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Shell's strategic exit from Colombian offshore ventures highlights sector challenges
British-Dutch multinational Shell has initiated the divestment of its 50% stake in the Fuerte Sur, Purple Angel, and COL-5 offshore gas blocks in Colombia's Caribbean region, a move attributed to strategic portfolio realignment.
Fuel shortages and poor planning ignite protests in Bolivia
While the government of President Luis Arce seeks to contain growing discontent, thousands of miners and agricultural workers have taken to the streets, demanding urgent structural reforms.
BERTRAND: China now accounts for 64% of world’s renewable energy output
According to the latest report by the International Renewable Energy Agency (IRENA), an extraordinary 64% – nearly two-thirds – of all renewable energy capacity added globally in 2024 was installed in China.
Kazakhstan continues efforts to finalise Russian gas supply agreement with Gazprom
Kazakhstan is continuing efforts to finalise a long-term natural gas supply agreement with Russia’s Gazprom, but ongoing disputes over pricing appear to have delayed a deal.
Kazakhstan will put national interests over OPEC+ oil limits, says energy minister
Comments spark fears of price wars and even of a potential de facto exit from the coalition by the Central Asian country.
Fortum to acquire Orange Energia for up to €28mn
The Polish business of Finnish energy group Fortum has acquired electricity supplier Orange Energia for up to PLN120mn (€28mn).
Czech antitrust office turns down French EDF’s complaint over Dukovany nuclear tender in its final decision
The Czech antitrust office, ÚOHS, turned down the complaint filed by the French Electricité de France over the selection of South Korean Hydro and Nuclear Power as the contractor for the Dukovany NPP enhancement project.
Czech coal tycoon Tykač continues buying ČEZ stocks, which have gained 20% in 2025
Czech coal tycoon and billionaire Pavel Tykač, who controls one of the largest Czech energy groups Sev.en, continues to buy stocks of the majority state-owned energy utility, Prague-listed ČEZ.
Azerbaijan and China sign major renewable energy deals
Baku is accelerating its partnerships with major Chinese energy firms in developing large-scale renewable infrastructure, including offshore wind, floating solar and battery storage projects.
South Africa’s power utility Eskom seeks assistance in establishing its renewable energy business
South Africa’s national power utility Eskom has issued an invitation to tender for renewable energy companies to assist in accelerating the establishment of its separate renewable energy business as a new independent subsidiary of Eskom.
Vietnam defines safety zones in preparation for Ninh Thuan nuclear plant construction
Vietnam’s Ninh Thuan province is working with central ministries to determine safe distances between residential areas and two planned nuclear power plants, as the country revives its atomic energy ambitions, provincial authorities said.
Toyo Ventures hit by Malaysian EXIM Bank withdrawal amid Vietnam power project dispute
Toyo Ventures Holdings Bhd is facing another setback in its embattled Vietnam power plant venture as the Export-Import Bank of Malaysia (EXIM Bank) moves to terminate its role as the exclusive lead arranger for project financing
Indonesia rejects Thorcon’s nuclear plant site evaluation over technical deficiencies
Indonesia’s Nuclear Energy Regulatory Agency (Bapeten) has rejected key documentation submitted by PT Thorcon Power Indonesia (TPI) for its planned molten salt reactor (MSR) nuclear power plant on Kelasa Island, citing unmet technical standards
Ex-Petronas manager charged in alleged espionage amid tensions with Sarawak's Petros
A former Petronas executive is facing attempted corporate espionage charges, accused of trying to leak confidential company documents during sensitive negotiations with Sarawak’s state-owned energy firm, Petros, over gas aggregation rights
Indonesia’s new coal pricing policy struggles to gain traction in China
Indonesia’s efforts to enforce a new government-mandated coal pricing mechanism are facing resistance from its largest buyer, China, threatening Jakarta’s bid to exert more control over its key commodity exports
Cambodia’s clean energy drive may squeeze informal fuel sellers
Cambodia’s push for clean energy and electric vehicle (EV) adoption may impact informal workers relying on gasoline sales, vendors say.
India’s OPEC oil imports hit record low in FY25 as Russian crude gains ground
India’s crude oil imports from OPEC dropped to an all-time low in fiscal year 2024–25 as the country’s refiners continued to favour cheaper Russian crude
Colombia's GeoPark appoints former Ecopetrol CEO amid energy leadership reshuffle
GeoPark Ltd., a Colombian oil and gas firm, has named Felipe Bayón, former CEO of Ecopetrol, as its new chief executive and board member, effective June 1 2025.
BPCL and GPS Renewables set up joint venture to develop compressed biogas plants in India
Bharat Petroleum Corporation Limited (BPCL) and GPS Renewables Private Limited have entered into a joint venture to develop compressed biogas (CBG) plants across India, BPCL announced in a press release.
JSW Energy begins work on Salboni thermal power plant in India's West Bengal
JSW Energy Limited, one of India’s leading private power producers, has launched construction of a 1,600 MW (2x800 MW) thermal power facility in Salboni, West Bengal, the company said in a press release.
Brazil’s Petrobras stock falls 15% in April but analysts maintain bullish outlook
Shares in Brazil’s national oil company (NOC) Petrobras have fallen more than 15% in April, but several leading investment banks are maintaining their buy recommendations, citing attractive dividend yields and valuation metrics
Petronas Carigali launches tender to support offshore drilling in Indonesia
Petronas Carigali, the upstream arm of Malaysia’s national energy company, has issued a key tender for mud logging equipment and services to support its upcoming drilling campaigns in Indonesian waters
Sanyo denki moves to 100% green energy in the Philippines through first gen partnership
Japanese firm Sanyo Denki Co. Ltd. has partnered with First Gen Corporation, a key player in clean energy in the Philippines, to fully power its Philippine operations with renewable energy, reported Philippines News Agency.
Bulgaria’s constitutional court bans renewable projects on agricultural land
Bulgaria’s constitutional court decided to declare for partly unconstitutional regulations that would allow easier construction of renewable energy projects on agricultural land, Lex.bg news portal reported.
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