Latest Stories

Brazilian industry struggling with fall of Bolivian gas supplies

2 October 2023

Bolivia's falling gas reserves and reduced exports have prompted concerns for Brazil’s industrial players and the government. Consequently, Brazil has initiated a tender to procure gas from a third party to balance the system.

Russian diesel export ban hits an already tight market

2 October 2023

In a move to stabilise domestic fuel prices, Russia announced a snap ban on diesel and gasoline exports on September 21, amplifying the strain on an already tight global fuel market and remaking the global supply chains.

Kazakhstan pledges more oil on longer-term basis for Germany

2 October 2023

During a visit to Berlin, Kazakh President Kassym-Jomart Tokayev said his government was prepared to assist Germany in its effort to find alternatives to Russian oil, which it stopped importing at the end of last year.

Bulgaria adopts plan on transition for coal-mining regions despite protests

30 September 2023

Miners block roads in protest against plans to close down coal mines by 2038.

Poland's Unimot eyes Shell's stake in Schwedt refinery

29 September 2023

Poland's Unimot is one of the companies vying to buy Shell’s 37.5% stake in Germany’s PCK Schwedt refinery, sources have told Reuters.

Mexico revokes lithium concessions from China’s Ganfeng Lithium

29 September 2023

Mexico's president is pushing ahead with his intention to make lithium a state-controlled sector, revoking nine concessions from the Chinese firm Ganfeng Lithium, the world's largest producer of lithium batteries.

Brazil’s Petrobras seeks financing from Chinese banks for deepwater oil projects

29 September 2023

In another sign of growing ties between Brazil's energy major and China, Petrobras is in talks with Chinese banks to secure financing for its expansion into deepwater oil projects and to help guarantee its suppliers can keep pace.