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Mongolia and GGGI sign agreement to expand green growth and climate cooperation
Mongolia and the Global Green Growth Institute (GGGI) signed an agreement on August 20 to expand cooperation on climate resilience, green investment and sustainable economic development, alongside the UN desertification...
Russia loses 15% of planned August oil exports as Novorossiysk stalls
Russia shipped 15% less crude from its western ports in the first half of August than it had planned, as drone-damaged Novorossiysk fell weeks behind on loadings.
Russian motor oil prices jump 40% as refinery outages bite
Some motor oils in Russia now cost 40% more than they did three months ago, as a shortage of imported additives and refinery outages squeeze the lubricants market.
Targa announces new Permian-focused midstream agreements with ExxonMobil, infrastructure investments
Targa Resources has executed new long-term, integrated midstream agreements with subsidiaries of ExxonMobil and has announced a set of new midstream infrastructure investments.
Atera Energy commits $350mn to Mexico as nearshoring fuels distributed generation push
Atera Energy, the energy efficiency and self-generation venture launched in 2025 by Colombia's Celsia and Brookfield, has begun operations in Mexico with a minimum investment of $350mn earmarked through 2030.
Fuel demand slumps across Mexico's border states as US refinery closures loom
Retail fuel demand across four northwestern Mexican states fell sharply in June, with combined gasoline and diesel sales dropping 13% year-on-year to around 137,500 b/d from 158,500 b/d.
Colombian solar association proposes nine-point regulatory agenda for distributed generation
The Colombian Solar Energy Association (ACOSOL) has presented Abelardo de la Espriella with a nine-point regulatory agenda aimed at accelerating self-generation and distributed generation
Bolivia scraps diesel subsidy for bulk buyers, prices jump 84%
Diesel prices for large consumers in Bolivia rose by almost 84% from this week, after a supreme decree ended remaining subsidies for those buying more than 120 litres a month. The measure aims to align domestic fuel prices with international costs.
Diversified in talks to acquire Birch in Permian expansion
US producer Diversified Energy confirmed in a filing with the US Securities and Exchange Commission last week that it has held preliminary discussions on a potential acquisition of Birch Resources.
Solitude pipeline FID marks latest step in Permian gas pipeline expansion
WhiteWater and its partners have taken an FID on the Solitude pipeline system for transporting Permian gas as another wave of midstream expansion plays out in the basin.
Latin America and Caribbean power output rises 4.1% in May as hydro slides and solar inches up
Latin America and the Caribbean generated 176 TWh of electricity in May, up 4.1% on the year, OLACDE says, as falling hydropower was offset by gains in wind, gas and solar power.
Peru’s diesel subsidy tests the limits of fiscal intervention
Peru’s $31mn diesel subsidy may contain transport inflation, but its three-month deadline will test whether Lima can prevent emergency fuel support from becoming a recurring fiscal burden.
Saudi Arabia ships $150mn of fuel to Yemen power stations in 2Q26
Saudi Arabia supplied $150mn of fuel to run Yemeni power stations in Q2 2026
Guyana’s Stabroek windfall enters a new phase
Guyana’s Stabroek oil revenues are entering a new phase as cost recovery falls and the government’s production entitlement rises to 39.8%. The shift could transform public finances while intensifying scrutiny of the country’s oil dependence.
Venezuela refining recovery gains pace as fuel output covers domestic demand
Venezuela’s battered refining industry is showing signs of recovery, with state oil company PDVSA saying its plants are now processing about 350,000 barrels of crude a day and supplying enough petrol to meet domestic consumption
Namibia warns of flight disruption amid jet fuel supply constraints
Namibia's main international airport is facing Jet A-1 fuel supply constraints, prompting warnings that flight schedules could be affected as authorities work with suppliers and airlines to maintain operations.
DNO sells Côte d’Ivoire oil and gas business to Panoro for $86.5mn
Norwegian oil and gas producer DNO ASA (OSE: DNO) has agreed to sell its Côte d’Ivoire business to Panoro Energy ASA (OSE: PEN) for total consideration of $86.5mn as it concentrates its portfolio around its expanded North Sea operations.
Hilli Episeyo cleared for Argentina LNG project after eight years offshore Cameroon
Golar LNG's Hilli Episeyo floating liquefied natural gas (FLNG) unit has completed its disconnection from the Kribi field offshore Cameroon after eight years of operations, clearing the vessel to move towards its next assignment.
US investors deepen their push into Argentina's Vaca Muerta oil and gas field
US companies, investment funds and billionaires are increasing their exposure to Argentina's Vaca Muerta shale formation, with Peter Thiel's Thiel Macro acquiring $75.9mn in shares of Vista.
South African utility Eskom rules out fines solely for missing rooftop solar registration deadline
South African state-owned utility Eskom has said it will not fine or disconnect customers solely because they fail to register their rooftop solar systems by a September 30 deadline.
Africa-focused Panoro Energy declares $4.9mn cash distribution with production at record high
Panoro Energy (OSE: PEN) has declared a NOK50mn ($4.9mn) cash distribution to shareholders after reporting record production levels and continued expansion of its African oil and gas portfolio.
South Korea’s Gaon Cable seals $143mn power deal
South Korean manufacturer Gaon Cable (000500.KS) signed a KRW200bn ($143.4mn) power distribution deal with a major US cloud operator to supply an artificial intelligence data centre in North America.
Istanbul-listed cement maker Cimsa to build Ireland’s largest rooftop solar plant at Mannok facility
The company has already commenced construction of the 6-MW project, which will cover approximately 38,800 square metres, equivalent to around 5.5 football pitches, and will comprise approximately 10,000 solar panels.
Nigeria gives Kaduna DisCo one year to improve performance
Nigeria has given the board of Kaduna Electricity Distribution Plc (KAEDC) 12 months to restore the utility to sustainable growth, with a focus on reducing losses, strengthening collections and narrowing its metering gap
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