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Data on super-polluting plumes show Turkmenistan’s joining of Global Methane Pledge has achieved little
Still one of the worst for potent mega-leaks.
US refiners ramp up Venezuelan crude intake as global oil flows shift
Imports of Venezuela’s heavy crude — a key feedstock for complex Gulf Coast refineries — jumped sharply in early March, with volumes rising in a short span
Oil majors reassess Venezuela as price surge revives investment appeal
Once labelled “uninvestable” amid political turmoil, the country is being reconsidered due to its vast reserves
Brazil's fuel market rattled by price surge as Petrobras cancels auctions and distributors fear shortfall
Brazil's fuel market has been thrown into turmoil by the ongoing conflict in the Middle East, with gasoline and diesel prices hitting fresh highs, the state-owned oil company Petrobras suspending fuel auctions, and distributors worried about supply.
US weighs broader sanctions relief to unlock Venezuela oil output
The Trump administration is preparing additional measures to ease restrictions on Venezuela’s oil industry
PDVSA reappoints head of US units as Citgo control hangs in balance
The appointment remains largely symbolic for now. Asdrúbal Chávez cannot assume effective control without authorisation from the US Treasury’s Office of Foreign Assets Control
Morocco says fuel reserves cover 30 days amid rising global prices
Morocco has sufficient fuel reserves to meet around one month of domestic demand. Global energy prices continue to rise due to geopolitical tensions and supply disruptions driven by the US-Israeli war on Iran
Kyrgyzstan offers moratorium on business inspections, tax service explains “slowness” in probing Kyrgyzneftegaz graft
Journalist was expelled from country when he raised similar corruption claims four years ago.
Petrobras tightens grip offshore Brazil
Petrobras has moved to take full ownership of two offshore assets in Brazil’s Campos Basin by exercising its pre-emptive right to acquire stakes held by Petronas.
PRIO clears path for new Brazil wells
PRIO has received authorisation to drill multiple wells at the Frade field in Brazil’s Campos Basin after the environmental regulator issued an amended licence.
Vietnam targets nuclear energy share of 6–8%
Vietnam aims to generate 6–8% of its electricity from nuclear energy by 2050 under a newly approved long-term strategy.
Serbia plans 1,030 km of new power lines by 2035
Myanmar introduces power rationing amid rising electricity demand
Myanmar will introduce targeted electricity distribution measures as rising demand strains supply, the Ministry of Electric Power has announced.
Cambodia turns to Singapore, Malaysia for fuel supply
Cambodia is increasing fuel imports from Singapore and Malaysia to offset supply shortfalls caused by export restrictions from Vietnam and China, Energy Minister Keo Rottanak told Reuters.
Falling crude output raises Vietnam’s import dependency concerns
Vietnam is set to see domestic crude oil output decline this decade, heightening reliance on imports as ageing offshore fields and geopolitical tensions disrupt supply, according to a government report released this week.
Russian oil tankers close in on Cuba after island's worst blackout in decades
Russia has sent two ships carrying crude oil and gas to Cuba as the Caribbean island endures its worst energy crisis in living memory, with a 29-hour nationwide blackout underscoring the depth of a sanctions-induced fuel emergency.
Sintana Energy secures extension of Namibia licence for PEL 87 to advance offshore exploration
Namibia has extended Petroleum Exploration Licence 87 to January 2027, allowing Sintana Energy and Pancontinental Energy to advance seismic work, complete environmental approvals and prepare for drilling in the Orange Basin.
Russia sends fuel ships to Cuba as island battles power shortages
Russia has dispatched two vessels carrying oil and gas to Cuba as the Caribbean nation grapples with its worst energy crisis in decades
Strikes on Iran gas fields could force Turkey to ramp up LNG imports
Damage to Iran’s Asaluyeh gas processing facility in Bushehr province and part of the South Pars complex, after an Israeli missile strike on March 18, risks disrupting pipeline supplies to Turkey, potentially forcing Ankara to raise LNG imports.
Brazil sets course for net zero
Brazil’s government launched its Climate Plan in Brasília, setting out measures to cut emissions and prepare for climate impacts, according to officials.
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