.
COMMENT: Ukraine slowly wearing down Russia's oil industry
Russia’s oil industry, long seen as the bedrock of the country’s economic strength, is being slowly degraded—not by sanctions or falling demand, but by the persistent and methodical pressure of Ukraine’s drone attacks.
China unveils world’s first thorium-powered container ship
China has launched the world’s first container ship powered by a thorium molten salt reactor (TMSR), marking a potential milestone in nuclear maritime propulsion and low-emission shipping technologies.
Oil tanker diverts to Iranian territorial waters in Gulf of Oman incident
Marshall Islands-flagged oil tanker diverts towards Iranian waters after being approached by three boats near UAE's Khor Fakkan in suspected targeted incident, British security firm reports.
Bulgaria’s parliament overturns president’s veto on Lukoil refinery law
Bulgaria’s parliament overturned President Rumen Radev’s veto on a law that gives the government more control over the local assets of Russia’s oil company Lukoil, less than ten days before new US sanctions take effect.
US supermajor Chevron outlines focus on cash flow growth
US-based supermajor Chevron unveiled its plans for the next five years at its investor day on November 12.
Hungary global leader in share of solar energy, report shows
Solar power accounted for close to 30% of electricity generation in Hungary in H1 2025, more than in any other country covered in a global report by international independent think tank Ember.
Baytex exiting Eagle Ford to focus on Canada
Canada’s Baytex Energy has agreed to sell its assets in the US’ Eagle Ford shale to an unnamed buyer for CAD3.25bn ($2.305bn) in cash.
UAE: TA'ZIZ signs petchem supply deal with India’s Sanmar Group
TA’ZIZ has announced the signing of two-product sale agreement term sheets with India’s Sanmar Group, a global manufacturer of specialty chemicals.
Bulgarian president vetoes law on seizure of Lukoil assets
The veto comes just ten days before new US sanctions on Lukoil take effect, which could block the operation of its Bulgarian assets.
Russia signals readiness to give up control of Serbia’s NIS amid US sanctions
Russia is prepared to relinquish control of Serbia’s oil company, NIS, to a third party to resolve US sanctions that threaten the firm’s operations and Serbia’s energy security.
Venezuela’s oil lifeline falters as US military pressure mounts
Venezuela’s oil industry, the backbone of its economy and once the envy of Latin America, is buckling under the combined weight of US sanctions, falling prices, and internal dysfunction
AEC to host G20 African Energy Investment Forum ahead of G20 Summit in Johannesburg
The African Energy Chamber (AEC) will host the G20 African Energy Investment Forum ahead of the G20 Summit in South Africa.
COP30: China holds back on Brazil forest fund
China has decided not to provide funding at this stage to Brazil’s new rainforest protection mechanism, citing the principle that wealthier nations should take the lead in climate finance.
Bolivia’s energy sector crisis poses early test for new president Rodrigo Paz
Bolivia’s president Rodrigo Paz takes office amid a deep energy crisis, with plummeting production, a financially weak state oil company, and fuel shortages, making immediate stabilisation his administration’s urgent priority.
Nigeria to launch 2025 oil licensing round on December 1, says regulator
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that the 2025 oil licensing round will be officially launched on December 1.
Taiwan village flooded after storm pushes creek beyond banks
Mingli Village in Hualien’s Wanrong Township was submerged after water from Matai’an Creek overflowed following intense rainfall brought by Tropical Storm Fung Wong, according to Taiwan's Water Resources Agency.
UN says climate crisis is intensifying typhoons impacting the Philippines
The United Nations cautioned that intense storms such as Typhoon Fung wong, locally called Uwan, are likely to increase as rising sea temperatures around the Philippines fuel extreme weather.
China’s green capital powers Indonesia’s 100-GW solar ambition
Indonesia’s vision to build 100 GW of solar energy is gathering real momentum, fuelled by growing Chinese investment under the Belt and Road Initiative.
Aramco reportedly pauses Safaniya onshore tender
Saudi Aramco is reported to have extended the bid deadline for its Safaniya onshore oilfield development project, according to industry publications
Nigerian crude earnings fell 43% in 2024 despite higher output
Data from Nigeria’s Budget Implementation Report for Q4 2024, published this week, has shown that profits from the country’s oil and gas sales plummeted by 43% in 2024, despite production increasing on average.
South Sudan’s president reverses petroleum ministry reshuffle amid heightened export security risks
South Sudan's petroleum ministry undersecretary has been reinstated a week after his removal. The move comes amid Sudan's warning that continued RSF drone attacks near key infrastructure could force a shutdown of the pipeline to Port Sudan.
INTERVIEW: Seonghoon Woo - Amogy CEO and a global leader in ammonia powered energy solutions
Ammonia is fast emerging as a key player in the global transition to cleaner energy systems, particularly across Asia where it offers a versatile and potentially carbon-free solution for storage, transport, and power generation.
Kyrgyz leaders past and present attack each other over power crisis
President Japarov, meanwhile, claims enemies are trying to bring him down, warns: “From now on, you will only see a coup in your dreams."
Iran announces emergency restrictions in Tehran over air pollution
Tehran governorate imposes 24-hour emergency restrictions on mining and school sports across 10 districts due to severe air pollution, whilst keeping schools and offices open on November 11.
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