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Perenco partnership to advance energy sector skill development in Central Africa
Perenco Cameroon and Perenco Gabon, key African subsidiaries of independent Anglo-French oil and gas company Perenco, have formed a partnership with the UCAC-ICAM Institute in Douala to advance local skill development in Central Africa.
HD Hyundai launches world’s first ammonia-powered ships
HD Hyundai Heavy Industries Co. has completed construction of two ammonia-fuelled vessels, marking a global first in the shipbuilding sector.
Japan weighs further oil release
Resource-poor Japan depends on imports for almost all of its crude oil, with more than 90% sourced from the Middle East.
Russia emerges as 'strategic energy partner' for Global South thanks to Iran
Russian oil hit a 13-year high before the ceasefire as Moscow pivots to "strategic energy partner" for the Global South. Kremlin says it is fielding "an enormous number" of requests for energy supplies as trade flows shift.
Trump warns US forces will remain in place around Iran until 'real agreement' is complied with
Trump warns all US military forces will remain deployed around Iran until the ceasefire agreement is fully met, threatening that otherwise "the shootin' starts." He says Iran must not pursue nuclear weapons and Hormuz must stay open.
South Africa showcases green hydrogen roadmap at UNIDO conference
South Africa has outlined a roadmap to develop a green hydrogen industry aimed at exporting to major global markets amid rising demand while calling for greater funding and technical support.
Azerbaijan cements role as European gas supplier as regional output falls
Azerbaijan's gas production grew 2.4% to 39 bcm in 2025, consolidating its position as a key diversification partner for south-eastern Europe through the Trans Adriatic Pipeline (TAP).
Ghana’s oil output slump deepens, raising investor concerns
Ghana’s crude oil production has fallen for a sixth straight year, dropping sharply from 71.4mn barrels at its peak to 37.3mn barrels in 2025, according to official data.
Namibian rail operator TransNamib pilots hydrogen-powered locomotive, seeks pivot from diesel engines
TransNamib Holdings (TransNamib), Namibia’s state-owned rail company, has launched a six-month trial run for a locomotive powered by hydrogen and diesel in partnership with Belgian giant CMB. TECH (EBR: CMBT).
Caturus achieves full commercialisation of Commonwealth LNG
Caturus has completed the commercialisation of its planned Commonwealth LNG project on the US Gulf Coast and is closing in on a final investment decision.
Indonesian construction company WIKA Beton signs MoU for Alaska LNG project
PT Wijaya Karya Beton Tbk (WTON) is making a high-stakes leap into the North American energy corridor, confirming it has signed a Memorandum of Understanding (MoU) for a massive LNG infrastructure project in Alaska
Seoul cuts fuel bills by ending post-payment system
South Korea has abolished a controversial post-payment system for gas stations that has been blamed for driving up consumer fuel costs, the Korea Fair Trade Commission (KFTC) announced on April 9.
India welcomes West Asia ceasefire
Manila to secure fuel supplies during Middle East ceasefire
Philippine President Ferdinand Marcos Jr. intends to capitalise on a two-week cessation of hostilities in the Middle East to increase the nation's petroleum reserves, the president told Presidential Communications Undersecretary Claire Castro.
US concerns stall Citgo sale as political risks mount
A planned transfer of control of Citgo Petroleum, Venezuela’s most valuable overseas asset, has run into delays amid mounting reservations within the Trump administration over pricing and political fallout
India’s clean energy push hinges on debt markets
India’s ambition to scale up renewable energy capacity to 500 gigawatts (GW) by 2030 and achieve a 60% non-fossil fuel energy mix by 2035 will depend as much on financing structures as on policy and technology.
Bangladesh seeks more fuel from India as ties show signs of thaw
Bangladesh has sought to increase fuel imports from India during a high-level visit to New Delhi, signalling a possible easing of strained bilateral ties.
Venezuela seen entering sustained recovery by 2026, analyst says
Venezuela’s economy is poised to enter a phase of sustained recovery by 2026, underpinned by energy sector liberalisation and updated legal frameworks, according to Luis Vicente León, president of market research company Datanálisis
India clears two mega hydropower projects in Arunachal Pradesh
India's Cabinet Committee on Economic Affairs, chaired by Narendra Modi, has approved a combined investment of INR401.75bn ($4.4bn) for two major hydropower projects in Arunachal Pradesh.
Windfall tax delay exposes Indonesia’s challenge in capturing commodity gains
Indonesia recently announced that it had delayed the rollout of its windfall tax proposal on coal and nickel exports. The country noted that the complexity of balancing fiscal needs with industrial policy is behind the delay
Polish builder Erbud launches strategic options review following 15% EBITDA growth in 2025
Polish construction company Erbud announced on April 8 the launch of a strategic options overview, a move that does not rule out capital injections or major changes to its shareholder structure, after posting a 15% y/y increase in 2025 EBITDA.
Syria reports 30% rise in Dijla oilfields production in Hasakah
Syria’s state-owned oil company has announced a marked improvement in output from the Dijla fields in Hasakah province, saying production has risen by around 30%
Petroecuador doubles output at Drago field to near 6,000 bpd after technical overhaul
Ecuador’s state oil company Petroecuador has sharply increased production at its Drago field, underscoring a broader strategy to lift national crude output through operational upgrades and targeted investments.
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