Latest Stories

Kuwaiti inventory drop highlights use of covert Omani shipping route

11 June 2026

A sharp depletion of crude stockpiles at Kuwait’s primary export terminal has exposed the growing reliance on a covert, high-risk maritime corridor

Kuwait Petroleum to start gas production from Alexandria's West Mina field in Q4 2026

11 June 2026

Kuwait Petroleum Corporation (KPC) announced it would invest in a major gas exploration project within the West Mina offshore area near the Egyptian coastal city of Alexandria,

Naftogaz reaches deal to restructure €1.2bn in Eurobonds

11 June 2026

Ukraine's state-owned energy giant Naftogaz has reached an agreement in principle with bondholders to restructure around €1.2bn worth of Eurobond obligations.

Vaalco Energy resumes production at Côte d'Ivoire's Baobab oil field after FPSO overhaul

11 June 2026

Production at the CI-40 block was suspended in January 2025 to allow a full overhaul of the FPSO Baobab Ivoirien at shipyards in Dubai.

Iran gas exports to Turkey jump in early 2026 as supply deal nears expiry

11 June 2026

Iran’s natural gas exports to Turkey surged 61% in the first four months of 2026, European data showed, as flows remained resilient despite military tensions and damage to parts of Iran’s gas infrastructure during the recent US-Israeli war.

South Pars Phase 11 gas output tops 16.6 bcm three years after start-up, developer says

11 June 2026

Natural gas extraction from Phase 11 of the South Pars joint field, the last phase of the world’s largest gas reservoir to be developed on the Iranian side, has hit 16.6bn cubic metres (bcm), the project’s development manager said.

Moody's completes periodic review of Nigerian independent oil and gas producer Seplat Energy

11 June 2026

Seplat's current B2 rating reflects its position a leading upstream energy company, supported by a portfolio of long-dated oil and gas licences that provide visibility over future production and cash flow generation

Kazakhstan faces calls for higher oil exports amid supply concerns

11 June 2026

Kazakh Energy Minister Yerlan Akkenzhenov said on June 10 that Kazakhstan is facing requests from international partners to increase crude oil exports despite production constraints linked to the OPEC+ agreement.

Kazakhstan to build first ammonia-urea plant with investment of $1.65bn

11 June 2026

Kazakhstan will construct its first ammonia-urea production plant in its southwestern city of Aktau under a KZT 804.2bn ($1.65bn) investment project aimed at reducing fertiliser imports and expanding the country's export capacity.

Vietnam eases coal mining limits

11 June 2026

Vietnam has introduced a new policy allowing coal miners to exceed licensed production capacity in a move aimed at strengthening national energy security and meeting rising demand for power generation.

Oil windfall reshapes Colombia's election debate as fiscal pressures mount

11 June 2026

A surge in global oil prices is providing Colombia with an unexpected fiscal boost just as voters prepare to choose between competing visions for the country's economic and environmental future in the June 21 presidential run-off.

Indonesian National Energy Council plans asset takeover of idle oil tanks

11 June 2026

As global hydrocarbon continues to be volatile, Indonesia’s National Energy Council (DEN) is executing an emergency infrastructure pivot to insulate the domestic economy

Acwa Power Philippines advances 500-MW PV project

11 June 2026

Under the lease, Acwa Power Philippines will develop an integrated solar and battery storage facility with an eventual capacity of up to 500MW.

Rising oil prices fuel Chinese NEV sales boom

11 June 2026

China’s new energy vehicle (NEV) production and sales recorded double-digit year-on-year growth in May, the China Association of Automobile Manufacturers (CAAM) reported on June 10.

DEME pins down offshore wind deal in Japan

11 June 2026

The contract covers engineering services and vessel charter for the offshore installation of 21 wind turbines.

Vietnam’s Hue puts forward integrated energy-industry hub

11 June 2026

Hue City has proposed the development of an integrated “Energy–Industry–Trade” centre at the Chan May–Lang Co Economic Zone, as part of efforts to accelerate economic growth and industrial development in central Vietnam.

Adani Energy Solutions to acquire IntelliSmart, expand smart meter footprint in India

11 June 2026

Adani Energy Solutions Limited (NSE: ADANIENSOL) has agreed to acquire IntelliSmart Infrastructure Private Limited, one of India's largest smart metering companies, in a transaction valued at INR30.5bn ($320mn).

Singapore’s nuclear question

11 June 2026

Singapore has been looking long and hard into energy sources the island can still explore.

Reliance, Meta partner to build 168-MW AI-enabled data centre in India

11 June 2026

Reliance Industries Limited (NSE: RELIANCE) and Meta Platforms (NASDAQ: META) have entered into a partnership to develop a 168-MW AI-enabled data centre in Jamnagar, Gujarat.

NTPC Green to develop 250-MW solar-plus-storage project in India's Uttar Pradesh

11 June 2026

NTPC Renewable Energy Limited (NREL), a wholly owned subsidiary of NTPC Green Energy Limited (NSE: NGEL), will develop a 250-MW solar power project integrated with a Battery Energy Storage System (BESS) on vacant defence land.

India explores Canadian crude imports

11 June 2026

India is considering Canada as a potential source of crude oil imports, with the country's newer refineries well-suited to processing heavy crude grades produced in Canada.

Mongolia wants Borteeg coal deposit brought into economic circulation this year, says report

11 June 2026

The Mongolian government wants the Borteeg coal deposit to be brought into economic circulation this year in line with plans to mine 15mn tonnes of coal at the South Gobi resource annually and export 10mn tonnes of that output, says a report.