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Renewables account for 45% of Uzbekistan's electricity mix as green generation rises
Renewable energy accounted for 45.3% of Uzbekistan's electricity generation this year at 3:00 p.m. local time on June 24, up from 33.6% a year earlier, as increased solar, wind and hydropower output reduced reliance on natural gas-fired power plants.
World Bank approves $110mn for Cambodia's clean energy
Cambodia has secured fresh World Bank funding to strengthen its power grid and expand clean energy.
US crude remains unlikely to replace Vietnam's main oil supplies
Despite plentiful American supplies and concerns over potential disruptions in the Middle East, experts say technical, commercial and contractual barriers continue to limit US crude imports for Vietnam's refineries
Aramco helicopter crash kills 14 at Saudi Ras Tanura terminal
A helicopter belonging to Saudi oil giant Aramco crashed at the Ras Tanura terminal on Saudi Arabia's Gulf coast on June 28, killing all 14 people on board, the Saudi Press Agency reported, citing an energy ministry source.
Russia's Gazprom targets further growth in Chinese gas sales this year
Gazprom is pushing ahead with eastern gas projects as it looks to raise supplies to China and support domestic demand.
Iran deploys first domestic gas compressors at Binak to capture associated gas
Iran has begun moving the first batch of domestically built reciprocating gas compressors to the Binak oilfield in the southern province of Bushehr for installation as part of a project to capture associated petroleum gas (APG).
Iran launches second phase of Azar oilfield development
Iran has launched the second phase of development at the joint Azar oilfield near its western border with Iraq, aiming to ramp up production by 3,500 barrels per day (bpd) in the first stage.
Russian oil and gas investors hit as Russia's stock market sees sharp fall on June 22
Oil and gas shares fell by 3.5-8.0%.
Aramco resumes loadings at Ras Tanura
Saudi Aramco has resumed crude exports from its Ras Tanura terminal following a four-month blockade, intensifying market competition despite ongoing geopolitical risks across the region
Discount of Russia's Urals oil to Brent widens to highest level since March
The discount on Russian Urals crude delivered to India widened to its highest level since March, as expectations of higher Middle East supply and weaker Asian buying weighed on prices.
Kazakh businessman raises bond issues in pursuit of takeover of Kazakh oil producer Tethys Petroleum
Rakishev has been seeking since 2024 to buy out the remaining shares in oil and gas company Canada-listed Tethys Petroleum.
Azerbaijan presents Turkmenistan with oil tanker
Azerbaijan has presented Turkmenistan with an oil tanker built at the Baku Shipyard, in a virtual ceremony on June 22 attended by Azeri President Ilham Aliyev and Turkmen President Serdar Berdimuhamedov.
Nord Stream 2 AG sues EU over bloc's move to phase out Russian gas
Nord Stream 2 AG, the operator of the idle Nord Stream 2 gas pipeline controlled by Russia’s Gazprom, has filed a lawsuit against the EU, arguing that the bloc’s decision to phase out Russian gas imports amounts to expropriation.
Kazakhstan not to ship oil to Germany via Druzhba in July
Russia informed Kazakhstan at the end of May that there was still no technical possibility of resuming Kazakh oil transit through Druzhba, without disclosing a reason.
Russia's Bashneft oil firm more than halves dividend payout for 2025
The company plans to allocate RUB12.3bn ($156mn) to the payout.
Putin extends ban on Russian exporters following Western oil price cap
The ban effectively means that Russian oil exporters are legally required to take steps to circumvent Western sanctions.
Shareholders at Russia's Tatneft oil firm approve dividend for 2025
Tatneft’s net profit under IFRS stood at RUB158.6bn ($2bn) in 2025.
Kazakhstan to remove custom duties on fuel imports as Russian supplies no longer assured
Russia is Kazakhstan’s main fuel supplier. But given current strains on the Russian fuel market, Kazakhstan is looking for alternative sources.
Russia's Gazprom Neft claims it has moved over 90% of digital infrastructure to domestic software
Dyukov said the company had built one of the largest independent technology ecosystems among Russian industrial companies, significantly reducing its reliance on foreign IT products.
Kazakhstan cuts gas output at Karachaganak field after Ukrainian drone strike on key Russian processing plant
Crimean authorities declare state of emergency amid Ukrainian strikes on energy infrastructure
The emergency regime will remain in place until further notice.
Russian wholesale gasoline prices see mixed changes in week ending June 26
This follows more significant fluctuations in the previous week, caused by Ukraine’s intensifying attacks on Russian oil refineries that have led multiple regions to suffer fuel shortages.
Russian oil firm Surgutneftegaz approves RUB0.85 per share dividend
Surgutneftegaz’s dividend policy provides for 10% of net profit under Russian accounting standards to be paid out on preferred shares.
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