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Russian ‘shadow fleet’ tankers cite Singapore to obscure oil buyers
Russian oil tankers operating within the so-called shadow fleet are increasingly declaring Singapore as their official destination, signalling a shift in export routes and renewed efforts by Moscow to hide end buyers amid Western sanctions
Brazil's Raizen hires Rothschild to advise on debt restructuring amid shareholder impasse
Brazilian sugar, ethanol and fuel distributor Raizen is in talks with Rothschild to advise on restructuring its debt amid an impasse among shareholders over capitalisation plans amid BRL68.6bn ($13.2bn) in debt.
Philippine state transfers major hydro complex to Aboitiz
Philippine government officially transferred the 797-megawatt Caliraya-Botocan-Kalayaan (CBK) hydropower network to the Aboitiz-managed Thunder Consortium.
India's electricity amendment bill proposes shared networks to cut power distribution costs
India’s draft Electricity (Amendment) Bill, 2025 proposes allowing multiple power distribution companies to use existing networks instead of building separate infrastructure, a move aimed at reducing duplication and lowering costs
Vedanta Group calls for push in domestic oil and gas exploration to secure India’s energy independence
Vedanta Group chairman Anil Agarwal has urged India to accelerate domestic oil and gas exploration to reduce import dependence and strengthen energy security
Samsung SDI and South Korea utility seal deal
Samsung SDI (006400.KS) and the state-operated Korea East-West Power formally enter into a pact for collaboration on international renewable energy and energy storage system (ESS) projects.
Colombia's Ecopetrol contractor jobs rise 5% to 87,130 in 2025 with local hiring focus
Ecopetrol generated 87,130 accumulated contractor positions during 2025, representing nearly 5% growth from the previous year, as Colombia's state oil company prioritises local workforce development across operational regions
Colombia's EPM commits $300mn to Antioquia grid modernisation through 2030
Colombian utility Empresas Públicas de Medellín will invest more than $300mn modernising electricity substations across Antioquia department between 2020 and 2030, targeting reduced outages whilst preparing infrastructure for increased REM
Air Canada halts Cuba flights amid aviation fuel shortage
PDVSA restores output as US licences unclog Venezuelan crude exports
The rebound follows a steep pullback triggered by a US oil blockade that left large volumes marooned in storage and forced cuts across PDVSA’s fields, with the heaviest impact in the Orinoco Belt
Colombia faces 5.4% annual emissions cuts to achieve 2030 climate target, OECD says
Colombia must accelerate non-hydropower renewable energy deployment to achieve its 2030 emissions reduction pledge of 51% below business-as-usual scenarios, requiring average annual greenhouse gas cuts of 5.4% against historical growth of 1.7% annual
Venezuela debt overhaul seen as years away despite political shift
Oxford Economics, via its Alpine Macro unit, says entrenched legal risks, the sheer complexity of the country’s liabilities and the lack of deep structural reform are likely to slow any meaningful progress
US Energy Secretary plans Venezuela visit to open talks on PDVSA reform
US Energy Secretary Chris Wright plans to travel to Venezuela in the coming days to open discussions with local officials on the future of state-owned oil company Petróleos de Venezuela SA
Shell weighs return to Venezuelan gas as sanctions ease
The British energy major is considering a strategy that would rely on Trinidad and Tobago as a processing and export hub for gas extracted from Venezuelan waters, leveraging infrastructure where Shell already has operations
Bangladesh’s energy bind casts a long shadow over industry, growth and the February vote
What began as a manageable rise in fuel imports has now hardened into an all-out structural vulnerability, with shrinking domestic gas supplies coupled to a growing reliance on LNG as well as coal and oil imports forcing factories to cut output.
US forces board Venezuelan-linked tanker in Indian Ocean enforcement operation
US military forces boarded the oil tanker Aquila II, a vessel linked to Venezuela, in the Indian Ocean during an operation announced on February 9 by the US defense secretary, according to the Department of Defense
Reliance resumes Venezuelan crude imports after US intervention
The Indian refiner has taken delivery of a Very Large Crude Carrier carrying about 2mn barrels
Russia’s Northern Sea Route cargo turnover down 2.3% in 2025
Hungarian gov't lets Samsung battery plant run after intelligence warned of severe pollution, report shows
Hungarian government knew about the health risks at Samsung EV battery plant outside of Budapest, but concealed intelligence reports.
Namor 3 station strengthens Laos–China energy network
The 500kV Laos–China power transmission line is on track to become operational in April, following its full connection on 5 February. The project enhances cross-border electricity links and facilitates the trade of clean energy in the region
Brent set to fall 10% in 2026, analysts say
The average price of Brent crude oil is expected to fall by around 10% in 2026 to $62.1 per barrel, despite a recent rise in prices, as a persistent supply surplus continues to weigh on the global market.
Russian gas output dips 3.2% in 2025
Russia’s total gas production fell 3.2% in 2025, while output of LNG declined 3.6%, according to data published by Rosstat.
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