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Acciona bets on Brazil despite global uncertainty
Spain's Acciona sees Brazil as a priority market despite growing global uncertainty, with the country's energy mix and infrastructure framework offering opportunities for long-term investment.
Brazil’s JBS steps up biomethane investment
JBS and Âmbar Energia will invest BRL65mn to expand biomethane production from waste generated at Friboi facilities, aiming to almost quintuple output for use in the group's industrial operations and transport network.
Iran’s NIDC completes 23 oil, gas wells in first quarter
Iran’s state drilling contractor completed drilling and workover operations on 23 oil and gas wells across the country’s onshore and offshore fields during the first three months of the current Persian calendar year, CEO Morteza Fouladi said.
Brazil’s oil export tax delivers first revenue boost
Brazil's temporary export tax on crude oil generated BRL1.05bn ($200mn) in federal revenue in May, marking the first proceeds from the levy introduced in March.
Perenco moves to revive idle Brazil oil platforms
French engineering company DORIS is supporting Perenco Brazil in the redevelopment of two offshore platforms in Brazil's Campos Basin that have been idle since 2020.
Brazil taps oil windfall to cushion fuel prices
Brazil used windfall oil-export revenues generated by a spike in crude prices after US and Israeli strikes on Iran to cushion the impact of higher fuel costs on consumers, Planning and Budget Minister Bruno Moretti said.
Thailand targets 60% clean electricity by 2050
Thailand is moving closer to adopting a new long-term power strategy that aims to source 60% of the country’s electricity from clean energy by 2050.
Dutch firm plans major waste-to-energy project in Vietnam
A Dutch waste management company is exploring a $125mn waste-to-energy project in southern Vietnam as Tay Ninh province steps up efforts to expand renewable energy and sustainable waste treatment.
Vietnam Vingroup advances Philippines clean energy and solar projects
Vietnam’s Vingroup has strengthened its push into the Philippine energy market by signing major renewable energy agreements to boost clean power generation and support the country’s energy transition.
BYD drivers gain wider EV charging access across Vietnam
BYD electric vehicle owners in Vietnam will soon have access to a larger nationwide charging network through a new partnership with local charging provider FUTA EV Power.
Ethiopia advances NEP 3.0 to achieve universal electricity access by 2035
Ethiopia has advanced its NEP 3.0 electrification strategy, aiming to achieve universal electricity access by 2035 through grid expansion, off-grid systems and private investment.
Mexico details new 32 GW renewable plan, valued at $42bn
Mexican officials announced a renewable energy expansion plan targeting 32 gigawatts (GW) of new electricity capacity by 2030 at a June 28 press conference. 70% of that total is to be sourced from clean energy.
Colombia new-car sales jump 50.1% in first half as electric vehicles surge 235% to four in ten registrations
Norwegian oil worker lock-out set to disrupt drilling and production
Around 1,000 Norwegian oil service workers were locked out on the morning of June 27, escalating a labour dispute that is expected to disrupt drilling and some production on the Norwegian continental shelf.
US oil and gas software firm Quorum snaps up Scottish AI supply chain platform
Quorum said the acquisition was part of its broader strategy to build a unified AI platform for the energy industry, spanning areas from subsurface planning to supply chain execution.
Petrovietnam co-op talks with US Nebula Energy on LNG, energy storage, AI and digitalisation
The discussions come as Petrovietnam continues its transition into Vietnam’s National Industry and Energy Group, with the company seeking to strengthen its role across the country’s energy system.
Indonesia launches mini-LNG plant in East Java
The Sumber Aneka Gas plant is designed to produce LNG, CNG, LPG and condensate.
Santos signs supply deal for South Australia's strategic gas reserve
Australian oil company Santos has signed a gas sale agreement with the South Australian government to supply 200 PJ of domestic gas for the state’s strategic gas reserve over 10 years from 2030.
New LNG carrier enters service as Oman expands export fleet
Oman has marked a significant milestone in its liquefied natural gas (LNG) export sector with the inaugural shipment aboard Muscat LNG, one of the country's newest and most technologically advanced LNG carriers, the local Oman News Agency (ONA) said.
BP returns to Iraqi Kirkuk oilfield projects after security pause
BP has resumed technical and engineering work on oilfield development projects in Iraq's Kirkuk province after returning foreign personnel who had been withdrawn earlier this year due to regional security concern.
Europe set to enter heating season with gas storage at 15-year low: FT
EU gas storage sites are forecast to end the April-October restocking season only 76% full.
Norway's Ocean Installer bags major contract at Balder Next oil project
The contract covers engineering, procurement, construction and installation work for subsea umbilicals, risers and flowlines.
EU's oil and gas suppliers push back against methane regulation
The US, Qatar, Nigeria and Algeria have warned the EU that its methane regulation could disrupt oil and gas supplies to Europe unless the bloc clarifies the rules and introduces targeted amendments.
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