Latest Stories

Colombia rations gas as Spec terminal repair cuts supply ahead of El Niño

30 October 2026

Colombia’s Ministry of Mines and Energy declared scheduled natural gas rationing from October 27 after a fault in one of four regasification trains at the Spec LNG terminal in Cartagena, the only facility through which the country imports gas

Reliance's diesel exports hit 18-month high amid global supply crunch

30 October 2026

Reliance Industries (NSE: RELIANCE) exported an estimated 541,000 barrels per day (kbd) of diesel in October 2026, its strongest monthly volume in 18 months.

Sri Lanka explores nuclear power for future energy needs

30 October 2026

Sri Lanka is studying whether nuclear power could help meet its future electricity demand, with safety, security and international safeguards set as top priorities, Minister of Science and Technology Prof.

Kobe Steel, Kirloskar Pneumatic eye India compressor partnership

30 October 2026

Japan's Kobe Steel (TYO: 5406) has agreed to explore cooperation with Kirloskar Pneumatic Company Limited (NSE: KIRLPNU) in India's market for non-standard compressors.

Sri Lanka adds 3.5-MW biomass plant in Anuradhapura

30 October 2026

Prasakthi Energy has launched a 3.5-MW woody-biomass-fired power plant in Wilachchiya, Sri Lanka's Anuradhapura district.

World Bank flags risks to Pakistan's $727mn hydropower project

30 October 2026

The World Bank has graded progress on Pakistan's $727mn Khyber Pakhtunkhwa Hydropower and Renewable Energy Development Project as moderately unsatisfactory.

Ecuador adds 110 MW of thermal power ahead of dry season

30 October 2026

Ecuador plans to add 110 megawatts (MW) of rented thermal generation from November to strengthen electricity supplies as the country prepares for seasonal water shortages and potential El Niño-related disruption

Ecuador's Petroecuador adds 19,521 barrels a day from new wells

30 October 2026

Ecuador’s state oil company Petroecuador brought 10 new wells into production in October, adding a reported 19,521 barrels of crude a day as the country seeks to sustain output through further drilling and maintenance

Coal India Q2 profit forecast to jump 52%

30 October 2026

Coal India (NSE: COALINDIA) is forecast to post a 52% year-on-year jump in consolidated net profit to INR66.39bn ($700mn) for the July to September quarter.

Cuban envoy seeks restart of halted Mexican oil supplies

30 October 2026

Cuba is in talks with Mexico to restart fuel deliveries that stopped this year after Washington threatened sanctions, Cuban Ambassador to Mexico Eugenio Martínez Enríquez said.

Japan's Chubu Electric takes $2.4bn hit over Hamaoka nuclear scandal

30 October 2026

Chubu Electric Power (TYO: 9502) will take an extraordinary loss of about JPY380bn ($2.4bn) in the fiscal year ending in March 2027 because of a data scandal at its Hamaoka nuclear power station in Shizuoka Prefecture.

Shell starts third Silvertip phase at Perdido in US Gulf

29 October 2026

Shell has begun producing from the third phase of its Silvertip project in the US Gulf of Mexico, tying two new wells back to the Perdido spar it operates.

Africa's energy demand set to nearly double by 2060, AEC’s report says

29 October 2026

Africa will need substantial investment in electricity networks, fuel supplies and new generating capacity as energy consumption rises over the coming decades, with governments facing pressure to improve access while limiting emissions.

Ozona, Marubeni sanction carbon storage project in Texas

29 October 2026

US carbon storage developer Ozona CCS and Japanese trading house Marubeni (TSE: 8002) have taken a final investment decision (FID) on the Pawnee Carbon Sequestration Project in Bee County, Texas.

Morocco plans $921mn hydrocarbon exploration programme through 2031

29 October 2026

Morocco's National Office of Hydrocarbons and Mines (ONHYM) plans to invest MAD 9.21bn ($921mn) in hydrocarbon exploration between 2026 and 2031

Trump revives idea of Venezuela becoming 51st US state amid oil deal

29 October 2026

Donald Trump revived his proposal to make Venezuela the 51st US state, suggesting the South American country could eventually elect a governor instead of a president as Washington expands its access to Venezuelan oil

Howard Energy to buy Iron Horse Midstream from Sixth Street

29 October 2026

San Antonio-based Howard Energy Partners (HEP) has signed a definitive agreement to buy Oklahoma gas gatherer and processor Iron Horse Midstream from investment firm Sixth Street.

Trump showcases Venezuelan crude as he courts Texas voters

29 October 2026

With fuel prices threatening Republican prospects ahead of the November 3 legislative elections, Trump made stops in Corpus Christi and Lubbock to showcase the administration’s efforts to increase oil access and reduce production costs

Jordan's oil output falls 83.2% as petroleum imports rise

29 October 2026

Jordan's annual crude oil production fell by a reported 83.2% between 2021 and 2025, while petroleum consumption and import volumes increased, according to figures from the Ministry of Energy and Mineral Resources' 2025 annual report.

Venezuela’s Rodríguez criticises Russia’s exclusion from global gas trade

29 October 2026

Venezuelan interim President Delcy Rodríguez criticised efforts to restrict Russia’s role in international gas markets, arguing that excluding major producers raises costs for consumers and undermines cooperation across the energy industry

First NABEP Venezuelan oil shipment arrives in Texas for US refiners

29 October 2026

The first shipment of Venezuelan crude under an agreement between Washington and North American Blue Energy Partners (NABEP) reached Texas on October 27, with the US government set to sell the oil to refineries operated by ExxonMobil and Citgo

Ovintiv to acquire Logan Energy in Montney move

29 October 2026

Ovintiv has struck a deal to acquire all of the outstanding shares of Canada’s Logan Energy.

Bolivia opens door to private gas imports as output more than halves in a decade

29 October 2026

Bolivia has authorised public and private companies to import natural gas and liquefied natural gas, a policy reversal for a country that once supplied its neighbours and now needs foreign fuel to keep its industry and power plants running.