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Brazil’s Petrobras may raise natural gas prices by 20% in May, distributors warn
Brazil's natural gas distributors fear Petrobras could raise the prices it charges them by around 20% starting in May, driven by the surge in global oil prices following the US-Israeli war on Iran, trade group Abegas said.
TotalEnergies signs deal with TPAO to explore potential Black Sea deposits
French oil major TotalEnergies (EPA: TTE) said on April 13 that it has signed a preliminary agreement with Turkey’s national oil company Turkish Petroleum (TPAO) to conduct exploration of the country's Black Sea waters for hydrocarbons.
Algeria brings 400MW of solar capacity online
Algeria has commissioned two solar power plants with a combined capacity of 400MW
Turkey to tender three licensed geothermal sites
Turkey is to offer three licensed geothermal sites in an upcoming tender.
Egypt eyes wind and solar projects at Gebel El Galala off Red Sea
The Egyptian government is currently studying plans to harness the high wind speeds of the Gebel El Galala region in Suez Governorate for renewable energy projects
Egyptian energy firm Petrogulf boosts output by 10,000 bpd from Gulf of Suez fields
Egyptian energy firm Petrogulf Misr, a subsidiary of the state-owned South Valley Egyptian Petroleum Holding Company, raised its oil production by nearly 10,000 barrels per day (bpd), reaching its highest output level since its establishment in 1982
Cambodia breaks ground on $1bn pumped-storage hydropower project
Cambodia has begun construction of a major $1bn hydropower scheme in Koh Kong province, marking a new step towards strengthening national energy security.
Myanmar seeks higher oil output through Chinese partnership
Myanmar has moved to raise crude production through a new agreement with a Chinese firm, aiming to ease fuel pressures at home.
Thailand's public backs energy reform, seeks oil tax cuts
A majority of respondents support the Thai government’s plan to restructure energy prices, but many are calling for further reductions in oil taxes.
Vietnam auto sales surge as EV demand accelerates
Vietnam’s car market has bounced back sharply, with electrified vehicles leading the charge as auto sales more than doubled in March to 70,859 units
Polish power group Enea posts 30% jump in 2025 net profit as green transition takes hold
Polish power group Enea reported a 30% year-on-year increase in its 2025 net profit to PLN1.82bn (€428mn), marking the first positive financial impacts of its extensive green energy transition, the company announced on April 13.
North Macedonia plans floating solar project to power irrigation and refill Dojran Lake
Russia's Bashkortostan region drops plan to sell Bashneft stake
Authorities in Russia’s Bashkortostan region have decided not to proceed with the planned privatisation of part of their stake in Bashneft.
New Hungary PM said Russian oil imports will continue
Péter Magyar, Hungary’s expected next prime minister, said the country will continue purchasing Russian oil for the foreseeable future.
Russian LPG prices jump 15% on Middle East conflict
Wholesale prices for LPG in Russia jumped by more than 15% in a week, tracking a broader rally in global markets driven by supply disruptions caused by the escalating situation in the Middle East.
EU imports of Russian LNG hit new record in March ahead of phase-out plan
EU imports of Russian LNG hit a record in March as Middle East disruptions tighten global supply ahead of a legally mandated phase-out.
Profits at Gazprom Neft halve in 2025 on lower oil prices, stronger ruble
Net profit at Russian oil producer Gazprom Neft fell by half in 2025 to RUB245.8bn ($2.7bn) on weaker oil prices and a stronger ruble.
Brazil oil reserves climb again
Brazil’s proven oil reserves rose 3.84% in 2025 from a year earlier, the National Agency of Petroleum, Natural Gas and Biofuels (ANP) said, reflecting additions from new projects and revisions to existing fields.
IEA steps up practical support for Africa’s clean energy transition
The IEA's Clean Energy Transition Programme 2025 report underscores Africa’s increasingly important role in the global energy ecosystem, as the continent is set to become home to 20% of the world’s population by 2030.
Shell prepares to explore west Kazakh oil and gas block
Shell is preparing to carry out geological exploration at the Zhanaturmys subsoil block in Kazakhstan’s Aktobe region.
Quality matters: how the Hormuz crisis tests refinery flexibility
The disruption highlights a key reality often overlooked in the oil market: while volumes may be globally fungible, crude quality is not.
Brazil's proven oil reserves rise nearly 4% in 2025
Brazil's proven oil reserves grew by 3.84% in 2025, year on year, as new development projects, declarations of commerciality, and field revisions added billions of barrels to the national tally.
BP expands Namibian oil portfolio with acquisition of three offshore exploration blocks
BP (LSE/NYSE: BP) has agreed to acquire a 60% interest in three offshore exploration blocks in Namibia from Eco Atlantic Oil and Gas (CVE: EOG) (Eco Atlantic) as part of its strategy to grow its upstream portfolio.
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