Latest Stories
Philippine Alternergy sales hit $7.5mn on wind expansion
Philippine renewable energy developer Alternergy Holdings Corp (ALTER.PH) saw its revenue climb 31% year-on-year to PHP471.8mn ($7.5mn) in the financial year ending June 30, driven by output from its new Balsik solar plant and higher wind tariffs.
Global Atomic sets terms for $35.5mn Dasa uranium offering in Niger
Canadian uranium developer Global Atomic (TSX: GLO) has priced a CAD50mn underwritten public offering to help fund its Dasa uranium project in Niger as it works to meet an equity contribution required before it can draw on proposed DFC financing.
Portable BESS deployment brings solar power to remote Malaysian village
Around 100 residents of Kampung Sat, an indigenous Orang Asli village in Sungkai, Perak, have gained access to reliable electricity following the deployment of 10 portable battery energy storage systems (BESS)
China cuts foreign coal pipeline 67% in five years
China has cancelled 61.5 GW of planned overseas coal power capacity or 67% of its total pipeline since committing to stop building coal plants abroad in 2021
Lexus ES 500e set to enter Vietnam’s premium EV market
Poland's JSW posts tenth consecutive quarterly net loss in H1
Poland's troubled coal company Jastrzębska Spółka Węglowa (JSW) posted on September 23 its preliminary H1 2026 results, which saw its net loss extended for the tenth consecutive quarter, whilst EBITDA swung into positive territory.
India on track to add 7.5-8 GW of wind capacity in FY2026-27
India is expected to add 7.5-8 GW of wind power capacity in FY2026-27, maintaining the strong growth recorded in the previous fiscal year.
Brazil's Patria sells Colombia solar stake to Isagen
Patria Investments has agreed to sell its entire stake in Colombia’s 360 MWp Puerta de Oro solar park to Isagen, marking the first divestment by its Infrastructure Fund V after the project reached commercial operation
Afghanistan, Uzbekistan discuss Tuti Maidan gas block delays
Afghan and Uzbek officials have met in Tashkent to discuss technical and financial problems holding up implementation of the Tuti Maidan gas block contract.
Mongolia establishing PPP to build coal pyrolysis plant
Mongolia is to establish a public private partnership (PPP) that will build a coal pyrolysis plant that will draw on coal supplies from Baganuur open-pit mine, located 130 km (81 miles) from the capital city.
Perenco plans $110mn power upgrade in Brazil
Perenco plans to invest $110mn to connect its Campos Basin oil platforms to Brazil’s national electricity grid through Porto do Açu, replacing part of the gas-fired power generation currently used offshore.
Elektroprivreda BiH signs energy transition deal with New Mexico company
Bosnia's state-owned power utility Elektroprivreda Bosnia and Herzegovina (EPBiH) has signed a memorandum of understanding with New Mexico-based Universal Energetics Inc.
Lithuania’s Ignitis signs 10-year US LNG deal to cover 40% of local household gas demand
Serbia advances Đerdap 3 pumped-storage hydropower project
Serbia has signed a contract to prepare technical documentation for the planned Đerdap 3 pumped-storage hydropower plant, advancing a project expected to be the country's largest energy investment.
Serbia plans more than €14bn in energy investments through 2035
Serbia plans to invest more than €14bn in its energy sector between 2028 and 2035, including in new generation capacity, power grids, energy storage and balancing capacity.
Bulgaria lifts ban on petroleum product exports to EU
Bulgaria's parliament has voted to lift a temporary ban on exports and deliveries of petroleum products to the European Union, mainly diesel and aviation fuel, that has been in place since October 2025.
North Macedonia’s Štip wind farm reaches financial close for 131.25 MW first phase
Montenegro’s electricity production reaches 2.4 TWh in 2025
South Korea's energy crisis strategy response
South Korea plans to cut Middle Eastern crude dependence to 50% by 2035 after the Hormuz crisis exposed the risks of concentrated supply.
US EXIM offers $550mn for Guyana Gas-to-Energy phase two
The United States Export-Import Bank (US EXIM) may lend up to $550mn to finance the second phase of Guyana's Gas-to-Energy (GTE) project at Wales, West Bank Demerara.
Iran restores half of damaged South Pars gas capacity ahead of winter
Iran has revived around half of the gas production capacity damaged in Israeli airstrikes at its South Pars field by September 22, Deputy Oil Minister Ahmad Zeraatkar said.
Venezuela puts debt restructuring on hold to prioritise oil deals
Venezuela's interim government under President Delcy Rodríguez has reportedly decided to postpone the restructuring of its external public debt and the obligations of state oil company Petróleos de Venezuela (PDVSA).
Former Vitol trader gets four years for Ecuador and Mexico bribery scheme
Javier Aguilar, a former oil trader at Vitol, one of the world's largest energy trading firms, was sentenced on September 18 to four years in US prison over his 2024 conviction on corruption charges.
Mexico's Sheinbaum confronted energy officials over Pemex's fuel output slide
Mexican President Claudia Sheinbaum angrily confronted top energy and finance officials at a late-July meeting after second-quarter data showed Pemex's gasoline and diesel output falling even as the country leaned more heavily on costly imports.
Togo to launch tender for 120-MW dual-fuel power plant in Q4
Togo plans to launch formal procurement in Q4 2026 for a 120-MW dual-fuel thermal power plant in Lomé after early market engagement in September.
Follow us online