Latest Stories
Kazakh refinery to process Russian oil and send 70% of fuel output to Russia
Kazakhstan’s privately owned Kondensat refinery will begin processing Russian crude and plans to send up to 70% of the resulting petrol and diesel production to Russia.
Kazakhstan cuts 2026 oil production forecast after CPC disruptions
Kazakhstan has cut its 2026 oil production forecast to 96mn tonnes from an initial target of nearly 100mn tonnes in the wake of the repeated drone strikes that have disrupted the operation of the Caspian Pipeline Consortium (CPC) pipeline.
Philippine Raslag profit hits $3.5mn on capacity expansion
Philippine power developer Raslag Corp (ASLAG.PS) reported net profit of PHP219mn ($3.5mn) for the first half of 2026, up from PHP48.3mn a year earlier, as the company pushes to expand its generation capacity to 1,000MW by 2035.
Malaysian petroleum tanker operator Orkim Berhad posts 1H26 net profit growth of 6.8%
Orkim Berhad (KLSE:ORKIM) posted a net profit of MYR22.91mn ($5.7mn) for the second quarter ended June 30 (2QFY2026), backed by a stable fleet utilisation rate of 91%,
Colombia's Ecopetrol faces weaker reserves and tighter cash position at 75
Ecopetrol reaches its 75th anniversary with stronger second-quarter earnings but a tighter balance sheet and a smaller reserve base than in 2022, highlighting the challenges facing Colombia’s state-controlled oil company
Indonesia's 100 GWp solar programme targets $64.4mn investment
Laying out the financial and infrastructure parameters of Indonesia's renewable energy transition, the Ministry of Energy and Mineral Resources (ESDM) has detailed the capital requirements for its clean energy expansion
Indonesian President Prabowo mandates total ban on oil, LPG imports
Reinforcing Indonesia’s drive toward absolute national energy self-sufficiency, President Prabowo Subianto has mandated an immediate phase-out of foreign fuel imports
Myanmar SMR project could begin site work in 2027
Myanmar’s planned small modular reactor (SMR) project could move to site work next year, with Russia’s Rosatom preparing to begin initial engineering studies.
Thailand considers private investment in small nuclear reactors
Thailand could open the door to private investment in small modular reactors (SMRs) as it prepares its next Power Development Plan (PDP).
Korea and Vietnam seek deeper energy cooperation
South Korea and Vietnam are exploring closer energy ties as the Middle East conflict disrupts global oil supplies.
India clears Yancoal's full acquisition of Kestrel Coal Group
The Competition Commission of India (CCI) has approved Yancoal Australia Limited's (ASX:YAL) acquisition of 100% equity interest and warrants in Kestrel Coal Group Pty Ltd.
Sri Lanka plans battery storage, solar projects to strengthen power security
Sri Lanka is stepping up efforts to strengthen electricity supply as dry weather conditions raise concerns over potential pressure on the country’s power system.
Suzlon secures 250-MW wind order from Torrent Green Energy in India
Suzlon Energy (NSE: SUZLON) has secured a 250-MW wind power order from Torrent Green Energy, taking its cumulative partnership with the Torrent Group to more than 1.3 GW.
Colombia's Ecopetrol lifts fuel output as refineries process more crude
Ecopetrol increased refinery throughput and production of key fuels in the first half of 2026 as its Barrancabermeja and Cartagena facilities operated more steadily, strengthening domestic fuel supply
Mongolian coal output slips 4.6% m/m but soars 49% y/y
Mongolia's production of coal slipped 4.6% to 11.17mn tonnes in July from June's 11.71mn tonnes, but was up by a chunky 49% y/y, according to the country’s National Statistical Office (NSO).
Will Trump call persuade Turkey’s Erdogan to halt gas imports from Iran?
Ankara faces headache. Turkey was Iran's third largest trading partner last year. Analysts wonder whether Turkish president will risk upsetting US counterpart.
Gulf Keystone restarts Shaikan output after second shut-in
Gulf Keystone Petroleum (GKP), the largest independent producer in the Kurdistan Region of Iraq, has resumed Shaikan output after a second precautionary halt over regional security
Iranian petrol stations see normal traffic as price hike rumours fuel jitters
Petrol stations in the Iranian capital Tehran are operating without a rush by motorists to fill their tanks, despite rumours of higher fuel prices and amid tougher US sanctions.
Venezuela oil output hits 1.23mn barrels a day as investment expands
The country has signed almost 50 investment agreements covering more than 76 hydrocarbon production areas, according to Rodríguez. She said crude production continued even after the June earthquakes, which killed at least 6,509 people
North Macedonia power generation down 13.2% y/y in June
Montenegro cuts fuel excise duties through September 5
Kazakhstan, Kyrgyzstan still arguing over who triggered mass blackout that hit Central Asia
Kazakhstan and Kyrgyzstan are continuing to argue over who triggered the mass blackout that hit regions of all Central Asia’s countries except Turkmenistan on August 14.
Tanzania advances first small-scale LNG project
The agreement is a key step towards a final investment decision (FID), with commercial operations targeted for 2027.
South Africa’s Efora Energy faces liquidation application from Seodi Coal
South African oil and gas company Efora Energy (JSE: EEL) is opposing a liquidation application brought by privately held coal supplier Seodi Coal, adding to uncertainty around the company as it pursues a potential recapitalisation.
Follow us online