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US government penalises four companies for moving Venezuelan oil, fuels to Cuba

The US Treasury Department said on September 24 that its Office of Foreign Asset Control (OFAC) had imposed sanctions on four companies involved in transporting crude oil and petroleum products from Venezuela to Cuba.

Head of Colombian industry group hopes government will allow fracking in 2020

The head of a Colombian oil and gas industry group has urged the government to allow investors to start work on pilot drilling programmes involving hydraulic fracturing (fracking) in 2020.

Romania eyes LNG via Poland

Uzbekistan to allocate 6,000 hectares for a China-constructed $1.8bn wind farm project

France’s Assystem sets up joint venture with Uzbek state-run company

Kazakhstan to increase Russian oil transit to China by 30% after 2023

Romania moves to re-liberalise electricity and gas markets

Russia's Rosneft could bring Saudi petrochemical company Sabic as investor into its Indian downstream projects

Gulf region “on edge of collapse” and “single blunder can fuel big fire” Iran’s Rouhani tells UN

Turkey “barely trying” to cut carbon emissions says National Geographic

“Climate change report card” notes, for instance, that country is pushing ahead with huge expansion of coal-fired plants. Meanwhile, largest lake in the Mediterranean region, Beysehir, seen as on course to dry out by 2040s.

Turkey’s Bereket Enerji Uretim has ‘mandated banks including Goldman Sachs for renewable energy unit IPO’

US sanctions prevent Tehran accessing equipment to counter flaring gas and energy pollution says oil minister

Ireland to block offshore oil exploration: PM

150 NGOs urge Albanian PM to stop HPP projects on Vjosa River due to environmental concerns

Slovenia’s net electricity output down 9% y/y in August

North Macedonia’s electricity output up 35.1% y/y in July

Oman still keen on Iran gas pipeline

Mitsui moves to sell BassGas stake

Japanese developer Mitsui & Co. has said it is looking to sell its 40% stake in the BassGas project off the coast of Australia’s south-eastern state of Victoria.

KOGAS agrees to buy US LNG from BP

State-owned Korea Gas has struck a deal to buy 1.58mn tonnes per year of US LNG from super-major BP.

Disproportionate hydropower subsidies cause environmental damage across Western Balkans, NGO says

Trader rejects Mitsubishi’s account of losses

A trader that worked at Mitsubishi’s Singaporean arm until last week has disputed the Japanese company’s version of events surrounding a $320mn loss on crude oil derivatives trades.

China updates oil reserve figures

China’s National Energy Administration (NEA) has given its first official update on the country’s strategic oil inventories in almost two years.

Pakistan unveils new LNG projects

Pakistan has taken a major step forward in tackling its chronic natural gas shortages, having shortlisted companies to build five liquefied natural gas (LNG) terminals in the country, either individually or in a consortium.

NNPC hopes rehab programme will reinstate refining capacity

CNH gives Eni-led group green light for drilling Ehecatl-1 well

CNH has reportedly given Eni (Italy) and its partners Cairn Energy (UK) and Citla (Mexico) permission to move forward with the drilling of an exploration well at Mexico's offshore Block 7.