Latest Stories

Rwanda steps up nuclear ambitions with Russia-backed SMR cooperation agreement

2 July 2026

Rwanda and Russia have signed a roadmap on small modular reactors and civilian nuclear cooperation as Kigali targets commissioning its first SMR in the early 2030s.

BP hands operatorship of Azerbaijan's BTC oil pipeline to SOCAR

2 July 2026

British energy major BP has officially transferred the operatorship of the Baku-Tbilisi-Ceyhan (BTC) oil export pipeline to Azerbaijan’s state oil firm SOCAR, the joint venture company BTC Co announced on July 1.

Indonesia’s Aceh promotes Andaman gas downstream plans

2 July 2026

Aceh in Indonesia is seeking to maximise the economic value of the large natural gas discovery in the offshore Andaman Block by pushing for the development of downstream industries within the province.

Philippines sees 17 battery storage applications across just two regions

2 July 2026

The applications cover proposed developments intended to support grid stability and improve the integration of renewable energy in the two island groups.

SGCC Grid upgrades a wrap in China’s Jiangsu, Guizhou

2 July 2026

The Gaoyou substation expansion included the commissioning of a new 1,000 MVA transformer. This increased the total transformation capacity from 3,000 MVA to 4,000 MVA.

Brazil, Bolivia to accelerate Petrobras-YPFB gas talks, Lula says

2 July 2026

Brazil and Bolivia will speed up negotiations between state-owned oil companies Petrobras and Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) to boost natural gas production, Lula da Silva said after meeting his Bolivian counterpart Rodrigo Paz.

Brazil, Bolivia to accelerate Petrobras-YPFB gas talks, Lula says

2 July 2026

Brazil and Bolivia will speed up negotiations between state-owned oil companies Petrobras and Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) to boost natural gas production, Lula da Silva said after meeting his Bolivian counterpart Rodrigo Paz.

Cambodia faces major clean energy skills shortage by 2040

2 July 2026

Cambodia could face a severe shortage of skilled workers in its clean energy sector by 2040 unless investment in workforce development accelerates.

Vietnam advances $2bn Vung Ang LNG power plant

2 July 2026

A consortium behind the Vung Ang III Liquefied Natural Gas (LNG) Power Plant is urging authorities in Ha Tinh Province to speed up land procedures to keep the $2bn project on track.

Korea South-East Power seeks clarity on hydropower investment plans in Pakistan

2 July 2026

South Korea’s state-owned power producer, Korea South-East Power Company (KOEN), has sought greater policy clarity on two proposed hydropower projects in Pakistan’s Swat region.

Russia turns to Indian gasoline imports as fuel shortages deepen after refinery attacks

2 July 2026

Russia has begun importing gasoline by sea from India to ease fuel shortages caused by repeated Ukrainian drone strikes on its refining infrastructure.

SK, KKR launch South Korea's largest green utility

2 July 2026

SK Inc. (034730.KS) signed an investment agreement with US private equity firm KKR to set up South Korea's largest integrated renewable energy firm, tentatively named HoldCo, by the end of 2026.

Venezuela bonds slide as earthquake damage clouds debt restructuring outlook

2 July 2026

Venezuelan sovereign bonds and debt issued by state-owned PDVSA have extended their decline after last week's earthquakes, as investors reassess the country's economic prospects and brace for a tougher debt restructuring

Venezuela oil output poised to recover as US broadens export authorisations

2 July 2026

Expanded US authorisations for companies trading Venezuelan crude are set to lift the country's oil production back to levels seen before Washington's December naval blockade by the end of the second quarter of 2026

Brazil advances new equatorial oil blocks

1 July 2026

Brazil's oil regulator approved the nomination of 86 offshore exploration blocks for technical studies that could lead to their inclusion in future licensing rounds under the Permanent Concession Offer (OPC).

Colombia's biggest companies lift profit as commerce dominates revenue

1 July 2026

Colombia's 10,000 largest companies generated combined net profit of COP138.6 trillion (about $40.9bn) in 2025 as operating revenue rose 5% to COP1,853 trillion (about $546.3bn), broadly equivalent to the country's nominal gross domestic product