Latest Stories

Iran completes first stage of South Pars Phase 11 development

28 September 2026

Iran has completed the first stage of development of South Pars Phase 11 after its 12th well entered trial flow, with the new well expected to lift output from the phase by more than 9%.

Iran faces 400mn m3 daily gas deficit ahead of winter

28 September 2026

Iran is still facing a daily gas deficit of about 400mn cubic metres (mcm) ahead of winter, with around 115mn cubic metres of gas-processing capacity damaged in recent attacks on facilities in Asalouyeh in southern Iran yet to be restored.

Azerbaijan to cut state oil fund transfer to budget next year despite high energy prices

28 September 2026

Azerbaijan will reduce the transfer from the State Oil Fund (ARDNF) to the state budget next year compared with this year, despite energy prices remaining at record and still elevated levels, economy minister Mikayil Jabbarov says.

Iran to more than double associated gas recovery capacity by 2027

28 September 2026

Iran plans to more than double its capacity to capture associated petroleum gas (APG) to 36mn cubic metres a day by March 2027, from about 15 mcm now, the chief of the National Iranian Oil Co. (NIOC) said.

Shell, Petronas to resume LNG exports from Egypt's Idku plant in October

28 September 2026

Energy majors Shell and Petronas have reached an agreement with the Egyptian Ministry of Petroleum and Mineral Resources to resume liquefied natural gas (LNG) export cargoes from the Egyptian LNG (ELNG) facility at Idku starting in October

Navitas takes operatorship of South Africa’s Block 1 CBK after Eco farm-down

28 September 2026

Navitas Petroleum has taken operatorship of Block 1 CBK offshore South Africa after completing the acquisition of a 37.5 percentage-point working interest from Eco (Atlantic) Oil & Gas.

Bangladesh container depots hike fees after diesel price rise

28 September 2026

Private inland container depots in Bangladesh have imposed surcharges of up to 9.85% on six fuel-dependent services after the government raised the diesel price by BDT20 ($0.16) a litre.

Kazakhstan advances plan to power crypto mining with associated petroleum gas. reduce flaring

28 September 2026

Kazakhstan is developing a project that would allow cryptocurrency miners to generate electricity from associated petroleum gas at oil fields, potentially providing miners with an alternative power source while reducing gas flaring.

Russian gas supplies to Armenia resume after 10-day pause

28 September 2026

Natural gas supplies to Armenia resumed on September 25 via the North Caucasus-Transcaucasia main pipeline, Gazprom Armenia said, says a report.

Zambia's 100-MW Maamba solar plant begins commissioning and injects first power

28 September 2026

Zambia's 100-megawatt alternating-current Maamba solar plant has entered commissioning after injecting electricity into the national grid for the first time on September 24, ZCCM Investments Holdings (LuSE:ZCCM-IH) said.

South Sudan–Uganda power link enters procurement phase following technical launch

28 September 2026

Uganda held the technical launch of its section of the South Sudan–Uganda Power Interconnection Project on September 25, moving the scheme into procurement and other implementation work after its African Development Fund financing became effective.

India’s Juniper Green subsidiaries receive ICRA rating upgrades

28 September 2026

Juniper Green Energy Ltd (NSE:JNPR) said India’s ICRA has upgraded credit ratings on debt facilities held by five of its subsidiaries, improving their assessed credit profiles as the renewable power group expands its project portfolio.

ACEN wins Philippine approval for La Union power deal

28 September 2026

Ayala-led ACEN Corp (PSE: ACEN) has won approval from the Philippines' Energy Regulatory Commission (ERC) for a 10-year power supply agreement (PSA) with La Union Electric Company Inc (Lueco).

South Korea's HD Hyundai Samho builds first three-tank LNG carrier

28 September 2026

HD Hyundai Samho (KRX: 267250) is building South Korea's first large liquefied natural gas (LNG) carrier with only three cargo tanks, a design intended to cut construction costs and widen the country's technological lead over Chinese rivals.

Gas-tastrophe! Global energy chiefs drill for more while their own seeps away

28 September 2026

The global gas industry is spending billions of dollars drilling new fields, constructing LNG terminals and securing supply routes while allowing huge quantities of the commodity it already produces to leak, vent or burn into the atmosphere.

Philippines faces 6,500 extra deaths from super el nino

28 September 2026

The Philippines could record an estimated 6,500 additional heat-related deaths as a result of the ongoing Super El Niño.

India’s KPI Green Energy expands renewable portfolio with new subsidiary

28 September 2026

The new entity will pursue activities spanning electricity generation, storage, transmission, distribution, purchase and sale across conventional and renewable sources.

Cambodian logistics firm shifts to EVs to lower costs

28 September 2026

Vireak Buntham, a Cambodian logistics company is turning to electric vehicles and digital fleet management to reduce transport costs and improve efficiency

Chinese EVs gain ground in Myanmar

28 September 2026

Chinese electric vehicles are gaining popularity in Myanmar, driven by competitive prices, smart technology and growing local partnerships.

Vietnam’s BSR expands crude supply options with ExxonMobil

28 September 2026

Vietnam’s BSR has signed a framework agreement with ExxonMobil Asia Pacific to explore crude oil supplies for the Dung Quat Refinery.

Venezuela solidifies rank as second-largest foreign crude supplier to US

28 September 2026

Early data from the Energy Information Administration reveals that this volume marks a 228% expansion over figures from the corresponding span in 2025.

Indonesia to simplify solar tenders for 100 GW push

28 September 2026

Indonesia will simplify tender procedures for solar power developers that meet technical and competitiveness criteria, as it pushes to add 100 gigawatt peak (GWp) of solar capacity within three years.

Pakistan blocks airspace, delaying Bangladesh's Rooppur uranium delivery

28 September 2026

Delivery of nuclear fuel for the second unit of Bangladesh's Rooppur nuclear power plant has been held up after Pakistan declined to grant airspace clearance to the cargo flight carrying the uranium.

India builds first port-based e-methanol plant at Kandla

28 September 2026

India has begun work on its first port-based e-methanol production facility at Kandla in Gujarat, a INR23bn ($260mn) project aimed at supplying green fuel to ships on the Asia-Europe trade route.