Latest Stories

Taiwan ramps up battery production amid demand for storage and EVs

23 October 2023

Taiwan, in line with a global surge in demand for energy storage systems and electric vehicles, is witnessing a rapid expansion of its battery industry.

Bulgaria, Turkey gas supply deal could be coverup for Russian gas imports, US ex-diplomat says

23 October 2023

European Commission already probing deal between Bulgargaz and Turkey’s Botas.

Solar energy thrives in Thailand: expected 10-15% growth in installations

23 October 2023

Nivej Boonwichai, the Deputy Secretary-General of the Federation of Thai Industries and a solar entrepreneur, has revealed that the trend of solar panel installations, both on rooftops and ground-based solar farms, continues to grow in Thailand

Oil markets on edge amid escalations in Israel-Hamas war

22 October 2023

The escalation in the Israel-Hamas conflict is inciting apprehensive speculations about the impact on global oil markets amid the complex web of geopolitics, sanctions and spectre of broader tensions in the region and beyond.

Brazil gas-distribution market shifts after distributor Commit’s split

20 October 2023

The division of the Brazilian natural gas distributor Commit into two separate entities is poised to bring five gas companies in the northeastern region under the control of a relatively unknown group of owners.

Mexico crude oil hedging for 2024 developing at pace

20 October 2023

Mexico has been actively engaged in its annual oil-export hedging program, which ranks among the largest such endeavours in the global crude market. The hedging process appears to be nearing its conclusion, say individuals familiar with the deals.

India witnesses steepest drop in coal inventories in two years

20 October 2023

India has experienced its most rapid decline in coal inventories at power plants during the first half of October in the past two years.

OPEC turns down Iran call for oil embargo on Israel over Gaza

20 October 2023

Iran’s call on Muslim countries to halt oil shipments to Israel appears to have fallen on deaf ears, as OPEC is not planning to take any immediate action.

Energy scandals lead to dismal solar outlook in Taiwan

20 October 2023

In the aftermath of several energy-related political scandals, solar cell and module manufacturers in Taiwan are grappling with low factory utilization, a pressing issue that has cast a shadow over the government's solar power installation targets.