Free Top Stories
Shell launches fourth phase of deepwater Malaysian project
Shell has commenced production from Phase 4 of the Gumusut-Kakap-Geronggong-Jagus East deepwater development off the coast of Malaysia.
EU proposes extending gas storage targets for another two years, member states seek flexibility
The European Commission proposed extending natural gas storage targets for another two years on March 5, meeting with resistance from some member states who have complained that the goals distort market prices and that greater flexibility is needed.
Iran strikes oil deposits estimated at 5bn barrels worth $346bn
Discovery announced by head of exploration department of National Iranian Oil Co. NIOC.
Uzbekistan launches drive to develop minerals & mining sector
An invitation for the United States to invest.
TEIF 2025: Global partnership, investment and development
The International Forum to Attract Foreign Investments in Turkmenistan’s Economy (TEIF 2025) is scheduled to take place on April 23-24 this year.
Moldova’s inflation eases to 8.6% y/y in February as government subsidises electricity prices
Moldova's government announced subsidies after Gazprom cut off gas supplies previously used to generate electricity.
Kazakhstan unveils plans to expand gas storage capacity
Kazakhstan intends to construct underground gas storage facilities between 2025 and 2029 to support the expansion of the country’s gas sector.
Turkmenistan is trying to come out of its shell
Economic necessity is the mother of diversification.
UAE continues LPG awareness campaign
The Abu Dhabi Department of Energy this week launched the second phase of a public awareness campaign designed to inform users about safe and responsible use of liquefied petroleum gas.
Oman, Pakistan discuss petchem trade
Oman’s Consul General Sami Abdullah Salim Al Khanjari has offered an invitation to Pakistan’s business community to search for potential investment opportunities with Oman – with a particular focus on the country’s petrochemical sector.
Poland’s Orlen signs deal to supply Ukraine with LNG
The LNG will be transported from cargoes delivered to the LNG import terminal located in Klaipeda, Lithuania. The super-chilled fuel will then be transported through Lithuania and Poland before it reaches Ukraine via the Drozdovychi interconnector.
Turkey’s investment flows boost Romania’s solar power potential
Turkey has emerged as a strong actor in Romania’s renewable energy sector through recent investments and joint ventures.
INTERVIEW: Mumbai-based solar EPC company Ohms Energy expects 50-60% y/y growth over three years
The company has many projects in the pipeline, under different models and is also very active in the residential space where it has executed solar EPC projects for large housing societies.
Vucic and Putin discuss US sanctions on NIS, new gas contact
Serbia, which maintains strong historical ties with Russia, has walked a delicate line between its allegiance to Moscow and its aspirations to join the EU.
Golden Pass LNG receives US export extension
QatarEnergy and ExxonMobil’s joint venture Golden Pass LNG has been granted an extension for its permit for exports to begin.
Venezuela naval vessels enter disputed Guyana waters near ExxonMobil site, Maduro regime approaches Caricom
Venezuela's coast guard vessels allegedly entered Guyanese waters on March 1, approaching an ExxonMobil production vessel in the disputed offshore region, Guyana's President Irfaan Ali announced.
INTERVIEW: Industrialisation is key to Kazakhstan’s development, says EDB chief economist
New phase of development is set to expand the non-resource sector, with manufacturing leading the way, according to the Eurasian Development Bank’s Evgeny Vinokurov.
Congress votes to scrap Biden-era methane fee
The Republican-controlled US Congress has moved to repeal a fee targeting methane emissions from oil and gas producers.
CNOOC prepares to launch new Chinese refinery in June
CNOOC is set to bring an expanded joint venture refinery into operation around June, marking a further step in its refining and petrochemicals expansion.
Pemex seeks lifeline in Asia and Europe after Trump’s tariff blow
Mexican state oil company Pemex is seeking markets in Asia and Europe for its crude exports following President Donald Trump's recent imposition of tariffs on Mexican goods, according to Reuters.
Hyundai to launch electric vehicle production at Turkey plant in 2026
Korean giant plans to move to a zero-tailpipe emissions portfolio of vehicles in Europe by 2035.
Africa to remain key player in high-impact drilling for oil and gas in 2025
Major discoveries have been made in South Africa’s Outeniqua Basin and Namibia’s Orange Basin, turning the region into a hotspot for high-impact exploration, particularly offshore Namibia.
Emerging issues in the Bangladesh renewable energy and power sector
Only about 4% of Bangladesh's 28,000 MW of installed capacity is renewable energy sources.
Follow us online