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Hungary cuts fuel supply to Ukraine, accuses Kyiv of political blackmail by delaying resumption of crude deliveries

Hungary has accused Ukraine of trying to create an oil crisis by deliberately delaying the restart of Druzhba pipeline deliveries, a move Budapest claims is direct interference in Hungary's upcoming general election.

Renewables to contribute 26% of India’s power generation by end-FY2026

Renewable energy is expected to account for 26% of India’s total electricity generation by the end of FY2026, even as demand conditions remain relatively subdued

ADB backs Thai solar and storage scheme with $350mn in financing

The two hybrid solar-plus-storage facilities will have a combined contracted capacity of 126MW and 151MWh of battery energy storage.

COMMENT: US strike on Iran is all but inevitable with Trump backed into a corner

As the Iranians continue to make military threats while blocking off the crucial oil transit point of the Strait of Hormuz, it appears that US President Donald Trump will inevitably launch an attack on Iran.

Eni announces significant hydrocarbon discovery offshore Côte d'Ivoire

Italian integrated energy company Eni on February 16 announced a significant gas and condensate discovery in Côte d'Ivoire.

Czech minister of industry offers Slovakia oil supplies via Druzhba pipeline

Slovakia's oil supplies via the Russian Druzhba have been disrupted since the end of January, following Russia’s military operations in the east of Ukraine.

Egypt approves 4,720MW renewable energy projects by Kemet Group

The Egyptian cabinet has approved the implementation of four energy projects by Egypt United National Industries Group (Kemet), with a combined capacity of 4,720MW

Mauritania to expand power capacity through gas, renewables and grid upgrades

Mauritania is targeting new thermal, gas-to-power, solar and wind projects to satisfy rising urban power demand.

Tunisia’s power output increases 6% y/y in 2025

Kuwait ranks 30th in GDP per capita, according to Harvard study

The Atlas of Economic Complexity Ranking indicates Kuwait's persistent economic sustainability, underpinned by oil revenues and an increasingly robust financial sector.

China’s State Grid secures €50mn EBRD-backed power substation in Egypt

State Grid Corporation of China has secured a contract to build a new 500-kilovolt electricity transformer substation in Egypt, with investments estimated at €50mn.

Egypt seeks IFC backing for $4bn refinery and mining expansion drive

Egypt’s Ministry of Petroleum and Mineral Resources is currently implementing a plan to modernise existing refineries through six projects with total investments exceeding $4bn

Algeria and Niger launch Trans-Saharan Gas Pipeline project

Algerian President Abdelmadjid Tebboune announced on February 16 the formal launch of the Trans-Saharan Gas Pipeline project across Niger

China’s vast water diversion project reshapes growth in the arid north

China’s South-to-North Water Transfer Project has delivered 64.73bn cubic metres of water to the country’s arid north over the past year, bringing cumulative transfers to more than 83bn cubic metres since operations began.

Epstein advised against Aramco IPO to avoid ‘Wall Street demons’

Epstein counselled senior Saudi officials to abandon the US IPO of Aramco

Australia trapped under a “heat dome”, braces for extreme 50°C temperatures

Australia has found itself trapped under a “heat dome” that threats to send temperatures up above 50°C. Authorities are already warning residents to stay indoors during the day.

Egypt to launch $3.75bn tender for 75 additional LNG shipments

Egypt is preparing to launch a major international tender in March 2026 to import 75 additional shipments of Liquefied Natural Gas (LNG).

Morocco’s delay of $954m LNG terminal project in Nador sparks debate

North Macedonia to import US LNG under new reciprocal trade framework with Washington

North Macedonia will begin purchasing US liquefied natural gas once the new gas interconnector with Greece is completed.

China snaps up US-seized Venezuelan crude

China has purchased Venezuelan crude oil that was sold by the US following Washington’s seizure of President Nicolás Maduro in January and a number of the country’s oil tankers.

Shrinking cloud cover adds to accelerating Climate Crisis

Earth’s cloud cover is diminishing in key regions, reducing the planet’s ability to reflect sunlight back into space and adding to the accelerating Climate Crisis, research reported by Science found.

India expresses interest in US LNG

India would be open to purchasing LNG from the US if the world’s biggest supplier of the super-chilled fuel offered reasonable prices, the CEO of state-owned Petronet said.

Poland Europe’s largest methane super-emitter from coal mines

Poland has been identified as Europe’s largest “super-emitter” of methane from coal mining operations, according to a new report by energy think-tank Ember.

A hellish “hothouse world” looms as run-away warming tipping points approach

The warning comes as China and India report the first sustained emissions decreases, years ahead of schedule, but the US continues to ignore its carbon budget limits set by the 2015 Paris Agreement and has significantly increased CO₂ emissions.

Wild fires are burning forests carbon sinks, but China bucking the trend with a massive desert forestation project

Extreme weather has led to an explosion of deadly wildfires around the world that are turning forests that should be a CO₂ sink into major sources of additional emissions as the area that burns each year expands.