Latest Stories

Shares in Polish coal producer JSW surge on state financing pledge

20 March 2026

The Polish government has started working on legislative measures that will enable more systematic financing for the hard coking coal producer JSW, State Assets Minister Wojciech Balczun announced.

RenewSys expands capacity with new Maharashtra solar plant

20 March 2026

With the addition of the Khopoli plant, RenewSys has increased its total solar module manufacturing capacity to 5.6 GW, strengthening its position in India’s domestic solar supply chain.

QatarEnergy warns of potential force majeure on Korean LNG contracts

20 March 2026

QatarEnergy may be forced to declare force majeure on long-term LNG contracts with several countries, including South Korea, as supply disruptions persist, according to a report citing the company’s chief executive.

India to double power capacity by 2036

20 March 2026

India is projected to more than double its installed power generation capacity from around 520 GW at present to 1,121 GW by 2035-36, with non-fossil fuel sources accounting for nearly 70% of the total.

Russia accuses Ukraine of trying to disable pipelines that deliver gas to Turkey, Hungary and Slovakia

20 March 2026

Gazprom alleges 26 attack drones tried to reach compression stations vital to TurkStream and Blue Stream operations.

India's ceramic hub falls silent as Middle East conflict disrupts gas supplies

20 March 2026

Most factories in Morbi, the ceramics manufacturing powerhouse in India's Gujarat, have remained shut as fuel shortages linked to the Iran conflict continue to disrupt production.

Mongolia's February coal production reportedly fell back 15% m/m to 8.7mn tonnes

19 March 2026

Mongolia's production of coal for all uses reportedly contracted by 14.6% month on month to 8.65mn tonnes in February.

Brazil's oil export tax faces legal challenge risk as government uses levy to fund fuel subsidies

19 March 2026

Brazil's decision to impose a 12% export tax on oil and diesel to fund fuel subsidies is reviving memories of a similar measure in 2023 that was struck down by the courts, with lawyers warning fresh legal challenges from the oil sector are likely.

Brazil's airlines seek tax relief as players warn Petrobras could hike jet fuel by 50%

19 March 2026

Brazil's aviation sector is seeking emergency tax relief as the Iran war risks driving jet fuel prices up by as much as 50%, industry sources warn.

Brazil fuel crisis deepens as diesel surges, truckers weigh strike

19 March 2026

Brazil is facing a deepening fuel crisis as diesel prices soared nearly 20% at the pump in the first half of March, President Luiz Inácio Lula da Silva blamed unscrupulous market participants, and truck drivers threatened a nationwide strike.

Slovak government curtails fuel sales

19 March 2026

Slovak cabinet approved measures curtailing fuel sales on March 18. These include a cap on maximum sale of diesel fuel per vehicle at €400, while only 10 litters of fuel can be sold to additional fuel containers.

Thai industry urges action on rural fuel shortage

19 March 2026

The Federation of Thai Industries (FTI) has appealed to the government to take immediate action to address a growing fuel shortage affecting rural areas. Small-scale oil distributors, known locally as “jobbers”,

Vietnam requests crude and gas supplies from Algeria

19 March 2026

Vietnam is seeking additional crude oil and natural gas from Algeria as global energy markets face disruption linked to tensions in the Middle East.

Croatia’s Dalekovod wins €29mn Swedish grid contracts

19 March 2026

Croatian engineering group Dalekovod said on March 19 it had secured contracts worth €29.41mn from Sweden’s transmission system operator Svenska kraftnät for work on four high-voltage power line projects.

Neuquén plans hydrocarbons licensing round to boost Vaca Muerta development

19 March 2026

Argentina’s Neuquén province is preparing to launch a new hydrocarbons licensing round on August 19, Governor Rolando Figueroa said, as authorities seek to expand investment in the Vaca Muerta shale formation and capitalise on growing interest.

ING: Energy markets brace for a prolonged supply disruption

19 March 2026

There are few signs of de-escalation or a resumption in energy flows from the Persian Gulf. The market is having to reprice the duration of ongoing supply disruptions. We have updated our scenarios for oil and gas markets.

Serbia extends fuel export ban, releases diesel from reserves

19 March 2026

Serbia has extended its ban on exports of crude oil and fuel products until April 2 and will release 40,000 tons of diesel from state reserves to shield the domestic market from rising global oil prices.

Colombia's Terpel posts 18.4% EBITDA surge in 2025 as EV charging and solar push beyond fuel roots

19 March 2026

Organización Terpel reported full-year 2025 revenues of COP 38.1 trillion ($8.86bn), up 4.3% year-on-year, and a consolidated EBITDA of COP 1.76 trillion ($409mn), a rise of 18.4%, according to the company's 2025 management and sustainability report

Croatia calls for swift EU action in response to energy pressures

19 March 2026

Europe must act quickly to shield citizens and economies from energy shocks, drawing on lessons learned during Russia’s war in Ukraine, Croatian Prime Minister Andrej Plenković said on March 19.

Republika Srpska government moves to allow electricity storage under energy law changes

19 March 2026

The government of Bosnia's Republika Srpska on March 19 approved draft amendments to its energy law to introduce electricity storage as a regulated activity, reflecting growing use of renewable power.

Petrobras and Ecopetrol confirm deepwater gas find off Colombia, strengthening Caribbean gas province

19 March 2026

Petrobras and Ecopetrol confirmed a natural gas discovery at the Copoazú-1 exploratory well in Block GUA-OFF-0, located roughly 36km off Colombia's Caribbean coast in 964 metres of water, according to joint announcements by both companies

Israel escalates war with attack on South Pars

19 March 2026

As the war in the Middle East enters its third week, strikes have become increasingly escalatory, with Israel opting to hit Iran’s South Pars gas field, and Iran launching attacks on Qatar’s energy infrastructure in response.