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Mongolia announces 2026 coal, copper and iron ore production targets
Mongolia plans to produce 90mn tonnes of coal, 1.9mn tonnes of copper concentrate and 9.4mn tonnes of iron ore in 2026, the Ministry of Industry and Mineral Resources (MIMR) has announced.
Tajikistan looks set to withdraw National Bank reserve funds to inject finance into Rogun hydro megaproject
Dushanbe looks set to withdraw funds from the reserve fund of the National Bank of Tajikistan to provide an injection of finance required by its Rogun hydroelectric power megaproject.
Document suggests delays may be creeping into plan for Russia to build Uzbekistan’s first nuclear power plant
A start on the construction of Uzbekistan’s first nuclear power plant (NPP) could be delayed by up to nine months, with the first concrete pour moving from March to December.
Croatia plans to build a gas interconnection with Serbia
Croatia is planning to build a gas interconnection with Serbia that would give Belgrade access to the liquefied natural gas (LNG) terminal on Krk island, Croatian Economy Minister Ante Šušnjar said on January 27.
Chevron ramps up Venezuelan crude flows to US
Chevron Corp. has sharply increased shipments of Venezuelan crude to the US, deploying its largest tanker fleet in nearly a year as Washington deepens its oversight of the country’s oil sector following the capture of Nicolás Maduro
Venezuela debt rally signals opening for historic restructuring after Maduro ouster
Venezuelan bonds, long treated by investors as a speculative bet on a deeply troubled economy, surged after a pre-dawn US operation in Caracas removed President Nicolás Maduro, reviving expectations of a sweeping debt overhaul
Egypt’s SCZone signs $63.9mn deal with Jade Automotive Technology for EVs and battery manufacturing project
PetroChina steps back from Venezuelan crude as US takes control of exports
The move marks another pause in what was once a key supply relationship. Until early 2019, PetroChina was Venezuela’s largest single crude buyer, before US sanctions forced a halt to imports
Serbia clarifies details of planned NIS sale to MOL, ADNOC
Russia’s Gazprom and its oil arm Gazprom Neft reached a provisional agreement last week to sell their combined 56.15% stake in NIS to MOL, a move that could pave the way for the lifting of US sanctions if approved by Washington.
Venezuela prepares to resume LPG exports under US-backed oil deal
Vitol and Trafigura were granted the first US licences earlier this month to handle cargoes tied to the roughly $2bn agreement, which seeks to draw down inventories that accumulated after the US imposed an oil blockade in December
Venezuela's oil prospects fraught with difficulties, says Fitch
Venezuela’s hopes of reviving its long-struggling oil industry have gained fresh momentum following recent US actions, but a ratings agency is warning that any recovery will be slow, costly and fraught with structural challenges.
Peru clears 250 MW Tierra Blanca solar project
Peru has approved the environmental framework for a large-scale solar power project in its southern coastal region, marking a key step in expanding renewable generation capacity and attracting foreign investment into the energy sector.
Trinidad targets 2027 start for Venezuelan gas despite political upheaval
Shell and Trinidad's state gas company continue planning for a Venezuelan offshore project that officials say could begin flowing gas by late 2027 despite recent political changes in Caracas.
Venezuela's oil reform fails to lure US majors despite push for private investment
Venezuela's interim government has fast-tracked changes to the country's hydrocarbon law in a bid to attract foreign capital to its battered oil industry, but major US producers remain reluctant to commit billions of dollars amid uncertainties.
Chevron signals willingness to support Venezuela oil reform talks
Chevron’s representative in Venezuela said the US oil producer is ready to keep contributing its operational experience as the country moves forward with plans to overhaul its hydrocarbons framework
Syria uncovers SYP6bn in corruption at state oil company
Syria’s Central Authority for Financial Control has uncovered financial corruption worth around SYP6bn ($462,000) at the state-owned Syrian Oil Company, linked to a power generation contract signed under the former regime.
Iraq’s SOMO optimistic on Kurdistan oil output as exports hit 200,000 bpd
Iraq’s State Organization for Marketing of Oil (SOMO), revealed optimism about the future of oil production and exports from the Kurdistan Region, citing the success of the current agreement between the federal government in Baghdad and the regional.
ExxonMobil installs monitoring system for Guyana subsea pipeline
Mexico’s Pemex increases fracking exploration investment 66%
Russian gas supplies to Uzbekistan jump 30% y/y in 2025
Uzbekistan purchased $1.23bn worth of piped natural gas from Russia in 2025, with the volume marking a 30% y/y increase, according to the International Energy Agency (IEA).
Mexico President declines to deny halting oil shipments to Cuba
Mexican President Claudia Sheinbaum refused to deny on 27 January 2026 that her government had suspended oil shipments to Cuba, describing export decisions as sovereign matters unrelated to pressure from Washington, Reuters and El País reported.
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