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Romania adds more than 10,000 rooftop solar prosumers a month
Romania had 332,684 prosumers connected to the electricity grid as of April 30, with a combined installed capacity of 3,789 MW, according to energy regulator ANRE.
COMMENT: Iran war shows why Asia must quit fossil fuels
Across Asia, governments are now accelerating approvals for renewable projects and grid modernisation schemes. Battery storage investments are making headlines almost daily.
US eases Iran oil sanctions, price on Brent crude drops over 3.5%
The United States has partially lifted sanctions on Iranian oil exports following what officials have described as encouraging progress in negotiations aimed at ending hostilities between Washington and Tehran.
Turkey’s foreign minister meets Trump’s co-in-law 'fixer' in Cairo
Lebanese-born billionaire Massad Boulos is a man with a unique portfolio. He serves as US senior advisor for Arab and African affairs. His son is married to Tiffany Trump.
Lithuanian carbon farming programme secures first corporate buyers
Several international companies have purchased the first carbon credits generated by local farmers in Lithuania.
Cocaine trade overtakes oil as Colombia's largest export
Colombia’s booming cocaine trade generated about $16.5bn in 2024, surpassing petroleum exports for the first time in more than a decade and accounting for roughly 4.4% of gross domestic product, according to a study by Eafit University’s Centre.
US lifts Iran oil sanctions for 60 days as exports surge
The United States has temporarily lifted sanctions on Iran’s oil sector for 60 days, allowing the Islamic Republic to produce, sell and deliver crude oil and related products as Washington and Tehran press ahead with negotiations.
Bulgaria records EU’s sharpest fuel price rise in May
Fuel prices rose in all EU member states, with the steepest increases recorded in Bulgaria, Luxembourg, Lithuania and Romania.
Colombia elects Trump-backed De la Espriella, extending region's rightward shift
Trump-backed lawyer Abelardo de la Espriella has won Colombia's presidency by a razor-thin margin, defeating Iván Cepeda as Latin America's rightward tilt gains another convert and Bogotá braces for unrest.
Iran, US agree 60-day roadmap to final deal in joint Zurich statement
Iran and the United States have agreed a 60-day roadmap towards a final agreement and a high committee to oversee negotiations, in a joint statement at the close of the first round of talks in Switzerland.
TIIF 2026: Masdar and ACWA Power, twin engines behind Uzbekistan's renewable energy boom
Two Gulf utility giants control the lion's share of Central Asia's largest green energy market. At the Tashkent International Investment Forum (TIIF) this month, the two companies set out plans that would take investment capital to $20bn.
India's oldest nuclear power plant returns to service after major overhaul
India’s oldest nuclear power plant has resumed full operations after an extensive modernisation programme, with the first two units of the Tarapur Atomic Power Station in Maharashtra reconnecting to the grid.
Vietnam's Ca Mau starts construction of wind farm
Southern Vietnam's Ca Mau Province has begun construction of a nearly $95mn wind power project aimed at boosting renewable energy production and supporting long-term economic growth.
LNG Canada ships 100th cargo in first year of operation
LNG Canada marked a key milestone with its 100th cargo shipped.
Iran’s second opening: where the smart money should go
Presuming the fragile truce holds, a new MoU will allow global energy companies to invest in reconstructing Iran’s vast, undamaged oil and gas reservoirs
Iran says Strait of Hormuz completely closed
Iran's Khatam al-Anbiya Central Headquarters has said it will close the Strait of Hormuz to shipping again, citing US violations of the war-ending memorandum and continued Israeli attacks in southern Lebanon.
World Bank backs Eastern Africa power grid integration with $1.6bn programme
The World Bank Group has approved a $1.6bn financing package for the RETRADE-EA, a 10-year initiative aimed at expanding cross-border electricity trade in east Africa and strengthening regional grid integration.
Australian Unions Reach Deal with Inpex to End Strikes at Ichthys LNG Plant
Australian union groups have come to an agreement with Japanese energy firm Inpex to halt strike action at the Ichthys LNG facilities.
India faces twin threat of extreme heat and a slow moving monsoon
Most parts of India are facing unprecedented heatwave conditions. For several weeks, India’s capital, New Delhi, has been suffering under temperatures over 40 °C.
MOSCOW BLOG: Ukrainian drone strikes spark fuel fears in the Russian capital
Ukraine has once more brought the war to Russia’s capital, launching its biggest drone strike against Moscow since the start of the conflict, causing what may be extensive damage to the city’s main oil refinery and sparking fears of fuel shortages.
Kosmos exits Equatorial Guinea with $127mn sale of Ceiba and Okume assets to Panoro
Kosmos Energy (NYSE/LSE: KOS) has completed the sale of its interests in Equatorial Guinea's Ceiba field and Okume Complex to Panoro Energy (OSE: PEN) for $127mn, as it refocuses on core assets in Ghana, Mauritania and Senegal.
ING flags risks to Hormuz reopening as US-Iran MoU starts the clock on talks
ING warns markets are too optimistic on how fast the Strait of Hormuz will reopen under the new US-Iran MoU, with mine clearance and insurance set to slow the return of oil flows for months.
Morocco rejects fuel price cap and Samir Refinery takeover
Morocco’s Upper House has voted down two high-profile legislative proposals, exposing deep political fragmentation over the sensitive issues of retail fuel pricing and the nationalisation of the idled Samir refinery
Libya’s Sirte Oil hits high-yield well at Al-Khair field
Libya’s state-owned National Oil Corporation (NOC) announced that its subsidiary, Sirte Oil Company for Production and Manufacturing of Oil and Gas, has completed a development well at the Al-Khair oilfield
Egypt signs gas expansion deals with Harbour Energy, Eni
Egypt has signed new agreements on June 17 with British firm Harbour Energy (LSE:HBR) and Italy's Eni (BIT:ENI) to raise natural gas production and establish an economic framework to stimulate foreign investment
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