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India’s power grid crosses 500,000 circuit km transmission milestone
India’s national power transmission network has crossed a major landmark, surpassing 500,000 circuit kilometres of high-voltage transmission lines and achieving a transformation capacity of 1,407 GVA
Trump uses Davos stage to hail Venezuela oil deal after Maduro capture
Donald Trump used his appearance at the World Economic Forum in Davos on January 21 to underscore a sharply transactional approach to global politics
SOCAR to finalise Pakistan energy investment next month after Davos talks
Azerbaijan’s state energy company SOCAR is expected to finalise an investment in Pakistan’s oil and gas sector next month following high-level engagements held on the sidelines of the World Economic Forum in Davos
Halliburton signals readiness to return to Venezuela as oil plans take shape
Chief executive officer Jeffrey Miller said oil and gas are critical for Venezuela, noting the US company has operated there since 1938, despite pulling out in 2019 after sanctions were imposed
Venezuela business group backs FX measures as oil cash returns to economy
Interim president Delcy Rodríguez said the country has already received $300mn from crude exports under a 50mn-barrel supply agreement with Washington
US sees scope for 30% lift in Venezuela oil output, US energy secretary tells executives
Venezuela’s oil production could rise by as much as 30% from current levels of about 900,000 barrels per day (bpd) over the short to medium term
US seizes seventh Venezuela-linked oil tanker in Caribbean sanctions drive
The vessel, identified as the Sagitta, was detained as part of Operation Southern Spear, the military said
Venezuela banks resume FX interventions after oil cash inflows from US trade
Venezuela’s banking sector restarted foreign-exchange interventions on January 20 after more than a month on hold, following the arrival of fresh hard-currency inflows linked to renewed oil trade with the US
Venezuela lawmakers advance hydrocarbons overhaul
Parliamentary speaker Jorge Rodríguez said the bill, promoted by acting president Delcy Rodríguez, is designed to speed up gains in production from the OPEC member
Israel's 2025 imports of Azerbaijani oil shipped via Turkey reportedly hit three-year high
Israel's imports of Azerbaijani oil, shipped from Turkey's Mediterranean port of Ceyhan, reportedly hit a three-year high in 2025.
China-built Khizi–Absheron wind farm comes online as Azerbaijan expands renewables
The wind farm was developed by ACWA Power, with PowerChina acting as the main contractor. ACWA Power’s project director, Ibrahim Adar, is quoted as saying the plant will save around 220mcm of natural gas annually.
Vietnam leads Southeast Asia in power system scale
Vietnam’s power system has grown to become the largest in Southeast Asia, reflecting a broader shift in the country’s energy structure towards greener and more sustainable development
Gas sales of Russian Novatek down 1.5% in 2025
Vietnam grants sea areas for offshore wind surveys in Haiphong and Lam Dong
Vietnam’s Ministry of Agriculture and Environment has approved the allocation of more than 63,800 hectares of maritime space in Haiphong and Lam Dong to state-owned energy groups
Cambodia’s spending on imported fuel down 9.6% in 2025
Cambodia spent a total of $2.43bn on diesel, gasoline, and combustion gas imports in 2025, marking a 9.6% decrease compared with the previous year
Baltic region’s largest solar park set to come online in western Estonia
Sunly's new solar park will significantly reduce Estonia's reliance on imported electricity and fossil fuels.
France intercepts Russian oil tanker in Mediterranean suspected of using false flag
France intercepts Russian oil tanker Grinch in Mediterranean Sea suspected of using false flag, redirects vessel to port as President Macron vows to enforce international sanctions on shadow fleet.
Iranian vessels positioned across Persian Gulf and Gulf of Oman as US carrier approaches
Multiple Iranian vessels tracked across Persian Gulf and Gulf of Oman near UAE and Oman as US carrier strike group USS Abraham Lincoln approaches region amid escalating tensions over protest crackdown.
EU probes arbitration award ordering Bulgaria to pay €61mn to renewable investor
The European Commission has opened an in-depth investigation into an arbitration award ordering Bulgaria to pay compensation to ACF Renewable Energy Limited, to assess whether the measure breaches EU state aid rules.
North Macedonia signs agreement with Slovenia’s BSP to advance electricity market integration
Slovenia’s SENG signs contract with HM Hydro for overhaul of Avce pumped-storage plant
Masdar and Octopus Energy sign MOUs for UK and Africa renewables push
Abu Dhabi-based Masdar and UK power group Octopus Energy have signed two MOUs to jointly develop renewable energy projects in the UK and across Africa, targeting solar, wind and battery storage as part of their global decarbonisation strategies.
Turkey’s Togg outlines plan to boost production to 60,000 EVs in 2026
Fuat Tosyali, chairman of Turkish electric vehicle (EV) brand Togg, has announced that the automaker aims to produce 60,000 or more vehicles in 2026 and 100,000 in 2027.
Africa solar capacity tops 63GW as Chinese imports reveal hidden growth
Africa’s installed solar capacity may already exceed 63GW, nearly three times official estimates, after AFSIA analysed Chinese module export data. The findings suggest the continent was the world’s fastest-growing solar market in 2025.
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