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Moldova declares 30-day state of alert amid fuel shortages
The government also introduced a separate hydrological alert because of critically low water levels in the Dniester basin.
Australia plans new oil refinery for first time in over 60 years amid fuel supply crunch
Australia’s federal and Western Australian governments will fund an early-stage study into constructing the country’s first new large oil refinery in more than 60 years.
Russia's Gazprom posts $890mn RAS loss in Q2 on oil subsidiary revaluation
The state gas exporter, once Moscow’s prized cash cow, has been struggling since losing the majority of its gas market share in Europe in 2022 and 2023.
Iraq, Turkey activate water framework agreement, linking Tigris-Euphrates cooperation to oil revenues
Italy's Edison reports extended force majeure on Qatari LNG shipments
QatarEnergy has extended force majeure on LNG supplies to Italy’s Edison through the end of September, adding three cargoes to the volumes it is unable to deliver because of the continuing disruption to Qatari exports.
Cyprus' offshore gas wealth finally reaches an FID
Eni’s sanction of the Cronos gas project ends Cyprus’ 15-year wait for an offshore development and puts first exports on track for 2028.
Laos eyes EV charging network at state fuel stations
Laos is considering converting state-owned fuel stations into fast-charging hubs for electric vehicles (EVs) to expand its charging infrastructure and reduce dependence on imported fuel.
Vietnam sets 2026 gas power price cap at $0.12/kWh
Vietnam has set the maximum electricity generation price for natural gas-fired power plants at VND3,410.64 ($0.12) per kilowatt-hour (kWh) for 2026
Kyrgyzstan to send crude to Uzbekistan for refining as fuel crisis diversification accelerates
Kyrgyzstan will supply raw petroleum products to Uzbekistan for refining and receive finished fuel back in return, under a bilateral agreement finalised between the two countries' heads of government and energy ministers.
Kyrgyzstan in talks with Russia over fuel supplies as drone strikes cut output
Kyrgyzstan is reportedly in talks with Russia over fuel supplies as Ukrainian drone strikes on Russian oil refineries curtail Moscow's ability to deliver petroleum products to the Central Asian country, causing local shortages.
Iran rolls out nationwide energy-saving drive to ease gas shortfall
Iran is running a major nationwide energy-saving programme involving private-sector efficiency firms to partially alleviate its chronic gas shortfall, Deputy Oil Minister Saeed Tavakkoli said.
Oman steps up regional diplomacy to safeguard Strait of Hormuz security
Oman held a series of high-level consultations with regional foreign ministers as diplomatic talks intensify to preserve regional stability and safeguard maritime trade through the Strait of Hormuz.
Argentina and Neuquén province reach new oil and gas output record
Neuquén province achieved record hydrocarbon output in June, producing 648,114 barrels of oil per day and 118.64mn cubic metres of gas daily, the provincial government publicly announced.
Guyana seizes competitive advantage through its light crude oil
Guyana's crude has long attracted refiners for its light, sweet chemical composition, however its environmental qualities are emerging as a selling point.
Serbia's NIS seeks fresh US sanctions waiver beyond July 31
Serbia's sole oil refiner NIS said on July 27 it had applied to the US Treasury's Office of Foreign Assets Control (OFAC) for a new special licence allowing it to continue operating after its current sanctions waiver expires on July 31.
Serbia to gain new gas supply route via Greece-backed corridor
Serbia is expected to join the Vertical Gas Corridor, a regional gas network aimed at diversifying supply routes across Southeast and Central Europe, after agreements are signed in September.
Australian firm Deep Yellow advances Namibia uranium project ahead of investment decision
Deep Yellow has moved closer to a final investment decision (FID) on its flagship Tumas uranium project in Namibia after advancing engineering works and awarding key construction contracts, it said in its quarterly report.
Qatar extends LNG force majeure to Europe
QatarEnergy has extended force majeure on LNG shipments to European customers until the end of September, deepening a supply disruption that has persisted since the start of the Iran war.
IDB approves $204mn to link Bolivia's northern Amazon grid with Brazil
The Inter-American Development Bank (IDB) has approved a $204.2mn financing package to strengthen electricity infrastructure in Bolivia's northern Amazon region.
Iraq's crude exports surpass 32mn barrels in May-June period
Iraq exported more than 32mn barrels of crude oil during May and June, generating more than $2.3bn in revenue, oil exports continue to provide the vast majority of Iraq's government income.
Iraq faces worsening fuel shortage as diesel queues grow in Baghdad
Iraq's oil ministry is preparing to import diesel as queues lengthen at Baghdad filling stations, eight months after the prime minister ordered fuel imports halted on the grounds that the country had reached self-sufficiency.
Argent LNG granted export authorisation for Louisiana project
The US Department of Energy has granted an export permit to free-trade countries to Argent LNG for its proposed Louisiana project.
Hydropower boom saves Turkey $5bn in energy imports, says industry group
Turkey’s hydropower sector has posted its strongest performance on record this year, significantly reducing the country’s reliance on imported energy sources.
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