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Philippines' Pangilinan buys Meralco stake from San Miguel unit
San Miguel Global Power Holdings Corp. (SMGP) has sold 3,767,080 common shares in Manila Electric Co. (PSE: MER) to Manuel V. Pangilinan in his personal capacity for roughly PHP2.19bn ($38mn).
China cuts VAT export rebate for new energy vehicles
China will lower the value-added tax (VAT) export rebate on new energy vehicles (NEVs) to 9% from 13% from April 1, 2027.
Hoymiles rolls out home battery systems in Bangkok
Chinese solar equipment maker Hoymiles (688032.SS) said its HiOne all-in-one battery energy storage system has been installed at several homes in Bangkok, as Thai households look for power that lasts beyond daylight hours.
Grab spends $85,000 on fuel support for Cambodian drivers
Ride-hailing company Grab Holdings Limited (GRAB) will spend $85,000 of its own money on fuel support for drivers in Cambodia over the next two months instead of raising fares.
Taiwan’s anti-nuclear party moves to restart the reactors it shut
Taiwan’s Democratic Progressive Party took power a decade ago promising to close every reactor on the island. Its own government is now preparing to switch one back on.
Middle East crude recovers, products crisis deepens
Eight months into the Iran war, Gulf crude flows are approaching pre-war volumes but a depleted products and LNG system faces winter with no margin
Taipower seeks bigger role in Taiwan tech decisions
Tseng said electricity was becoming a critical link in the supply chains of Taiwan's semiconductor and technology sectors. He also warned that power demand from artificial intelligence applications could grow exponentially.
Tehran warns Washington off Iranian crude
Iran’s First Vice President Mohammad Reza Aref warned the United States against any attempt to seize Iranian oil, threatening a stronger response if Washington takes further action amid growing fears of renewed hostilities.
Venezuela’s PDVSA targets 1.3mn bpd by year-end
Venezuela’s state oil company PDVSA aims to raise crude production to 1.3mn barrels per day (bpd) by the end of 2026
Colombian billionaire turns Venezuelan oil contract into $515mn GeoPark stake
Colombian billionaire Jaime Gilinski is using a newly secured Venezuelan oil contract to strengthen his grip on GeoPark Ltd.
Georgia's fuel imports fall 4.7% as Russia retains largest market share
Georgia's gasoline and diesel imports fell by 4.7% year on year to 1mn tonnes in January–September 2026, although Russia remained the country's largest fuel supplier.
Tunisia and Algeria explore joint 1,400 MW power plant to address energy shortfall
Tunisia and Algeria are considering constructing a joint 1,400-megawatt (MW) combined-cycle power plant in Tunisia
Kazakhstan’s QazaqGaz, Kyrgyz subsidiary of Russia’s Gazprom sign gas cooperation deal
Kazakhstan's national gas company QazaqGaz and Gazprom Kyrgyzstan, a subsidiary of Russia's Gazprom have signed a memorandum of understanding aimed at strengthening technical cooperation and improving the reliability of gas infrastructure.
Slovakia seeks talks with EU on extending Russian gas imports beyond 2027
Slovakia plans to negotiate with the European Commission over extending imports of Russian natural gas beyond the European Union's 2027 phase-out deadline.
Canada's Gran Tierra shareholders approve $1.33bn sale of Colombia and Ecuador businesses
Gran Tierra Energy shareholders approved the sale of its Colombian and Ecuadorian operations to French oil company Maurel & Prom for about $1.33bn, including debt assumed and subject to adjustments
Russian energy equipment production reaches nearly RUB1 trillion
Russian production of equipment for the energy sector has reached almost RUB1 trillion ($12.3bn), Prime Minister Mikhail Mishustin announced on October 12, highlighting progress in the country's efforts to reduce dependence on imported technologies.
EU and UK grain forecasts cut by 16.7mn tonnes as drought hits maize
Forecasts for the EU and UK grain harvest were cut by 16.7mn tonnes between June and September as heat and drought wrecked the maize crop, the Energy & Climate Intelligence Unit said.
Syria executes first US-bank letter of credit in 14 years for oil imports
Syria has executed its first letter of credit through a major US financial institution in 14 years to facilitate imports of oil products
African Energy Chamber to launch African Energy 2027 Outlook Report at AEW 2026 in Cape Town
The African Energy Chamber (AEC) will launch its State of African Energy 2027 Outlook Report at African Energy Week (AEW) 2026 in Cape Town.
Iran to outsource operations at aviation fuel centres to private sector
The National Iranian Oil Refining and Distribution Co. (NIORDC) plans to delegate operations at aviation fuel stations nationwide to qualified private firms in three clusters to cut costs, improve efficiency and reduce its direct operational role.
Zimbabwe mining power demand set to surge 55% within a year to over 1,550MW
Zimbabwe's mining sector electricity demand is projected to rise more than 55% to over 1,550 megawatts (MW) within 12 months, while combined mining and manufacturing requirements could reach 4,000MW by 2030.
SLB commissions drilling fluids plant in Mozambique to support offshore gas industry
Global oilfield services company SLB (NYSE: SLB) has commissioned a drilling fluids plant in Pemba, northern Mozambique, with an initial storage capacity of 21,000 barrels, expanding infrastructure to support growing offshore natural gas operations.
Namibia, Germany sign $6.2mn technical cooperation deal for energy and critical minerals
Namibia and Germany have signed a $6.15mn technical cooperation agreement to expand access to sustainable energy services and develop critical mineral value chains, supporting the African country's energy transition and industrialisation plans.
Malawi signs grid connection deals for 125MW of planned thermal and solar power
Malawi's Electricity Supply Corporation (ESCOM) has signed two transmission connection agreements covering 125 megawatts (MW) of planned thermal and solar generation capacity.
Arkle Resources confirms uranium mineralisation across 3km of Namibian paleochannel
Arkle Resources (AIM: ARK) has confirmed near-surface uranium mineralisation in 12 drill holes spanning 2.9 kilometres of an ancient river channel at its Erongo project in Namibia.
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