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Sumitomo takes 49% stake in India hybrid renewable project

Japanese trading house Sumitomo Corporation (TYO: 8053) has invested in a hybrid renewable energy park in India that combines 500MW of solar PV and wind capacity with a 200MWh battery energy storage system.

Colombia's frozen diesel prices widen fiscal gap as global costs surge 67%

Colombia's decision to keep diesel prices frozen even as international benchmarks surged 67% this year is widening losses at the state Fuel Price Stabilisation Fund (FEPC), think-tank ANIF warned in a report

Pakistan's solar revolt strands China's Belt and Road coal plants

Pakistan has bought its way out of Chinese coal with Chinese solar panels, and Beijing is left holding the bill.

MidOcean secures more than $4bn to fund LNG growth strategy

MidOcean Energy has secured more than $4bn to help fund its LNG growth strategy.

Russia keeps Cuba flight resumption on agenda

US Coast Guard intercepts two Cuba-bound vessels carrying fuel

The US Coast Guard said it intercepted two vessels carrying fuel to Cuba, including one found with more than 200,000 gallons aboard, as the Trump administration intensifies enforcement against illicit fuel shipments to the island

Venezuela oil exports drop 9% in September as freight costs rise

Venezuela’s oil exports declined almost 9% in September as higher maritime freight costs pushed buyers to seek deeper discounts and contributed to delays in loading cargoes

OPEC+ holds November oil supply steady as Venezuela backs market stability

OPEC+ will keep crude production unchanged in November, extending the supply level set in September for a second straight month as the alliance continues to monitor global market conditions

India’s Solex Energy wins solar module order

Solex Energy Ltd (NSE:SOLEX) (BSE:544862) has secured a domestic order worth INR131.6mn ($1.36mn) to manufacture and supply solar modules, adding demand visibility for its photovoltaic manufacturing business.

IMF urges Sri Lanka to keep fuel prices market-linked

The International Monetary Fund has told Sri Lanka to let domestic fuel prices move with international prices and keep cost-recovery energy pricing as the war in the Middle East drags on.

Eni, Repsol weigh outside investment in Venezuela’s Perla gas field

Eni SpA (Milan: ENI) and Repsol SA (Madrid: REP) are weighing a sale of part of their interests in Venezuela’s Perla natural gas project as they seek additional capital to expand the offshore field

Rodríguez meets Baker Hughes CEO on Venezuela gas projects

The discussions brought together Baker Hughes executives with representatives of Venezuelan-rooted Lindsayca and Canadian energy company New Stratus Energy, both of which have experience in gas developments

Pakistan's rooftop solar capacity surges tenfold in three years

Pakistan's net-metered solar capacity rose to 6.3 gigawatts (GW) by the end of fiscal year 2025 from about 0.6 GW in 2022.

Brazil’s Eneva targets Venezuela gas with eye on power, liquids and mature fields

Brazilian energy producer Eneva SA (B3: ENEV3) is looking to turn Venezuela’s largely untapped natural gas resources into a range of commercial products

Venezuela oil exports to US surge 170% as Citgo returns

Venezuelan crude shipments to the US surged 170% in the first seven months of 2026, with Citgo Petroleum returning as a buyer after a seven-year absence and helping drive a sharp recovery in bilateral oil trade

Baker Hughes signs Venezuela deals to revive gas infrastructure

Baker Hughes (NASDAQ: BKR) agreed to partnerships aimed at rebuilding Venezuela’s natural-gas infrastructure and developing future oil and gas projects, expanding the energy technology company’s role across the country’s supply chain

Citaglobal unit wins Thailand waste-to-energy plant contract

Citaglobal ( CITAGLB) said its indirect subsidiary won an engineering and equipment supply contract worth about MYR29mn ($7.09mn) for a waste-to-energy project in Thailand.

Polish government's nuclear update confirms June schedule: first reactor commercial by 2036

The Polish government adopted an update to its nuclear power programme on September 30, confirming a revised construction schedule first revealed in June, under which the first nuclear power station is to kick off commercvially in 2036.

Venture Global announces new offtake deal amid push for commercial operations at Plaquemines

US LNG developer Venture Global has signed a 20-year sales and purchase agreement with ConocoPhillips covering 1mn tonnes per year of LNG.

Mexican judge temporarily bars construction of Amigo LNG

A federal judge in the Mexican state of Sonora has issued a ruling that temporarily bars the previously authorised construction of the proposed Amigo LNG terminal in Guaymas.

COP31 co-presidents Turkey and Australia two of world’s worst coal culprits, shows report

Countries connected by supply chain responsible for over 75mn tonnes of CO₂ emissions since signing of 2015 Paris Agreement, analysis shows.

Milei and Eni CEO discuss Argentina LNG project in Paris

Baghdad and Ankara race to rewrite Iraq’s export map

With the Strait of Hormuz effectively shuttered since February, Iraq and Turkey are stitching together tankers, pipelines and a $80bn energy corridor to escape the chokepoint

Kuwait crude output recovers to 2mn bpd

Kuwait has restored crude production to about 2mn bpd, roughly three-quarters of pre-war levels, as tanker traffic through the Strait of Hormuz recovers

Ankara pitches Development Road as $80bn energy corridor

Türkiye plans to turn the proposed Development Road from Iraq’s southern ports to Europe into a multi-fuel energy corridor worth $80bn annually