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Egypt raises fuel prices by up to 13% for second time in 2025
The Egyptian government announced a sharp increase in fuel prices on October 17, raising the cost of several petroleum products by up to 13%
Nigeria highlights natural gas as key to Africa’s industrialisation - AEC
At the Gas Investment Forum in Lagos on October 7–8, the African Energy Chamber (AEC) highlighted the central role of natural gas in advancing Nigeria’s and Africa’s energy security objectives.
Ghana’s dormant TOR refinery to restart crude operations by October-end
Ghana has long struggled to translate its crude output into refined fuel security. Successive governments have pledged to revive TOR, which has faced years of debt, mismanagement, and technical breakdowns.
Indian refineries prepare to cut Russian oil imports due to Trump’s tariff threats
Some of India’s largest oil refiners are preparing to reduce imports of Russian crude, following comments by US President Donald Trump that Prime Minister Narendra Modi had pledged to wind down purchases.
Kazakhstan, GGGI sign MoU to advance clean hydrogen development under H2G initiative
Kazakhstan’s Ministry of Energy has signed a memorandum of understanding (MoU) with the Global Green Growth Institute (GGGI) to advance cooperation on clean hydrogen and sustainable development under the Hydrogen to Green Growth (H2G) initiative.
Caspian Pipeline Consortium to slightly cut oil exports in 2026
The Caspian Pipeline Consortium (CPC), which transports crude oil from Kazakhstan to global markets via a terminal on Russia’s Black Sea coast, plans a minor reduction in exports in 2026 due to maintenance work at several upstream production sites.
Eurasian Resources Group forecasts sustained metal deficits, sees HBI as key to green steel transition
Eurasian Resources Group (ERG) said on October 13 that global metals markets are undergoing a strategic revaluation, with prolonged supply deficits expected in copper, aluminium and chrome, while HBI is gaining traction in green steelmaking.
Philippines introduces carbon credit framework to advance clean energy
The Department of Energy (DOE) has introduced the Philippines’ first regulatory framework for carbon credits in the energy sector, designed to cut greenhouse gas emissions and attract investments in sustainable projects.
Pertamina and Daqing boost Indonesia’s oil recovery
Indonesia’s state-owned energy firm Pertamina has entered a strategic partnership with China’s Daqing Oilfield Co., Ltd. to advance the use of Chemical Enhanced Oil Recovery (EOR) technology aimed at boosting national oil production.
Ex-Indonesian president son’s LNG shipping firm to invest $508mn by 2026
PT GTS Internasional (GTSI), the LNG transport company controlled by Indonesian conglomerate Tommy Soeharto, has announced plans to invest up to $508mn (around IDR7.5 trillion) by 2026 to accelerate the expansion of its fleet
PLN Indonesia Power launches ‘Green Action 2025’ to strengthen ecological resilience nationwide
PT PLN Indonesia Power (PLN IP) has launched a large-scale environmental initiative called Green Action 2025, aimed at bolstering sustainability and ecological resilience across 37 operational regions in Indonesia
ICVCM opens Singapore office to oversee Asia’s carbon markets
The Integrity Council for the Voluntary Carbon Market (ICVCM) has opened its first physical office in Singapore, marking a key step in expanding its presence and regulatory influence across Asia’s fast-growing carbon markets
US pushes Japan to curb energy trade with Russia
The United States has called on Japan to end its imports of Russian energy resources, with Treasury Secretary Scott Bessent conveying Washington’s stance to Japanese Finance Minister Katsunobu Kato.
South Korea confident in affordable renewable expansion
Climate, Energy and Environment Minister Kim Sung-whan has dismissed concerns that expanding renewable energy will drive up electricity prices in South Korea.
China completes cold testing on first modular reactor
China has successfully completed the cold functional testing of its ACP100 small modular reactor (SMR), known as Linglong One, located at the Changjiang nuclear site in Hainan Province.
Nigeria’s NUPRC has approved 28 oil field development plans in 2025
The Nigerian Upstream Petroleum Regulatory Commission has approved 28 Field Development Plans worth $18.2bn aimed at increasing crude oil production by nearly 600,000 barrels per day
EU to tighten enforcement on fuel imports made from Russian crude
The European Union will require fuel importers to prove their cargoes are not derived from Russian crude oil, strengthening enforcement as a new ban on such products takes effect on January 21 2026.
Putin reaffirms Russia’s position in global energy production at Moscow forum
President Vladimir Putin reaffirmed Russia’s role as a dominant global energy producer at the Russian Energy Week 2025 forum in Moscow, defending the country’s oil, gas, coal and nuclear sectors while criticising Western restrictions.
Nigeria partners with World Bank to advance methane reporting and curb flaring by 2030
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a partnership with the World Bank Group to enhance industry capacity for methane abatement and emissions management
Sri Lanka and Sinopec push ahead with $3.7bn Hambantota oil refinery project
A delegation of China’s Sinopec Company, met with Sri Lanka’s Minister of Foreign Affairs, Foreign Employment and Tourism, Vijitha Herath, to review progress and address pending issues related to the new oil refinery project in Hambantota
Italy remains top buyer of Azerbaijani oil in 2025, followed by Czech Republic and Croatia
Azerbaijan exported 16.99mn tonnes of crude oil and oil products worth $8.94bn in January–September 2025, according to data from the State Customs Committee.
Central Asia’s Kambarata-1 hydro megaproject has won strong backing from global financial institutions, says minister
The joint megaproject of Kyrgyzstan, Uzbekistan and Kazakhstan to build the Kambarata-1 hydroelectric power plant (HPP) has won strong backing from global financial institutions, Uzbek Minister of Energy Jorabek Mirzamahmudov said in an interview.
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