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Russia promises Serbia cheap, uninterrupted gas
Russia will continue supplying natural gas to Serbia at favourable prices despite offering only a short-term extension to the current contract.
Poland's PGE signs deal to take control over company slated to build nuclear power plant
Poland's biggest power group PGE has signed a preliminary agreement with its smaller peer ZE PAK to buy 50% in PGE PAK Energia Jadrowa. The company, in which PGE already holds 50%, is slated to build a nuclear power plant in Poland.
Nigeria signs deals to increase renewable energy development
Nigeria’s government and the Rural Electrification Agency (REA) have signed renewable energy agreements worth $435mn as part of efforts to establish the country as a hub for green energy and manufacturing.
North Macedonia signs grant deal with France’s AFD and RTE International to modernise power grid
North Macedonia’s power transmission operator AD MEPSO said on October 15 that it signed a grant agreement with the French Development Agency (AFD) and France’s utility company RTE International, aimed at providing technical assistance.
Brazil's power regulator assesses five green hydrogen schemes worth $75mn
Brazil's electricity sector regulator Aneel is evaluating five proposals for research, development and innovation initiatives centred on green hydrogen production.
Venezuela seeks to deepen energy ties with Russia
Venezuela’s Nicolás Maduro has formalised a strategic cooperation treaty with Russia aimed at consolidating political and economic collaboration with Moscow.
Pemex reaches deal with oil workers union for 4.5% wage hike
Mexican state energy company Pemex announced on October 15 it reached agreement with the influential STPRM oil workers union on a 4.5% salary boost as part of revising the 2025-2027 collective bargaining contract, Reuters reported.
Oschadbank and EBRD finance over 100 MW of new business energy capacity in Ukraine
has financed the development of more than 100 megawatts of new electricity generation capacity as businesses seek to secure independent power sources amid ongoing Russian strikes on energy infrastructure.
EBRD prepares extra €500mn for Naftogaz to secure Ukraine’s winter gas supplies
The EBRD is preparing an additional €500mn financing package for Ukraine’s state energy firm Naftogaz to fund urgent gas imports amid intensified Russian strikes on the country’s energy infrastructure.
Viper reportedly exploring sale of US assets beyond Permian
Viper Energy, the mineral and royalties arm of US shale producer Diamondback Energy, is reportedly exploring a sale of its assets outside of the prolific Permian Basin.
ARM Energy to build Mustang Express pipeline to US Gulf Coast
ARM Energy has made a final investment decision on the Mustang Express natural gas pipeline in Texas.
India sets out plan to reach 100GW of nuclear power by 2047
India has unveiled an ambitious plan to increase its nuclear power generation capacity more than tenfold by 2047, as part of a broader strategy to secure long-term energy independence and reduce carbon emissions.
India’s Envision Energy wins 502MW wind turbine contract from Evren
Envision Energy India has secured a major order from Evren, a renewable energy platform supported by the Brookfield Global Transition Fund, to supply 502MW of wind turbines for projects in Andhra Pradesh.
Ghana’s F&B Bio Recyclage advances waste-to-energy project to produce sustainable aviation fuel
Ghanaian recycling start-up F&B Bio Recyclage Ltd has completed the first phase of development for a major waste-to-energy project designed to convert municipal solid waste into sustainable aviation fuel (SAF) and biodiesel.
Strathcona withdraws from battle for Canada’s MEG
Strathcona Resources has terminated its hostile takeover bid for MEG Energy after rival bidder Cenovus energy sweetened its own takeover offer for MEG.
Hungary’s gas imports from Russia reaches all-time high: foreign minister
Hungary remains committed to maintaining a secure energy supply and the lowest household gas prices in the EU, Foreign Minister Peter Szijjarto said at the Russian Energy Week in Moscow.
Turkey’s TPAO subsidiary takes over operatorship of offshore Pakistan block
A subsidiary of Turkish Petroleum Corporation (TPAO) has taken over as operator of a promising offshore block in the Arabian Sea following a farm-out agreement with licence holder Pakistan Petroleum Limited (PPL)
Russia to delay refinery maintenance in bid to boost domestic fuel supply
Russia will postpone scheduled maintenance at oil refineries to increase domestic supplies of petrol and diesel, Minister of Energy Sergei Tsivilev said following a meeting with President Vladimir Putin
Mexico triples Cuba fuel shipments to $3bn in four months
Mexico dispatched $3bn worth of subsidised hydrocarbons to Cuba between May and August through Pemex subsidiary Gasolinas Bienestar, tripling shipments from the previous administration's final two years
UK sanctions Russia’s Rosneft and Lukoil
The United Kingdom has imposed sanctions on Russia’s two largest oil producers, Rosneft Oil Company and Lukoil PJSC
OPEC+ unity serves both Russia and Saudi Arabia, Moscow says
A senior Russian official told the Saudi Minister of Energy that coordinated action through OPEC+ aligns with both countries’ interests as the producers manage tensions over how quickly to raise output.
Colombia's top pipeline operator seeks Ecopetrol backing for LNG project
Transportadora de Gas Internacional is pressing state-controlled Ecopetrol SA for access to subsea infrastructure crucial to a proposed liquefied natural gas import facility aimed at averting fuel shortages
Nigerian government urged to compel oil majors to fund clean-up after failed TotalEnergies deal
More than 100 Nigerian and international civil society organisations are calling on the government to compel oil multinationals to finance environmental remediation
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