Latest Stories

Russia becomes China's second biggest LNG supplier

22 September 2026

Russia became China’s second-largest LNG supplier in August as shipments surged, even as China’s overall LNG imports continued to fall.

Iran cuts South Pars offshore platform maintenance time to protect gas output

22 September 2026

Iran’s largest natural gas producer has reduced annual maintenance downtime at offshore platforms in the colossal South Pars gas field by carrying out valve repairs and calibration at sea, a company official said.

Iran says Israeli strike on Asalouyeh was among largest attacks on energy facilities

22 September 2026

An Israeli attack on Iran’s gas refineries in the southern port city of Asalouyeh in mid-March was “one of the largest attacks on gas facilities in the world in terms of lost capacity”, a senior National Iranian Gas Co. (NIGC) official said.

Chevron, TotalEnergies back Namibia oil-contract negotiation training

22 September 2026

Chevron (NYSE: CVX) and TotalEnergies (Paris: TTE, LSE: TTE, NYSE: TTE) have supported training to strengthen the Namibian government’s capacity to negotiate and administer international oil and gas agreements as offshore exploration intensifies.

Brazil’s Petrobras eyes diesel self-sufficiency, new frontiers in Colombia, Amazon and Ivory Coast

22 September 2026

Brazil's Petrobras is pursuing self-sufficiency in diesel production and plans to announce significant new gas discoveries in Colombia.

Chevron bets on new seismic data to evaluate Brazil’s Amazon River estuary blocks

22 September 2026

SLB and Shearwater GeoServices will begin a multi-client 3D seismic survey in ultra-deep waters off the Brazilian state of Amapá, in the Amazon River Mouth Basin, to assess the potential for oil and gas discoveries, US oil major Chevron said.

Indonesia faces US tariff exposure following 770,000-barrel Russian ESPO crude import

22 September 2026

Facing international trade exposure and secondary tariff risks, Indonesia has come under scrutiny from US regulators following the import of approximately 770,000 barrels of Russian crude oil valued at $75mn

ACEN drops 486MW Philippine solar over land bottlenecks

22 September 2026

Two units of ACEN Corporation (PSE: ACEN) have cancelled solar concessions totalling 486MW in the Philippines after encountering severe land acquisition and site access bottlenecks.

Bangladesh fuel price hike to increase inflationary pressure across economy

22 September 2026

Bangladesh’s latest fuel price increase is expected to raise transportation, agricultural and industrial costs, adding to inflationary pressures and placing a heavier burden on low- and lower-middle-income households.

Hungarian PM reacts angrily to MOL-Naftogaz agreement on building Ukrainian fuel storage near border

22 September 2026

MOL said preparations for potential hydrocarbon storage cooperation with Naftogaz could take years, after PM Peter Magyar made clear that the project would not proceed under his leadership.

China opens HL3 nuclear reactor to global partners

22 September 2026

China aims to commercialise nuclear fusion energy by 2050 and is opening its main experimental facilities to international partners to overcome critical engineering bottlenecks, state nuclear executives announced at an IAEA event in Vienna.

Nearly 40% of India’s coal plants face critically low stocks amid high power demand

22 September 2026

Nearly 40% of India’s coal-fired power plants were operating with critically low fuel inventories as of September 19, as elevated electricity demand and weather-related disruptions put pressure on coal supplies.

Asia’s hydrogen bubble has burst — and that may be a good thing

22 September 2026

Asia does not need hydrogen to replace every form of existing fossil fuel for the technology to become significant.

Czech cabinet reinstates cap on fuel prices

22 September 2026

The Czech government is set to reinstate the regulation of fuel prices effective from October 1, and is also to lower the consumption tax from CZK9.95 (€0.41) per litre to CZK8.011.

Argentina's TGN to invest $2.2bn in Vaca Muerta gas pipeline expansion

22 September 2026

Transportadora de Gas del Norte (TGN) plans to invest about $2.2bn in a new pipeline system to expand the evacuation and distribution of natural gas from Argentina’s Vaca Muerta shale formation

Report says Russia sharply hiked diesel exports to Mongolia, Central Asia in August

21 September 2026

Russia reportedly sharply hiked diesel exports to Mongolia and Central Asian countries in August, despite its ban on shipments to most foreign markets amid the Ukrainian military assault on its refineries.

Iran leans on South Pars as revenues defy blockade

21 September 2026

Confounding expectations of a post-war collapse, Tehran is squeezing more cash and more gas from its bruised hydrocarbons complex even as US warships tighten the noose

Guyana's oil lifts from Stabroek block to double in 2026

21 September 2026

Guyana is projected to receive 84 one-million-barrel oil lifts from the ExxonMobil-operated Stabroek Block this year, more than double the 40 anticipated when the 2026 budget was drawn up.

The world's continents are drying out, with rivers below normal across 36% of basins

21 September 2026

The water stored on the world's land is steadily draining away, and 2025 was one of the driest years for the world's rivers in three and a half decades.