Latest Stories
Ukraine hits Russia’s Druzhba oil pipeline again with drones
Ukraine has carried out another strike on the Druzhba oil pipeline, hitting the Unecha oil pumping station, Russian officials confirmed on August 21. The attack marks the latest in a series of incidents targeting the Soviet-era pipeline that delivers
South Africa’s national utility Eskom launches first renewable energy offtake programme
South Africa’s state-owned power utility Eskom has launched its first renewable energy offtake programme by issuing a request for proposal (RFP) for large power users.
Colombia’s Petro warns Venezuela intervention could bankrupt Ecopetrol
Colombian President Gustavo Petro cautioned that a military intervention in Venezuela would trigger severe economic fallout for Colombia, including the risk of collapse for state oil company Ecopetrol
Czech branch of Polish Orlen reports a loss of CZK5bn in H1
The Czech branch of the Polish refiner incurred a loss amid high energy prices and modernisation investments
Mubadala nears key engineering awards for Indonesia’s Andaman gas project
Abu Dhabi’s Mubadala Energy is approaching a critical stage in its Indonesian operations as it moves closer to awarding front-end engineering and design (FEED) contracts for its deepwater Andaman Sea gas development
India and Russia agree to strengthen trade partnership
India and Russia agreed on August 21 to expand their economic partnership during a meeting of their foreign ministers in Moscow
Osaka Gas launches first large-scale battery project with partners, sets 1GW goal by FY2030
Osaka Gas, together with Itochu and Tokyo Century, has inaugurated the Senri Power Storage Station in Suita City, Osaka Prefecture.
Sri Lanka to build two battery power plants by 2027
Sri Lanka will construct two large-scale battery power plants with a combined capacity of 260 MW in 2026 and 2027 as part of efforts to strengthen energy security and prevent nationwide outages
Falling Caspian Sea levels hit Azerbaijan’s oil shipments
Falling Caspian Sea levels hit Azerbaijan’s oil shipments
Transition Industries secures Mexican methanol plant partnership with Bonatti
Italian engineering firm Bonatti has entered a Heads of Agreement with Transition Industries to develop the Pacifico Mexinol complex in Sinaloa, establishing what would become the globe's largest independent ultra-low carbon chemical manufacturing
Hungary's foreign ministry thanks Russian deputy energy minister for repairing Druzhba pipeline
Taiwan’s solar sector: A renewables revolution facing persistent challenges
Analysts see these numbers as doubtful at best given finite land resources, societal friction and the common but often ignored levels of corruption seen in Taiwan at the local level to get projects started.
Iran condemns UK sanctions as Britain targets oil network
Iran condemns UK sanctions on oil magnate Mohammad Hossein Shamkhani and four companies as "baseless" whilst Britain cites destabilising activities and regional proxy.
Serbia in talks with Russia on long-term gas deal
Serbia is in advanced negotiations with Russian energy giant Gazprom over a new long-term natural gas supply agreement.
US Treasury sanctions Iranian oil exports and shadow fleet operations
US Treasury sanctions 13 entities, eight vessels and one individual involved in Iranian oil shadow fleet operations whilst removing four Belarus-related designations from sanctions list.
Serbia’s NIS advances digital transformation in oil and gas operations
NIS has expanded its digital transformation initiatives in oil and gas exploration and production, investing more than €2mn to enhance its production management centre in Novi Sad.
Brazil fears US may block $125bn global rainforest fund at World Bank
Brazil’s plans to launch a global tropical forest fund at COP30 risk being undermined by rising diplomatic tensions with the United States, according to officials.
Brazil’s Petrobras moves to bolster influence in Braskem
Brazil’s Petrobras is weighing an increase in its stake in petrochemical firm Braskem to secure more influence in company decisions, according to people familiar with the matter.
Helix Energy secures multi-year Gulf of Mexico intervention contract starting 2026
US offshore energy services provider Helix Energy Solutions Group has won a multi-year contract to deliver production enhancement and well abandonment services in the Gulf of Mexico
Transition Industries secures Mexican methanol plant partnership with Bonatti
Italian engineering firm Bonatti has entered a Heads of Agreement with Transition Industries to develop the Pacifico Mexinol complex in Sinaloa, establishing what would become the globe's largest independent ultra-low carbon chemical manufacturing
Zimbabwe industry lobby urges authorities to promote investment in energy production as demand surges
Uganda signs $4bn oil refinery deal with UAE's Alpha MBM Investments
Uganda has finalised an agreement with UAE-based Alpha MBM Investments LLC to develop a 60,000-bpd crude oil refinery in Kabaale. The $4bn project is expected to begin construction later this year and could be operational within three years.
Jordan launches first CNG refuelling station powered by Risha field
Jordan inaugurated its first independent compressed natural gas (CNG) refuelling station for buses, trucks and other vehicles, in what officials described as a major step to expand natural gas use domestically and reduce energy costs.
Follow us online