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Kazakhstan plans to increase aviation fuel production by 1.5mn tonnes by 2030
Kazakhstan plans to expand aviation fuel production capacity by an additional 1.5mn tonnes by 2030 through refinery modernisation and the construction of a fourth oil refinery.
AFD Group signs $60mn Nigeria loans for clean energy, agriculture and creative firms
AFD Group, led by France's public development bank Agence Française de Développement (AFD), has signed two $30mn loan agreements in Nigeria to support businesses in renewable energy, agriculture and the creative industries
Solarcentury Africa secures $86.2mn debt facility for Zambia's Mailo expansion
Solarcentury Africa has secured an initial $86.2mn debt commitment from Standard Bank South Africa to refinance existing renewable energy projects and fund the third phase of Zambia's Mailo solar plant, under a facility that could expand to $370mn.
Kazakhstan’s solar project pipeline reaches 900 MW
Kazakhstan reportedly has a pipeline of large-scale solar projects with a combined capacity of 900 MW.
Kazakhstan seeks Russia’s approval to resume oil shipments through Druzhba pipeline
Kazakhstan has formally asked Russia for permission to resume oil shipments through the Druzhba pipeline to Germany, with the government awaiting Moscow’s response, says a report.
Mauritania signs two offshore oil and gas exploration contracts with Murphy Oil
Mauritania has signed two exploration and production contracts with US energy company Murphy Oil Corporation (NYSE: MUR) covering the offshore C10 and Tiof blocks
Poland's Tauron signs €144.4mn turbine deal with Siemens Energy for Łagisza plant
Polish power group Tauron Polska Energia said on November 4 it had signed a €144.4mn contract with a consortium of Siemens group companies that would help facilitate the transformation of its heating production segment towards lower-emission units.
Orlen boosts Poland's gas storage capacity by 25% with Wierzchowice expansion
Poland's biggest energy company Orlen said on November 4 it had completed a nearly PLN580mn (€130mn) expansion of the Wierzchowice Underground Gas Storage Facility, its largest site of this kind.
Romania begins restart procedures for Cernavodă nuclear plant’s first reactor
Romania’s Cernavodă Nuclear Power Plant is scheduled to reconnect its first reactor to the National Energy System on November 6, more than three months after it was shut down.
Indonesian oil company Pertamina to buy Moeve stakes in Algerian oil fields
Indonesian state energy company PT Pertamina (Persero) has agreed to acquire Spanish energy group Moeve's participating interests in three onshore hydrocarbon fields in Algeria's Berkine Basin.
Indonesia's Pertamina Geothermal eyes direct power for data centres
PT Pertamina Geothermal Energy (IDX: PGEO) is exploring a move into supplying geothermal electricity directly to data centres.
India's state oil firms seek 150mn litres of biodiesel
India's three biggest state-run fuel retailers, Indian Oil Corporation (NSE: IOC), Bharat Petroleum Corporation (NSE: BPCL) and Hindustan Petroleum Corporation (NSE: HINDPETRO), have opened bidding for 150mn litres of biodiesel.
Sri Lanka proposes 1.46% electricity tariff hike for Q4
Sri Lanka's power regulator has proposed a 1.46% increase in electricity tariffs for the last quarter of 2026.
South Korea's Hyundai E&C signs US small reactor deal
South Korean builder Hyundai E&C (KRX: 000720) has agreed a five-year master service contract with First American Nuclear Co (FANCO) to work on the US company's EAGL-1 small modular reactor (SMR).
Philippine regulator orders 13 power firms to explain outages
The Philippines' Energy Regulatory Commission (ERC) has served 24 show cause orders on 13 power generation companies after finding that their units went beyond permitted levels of unplanned downtime.
Nippon Steel produces iron using only hydrogen in Japan trial
A pilot furnace operated by Japan's Nippon Steel (TYO: 5401) has turned out over 1,000 tonnes of DRI, or direct reduced iron, using nothing but hydrogen to reduce the ore, the steelmaker announced on November 4.
Sumitomo takes stake in UK battery storage projects
Sumitomo Corp (TYO: 8053) has taken a 25% stake in five battery energy storage projects in the UK, as Japanese trading houses push into a sector gaining importance amid worries over oil and gas supplies.
Pakistan seeks LPG from Saudi Arabia and Oman
Pakistan is in talks with Saudi Arabia and Oman to import liquefied petroleum gas (LPG) as it tries to relieve shortages and bring down prices before winter, Petroleum Minister Ali Pervaiz Malik told reporters on November 3.
India approves $1.54bn funding for grid-scale energy storage
India’s Union Cabinet has approved INR145bn ($1.54bn) in viability gap funding (VGF) for grid-scale energy storage projects during 2026-27 to 2030-31
India's Grasim and Suzlon partner on recyclable wind blades
According to a statement from India's Grasim Industries, the company will team up with Suzlon Energy (NSE: SUZLON, BSE: 532667) to pilot wind turbines equipped with recyclable blades.
Essar to invest in India renewables project
Essar Power is set to invest roughly INR45bn ($480mn) in a renewable energy facility of 300 MW in Andhra Pradesh, in southern India.
South Korean clean energy stocks surge after Democrats win Congress
Hanwha Solutions (KRX: 009830) soared 18.64% and Samsung SDI (KRX: 006400) gained 11.57% as South Korean solar and battery stocks rose sharply once the Democrats took control of both the House and the Senate in the US Congress.
Taiwan to launch own carbon border tax and trading scheme
Overseas markets are tightening their climate requirements on Taiwanese exporters, and the island has already introduced a carbon fee system.
GeoPark earnings fall as oil discounts squeeze margins
Latin American oil producer GeoPark reported a 19% quarterly revenue decline to $116.2mn for the three months ended September 30, as wider crude price discounts and higher operating costs reduced margins despite stronger output in Argentina
Vietnam's BSR posts nearly tenfold jump in quarterly profit
Binh Son Refining and Petrochemical JSC (BSR) reported a nearly tenfold surge in third-quarter net profit to VND8.97 trillion ($349.93mn), driven by rising global oil prices and stronger refining margins.
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