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Italy dominates Azerbaijan's crude oil exports
SEFAS Group to acquire 100% of Shell's Indonesian retail fuel station network
Local lubricant distributor SEFAS Group has agreed to acquire full ownership of Shell (NYSE:SHEL)’s retail petrol station network.
Transboundary haze from Indonesia peatland fires reaches Malaysia, forcing school closures
South Korea's Posco signs lithium deal with Ronbay
South Korea’s Posco Holdings (005490.KS) signed a strategic memorandum of understanding with China’s Ronbay Technology (688005.SS) to supply battery-grade lithium and cooperate on spent-battery recycling, the company announced on August 19.
Thailand turns plastic waste into fuel oil
Thailand is using technology to turn plastic waste into fuel while creating new income opportunities for communities.
Qatar pledges support to Bangladesh to strengthen energy security
Qatar has pledged to provide Bangladesh with all possible support to safeguard its energy security amid the country’s current challenges.
Iberia extends Cuba flight suspension to June 2027 amid fuel shortages
Spanish carrier Iberia has extended the suspension of its flights to Cuba until June 30, 2027, as the island grapples with fuel shortages amid a US oil blockade
Polsat Plus Group Q2 results beat market consensus as multiplay strategy delivers
Poland's major media and energy group Cyfrowy Polsat reported on August 19 its Q2 2026 financial results that exceeded market consensus, which it attributed to the implementation of its multiplay strategy.
Colombian stock exchange BVC pitches Ecopetrol privatisation and stablecoin debate to De la Espriella government
Colombia's Erco Energía closes $129mn Series C to expand national solar portfolio
Colombian renewable energy company Erco Energía has closed a $129mn Series C funding round, with proceeds earmarked for developing and constructing energy projects across the country
Venezuela pitches US investors on oil and gas projects after legal overhaul
Venezuela is seeking to broaden its appeal to US energy companies beyond its traditional heavy-crude business, offering opportunities in lighter oil fields and natural-gas projects as Caracas seeks to attract capital under a revised legal framework
US targets Venezuela oil interests with sanctions on Sargeant-linked firm
The US has sanctioned a British Virgin Islands company linked to businessman Harry Sargeant III, adding pressure on corporate structures associated with Venezuela’s oil industry as Washington tightens its scrutiny of private-sector energy interests
Cisneros heirs accuse Venezuela of seizing oil rights for US company
The family of late Latin American businessman Oswaldo Cisneros has accused Venezuela’s government of improperly taking control of oil-drilling rights and preparing to hand them to a US producer
Venezuela growth accelerates as oil drives second-quarter expansion
Venezuela’s gross domestic product increased 7.14% from a year earlier in the three months through June, according to figures released by the Central Bank of Venezuela
Venezuela signs Hunt, SLB deals to develop eastern oil and gas fields
Venezuela signed an agreement with US-based Hunt Oil to develop two oil and gas fields in the eastern part of the country, as the government seeks to increase production from existing assets
US says half of Venezuela oil output now heads to American refineries
About half of Venezuela’s oil production is now being shipped to the US, US Energy under Secretary Kyle Haustveit said on August 18, underscoring a growing energy trade between the two countries
Mexico's Banco Multiva raises $300mn AT1 bond to back $14.7bn project pipeline
Mexican lender Banco Multiva has raised $300mn in international Additional Tier 1 capital to underpin a project financing pipeline exceeding MXN250bn spanning energy, infrastructure, government, real estate and agribusiness.
Philippine President says joint oil and gas exploration with Beijing in South China Sea is "distinct possibility"
Philippine President Ferdinand Marcos Jr. has said joint oil and gas exploration with China in the contested South China Sea is a "distinct possibility", with negotiations advancing as Manila seeks to strengthen domestic energy security.
Chinese LNG imports rebound in July amid eased Middle Eastern disruptions
China's LNG imports increased year on year in July as buying continued to recover from the sharp downturn earlier this year, although imports remained lower over the first seven months as a whole.
SLB scores deal to restore wells off Brunei
Global oilfield services contractor SLB has secured a contract from Brunei Shell Petroleum to help restore production from shut-in wells across several mature offshore fields in Brunei.
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