Latest Stories
India's NTPC posts 14% rise in quarterly profit
Shares in NTPC (NSE: NTPC), India's state-owned power producer, rose almost 4% after it posted a 14.3% annual rise in standalone net profit for the July to September period.
Pakistan launches first biomass energy pilot plant in Sindh
A biomass energy demonstration facility, the first of its kind in Pakistan, has started operating in a reserved forest in Sindh province.
Thailand raises import tax on fully built EVs to 35%
Thailand will impose a 35% excise tax on electric vehicles (EVs) brought into the country fully built, after the Cabinet signed off on the increase.
Cambodia's Royal Group LNG plant to start by 2026
Cambodian conglomerate Royal Group plans to bring the first half of its 900MW liquefied natural gas power station in Koh Kong province online by the end of 2026.
Tesla recruits in Vietnam, signalling possible EV market entry
Tesla (TSLA) is recruiting staff in Vietnam for sales, after-sales service and charging infrastructure roles, a sign the US carmaker is preparing to start commercial operations in the country.
Djibouti starts operating Damerjog oil jetty as France’s Rubis explores petroleum logistics expansion
Djibouti says its Damerjog oil jetty has entered operation as French energy distributor Rubis (Euronext Paris: RUI) explores opportunities to expand petroleum storage and distribution through the country’s developing Red Sea logistics hub.
Brazil's Petrobras posts record oil and gas output
Petrobras (NYSE: PBR) produced a record 3.512mn barrels of oil equivalent per day (boed) in the third quarter of 2026, an 11.7% increase on the same period a year earlier.
Gabon fuel-price rises of more than 20% disputed by petroleum ministry source
Reports that Gabon increased petrol and diesel prices by more than 20% from November 1 have been challenged by a source in the petroleum minister's office
New chief of Iran’s gas giant puts output damaged plant repairs top of agenda
The new head of Iran’s Pars Oil and Gas Co. (POGC) has made sustaining maximum output from the South Pars gas field and accelerating repairs to facilities damaged in Israeli attacks his main priorities.
AFC and Green Climate Fund launch $690mn climate facility for Angola, Benin, Côte d’Ivoire and Nigeria
Africa Finance Corporation and the Green Climate Fund have launched a climate-financing facility valued by AFC at $690mn for Angola, Benin, Côte d’Ivoire and Nigeria, combining concessional loans, commercial financing and technical assistance.
Three more tankers hit in Hormuz as shipping tensions mount
Iran’s Revolutionary Guards said on November 3 that three more oil tankers had caught fire after striking sea mines while trying to cross the Strait of Hormuz, as tensions over control of the strategic waterway are running high.
Iran calls for private investment to diversify gas imports
Iran is seeking to bring onboard the private sector to import natural gas from neighbouring countries to diversify supplies and advance a planned deal to bring gas from Russia.
Brazil's Petrobras seeks biomethane suppliers ahead of 2027
Petrobras (B3: PETR4, NYSE: PBR) has opened a call for proposals to buy biomethane under contracts lasting up to 10 years, with supplies to begin in 2027.
Guinea, Senegal, The Gambia and Guinea-Bissau call for independent audit of stalled Sambangalou dam
Ministers from the Gambia River Basin Development Organisation (OMVG) member states have called for an independent external audit of the stalled 128MW Sambangalou hydropower dam in southeastern Senegal
Iraq discusses new power projects with Italy's Ansaldo Energia
Iraq's National Investment Commission (NIC) has discussed potential electricity infrastructure investments with Italian energy company Ansaldo Energia, including power generation projects and the use of associated gas from oil production.
Nigeria’s NNPCL considers 5%-10% float as Chinese investors explore refinery stakes
Nigeria’s state-owned oil company would likely begin any IPOby floating a 5%-10% stake, primarily on the domestic market, with London or New York under consideration for a secondary listing.
Greek energy group PPC to acquire Romania's second-largest electro-IT retailer Flanco for €35mn
PPC enters Romania’s electronics and home appliance retail market, extending its presence beyond energy supply and related services.
Turkey awards 785 MW of solar capacity in YEKA tender
Regulators provide €32.5/MWh price guarantee.
Mexico's Esentia eyes Manzanillo for new LNG export projects
Mexican pipeline operator Esentia has identified the port of Manzanillo, in Colima state, as a strategic site for new liquefied natural gas (LNG) export projects, as other Pacific coast schemes run into environmental and regulatory hurdles.
Slovenia's energy minister backs new Sava hydropower plants, urges progress on JEK 2
Slovenia's Minister of Infrastructure and Energy Jernej Vrtovec has called for the development of new hydropower plants (HPPs) on the middle Sava River and the completion of the Mokrice HPP project, while reaffirming the...
Uganda puts $2.3mn price on drafting electricity distribution master plan to map underserved areas
The study comes as Uganda’s distribution network expands while losses rise. The network reached 96,263km at the end of 2025, up 72% from 56,092km in 2021, with low-voltage lines making up about 60%
Lula's re-election keeps Brazil's oil policy on steady course
Brazilian President Luiz Inacio Lula da Silva's unexpected re-election is set to bring continuity to the country's oil and gas policy and to the plans of state-controlled Petrobras.
Ecuador signs framework deal with UAE's ADNOC to draw oil investment
Ecuador has signed a framework agreement with the government of the United Arab Emirates, state oil company Abu Dhabi National Oil Company (ADNOC) and international firms to attract investment into its hydrocarbons sector.
South African municipal debt to state utility Eskom reaches $7.4bn ahead of local elections
Households, businesses and other consumers owed municipalities a further $29.2bn, while the average collection rate on billed municipal revenue stood at just 63.9%.
Follow us online