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Iran says Russia agrees new oil and gas investment

29 October 2026

Russia has agreed to make more investment in Iran’s oil and gas sector, acting Oil Minister Hamid Bovard said, without giving details of the scale or timing of any new funding.

Nigeria’s Dangote refinery $1.6bn IPO attracts $4.78bn in orders, sources say

29 October 2026

More than 2mn investors subscribed through digital channels, a source said, while the order book did not yet include applications from other African countries

Nigeria anti-graft agency arrests 15 in Ogun lithium processing probe

29 October 2026

Nigeria's Economic and Financial Crimes Commission (EFCC) said it had arrested 14 Chinese nationals and one Nigerian at four facilities in Ogun State that the agency alleges were being used for illegal lithium processing.

Turkey to start using Akkuyu nuclear power in 2027, minister says

29 October 2026

Turkey aims to load the first nuclear fuel at the Akkuyu nuclear power plant within weeks.

Jindal Stainless raises stake in India solar venture

29 October 2026

Jindal Stainless (NSE: JSL) (BSE: 532508) has bought a further stake of roughly 7% in a special purpose vehicle building a 40 MW solar plant to supply its factories

Greenpeace Brazil hails Lula re-election, criticises Big Tech bias

29 October 2026

Brazilian President Luiz Inácio Lula da Silva has won re-election after recovering from a second-place finish in the first round to defeat far-right Senator Flávio Bolsonaro.

Indonesia's gas export cut to Singapore risks retaliation

29 October 2026

Indonesia's move to reduce pipeline gas exports to Singapore and keep more supply at home could provoke Singaporean retaliation in investment and trade.

Brazil extends diesel subsidy for a month after election

29 October 2026

Brazil's government has extended its diesel subsidy by 30 days to shield the domestic fuel market from the effects of the conflict in the Middle East.

OEG secures seven-year offshore chemical tank deal in Brazil

29 October 2026

OEG will provide 50 offshore chemical tanks to a large speciality chemicals producer in Brazil under a seven-year contract.

Indonesia tenders 60% of new oil, gas blocks

29 October 2026

Indonesia has put 60% of 118 new oil and gas blocks out to tender, Energy and Mineral Resources Minister Bahlil Lahadalia said.

Philippines power outages trigger red alert in Visayas grid

29 October 2026

Following a series of failures at power plants that pushed supply below projected demand, grid operator National Grid Corporation of the Philippines, or NGCP, raised red and yellow alerts on the Visayas grid.

Colombia rations gas as Cartagena LNG terminal faces repairs

29 October 2026

Colombia has introduced programmed natural gas rationing from October 27 after a technical problem at the SPEC LNG import terminal in Cartagena reduced available regasification capacity, with repairs expected to take seven to eight days

South Korea's KHNP halts Czech nuclear plant talks

29 October 2026

Korea Hydro & Nuclear Power (KHNP) has walked away from contract talks with a consortium of Daewoo Engineering & Construction (KRX: 047040) and Doosan Enerbility (KRX: 034020) over building the Dukovany nuclear power plant.

South Korea raises diesel export cap from November

29 October 2026

South Korea will let refiners export more diesel from November, raising the ceiling to 110% of year-earlier volumes provided the home market stays well supplied.

Villa Vie Odyssey cruise ship strands passengers in Cambodia

28 October 2026

The US operator of the Villa Vie Odyssey has halted the ship's years-long round-the-world voyage over surging fuel costs, leaving roughly 200 passengers stranded in Cambodia

Japan lends Cambodia $200mn to secure energy supply

28 October 2026

Cambodia and Japan put their signatures to the Exchange of Notes, clearing the way for a $200mn Japanese loan meant to shore up Cambodia's economy and guarantee its energy supplies

UK extends licence for Lukoil's Bulgarian subsidiaries

28 October 2026

Britain has extended until February 26, 2027, a licence allowing four Bulgarian subsidiaries of Russian oil company Lukoil to continue business operations.

QatarEnergy extends LNG supply suspension to Pakistan and Bangladesh until year-end

28 October 2026

QatarEnergy has extended force majeure on LNG deliveries to customers in Pakistan and Bangladesh until the end of December.

Inpex completes Abadi LNG engineering early as Indonesia pushes for FID

28 October 2026

Japan's Inpex has completed front-end engineering design (FEED) for its $21bn Abadi LNG development in eastern Indonesia three months ahead of schedule.