Latest Stories

Central Petroleum, partners achieve strong gas flow results from Mereenie well in Australia's Northern Territory

22 January 2025

ASX-listed explorer Cue Energy Resources announced on January 22 that the recently drilled the onshore West Mereenie 29 (WM29) well in the Amadeus Basin in the Northern Territory, has delivered strong results.

Argentina's YPF secures funding to expand Vaca Muerta operations

22 January 2025

YPF CEO Horacio Marín has secured fresh financing to expand the company's investments in Vaca Muerta, successfully placing a $1.1bn Negotiable Obligation in international markets while buying back $750mn in debt maturing this year.

Chile's Colbún starts work on $260mn battery storage project

22 January 2025

Chilean power company Colbún has begun construction of its 228 MW/912 MWh Celda Solar storage facility in the Arica and Parinacota region, the firm's largest battery project to date and one of Chile's most significant energy storage developments.

Chile well-placed for green growth, says OECD

22 January 2025

Chile could revive its stagnant economic growth through energy transition, leveraging its significant renewable resources and mineral reserves, according to the OECD’s 2025 Economic Survey of the country.

Azerbaijan can help hook up Iran, Russia power grids, Iranian minister says

22 January 2025

Iran has proposed to Azerbaijan that it could serve as an intermediary in setting up an electrical link with Russia, Iranian Energy Minister Abbas Aliabadi said.

CNOOC launches new Yinggehai Basin gas project off China

22 January 2025

China’s state-owned offshore oil and gas operator China National Offshore Oil Corporation has commenced production at the Dongfang 29-1 gas project in the Yinggehai Basin, offshore China.

Czech electricity production fell by 4% y/y in 2024

22 January 2025

Czechia produced 68.7 TWh of electricity last year amid the falling production of coal plants, Czech Press Agency (CTK) reported, citing figures from the oEnergetice.cz website.

Kerman Motor to enhance electric vehicle infrastructure across Iran from north to south

22 January 2025

Kerman Motor, a domestic automotive manufacturer in Iran, is advancing electric vehicle (EV) infrastructure across the country, reinforcing its commitment to sustainable transport.

Asia's gas industry welcomes Trump's lifting of LNG approval pause

22 January 2025

“The resumption of US LNG export approvals is welcomed by every country in Asia,” ANGEA CEO Paul Everingham said.

Taiwan’s LNG policy faces environmental, safety criticism

22 January 2025

Taiwan’s push to increase LNG infrastructure by adding a proposed fourth LNG terminal, near the port city of Keelung in the north of the country, has drawn criticism from environmental groups and local stakeholders.

UK's Global OTEC partners with Brazilian Institute on Ocean Energy

22 January 2025

UK company Global OTEC has signed an agreement with Brazil's COPPE/UFRJ research institute to study Ocean Thermal Energy Conversion (OTEC) development in Brazilian waters, marking a significant step in the country's renewable energy expansion.

India on the brink of a new oil shock

22 January 2025

India is facing the very real threat of an oil shock as new US sanctions targeting Russian crude come into force.

UK’s Tracerco bags Brazil subsea contract from TechnipFMC

22 January 2025

UK-based Tracerco has secured a contract from TechnipFMC to provide measurement technology for Brazil’s national oil company (NOC) Petrobras's Mero 3 subsea separation project offshore Brazil.

Badr El-Din Petroleum announces gas discovery in Egypt’s Western Desert

22 January 2025

Egyptian private energy firm Badr El-Din Petroleum (BAPETCO) announced a new gas discovery in the Badr-1 area in the Western Desert through the exploratory well 10-2X, following the success of well 10-1X

Madhya Pradesh state to provide 170-MW solar power to Indian Railways

22 January 2025

Madhya Pradesh will provide 170 MW of solar energy to Indian Railways, Chief Minister Mohan Yadav announced on X

Renewable energy to hold steady at 21% of India's energy mix in FY25

22 January 2025

India Ratings and Research (Ind-Ra) predicts that renewable energy, including large hydro, will hold steady at 21% of the country's energy mix in FY25, with the remainder coming primarily from thermal power

Trump's oil push could hit Brazil's trade balance

22 January 2025

Increased US oil production under Donald Trump's promised "energy emergency" could pressure global prices and affect Brazil's trade balance, analysts say, marking a sharp reversal of predecessor Joe Biden's climate policies.

Cambodia's oil and gas imports surge 12% in 2024 amid rising domestic demand

22 January 2025

Cambodia's reliance on imported oil and gas deepened in 2024, with total spending surging 12% to $2.69bn, according to a Ministry of Commerce report released on January 21.

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