Latest Stories

Ukraine hits Russia’s Druzhba oil pipeline again with drones

22 August 2025

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

22 August 2025

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

22 August 2025

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

22 August 2025

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

22 August 2025

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

22 August 2025

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

22 August 2025

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

22 August 2025

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

22 August 2025

Falling Caspian Sea levels hit Azerbaijan’s oil shipments

Transition Industries secures Mexican methanol plant partnership with Bonatti

22 August 2025

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

Taiwan’s solar sector: A renewables revolution facing persistent challenges

21 August 2025

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

21 August 2025

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

21 August 2025

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

21 August 2025

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

21 August 2025

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

21 August 2025

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

21 August 2025

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

21 August 2025

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

21 August 2025

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

Uganda signs $4bn oil refinery deal with UAE's Alpha MBM Investments

21 August 2025

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

21 August 2025

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.

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