Latest Stories
MHB secures four-year offshore platform contract from PTTEP for Sarawak projects
Malaysia Marine and Heavy Engineering Holdings Bhd has secured a four-year offshore contract from Thailand’s upstream energy firm PTT Exploration and Production Public Company Ltd for projects located off the coast of Sarawak
TEPCO to deploy probe inside Fukushima reactor vessel
Tokyo Electric Power Company Holdings, known as TEPCO, is preparing an unprecedented internal inspection at its Fukushima Daiichi nuclear power station.
Venezuela oil shipments double in February as output rebounds
January exports had stood at roughly 383,000 barrels a day, when the Trump administration first took control of the country’s oil sales
Exxon Mobil weighs return to Venezuela with technical visit planned
The US oil major is exploring avenues for cooperation with the Venezuelan government and could resume operations if what it views as appropriate investment conditions are put in place
Iraq reportedly suspends piped oil shipments to Turkish Mediterranean export hub Ceyhan
Iraq has reportedly suspended all crude oil exports piped to the Turkish Mediterranean port of Ceyhan from its semi-autonomous Kurdistan region amid consequences of the conflict in the Middle East.
India’s captive, commercial coal output rises 18.51% in February
Coal production from captive and commercial mines in India rose 18.51% year-on-year to 20.49mn tonnes (MT) in February 2026, while dispatches stood at 17.72mn tonnes, according to a government press release.
New Delhi says it is prepared to handle energy disruptions amid Middle East tensions
The Indian government has asserted that the country is fully prepared to manage any short-term energy disruptions arising from the outbreak of hostilities in the Middle East and the evolving global energy situation.
GAIL clears investment for 178.2-MW wind project in India's Maharashtra
GAIL (India) Limited has approved an investment of INR17.36bn ($190mn) to develop a 178.2 megawatt (MW) greenfield wind power project in Maharashtra.
Brazil clears Wahoo for production
The Institute of the Environment and Natural Renewable Resources (Ibama) has issued an operating licence for the Wahoo field offshore Brazil, clearing the final regulatory step before production begins.
Middle East tensions threaten Vietnam's energy security
Vietnam has been advised to strengthen its preparedness for potential oil supply disruptions and sharp price increases as tensions intensify in the Middle East, with experts urging a stronger focus on domestic reserves
Russian coal miner Raspadskaya in red in 2025
$194mn upgrade of refinery aiming to lower Kyrgyzstan’s fuel import reliance nears completion
A $194mn upgrade and modernisation of Kyrgyzstan’s largest oil refinery should conclude at the end of July, according to the Ministry of Economy and Commerce.
BOTAS sees no risk to Turkey’s gas supply security posed by Middle East conflict
Turkey’s state-owned oil and gas pipeline operator and energy trader BOTAS has said all necessary measures are in place to guarantee uninterrupted and secure supplies of natural gas across the country.
Cuba installs 5,000 Chinese-donated solar systems for clinics and isolated homes amid record blackouts
Cuba's Electric Union (UNE) is deploying 5,000 2-kilowatt photovoltaic systems donated by China to power essential facilities and remote households, with 2,671 units earmarked for polyclinics, maternity wards, traffic lights, bakeries, schools
Petro-Victory starts Brazil gas well
Petro-Victory Energy Corp. has begun drilling the SJ-12 well at the São João Field in the Barreirinhas Basin, Maranhão state, marking the start of its previously announced commitment under a memorandum of understanding.
Why Gulf bypass routes offer only weeks of oil supply cover
The effective closure of the Strait of Hormuz has exposed a critical vulnerability in global energy security
Acteon wins Brazil’s Petrobras subsea deal
Acteon has secured a multi-million-dollar contract to support light workover and abandonment activities on subsea Christmas trees for Petrobras, the company said.
Ukraine adds over 320 MW of wind power in 2025 in sector revival
Ukraine built more than 320 megawatts of new wind power capacity in 2025, marking a revival of the domestic wind energy sector after years of disruption caused by the war, the Ukrainian Wind Energy Association said on March 2.
Price-sensitive, import-reliant India grapples to shore up energy security amid Hormuz crisis
The disruption has already rippled into domestic markets.
Brazil offshore groups unite in $778mn deal
OceanPact and CBO have agreed to combine their operations through the merger of CBO’s holding entity into OceanPact, the companies said in a regulatory filing.
EU biomethane output remains far short of 2030 target
Biomethane injections into EU gas grids rose 12% in the latest gas year, but remain far below the bloc’s 2030 ambitions.
Equinor quick tie-up of new oil find near Snorre field
Equinor has made a commercial oil discovery near the Snorre field in the Norwegian North Sea that it plans to fast-track through existing infrastructure, as Norway seeks to sustain output from its mature continental shelf.
Follow us online