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Philippines seeks $100mn ADB loan for solar irrigation
The Philippines is seeking a $100mn loan from the Asian Development Bank (ADB) to build solar-powered irrigation systems across the country, according to bank documents.
Papua LNG on track for FID by end of year
Papua New Guinea’s Papua LNG project is on schedule for a final investment decision to be taken before the end of 2026.
South Korea’s Hanwha Aerospace expands US LNG operations
South Korean defence group Hanwha Aerospace Co. (012450.KS) will establish a US subsidiary to manage its liquefied natural gas (LNG) operations as it builds out its global energy supply chain, the company announced on August 25.
Gladstone LNG partners acquire Australia’s Meridian Coal Seam Gas project
Gladstone LNG joint venture partners have agreed to acquire the Greater Meridian Coal Seam Gas project from from Westside Corporation and Mitsui E&P Australia.
China’s clean-energy boom runs into the limits of its power grid
China rejected an estimated 360 terawatt-hours of clean power in the six months through June, enough to supply Mexico for a year.
Talabira II & III coal mine strengthens India’s energy security with record production
India’s efforts to strengthen domestic coal production and energy security are being reinforced through coal mines allocated and auctioned under the Nominated Authority framework, the government said.
Energy crisis threatens Bangladesh's investment growth momentum
A sharp rise in imports in June signalled a possible recovery in private investment in Bangladesh, but worsening gas and electricity shortages threaten to derail the momentum and deepen the country’s economic troubles.
Poland’s Tauron H1 EBITDA falls 12% y/y
Polish power group Tauron Polska Energia published on August 24 its estimated H1 2026 financial results, which were lower y/y due primarily to factors outside its control, the blue-chip firm said, whilst also reporting a step-up in investments.
Laos pushes new electricity law for energy transition
Laos is preparing to overhaul its electricity law as it seeks a cleaner, more modern and diversified energy system.
Thailand’s GULF secures $262mn financing for wind farms
GULF has secured more than $262mn in long-term financing to develop three wind farms in Thailand, strengthening its renewable energy portfolio.
Myanmar’s Sittway deploys diesel generators for power
Diesel generators are being deployed in Sittway to help restore electricity to urban neighbourhoods as quickly as possible.
Chinese-backed 200-MW solar plant to power Cambodia
A Chinese-backed 200-MW solar project in Stung Treng is expected to start supplying Cambodia’s national grid in 2027.
Venezuelan billionaire under investigation emerges in energy revival push
Alejandro Betancourt, the Venezuelan billionaire with two UK properties worth a combined $79.mn, is emerging as a prominent intermediary as Caracas seeks to revive its energy industry and attract foreign investment
Venezuela’s oil export recovery runs into port capacity constraints
Venezuela’s effort to raise oil exports is facing a logistical hurdle: its ageing maritime infrastructure is struggling to keep pace with renewed production and international demand
Venezuela oil industry opens to foreign capital as recovery hinges on investment
Venezuela’s oil industry is attracting renewed interest from international companies as regulatory changes and eased US restrictions create more room for foreign investment, though major infrastructure and policy hurdles remain
Venezuela economy seen growing more than 10% in 2027 on oil investment
Venezuela’s economy could expand at a double-digit pace in 2027 as renewed investment drives a recovery in oil production, according to Alejandro Grisanti, director at consulting firm Ecoanalítica
Russians driving to Kazakhstan to fill up, fuel shortages felt across Central Asia following Ukrainian drone campaign against refineries, says report
With Russian oil refineries and fuel depots put out of action by Ukrainian drone strikes, many Russians are driving hundreds of kilometres to oil-rich neighbouring country Kazakhstan just to fill up their vehicle’s fuel tank, according to a report.
Cuba advances battery storage system in Holguín ahead of grid trials
Cuba's Cueto Battery Energy Storage System, in the eastern province of Holguín, will begin load testing in the coming days ahead of entering service
Uzbekistan, Kazakhstan outline roadmap for nuclear safety cooperation
Uzbekistan and Kazakhstan have outlined next steps for cooperation on nuclear, radiation and environmental safety, including a roadmap to guide future engagement, according to the Atomic Energy Agency (Uzatom).
TotalEnergies profits from discounted Hormuz crude
TotalEnergies is still shipping crude through the Strait of Hormuz at a profit, its chief executive said on August 24, with producer discounts outweighing higher freight costs
Tecpetrol, GyP secure RIGI incentives for $6.4bn Vaca Muerta oil project
Argentine oil producer Tecpetrol and provincial energy company Gas y Petróleo del Neuquén (GyP) have secured approval for their $6.4bn Los Toldos II Este project in the Vaca Muerta shale formation to join Argentina’s RIGI program.
Iran's NISOC installs first locally made bridge plug at Marun oilfield
The National Iranian South Oil Co. (NISOC) has installed the first locally made 7-inch metal bridge plug in a well at the Marun oilfield in the southwest, a move aimed at reducing reliance on foreign equipment.
Skywell EVs catch fire across Turkey, Chinese engineers arrive to investigate
Rash of incidents has also sparked fierce public debate over post-sale support.
Novak says Russia is strengthening protection of oil refineries amid Ukrainian strikes
Russia is continuing to strengthen protection around its oil refineries and other energy infrastructure following repeated Ukrainian drone attacks, Deputy Prime Minister Alexander Novak has said.
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