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Sri Lanka rules out new barter deals after Iran tea scheme
Sri Lanka has no plans to enter fresh barter trade deals once its tea-for-oil arrangement with Iran is wound up.
Sri Lanka speeds up renewables shift as oil prices surge
Sri Lanka plans to speed up its move to renewable power after a surge in global oil prices.
Pakistan secures fuel supplies through November, says finance minister
Pakistan has secured enough crude oil and other energy supplies to cover demand until November, Finance Minister Muhammad Aurangzeb said.
Coal supplies half of Vietnam's power despite 2050 exit plan
Vietnam is relying even more on coal despite its target of ending coal-fired power by 2050.
ADNOC lines up 2027 tender wave for sour gas and EOR
ADNOC will tender contracts for offshore sour gas developments, an export gas pipeline and enhanced oil recovery (EOR) schemes in 2027
Baghdad courts KBR for gas capture push
Iraq’s Deputy Prime Minister for Energy Affairs Mohsen al-Mandalawi met a KBR delegation on October 22 to discuss upstream and gas development
Bahri orders three VLCCs from IMI in $451mn deal
Saudi state-controlled shipping group Bahri has placed a SR1.69bn ($451mn) order with International Maritime Industries (IMI) for three very large crude carriers
Ethiopia seeks water and energy investment partnerships at Addis Ababa forum
Ethiopia is seeking investment and financing partnerships for water and energy infrastructure at a five-day forum opening in Addis Ababa on October 26, focusing on renewable power, electricity access and climate-resilient water services.
Oil India makes new gas discovery in Krishna-Godavari Basin
India's state-owned Oil India has made a natural gas discovery in the shallow waters of the Krishna-Godavari Basin off the country's eastern coast, recording peak test flows of 200,000 cubic metres per day.
AfDB approves $504mn loan for Botswana to support economic reforms, ease energy costs
Rosneft commissions gas refuelling station at Siberian oilfield
Russia's Rosneft has commissioned a compressed natural gas (CNG) refuelling station at the Srednebotuobinskoye oil and gas condensate field in Yakutia, enabling the conversion of up to 125 specialised vehicles from diesel to gas.
Côte d’Ivoire launches $56mn Tongon solar project, with construction planned for 2027
Côte d’Ivoire has formally launched a XOF33bn ($56.3mn) solar power project at Tongon in the northern Poro region, with construction of the 52-megawatt-peak (MWp) facility scheduled to begin in 2027 and commissioning targeted for mid-2028.
Russia’s Omsk governor urges calm over fuel supplies after fresh drone attack
The governor of Russia's Omsk region has urged residents not to panic-buy fuel after Ukrainian drones reached an industrial district housing one of the country's largest oil refineries on October 24.
Mozambique parliament adds $56mn of gas revenue to 2026 budget
The revision more than doubles the gas revenue allocated to the 2026 budget, drawing on carried-over balances in the sovereign wealth fund’s transitional account,
Iraq sells 10mn crude barrels at $28 discount amid regional tensions
Iraq recently sold 10mn barrels of crude oil. through its southern ports at a discount of $25-$28 per barrel.
Iran says deal on Russian gas supplies nearly finalised
Iran is close to finalising an agreement to import natural gas from Russia, Acting Oil Minister Hamid Bovard said, as Tehran seeks to ease chronic shortages.
Syria's Latakia faces four-day diesel shortage affecting transport
Diesel shortages in Syria's Latakia Governorate have disrupted passenger transport, school bus services and goods deliveries, with drivers reporting prolonged queues at filling stations after four days of irregular supplies.
Kenya seeks trading name for Turkana crude ahead of December production target
Kenya is seeking a trading name for Turkana crude as Gulf Energy targets December 1 first oil, but export dates diverge and compensation disputes persist.
Major oil processing plant’s capacity in SW Iran reaches 320,000 bpd
Iran has brought its Central Treatment and Export Processing (CTEP) facility in the southwestern Khuzestan province to its full design capacity of 320,000 barrels per day.
Chinese scientists say Turkey’s claimed “giant” rare earths deposit actually “small in scale”
Researchers pour cold water on prospects for Kizilcaoren site.
Iran to push for gas swaps, joint market at GECF summit
Iran will seek to expand gas swaps with fellow exporters and push for a common gas market at an upcoming meeting of the Gas Exporting Countries Forum (GECF) in Moscow.
Polish power firm Orlen posts lower Q3 output y/y, flags PLN1.6bn impairments
Poland's largest energy group Orlen said on October 2 that its Q3 2026 downstream and upstream operations were down y/y, while its crude oil throughput rose compared to Q2. At the same time, it announced new impairment charges and reversals.
Polish utility PGE awards 372MWh battery storage deal to Elektrotim
Polish power group PGE said on October 23 that its renewables subsidiary PGE EO had selected the Warsaw bourse-listed company Elektrotim as a general contractor for its four energy storage facilities with a total capacity of 372MWh.
Poland hits 1.3 GW/ 3 GWh in battery energy storage capacity as of October 1
The total power capacity of battery storage facilities in Poland amounted to 1.3 GW, while their total stored energy capacity was 3 GWh as of October 1, 2026, the Polish power grid company PSE reported.
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