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Hungary commissions Central Europe’s largest battery storage complex
Hungary is rapidly expanding grid-scale energy storage to support its fast-growing renewable energy sector.
Moldova faces diesel shortage as government seeks to stabilise supplies
Moldova is facing a diesel fuel shortage after supply disruptions left dozens of filling stations without fuel, prompting the government to announce emergency deliveries and convene a meeting on the country's energy situation.
Greece’s Dynagas gets EU exemption to transport Russian LNG
Brussels yields to Athens but caps LNG volume transported at 2025 levels.
Indonesian gas sub-holding company turns Aceh's Arun terminal into LNG re-export hub
Indonesia’s principal gas sub-holding subsidiary has secured the top global spot for liquefied natural gas (LNG) re-export operations
CGN debuts hydrogen ready power plant in South Korea
China General Nuclear Power Corp started commercial operations at its 557MW Daesan Phase II gas-fired power plant in South Korea.
Tanzania signs $77.61mn contract for second phase of 150MW Kishapu solar project
Tanzania signed a TZS204.7bn ($77.61mn) contract to build the second phase of the Kishapu Solar Power Project, adding 100MW of solar generation capacity to the national electricity grid as the country steps up investment in renewable energ
Kenya moves to turn Mission 300 energy targets into 12-month delivery plan
Kenya has begun implementing a roadmap to achieve universal electricity access by 2030 after government agencies, development partners and private sector representatives met to translate the country’s Mission 300 National Energy Compact
Adani wins $890mn Andhra Pradesh transmission project for green hydrogen hub
Adani Energy Solutions Ltd (NSE: ADANIENSOL) has secured an INR85bn ($890mn) interstate power transmission project in Andhra Pradesh that will supply electricity to upcoming green hydrogen and green ammonia projects.
India's thermal coal imports fall 27% in FY26 as domestic supply improves
India's thermal power plants reduced coal imports by 27.4% in fiscal year 2025-26 as higher domestic coal availability and government policy measures curbed reliance on overseas supplies.
Venezuela holds July 28 deadline for oil contract overhaul as talks accelerate
Venezuela is pressing foreign oil companies and other partners of state producer PDVSA to complete the restructuring of their contracts by July 28
PDVSA reclaims direct oil sales as refiners challenge global traders
The move puts the state oil producer at odds with traders including Vitol and Trafigura, which currently account for a large share of Venezuelan exports
Bangladesh’s damaged FSRU expected to restart within two weeks
Bangladesh expects its damaged Floating Storage and Regasification Unit (FSRU) to return to service within 10-15 days, offering relief from a nationwide gas shortage triggered by the suspension of liquefied natural gas (LNG) imports.
Batista brothers acquire Venezuelan oil stake as US-backed reopening draws investors
Brazilian billionaires Joesley and Wesley Batista are expanding their presence in Venezuela’s oil sector as US-backed efforts to reopen the country’s energy industry attract new private investment
Thai AirAsia suspends Bangkok Suvarnabhumi base until October
Thai AirAsia has temporarily shut down operations at its Bangkok Suvarnabhumi base, suspending flights from the airport as it responds to rising fuel costs and weaker passenger demand.
Poland channels PLN1.26bn to four power distributors to expand high-power EV charging network
ubsidiaries of four major Warsaw Stock Exchange-listed power companies signed agreements on July 27 totalling PLN1.26bn (€292mn) to upgrade electricity networks in support of public high-power charging stations.
Former PDVSA president questions US control of Venezuela oil revenue
Venezuela’s oil exports generated an estimated $14.3bn in the first half of 2026, but the destination and management of those proceeds remain unclear, according to former Petróleos de Venezuela President Rafael Ramírez
Japan’s Sharp takes full ownership of Vietnam solar business
Japan’s Sharp Energy Solutions has taken full control of its Vietnamese solar engineering business, strengthening its position in one of Southeast Asia’s fastest-growing renewable energy markets.
Myanmar restores hydropower plant after Typhoon Yagi damage
Myanmar has completed repairs to the Upper Paunglaung Hydropower Plant following damage worth more than MMK20bn ($9.5mn) caused by Typhoon Yagi, restoring the facility to full operations.
Thailand lowers vehicle production forecast as Chinese EVs pressure industry
Thailand has cut its 2026 vehicle production target after growing competition from Chinese electric vehicle (EV) manufacturers weakened both exports and domestic demand for locally produced cars.
Venezuela’s growth outlook holds despite earthquakes, economist says
Venezuela is currently producing about 1.187mn barrels of oil a day, with output expected to reach 1.3mn barrels by year-end under a conservative scenario
Venezuela bondholder group grows as investors prepare for debt talks
Investors holding Venezuela’s defaulted debt are building a broader coalition as prospects for a potential restructuring improve following the US capture of Nicolás Maduro
EU targets Russian banks in largest package for four years
The European Union adopted its 21st sanctions package against Russia on July 23, adding 48 individuals and 170 entities to its asset freeze lists, designating 94 financial institutions and targeting another 41 shadow fleet vessels.
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