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Vietnam's Nghi Son refinery posts first profit since 2018
Vietnam's Nghi Son Refinery and Petrochemical (NSRP) earned after-tax profit of nearly VND14tn ($530mn) in the first eight months of 2026.
Doosan signs $625mn deal to build Vietnam's O Mon 3 plant
A consortium led by South Korea's Doosan Enerbility has signed a KRW840bn ($625.40mn) contract with state-owned Petrovietnam to build the 1,155-megawatt O Mon 3 power plant in the Mekong Delta city of Can Tho.
Actis launches fourth India renewables platform
Actis has launched Leo Energies, its fourth renewable energy platform in India, with plans to build more than 3 GW of onshore wind, solar and battery storage capacity
Coal India raises September supplies 12.5% y/y amid higher power demand
State-run Coal India (CIL) increased coal supplies by 12.5% year-on-year to 61.20mn tonnes (mt) in September, as thermal power plants stepped up coal consumption to meet higher electricity demand
Yemeni government launches offensive as Houthis hit Aramco site
Rashad al-Alimi, chairman of the Riyadh-based Presidential Leadership Council, said his forces would reclaim territory lost to the Iran-aligned movement over the past 12 years
Iran oil minister resigns as trustee scandal widens
Nine detained after Turkish coal mine collapse kills five workers
An order for the detention nine individuals was issued by a prosecutor following a mine collapse in the coal-mining town of Soma in Turkey’s Manisa province that killed five workers.
BOTAŞ seeks LNG carrier on 940-day charter
Turkey’s state pipeline operator BOTAŞ Petroleum Pipeline Co. has launched an open tender for the time charter of a single LNG carrier
Iraqi Oil Tanker company moves 2mn barrels beyond Strait of Hormuz in historic milestone
The state-owned Iraqi Oil Tanker Company (IOTC) has transported 2mn barrels of domestic crude oil aboard a chartered supertanker beyond the Strait of Hormuz, completing its first maritime transit of the strategic waterway in decades.
Tecnimont and CCC seal Safaniyah water injection deal
Italy’s Tecnimont and Consolidated Contractors Co. (CCC) have signed the construction contract for Saudi Aramco’s Safaniyah Water Injection Project
Iran's oil minister quits, replaced in shock announcement
Hamid Bovard, who runs the National Iranian Oil Company, is acting oil minister after Mohsen Paknejad resigned, leaving Iran's oil ministry in the hands of a veteran oilfield manager during the war with the US.
OQGN sets up $1bn sukuk programme
Oman's OQGN has established a $1bn sukuk issuance programme to secure flexible access to international debt markets
Qatari supply freeze pushes LNG spot prices to multi-year peak
Qatar’s prolonged absence from the global LNG market has driven spot prices to their highest levels since late 2022.
Iran war's Hormuz shock is biggest energy disruption on record, McKinsey says
The closure of the Strait of Hormuz is the largest energy supply disruption in modern history, but the world has coped better than feared thanks to shock absorbers built after the 1970s, the McKinsey Global Institute says in a report published on...
Iran starts work on new oil terminal at major southern port
Construction has begun on a new oil terminal at Shahid Rajaee Port in Iran’s southern city Bandar Abbas, Hormozgan province, after 9 hectares of land were handed over for the project.
Tajikistan starts taking Iranian oil as Russian fuel supply falters
Tajikistan has begun receiving Iranian oil and fuel as Russian supplies falter, putting Dushanbe in the path of US sanctions on Iran's petroleum trade.
Croatia seeks stronger role in Central European energy security, Plenkovic says
Croatia aims to strengthen its role in securing energy supplies for central Europe by expanding gas infrastructure around its liquefied natural gas terminal on the Adriatic island of Krk, Prime Minister Andrej Plenkovic said on...
Cuba air links strained by Jet A-1 shortage
Cuba’s international air links are under strain as a shortage of Jet A-1 fuel has forced several major carriers to suspend services, while international tourist arrivals fell 64.4% in the first eight months of 2026
CAF approves $1.25bn package for Colombia projects
Colombia gas group calls for Venezuela pipeline restart
Colombia’s natural gas association Naturgas called for the rapid repair and reopening of the pipeline linking Venezuela with Colombia, saying the idled route could help address a domestic gas shortfall affecting industry
South Africa delays $1bn private power grid tender to 2027
The delay sets back private investment in 1,164km of new power lines that the government says are needed to relieve grid constraints holding back renewable energy.
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