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Rosatom awaits Hungary’s decision on future of Paks II nuclear project
Rosatom was waiting for the Hungarian side to finish its review of the project, CEO says at Russian Energy Week.
Rwanda-based Kabisa plans $50mn capital raise for East African EV charging corridors, assembly
Rwanda-based electric mobility company Kabisa Electric is preparing an approximately $50mn capital raising to develop high-power charging stations along East African trade corridors and establish electric vehicle assembly operations
US extends Lukoil sanctions waivers for Bulgarian operations to April 2027
The US Treasury Department has extended until April 24, 2027, exemptions allowing Russian oil major Lukoil’s Bulgarian subsidiaries and its fuel stations outside Russia to continue certain operations.
Malaysia's Petronas, Vietnam's Petrovietnam sign energy alliance
Malaysian energy group PETRONAS and Vietnam National Industry-Energy Group (Petrovietnam) have signed an alliance agreement covering cooperation from oil and gas exploration to low-carbon projects.
Malaysia probes Selangor petrol stations over water-tainted fuel
Malaysian authorities are examining seven petrol stations in Selangor after drivers reported that RON95 fuel suspected of containing water had damaged their engines.
Philippines and US explore oil reserves and nuclear energy ties
The Philippines is turning to the United States for help in building emergency oil stockpiles and developing nuclear power after the two countries' energy chiefs met in Washington.
LNGPH plans $95mn third onshore LNG tank in Philippines
LNGPH, the gas venture backed by Philippine tycoons Manuel V. Pangilinan, Sabin Aboitiz and Ramon Ang, plans to spend about PHP6bn (around $95mn) to add a third onshore LNG storage tank.
South Korea maintains diesel export restrictions amid refiner pressure
South Korea's government is holding firm on restrictions on petroleum product exports that have been in force since March, rejecting calls from refiners to ease them.
India's AM Green secures $100mn loan for ammonia plant
The Asian Development Bank (ADB) and the government of Japan have signed financing deals with AM Green Ammonia (India) for a plant that will make about 1.1mn tonnes of ammonia a year from renewable power.
South Korea's LS Electric wins $127mn US data centre order
LS Electric (KRX: 010120), the South Korean maker of electrical equipment, has won a KRW170bn ($127mn) order to provide switchgear for a data centre being built by a large American technology firm.
Sri Lanka hit by nationwide blackout amid solar power surplus
Sri Lanka lost power across the entire country on October 17 when its national grid tripped, and officials suspect surplus solar generation caused the failure.
India's NTPC to scout more states for nuclear plants
India's largest power producer NTPC (NSE: NTPC) will launch feasibility studies for nuclear power projects in more states, including Uttar Pradesh.
Oil India re-enters coal bed methane exploration in Singrauli
State-run Oil India Limited (NSE: OIL) has signed a revenue-sharing contract for a special coal bed methane (CBM) block in the Singrauli Coalfield region.
India's crude oil import bill surges 46% in September
India's spending on crude oil imports rose 46% year on year to $15.4bn in September, even though volumes grew by only 7%.
Jindal Stainless unit buys stake in India hybrid power project
Chromeni Steels, a wholly-owned subsidiary of Indian stainless steel producer Jindal Stainless (NSE: JSL) (BSE: 532508), has bought a 40% stake in a special purpose vehicle building a 24 MW wind and solar hybrid power plant
India bans sugarcane juice in ethanol production for 2026-27
India's state-owned fuel retailers have barred ethanol makers from using sugarcane juice, sugar syrup and B-heavy molasses for the 2026-27 supply year.
Thailand seeks $200mn World Bank loan for clean energy
Thailand is seeking a $200mn loan from the World Bank to pay for solar power and energy-efficiency improvements in public buildings and industrial zones.
EU adopts proposal to postpone EU Methane Regulations by one year
One year postponement will now require first import obligations from January 1, 2028.
Turkey aims to double Black Sea gas output with first floating production platform
Turkey is poised to double its natural gas production from Sakarya Gas Field in the Black Sea to 20mn cubic metres (mcm) per day with the deployment of its first floating production platform.
Gas security trumps decarbonisation in Norway
Equinor's decision to prioritise gas production over electrification at Troll highlights growing tensions between Norway's energy security role and its climate ambitions.
France's EDF suspends Edison stake sale as Qatar LNG disruption clouds financial outlook
France's EDF has suspended plans to sell a minority stake in Italian energy company Edison, as prolonged disruption to Qatari LNG supplies makes it increasingly difficult to assess the utility's future earnings and valuation.
Norway’s DNO raises Symra recoverable oil resource estimate by up to 25%
Norway's DNO has increased its estimate of recoverable resources at the Symra oilfield in the North Sea by up to 25%, following positive results from a pilot well drilled as part of the field's development programme.
Poland’s Orlen resumes Saudi crude imports after supply disruptions
Poland's Orlen is expected to receive at least four Saudi crude oil cargoes in October, signalling a recovery in supplies following disruptions caused by drone attacks on Saudi Arabia's East-West Pipeline in September.
Protests disrupt Eni refinery operations and fuel supplies in southern Italy
Protests by workers at Italy's former Ilva steelworks disrupted fuel distribution from Eni's Taranto refinery, causing shortages across southern Italy and restricting aviation fuel supplies at regional airports.
Shell agrees proposed sale of French fuel retail business to DCC Energy
Shell has reached an agreement with Ireland's DCC Energy for the proposed sale of its French fuel retail and transport services business.
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