Latest Stories

Kazakh refinery to process Russian oil and send 70% of fuel output to Russia

26 August 2026

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

26 August 2026

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

26 August 2026

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%

26 August 2026

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

26 August 2026

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

26 August 2026

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

26 August 2026

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

26 August 2026

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

26 August 2026

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

26 August 2026

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

26 August 2026

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

26 August 2026

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

26 August 2026

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

26 August 2026

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

26 August 2026

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?

25 August 2026

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

25 August 2026

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

25 August 2026

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

25 August 2026

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

Kazakhstan, Kyrgyzstan still arguing over who triggered mass blackout that hit Central Asia

25 August 2026

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

25 August 2026

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

25 August 2026

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.