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AM Green begins work on India’s largest green ammonia and hydrogen complex
AM Green Group has taken a significant step in India’s clean energy transition with the start of construction on the country’s first and largest green ammonia and green hydrogen complex at Kakinada in Andhra Pradesh
Solar panel prices in Pakistan jump due to higher import costs
Solar panel prices in Pakistan have risen sharply in recent weeks, driven by higher global raw material costs and strong demand, pushing up the prices of imported Chinese modules across local markets
Equinor’s eastern ambitions: navigating opportunity and adversity in South Korea
In late 2025 and early 2026, local media reported that Equinor missed a key deadline to finalise an agreement necessary for state backing of the Firefly/Bandibuli project.
New UAE gas agreement strengthens energy ties with India
A landmark energy partnership was solidified between the UAE’s integrated gas processing powerhouse, ADNOC Gas PLC, and India’s Hindustan Petroleum Corporation, signed during the state visit of UAE President to India.
Venezuela signs first-ever LPG export contract under interim government
Interim president Delcy Rodríguez announced the agreement during an event broadcast on state television
India’s MRPL weighs Venezuelan crude as Russian oil imports halt
The company is no longer processing Russian barrels and is reviewing alternative sources that meet both regulatory and commercial requirements
Oil majors seek more control as Venezuela weighs energy revival
International oil companies are urging swift action from Washington and Caracas to restart Venezuela’s oil industry, making clear that any new investment hinges on greater control over the barrels they produce
Brazil biofuel sector eyes $18bn investments by 2035 on new law
Brazil's biofuel industry is expected to invest BRL106.7bn ($18bn) in expanding production capacity over the next decade, driven by incentives in the country's Future Fuel Law, according to estimates from the Energy Research Company.
Iran’s private sector to process 12% of crude under partnership deals
The state-owned National Iranian Oil Co. (NIOC) has handed over 12% of the country’s crude oil production and processing to the private sector, a company official said.
Iran advances development of joint Farzad-B gas field
Iran has made “remarkable progress” in the development of the Farzad-B gas field, shared with Saudi Arabia in the Persian Gulf, said Hamidreza Saghafi, CEO of state contractor Petropars.
Turkey plans to open first offshore wind farm tenders by end of year, says Tureb head
Turkey is planning to open its first offshore wind farm tenders by the end of 2026, says Ibrahim Erden, president of the Turkish Wind Energy Association (Tureb).
Brazil’s Batista brothers eye Venezuela oil projects as political transition unfolds
Brazilian billionaire Joesley Batista and his family are positioning themselves to enter Venezuela's oil sector through existing stakes and potential new investments as the country undergoes political transition, according to sources.
Brazil courts China energy cash
Brazil has restarted efforts to attract Chinese investment into its energy sector, the government said after talks in Beijing, according to officials from the Ministry of Mines and Energy.
Gazprom Neft agrees to sell stake in Serbia’s NIS to Hungary’s MOL
Russia’s Gazprom Neft has reached a provisional agreement to sell its majority stake in Serbia’s oil company NIS to Hungary’s MOL, in a deal that would require approval from the US Treasury as the firm seeks to escape US sanctions.
Conoco's long shadow in Venezuela
ConocoPhillips is weighing calls from US President Donald Trump for American oil producers to commit large-scale investment to Venezuela, a country where the company has a long record of political risk, financial disputes and personal danger.
Venezuela oil flows hit hard stop
Venezuela’s overseas oil shipments have fallen sharply since US forces removed President Nicolás Maduro in early January, disrupting routes to Asia and reshaping trade flows for buyers including China.
UAE’s GSU acquires 51% of Kyrgyzstan-focused run-of-the-river hydro company 40Capital
Laos, Thailand and Malaysia boost regional power integration
Laos, Thailand and Malaysia have taken a further step in strengthening regional electricity cooperation with the signing of a new agreement aimed at expanding cross-border power trade in South East Asia
Algerian Sonatrach to pay $290mn in compensation to UK Sunny Hill Energy in gas dispute
An international arbitration tribunal has ordered Algeria’s state energy company Sonatrach to pay around $290mn to UK-based Sunny Hill Energy, following a long-running dispute over the Ain Tsila gas project in southeastern Algeria,
Vitol tests China demand with narrower discounts on Venezuelan crude
Foreign oil trader Vitol Group has begun offering Venezuelan crude cargoes to Chinese buyers at slimmer discounts than seen in recent years, signalling renewed confidence in Asian demand for the South American nation’s heavy oil
Canada's Parex Resources' output in Colombia rises on new wells in late 2025
Canada-based Parex Resources increased its oil and natural gas production in Colombia in the fourth quarter of 2025, supported by new wells brought online in the Llanos basin
SAPVIA raises concerns over planned unbundling of South Africa’s national power utility
The South African Photovoltaic Industry Association (SAPVIA) has expressed concerns about the revised unbundling strategy for the state-run power utility Eskom.
Neo Energy secures $10.1mn funding to advance South Africa uranium project
Neo Energy Metals has secured up to $10.1mn in strategic funding from a UK investor to advance its Beatrix uranium and gold project in South Africa, as rising nuclear demand revives interest in previously mothballed mining assets.
Russia's Power Machines to ship second domestically-built turbine to power plant
Russia’s Power Machines is preparing to ship a second high-capacity gas turbine for the Artemovskaya TPP-2 power plant in the Far East’s Primorsky region.
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