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Hungary steps up oil exports to Serbia after US sanctions on NIS
Hungarian energy company MOL has ramped up oil exports to Serbia following the imposition of US sanctions on Serbia’s Gazprom-controlled oil firm NIS.
Thailand moves toward clean energy for data centres
Thailand’s Energy Regulatory Commission (ERC) has issued draft regulations that would allow data centres to purchase electricity directly from renewable energy producers
Serbia offers to buy part of Russian stake in NIS amid US sanctions
Serbia’s President has proposed that Serbia acquire a portion of the Russian stake in the country’s leading oil and gas company, NIS, as a possible solution to US sanctions.
Hanoi launches world’s 2nd largest waste-to-energy plant
Vietnam has officially inaugurated the Soc Son Waste-to-Energy Plant in Hanoi’s Trung Gia Commune, the largest facility of its kind in the country and the second biggest globally.
Nigeria set to introduce new law that will protect domestic refinery operations
Nigeria is set to introduce a new law that will boost and protect the operations of local oil refineries, according to Business Day.
US introduces more sanctions on Iranian crude, LPG trade
The US has introduced additional sanctions on more than 50 individuals, vessels, and businesses that it says export billions of dollars’ worth of Iranian liquefied petroleum gas (LPG) and crude oil.
Iran awards €150mn fuel pipeline project to two local firms
Iran’s Oil Ministry awarded the construction of a fuel pipeline with a daily transfer capacity of 12mn litres to two state-run companies, as part of efforts to improve fuel supply and distribution in the southern province of Fars.
Petrobras brings Tupi back online as Brazil climbs oil ranks
Brazil’s state-run oil company Petrobras has resumed production at its Tupi offshore oilfield, restoring one of its largest pre-salt assets and supporting the country’s growing share in global oil supply.
Brazil’s Ibama presses Petrobras over Amazon oil permit
Brazil’s environmental regulator Ibama has asked Petrobras for further information as part of the licensing process for drilling in the Foz do Amazonas Basin, according to documents reviewed by Reuters.
Petrobras pushes Brazil to back vegetable oil diesel
Brazil’s state-controlled oil company Petrobras is urging the government to require the use of diesel fuel mixed with vegetable oil, chief executive Magda Chambriard said.
Brazil’s COP30 fossil fuel phase-out draws most initiatives
The goal of shifting away from fossil fuels has attracted the highest number of initiatives in the COP30 action agenda, according to its coordinator, Bruna Cerqueira.
Europe enters winter heating season with cautious optimism
Fuel shortages, price rises in evidence across parts of Central Asia amid Ukraine’s attacks on Russian refineries
Fuel shortages and price rises are in evidence across many parts of Central Asia amid the Ukrainian drone and missile attacks on refineries that have cut Russia’s refining capacity, according to an October 15 report from RFE/RL.
Norwegian operator Sea1 bags three-year Brazil deal for platform supply vessel
Norwegian vessel operator Sea1 Offshore, previously trading as Siem Offshore, has landed a new assignment for one of its platform supply vessels (PSVs) in Brazilian waters
Norway’s DOF Group awarded two charters agreements from Brazil’s Petrobras
DOF Group has secured two four-year charter agreements with national oil company (NOC) Petrobras for operations in Brazilian waters
Iranian oil tankers begin shutting off locations after mass reveal
Most Iran-flagged oil tankers have, for the first time since 2018, begun transmitting genuine location signals over the Automatic Identification System (AIS),but others are going "dark" again.
Slovenia’s HSE Group launches wave of solar projects to boost green transition
Slovenia’s HSE Group, the country’s largest producer of renewable electricity, said on October 14 that it is expanding its solar power network with a series of new installations on public buildings across multiple municipalities.
DRC signs $1.5bn power-line deal with Symbion unit Hydro-Link to link Angola hydropower
The Democratic Republic of Congo signed a $1.5bn preliminary deal with US-based Symbion Power’s Hydro-Link to build a 700-km transmission line connecting Angola’s Lauca hydropower complex to the DRC’s copper- and cobalt-rich south.
NNPCL hikes petrol prices across Nigeria
The Nigerian National Petroleum Co. Ltd. (NNPCL) has instituted significant fuel price hikes across the country, sparking concerns about the potential impact on the wider economy, according to WRAL News.
EXPLAINER: What is the EU’s CBAM and how will it affect global trade from 2026?
The European Union’s Carbon Border Adjustment Mechanism (CBAM) will enter its full operational phase on January 1, 2026, marking a major shift in global climate and trade policy.
Amazon oil output rises as PetroTal battles production setbacks in Peru
Peru’s oil sector recorded a strong rebound in September, with national crude output climbing 21.8% year-on-year to 42,400 barrels per day (bpd).
Tanzania set to host state-of-the-art oil export terminal as EACOP nears completion
The East African Crude Oil Pipeline (EACOP) project has reached 70% completion, according to Ombeni Sefue, board chairman of the Tanzania Petroleum Development Corporation.
Gas turbine bottleneck could impede Southeast Asian LNG-to-power plans
IEEFA’s conclusion is not that gas should be overlooked in Southeast Asia’s power mix, but that the turbine bottleneck adds a material headwind to the timing and economics of LNG-to-power through this decade.
Putin ally Timchenko acquires Shell’s former stake in Western Siberian oil fields
Russian billionaire Gennady Timchenko, a close associate of President Vladimir Putin, has acquired Shell’s former 50% stake in the Salymsky oil project in Western Siberia
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