Fuel, turbine and currency costs have more than doubled the price of gas-fired power in Vietnam, while Taiwan's break with Papua New Guinea shows politics now steering Asian LNG trade.

Emerging Asia's LNG power play was failing long before the Iran war - IEEFA

AsiaElec - Asia Power
AsianOil - Asia Oil & Gas
GLNG - Global LNG
By Mark Buckton in New Taipei 13 November 2026
Emerging Asia's plan to run its power grids on imported gas was unravelling years before the Iran war shut the Strait of Hormuz, according to IEEFA.
At 2026 emission levels the budget for a 50% chance of holding warming to 1.5C runs out around 2030, and even the 2C budget is gone by 2051.

World has 3.5 years of emissions left before exhausting 1.5C carbon budget

REM - Renewable Energy
By Ben Aris in Berlin 13 November 2026
At this year's rate the world will use up its carbon budget for holding warming to 1.5C in 3.5 years, Our World in Data said on November 12.
Venezuelan output has climbed above 1.2mn barrels a day, yet deposits into the custody account fell after May, according to a report released by the US State Dept.

US tally of Venezuela oil cash falls billions short of estimates - IntelliNews Lambda

LatAmOil - Latin America Oil & Gas
By Latin America bureau 13 November 2026
Washington's first public accounting records $12.2bn in natural-resource deposits to Venezuela's custody account over nine months, significantly below independent estimates of oil export earnings alone.

Ghana earmarks $200mn for two-year nuclear power readiness programme in 2027 budget

AfrElec - Africa Power Monitor
By Newsbase 13 November 2026
Ghana will spend $200mn over 2027–2028 preparing for a fully state-owned nuclear plant, aiming to sign a construction and financing contract by December 2028.
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