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India eyes diesel biofuel blending with isobutanol pilot
India is preparing to expand its biofuel strategy beyond petrol by introducing isobutanol blending in diesel, a move that could reshape the country's commercial vehicle sector and further reduce dependence on imported crude oil.
India restores LPG supplies to industries as disruptions ease
India has lifted restrictions on the supply of non-domestic packed liquefied petroleum gas (LPG) to industrial and commercial users, restoring allocations to levels that existed before the West Asia crisis.
Vietnamese Coast Guard seizes smuggled diesel
Officers boarded the fishing vessel and discovered approximately 55,000 litres of diesel of unknown origin.
Colombia wins WorldCup — claims global butterfly competition crown with record species documentation
Poland's top energy companies pledge joint effort to rebuild Ukraine's infrastructure
Poland's four biggest energy companies signed a letter of intent on June 25 to cooperate on the reconstruction of Ukraine, as the country's prime minister thanked Poland for its support during the war with Russia.
Myanmar junta pushes local EV production amid criticism
Myanmar's military leadership is seeking to establish domestic electric vehicle (EV) production, despite concerns over power shortages and allegations that the sector primarily benefits businesses linked to the ruling family.
Fitch confirms BB rating on Colombia's Promigas' $920mn hybrid bond issue
Fitch Ratings assigned a final BB rating to Promigas and its Peruvian co-issuers' $920mn subordinated hybrid notes, confirming its earlier expected rating after reviewing the final transaction documents, the agency said
Repsol turns Venezuela into a new opportunity after years of losses
The Spanish oil company, which spent years dealing with financial challenges in Venezuela, is now positioned to turn a troubled investment into a potential growth driver
Iraq expands fuel oil exports via Syria as regional shipments rise
Fuel oil exports from the Middle East are expected to hit a four-month high in June, with Iraq emerging as one of the region’s leading exporters by expanding its use of alternative export routes, particularly through Syrian ports.
Russian oil giant Rosneft expands takeover of Bashneft
The government of Russia’s Bashkiria region has completed the sale of a stake in Bashneft to Rosneft for RUB14.8bn.
Mexican fracking committee heavily weighted towards industry, analysis shows
A 47-member scientific panel tasked with advising President Claudia Sheinbaum and the Mexican government on whether to legalise hydraulic fracking has more than twice as many pro-oil industry profiles as critics.
Colombia's De la Espriella sets Fiscal repair, fossil fuel energy revival at core of economic agenda
Colombia’s president-elect Abelardo de la Espriella is preparing an economic programme centred on fiscal consolidation, renewed oil and gas development, infrastructure expansion and housing incentives as his administration seeks to revive growth
Colombia's Ecopetrol extends slide as investors lock In gains after election rally
Shares of Ecopetrol extended losses on June 24 after falling more than 10% over two trading sessions on Colombia’s stock exchange, as investors took profits following a sharp rally linked to expectations surrounding the election of president-elect
Colombia's De La Espriella nears cabinet announcement ahead of August transition
Colombia’s president-elect Abelardo de la Espriella is expected to unveil members of his incoming administration in the coming days after holding meetings with close advisers to assess ministerial candidates and prepare the transition
Gazprom Neft says talks on sale of Serbia's NIS are ongoing
Gazprom Neft said on June 25 that negotiations over the sale of its stake in Serbia's oil company NIS are continuing, offering a rare public indication that talks remain active despite months of uncertainty surrounding the transaction.
China's Sany starts construction of 168 MW wind project in Serbia
Chinese wind turbine manufacturer Sany Renewable Energy has started construction of a 168-megawatt wind project in Serbia, marking its first renewable energy investment in the country.
UK to sell oil from sanctioned Russian oil tanker's cargo
The Telegraph said, citing government sources, that UK authorities said the cargo came under their legal control after the seizure, allowing the state to decide how it should be handled.
Chevron says Venezuela operations unaffected after deadly earthquakes
Chevron Corp. said its Venezuelan operations continue to function normally following the pair of powerful earthquakes that struck the country, as energy companies and authorities assess damage in regions near the epicentre
Green for Growth Fund signs €15mn loan with Albania's Vega Energy to boost Western Balkans solar expansion
The Green for Growth Fund (GGF) has signed a €15mn senior loan agreement with Albanian engineering and construction firm Vega Energy to finance the expansion of utility-scale solar projects across the Western Balkans, the fund...
Over 30 Russian regions restrict fuel sales amid ongoing Ukrainian drone siege
Ukraine has brought the war to Russia’s fuel supply, intensifying almost daily drone attacks on the country’s refineries over the past two months.
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