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Uganda, South Sudan seek AfDB financing for Juba–Nimule road
Uganda has proposed seeking African Development Bank financing to reconstruct South Sudan's Juba–Nimule highway, a key cross-border trade route, as both countries pursue closer infrastructure and energy cooperation.
Namibia rules out power grid privatisation amid BW Kudu dispute
Mozambique's sovereign wealth fund reaches $151mn as government channels LNG revenue into infrastructure
Mozambique's sovereign wealth fund holds approximately $151mn in LNG revenues, with 60% of gas income allocated to the state budget and 40% saved for future generations.
Kyrgyzstan finishes its section of CASA-1000 Central Asia to South Asia power export link
Kyrgyzstan says it has finished construction of its section of the CASA-1000 power transmission project, which is meant to carry Central Asian electricity to South Asia.
Azeri Light falls 3% to $124/b as gas output reaches 37.9 bcm
The price of Azerbaijan's Azeri Light crude fell $3.73, or 2.91%, to $124.14 a barrel on the global market, according to a cited market source.
Iran to halt petrol imports for five months after price hike
Iran will stop importing petrol for the five months to March 20 when the current Persian calendar year comes to an end, First Vice President Mohammad Reza Aref said.
Philippines think tank backs solar, batteries over coal in Visayas
The Institute for Climate and Sustainable Cities (ICSC) has urged Philippine policymakers to favour battery storage, solar power and local energy sources over new coal-fired plants to stabilise the Visayas grid.
Kazakhstan analysts raise oil price forecasts and lower inflation outlook through 2028
The Kazakh central bank's latest macroeconomic survey saw analysts raising their forecasts for Brent crude prices and lowering their inflation expectations for Kazakhstan through 2028, while projecting economic growth of 4.8% this year.
Nasa satellite images show carbon monoxide spike over Indonesia
Poland’s September power output up 7.23% y/y to 13.59 TWh
Poland’s total electricity generation rose by 7.23% y/y to 13.59 TWh in September, power grid operator PSE said on October 15. Coal (hard coal and lignite) accounted for 60% of production last month.
Czech ČEZ to challenge Luxembourg court order freezing shares in Diag Human case
Czech majority state-owned energy utility ČEZ is to dispute the Luxembourg court order that froze its shares in the local Luxembourgian companies controlled by ČEZ’s gas distributor GasNet in connection with a major Diag Human arbitration case
Brazil’s Petrobras to receive $859mn from partners after Santos Basin stake changes
Petrobras will receive a net payment of about $859mn from partners Shell, TotalEnergies, and Petrogal after the companies agreed to rebalance costs and volumes in the Berbigao and Sururu fields.
China buys half of Brazil's oil exports as Hormuz closure lifts trade
China bought half of Brazil's oil exports as the war on Iran shut the Strait of Hormuz, helping push Brazilian sales to the Asian country to a record in the first nine months of the year, according to a report by the Brazil-China Business Council.
Philippines removes size limits on power plants
The Philippines' Energy Regulatory Commission (ERC) has abolished caps on the size of new power generating units, allowing developers to build larger plants to keep up with rising electricity demand.
Ugljevik power plant shutdown leaves Bosnia’s Republika Srpska facing electricity shortfall
The shutdown of the Ugljevik Mine and Thermal Power Plant (RiTE Ugljevik) has left Bosnia and Herzegovina’s Republika Srpska entity facing a major electricity supply gap.
El Nino threatens to cut Philippine coffee output
Philippine coffee production may drop under 30,000 tonnes in 2026 as El Niño and higher temperatures weigh on harvests, the chair of the Philippine Coffee Board Inc.
South Korean firms weigh stakes in US Westinghouse nuclear deal
Samsung, SK and Doosan are among the major South Korean business groups weighing whether to take part in buying a stake in US nuclear company Westinghouse.
Malaysia cuts non-subsidised petrol, diesel prices
Malaysia has lowered retail prices for non-subsidised petrol and diesel for the week of October 15 to 21.
Pertamina ships extra fuel to ease Bali shortage
Indonesian state fuel distributor Pertamina Patra Niaga is shipping an additional 57.9mn litres of fuel to Bali and keeping more petrol stations open around the clock to restore disrupted supply on the island.
Indonesia plans incentives for industrial carbon capture tech
Indonesia is preparing incentives for companies that install carbon capture technology, Hashim Djojohadikusumo, the president's special envoy for climate and energy, said.
South Korea's Taihan Cable wins $89mn US cable deal
Taihan Cable & Solution (KRX: 001440), South Korea's second-largest cable manufacturer, has won a KRW120bn ($89mn) contract to deliver a high-voltage cable system in the United States.
Pakistan updates IMF on fuel subsidies at Bangkok meeting
Pakistan's Finance Minister Muhammad Aurangzeb told International Monetary Fund (IMF) Deputy Managing Director Nigel Clarke about the country's fuel subsidy plans during a meeting in Bangkok.
Pakistan's Thar coal power output climbs 12.8%
Electricity generation at four power plants in Pakistan's Thar coalfield rose 12.8% year-on-year to 1,626 GWh in August.
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