Latest Stories

Taiwanese industrial groups adopt oxyfuel tech as gas supplier courts hydrogen truck fleets

14 October 2026

The pressure to adopt such measures globally is growing, particularly in Taiwan now that the country has moved into a new stage of carbon pricing, pushing manufacturers to use energy more efficiently and bring down emissions.

Pakistan faces $1.29bn LNG import bill this winter

14 October 2026

Pakistan expects to spend about $1.29bn on liquefied natural gas (LNG) imports between November and February, buying 10 cargoes on the spot market at roughly twice the price of Qatari supply.

Cambodia's fuel import bill jumps 54% amid Middle East crisis

14 October 2026

Cambodia spent $2.82bn importing diesel, gasoline and combustion gas in the first nine months of 2026, up 53.8% from $1.84bn a year earlier.

Trump touts Venezuela oil gains as US deepens ties with Rodríguez

14 October 2026

US President Donald Trump said Washington has recouped the cost of its military intervention in Venezuela many times over, pointing to oil supplies and closer ties with the government led by interim President Delcy Rodríguez

Nabep deploys new rigs in Venezuela as it targets 1mn bpd

14 October 2026

North American Blue Energy Partners has started deploying 11 workover rigs in Venezuela, expanding its equipment fleet as the company seeks to increase crude production and revive operations in the country's main oil-producing regions

Venezuela oil output edges higher in September, according to OPEC

14 October 2026

Venezuela’s crude production rose in September, according to figures submitted to OPEC, as the country moves to expand oil-sector activity amid renewed energy ties with the United States

Cuba expands solar power as energy shortages persist

14 October 2026

Cuba is continuing to expand its solar power network as the government seeks to strengthen electricity supply amid persistent energy shortages, Energy and Mines Minister Vicente de la O said

Cuba opens oil and gas sector to new investment models

14 October 2026

Cuba has approved a new legal framework allowing foreign investors and domestic private businesses to participate in more areas of its oil and gas industry, as the government seeks to increase production and ease the island’s energy shortages

EU faces 14 bcm winter gas shortfall as storage remains at record low

13 October 2026

It could force a 7% reduction in consumption, according to the IEEFA.

Polish power group Tauron to invest over PLN300mn in modern heat source for Jaworzno

13 October 2026

Tauron Wytwarzanie, a subsidiary of Polish power group Tauron, has signed a contract to build a new heat source for Jaworzno. The investment, worth more than PLN300mn (€68.6mn), will thoroughly modernise the local heat production system.

Polish power group ZE PAK signs deal with SGE on implementing SMR project in Pątnów

13 October 2026

Polish power group ZE PAK has signed a shareholders’ agreement with Synthos Green Energy (SGE) on preparing and implementing a project to build and operate small modular reactors (SMRs) in Pątnów.

Poland’s energy ministry, PEJ and PGE sign cooperation accord on second nuclear power plant

13 October 2026

Poland’s Ministry of Energy, nuclear company Polskie Elektrownie Jądrowe (PEJ) and Polska Grupa Energetyczna (PGE) signed an agreement setting out the division of responsibilities in preparing the investment in Poland’s second nuclear plant.

Brazil sues Shell for $108mn over deadly floods

13 October 2026

Brazil’s Federal Public Prosecutor’s Office has filed a civil lawsuit seeking BRL541mn ($108mn) from Shell Brasil over the company’s alleged contribution to climate change and the devastating floods that hit Rio Grande do Sul in 2024.

Brazil cuts fuel taxes ahead of presidential run-off

13 October 2026

Brazil’s government has announced new fuel tax cuts and expanded subsidies to curb rising prices, less than three weeks before President Luiz Inácio Lula da Silva faces Senator Flávio Bolsonaro in the October 25 presidential run-off.

TGS and Galdor partner to identify overlooked Norwegian North Sea prospects using AI

13 October 2026

Norwegian energy data company TGS has signed a strategic agreement with newly established Galdor Exploration to use AI and advanced subsurface data to identify overlooked oil and gas exploration opportunities in the North Sea.

China's fuel exports set to fall in October despite resumption of shipments

13 October 2026

China's refined fuel exports are expected to decline in October despite Beijing lifting restrictions imposed during the National Day holidays, offering only limited relief to international markets struggling with shortages of diesel, gasoline and jet

Eni's Liverpool Bay CCS project in UK reaches halfway mark

13 October 2026

Italy's Eni has completed installation of what it describes as the world's first purpose-built offshore carbon capture and storage platform in Liverpool Bay.

Russia’s Lukoil plans offshore surveys for two Caspian oil and gas developments in 2027

13 October 2026

Russia's Lukoil plans to conduct offshore engineering surveys at two oil and gas fields in the Caspian Sea during 2027, advancing preparations for new production infrastructure in the Russian sector of the basin.

Damaged Aframax Rio oil tanker spotted near Novorossiysk amid pollution concerns

13 October 2026

The Liberian-flagged oil tanker Aframax Rio, damaged in a maritime drone attack off Russia's Black Sea coast last week, has been spotted near Novorossiysk amid growing concerns about possible oil pollution.

Russia partially lifts diesel export ban following Trump-Putin agreement

13 October 2026

Russia has partially lifted its ban on diesel exports, allowing an initial 500,000 tonnes of fuel to reach international markets following an agreement between Russian President Vladimir Putin and US President Donald Trump.

Moscow gas pipeline construction reaches 90% completion

13 October 2026

Construction of a new high-pressure gas pipeline in western Moscow is 90% complete, with the project expected to strengthen gas supply reliability and accommodate future demand.

Kazakhstan’s KazTransOil raises oil transport by 4% in Jan-Sept

13 October 2026

Kazakhstan's national oil pipeline operator KazTransOil increased crude transportation through its trunk pipeline network by 4% year on year to 34.392mn tonnes (approximately 923,000 barrels per day) in January–September 2026.

UK urges Interpol to reject Argentina’s arrest requests linked to Falklands oil project

13 October 2026

Britain has asked Interpol to reject Argentina’s requests to arrest individuals involved in the Sea Lion offshore oil project near the Falkland Islands (also known as Malvinas), warning that the cases could be politically motivated.

Carlyle withdraws from Russian oil firm Lukoil’s asset sale as US-backed bidders emerge

13 October 2026

US private equity firm Carlyle Group is no longer actively pursuing the acquisition of Russian oil producer Lukoil's international assets.

Ethiopia limits Dangote refinery’s $1.6bn IPO to qualified investors

13 October 2026

Ethiopia’s capital markets regulator has limited participation in Nigeria’s $1.6bn Dangote refinery IPO to qualified investors, barring sales to the general public.