Latest Stories

South Korea faces renewable energy safety concerns

2 March 2026

A string of accidents at renewable energy sites in South Korea has sharpened public concern over safety just as lawmakers moved to relax regulations governing how close such facilities can be built to homes and roads.

Indian electric two-wheelers growth to slow to 12–13% in FY2026 on magnet shortage

2 March 2026

Volume growth of electric two-wheelers (E2Ws) in India is expected to slow down 12–13% in FY2026 from approximately 22% last year due to short-term supply-side disruptions and shifting price dynamics, which weigh on momentum

Tanzania moves to ensure local involvement in LNG processing project

2 March 2026

Tanzania’s Minister for Energy, Deogratious Ndejembi, has instructed the Petroleum Upstream Regulatory Authority to strengthen geological data collection, reassess licensed exploration blocks and prepare for full Tanzanian participation in the LNG

Uganda National Oil Company to expand Jinja terminal and build new Kampala storage hub

2 March 2026

Uganda’s state-owned Uganda National Oil Company (UNOC) has announced plans to expand the Jinja Oil Storage Terminal from 30mn litres to 40mn litres, while simultaneously developing a new 320mn litre storage facility in Mpigi District

Egypt moves to fast-track LNG shipments amid gas cut-offs

2 March 2026

The Egyptian government is seeking to accelerate the delivery of Liquefied Natural Gas (LNG) shipments previously contracted under major deals signed in 2025.

Ghana clears $500mn gas arrears, cedi surges 40.7% as Mahama signals fiscal reset

2 March 2026

President John Mahama said that Ghana has cleared all outstanding gas arrears of about $500mn owed to ENI and Vitol, signalling renewed fiscal discipline as the economy posts stronger growth and a firmer currency.

India belatedly urges early cessation to hostilities in Middle East

2 March 2026

Indian Prime Minister Narendra Modi posted two separate messages on X responding to the now two day long campaign of hostilities against Iran by the forces of Israel and the US.

Middle East conflict raises stakes for Nigeria’s oil-driven economy

2 March 2026

The escalating military conflict between the United States, Israel and Iran has unsettled global energy markets, driving up crude prices and placing African oil-dependent economies such as Nigeria in a delicate position.

Thailand rations energy as Hormuz crisis deepens

2 March 2026

Energy Minister Auttapol Rerkpiboon issued the emergency while also activating the Energy Emergency Surveillance Centre. He also instructed coal-fired power plants to operate at full capacity.

South Africa utility Eskom, regulator NERSA suspend legal dispute over power trading licences

2 March 2026

Legal proceedings between Eskom and NERSA over electricity trading licences have paused, signalling a shift towards regulatory alignment as South Africa advances reforms to open and modernise its power market.

European Commission reviews Romania’s request to delay coal plant closures at CE Oltenia

2 March 2026

The EC has launched an in-depth investigation of Romania’s request to amend the restructuring plan of state-owned coal-fired power producer CE Oltenia. The restructuring plan includes a €2.66bn state aid, which the EC will check for compliance.

Czech Ministry of Finance ejects head of state oil pipeline operator Mero

2 March 2026

The Czech Ministry of Finance abruptly ejected a seasoned head of the state oil pipeline Mero Jaroslav Pantůček, Czech Radio and other media in the country reported.

Japan reshapes Hokkaido offshore wind ownership structure

2 March 2026

Hokkaido Offshore Wind Development LLC, jointly owned on a 50:50 basis by Mitsubishi Heavy Industries and Copenhagen Infrastructure Partners, was formally wound up with unanimous approval from its members on December 12, 2025.

Hormuz disruption raises risks for South Korea energy security

2 March 2026

Air operations by US and Israel targeting Iran have triggered a shutdown of the Strait of Hormuz, heightening concern in South Korea, which sources more than 70% of its crude from the Middle East.

Norway wealth fund drops India's Adani Green Energy from portfolio over financial crime concerns

2 March 2026

Norway’s $1.2 trillion sovereign wealth fund, the world’s largest, has excluded Adani Green Energy Ltd (NSE: ADANIGREEN) from its investment portfolio over concerns related to alleged financial misconduct

Middle East tensions could significantly impact Sri Lanka's fragile recovery

2 March 2026

Sri Lanka could face renewed economic strain if escalating tensions in the Middle East drive up global oil prices, with analysts warning that the island nation’s heavy reliance on imported fuel leaves it particularly exposed

Thai army eases fuel export restrictions to Laos

1 March 2026

The Royal Thai Army has relaxed its temporary suspension on fuel exports to Laos while maintaining strict monitoring measures to prevent any diversion of supplies to Cambodia

Myanmar offers 24-hour electricity for businesses

1 March 2026

Myanmar has introduced revised electricity tariff rates for industrial users, according to an announcement from the Ministry of Electric Power (MOEP).

Middle East conflict halts Hormuz shipping as oil markets brace for impact

1 March 2026

The assassination of Iran's Supreme Leader has triggered severe retaliatory strikes and the closure of the Strait of Hormuz, halting shipping and threatening oil markets.

Dana Gas halts natural gas exports to Kurdistan power stations amid regional tensions

1 March 2026

Iraqi Ministries of Electricity and Natural Resources in the Kurdistan Region of Iraq announced that Dana Gas had halted its natural gas exports from the Khor Mor field to power stations due to the region's unusual conditions and recent clashes.

Lukoil unit threatens arbitration over Bulgaria asset controls

1 March 2026

A Swiss subsidiary of Russian oil major Lukoil has accused Bulgaria of illegal expropriation and threatened international arbitration after authorities imposed special management on its local operations.

Iran's IRGC claims ballistic missile attack on USS Abraham Lincoln aircraft carrier

1 March 2026

Iran's IRGC claims it struck the USS Abraham Lincoln aircraft carrier with four ballistic missiles as part of Operation True Promise 4. No US confirmation yet.

First page
Prev
1