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Laos inspects petrol stations after panic fuel purchasing
Authorities in Vientiane and other provinces are conducting inspections of fuel storage levels at petrol stations following panic buying triggered by concerns over Middle East tensions affecting global energy supplies.
Vietnam transport sector hit hard by fuel surge
Saudi Arabia intercepts Iranian attacks on strategic infrastructure
The Saudi defence ministry has confirmed the interception of four drones and a ballistic missile, underscoring the persistent security risks to the Kingdom’s critical energy and military assets.
Serbia to cut fuel excise duty to limit price hikes
Serbia will intervene to reduce fuel excise duties to prevent sharp increases at the pump, President Aleksandar Vucic said on March 6, as global oil prices rise amid escalating conflict in the Middle East.
Two dead, four injured in Algerian Hassi Messaoud oil field blaze
Two workers have been confirmed dead and four others injured following a fire at Algeria’s Hassi Messaoud oil field, the largest in Algeria.
QatarEnergy declares force majeure on LNG exports
Gulf state warns that other energy exporters will likely need to follow suit or risk legal liability for failure to deliver cargoes.
Attacks on Tehran, Alborz fuel depots prompt IRGC strike on Israel’s Haifa refinery
Five fuel storage and distribution centres in Tehran province and the adjacent Alborz province came under attack overnight, Iran’s state fuel distributor said, prompting the IRGC to strike the Haifa oil refinery in Israel with ballistic missiles.
Iran offers free CNG fuel at selected stations in Tehran and Karaj
Selected CNG stations in Tehran and Alborz have begun offering free compressed natural gas to dual-fuel vehicles as part of a campaign to manage fuel consumption and support motorists during a period of heightened energy demand.
Kuwait forces contain fire at airport after drone hits fuel tanks
Authorities in Kuwait have successfully contained a fire that broke out in fuel tanks at Kuwait International Airport, following a drone attack.
"Now it's business, not friendship." Russia ends discounted oil sales to India
Russian President Vladimir Putin told Indian Prime Minister Narendra Modi, “No more Mr Nice Guy. It’s just business now,” after the US softened sanctions on India’s purchase of Russian oil to alleviate a growing supply side squeeze.
Asia desperate for energy as Gulf disruption spreads
Across Asia, motorists are joining long lines at petrol stations as prices climb and governments across the region come to the realisation they could be left struggling to meet the energy demands of some of the world’s most populated countries.
US gives India 30-day waiver for Russian oil
India’s available reserves of around 100mn barrels would therefore last for only about six weeks, reportedly leaving New Delhi with limited alternatives to Russian supplies despite previous commitments to reduce purchases.
Thessaloniki-Skopje pipeline back in operation after 13 years
The Vardax pipeline linking Thessaloniki and Skopje resumed operations on March 6 after a 13-year halt, North Macedonia’s state-run news agency MIA reported.
Foreign oil firms evacuate staff from Iraq amid rising Iran tensions
Several foreign oil companies have begun evacuating their overseas employees from Iraqi oil fields to Kuwait, amid fears of escalating conflict in the region
Ukraine left with less than a third of pre-war power capacity as it prepares for next winter
Ukraine’s electricity system has been severely weakened by Russian strikes on energy infrastructure, leaving the country with less than 10 gigawatts of available generation capacity – about one-third of the level that existed before the war began
Brazil gas plan may drive investments
Brazil’s Gás do Povo programme could trigger about $2bn in investment in liquefied petroleum gas logistics across the country, according to Sérgio Bandeira de Mello, head of Sindigás.
Brazil’s Petrobras profit jumps
Petrobras reported net income of BRL110.1bn ($19.6bn) for 2025, tripling from BRL36.6bn a year earlier, as higher oil and gas output offset a decline in global crude prices.
US eases sanctions on Russian oil to keep markets supplied
US signals possible easing of sanctions on Russian oilThe US could remove sanctions on additional Russian oil supplies as Washington reassesses energy flows as Operation Epic Fury triggers the start of a global energy crisis.
IntelliNews Lambda: Europe’s gas storage drawdown slows as heating season ends, but EU will struggle to refill tanks this summer
Europe’s gas market is emerging from a difficult winter in its weakest position for years after a sharp acceleration in withdrawals from January, triggered by the “big freeze”, left storage levels well below their long-term norm.
India’s ACME executes two renewable energy PPAs
India’s ACME Solar Holdings Limited’s wholly owned subsidiary, ACME Greentech Seventh Private Limited, has executed two power purchase agreements with SJVN Limited for firm and dispatchable renewable energy.
Levanta Renewables snaps up majority stake in Vietnamese wind project
Vietnam-based Levanta Renewables has purchased an 80% stake in an already operational 50-MW onshore wind project in Gia Lai province, south of Da Nang.
The Philippines needs more energy storage for its larger renewable projects
The Philippines’ Department of Energy (DOE) has introduced a mandate requiring all new variable renewable energy projects with a capacity of 10 MW or more to integrate energy storage systems.
Ecuador's Petroecuador targets higher crude output in 2026 as investment plan advances
Ecuador’s state oil firm Petroecuador aims to raise average crude production to about 369,759 barrels per day (bpd) in 2026, up from roughly 358,081 bpd recorded, as the company deploys additional drilling and well-rehabilitation equipment
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