Latest Stories

Bolivia fuel import crisis continues

9 April 2026

Bolivia and Chile have stepped up bilateral cooperation to tackle a cross-border fuel adulteration network, as probes reveal systematic tampering with shipments destined for the Bolivian market.

Russia to dispatch second oil tanker to Cuba

9 April 2026

Russia plans to send a second oil tanker to Cuba following the delivery of hundreds of metric tonnes at Matanzas port earlier this week, Russian Energy Minister Sergei Tsivilev stated.

Venezuela opens for business, investors weigh promise against reality

9 April 2026

The months since Nicolás Maduro's capture have brought Venezuela closer to the global economy than at any point in a generation.

US allowing Russian oil cargo to Cuba is ‘humanitarian’, not policy shift

9 April 2026

A Russian oil tanker has reached Cuba with a cargo of crude, marking the first significant delivery to the island in months and highlighting a limited but notable shift in US enforcement of its sanctions.

Santos reports positive results from Alaska’s Quokka-1 appraisal well

9 April 2026

Australia’s Santos has completed its Quokka-1 appraisal well on Alaska’s North Slope.

Perenco partnership to advance energy sector skill development in Central Africa

9 April 2026

Perenco Cameroon and Perenco Gabon, key African subsidiaries of independent Anglo-French oil and gas company Perenco, have formed a partnership with the UCAC-ICAM Institute in Douala to advance local skill development in Central Africa.

HD Hyundai launches world’s first ammonia-powered ships

9 April 2026

HD Hyundai Heavy Industries Co. has completed construction of two ammonia-fuelled vessels, marking a global first in the shipbuilding sector.

Japan weighs further oil release

9 April 2026

Resource-poor Japan depends on imports for almost all of its crude oil, with more than 90% sourced from the Middle East.

Russia emerges as 'strategic energy partner' for Global South thanks to Iran

9 April 2026

Russian oil hit a 13-year high before the ceasefire as Moscow pivots to "strategic energy partner" for the Global South. Kremlin says it is fielding "an enormous number" of requests for energy supplies as trade flows shift.

Trump warns US forces will remain in place around Iran until 'real agreement' is complied with

9 April 2026

Trump warns all US military forces will remain deployed around Iran until the ceasefire agreement is fully met, threatening that otherwise "the shootin' starts." He says Iran must not pursue nuclear weapons and Hormuz must stay open.

South Africa showcases green hydrogen roadmap at UNIDO conference

9 April 2026

South Africa has outlined a roadmap to develop a green hydrogen industry aimed at exporting to major global markets amid rising demand while calling for greater funding and technical support.

Azerbaijan cements role as European gas supplier as regional output falls

9 April 2026

Azerbaijan's gas production grew 2.4% to 39 bcm in 2025, consolidating its position as a key diversification partner for south-eastern Europe through the Trans Adriatic Pipeline (TAP).

Ghana’s oil output slump deepens, raising investor concerns

9 April 2026

Ghana’s crude oil production has fallen for a sixth straight year, dropping sharply from 71.4mn barrels at its peak to 37.3mn barrels in 2025, according to official data.

Namibian rail operator TransNamib pilots hydrogen-powered locomotive, seeks pivot from diesel engines

9 April 2026

TransNamib Holdings (TransNamib), Namibia’s state-owned rail company, has launched a six-month trial run for a locomotive powered by hydrogen and diesel in partnership with Belgian giant CMB. TECH (EBR: CMBT).

Caturus achieves full commercialisation of Commonwealth LNG

9 April 2026

Caturus has completed the commercialisation of its planned Commonwealth LNG project on the US Gulf Coast and is closing in on a final investment decision.

Indonesian construction company WIKA Beton signs MoU for Alaska LNG project

9 April 2026

PT Wijaya Karya Beton Tbk (WTON) is making a high-stakes leap into the North American energy corridor, confirming it has signed a Memorandum of Understanding (MoU) for a massive LNG infrastructure project in Alaska

Seoul cuts fuel bills by ending post-payment system

9 April 2026

South Korea has abolished a controversial post-payment system for gas stations that has been blamed for driving up consumer fuel costs, the Korea Fair Trade Commission (KFTC) announced on April 9.

Manila to secure fuel supplies during Middle East ceasefire

9 April 2026

Philippine President Ferdinand Marcos Jr. intends to capitalise on a two-week cessation of hostilities in the Middle East to increase the nation's petroleum reserves, the president told Presidential Communications Undersecretary Claire Castro.

US concerns stall Citgo sale as political risks mount

9 April 2026

A planned transfer of control of Citgo Petroleum, Venezuela’s most valuable overseas asset, has run into delays amid mounting reservations within the Trump administration over pricing and political fallout

India’s clean energy push hinges on debt markets

9 April 2026

India’s ambition to scale up renewable energy capacity to 500 gigawatts (GW) by 2030 and achieve a 60% non-fossil fuel energy mix by 2035 will depend as much on financing structures as on policy and technology.

Bangladesh seeks more fuel from India as ties show signs of thaw

9 April 2026

Bangladesh has sought to increase fuel imports from India during a high-level visit to New Delhi, signalling a possible easing of strained bilateral ties.