Latest Stories

South Korea selects locations for new nuclear reactors

19 June 2026

Korea Hydro & Nuclear Power (KHNP) selected Yeongdeok in North Gyeongsang Province for two new large-scale nuclear reactors and Gijang in Busan for a new small modular reactor (SMR).

Australian Unions Reach Deal with Inpex to End Strikes at Ichthys LNG Plant

19 June 2026

Australian union groups have come to an agreement with Japanese energy firm Inpex to halt strike action at the Ichthys LNG facilities.

India faces twin threat of extreme heat and a slow moving monsoon

19 June 2026

Most parts of India are facing unprecedented heatwave conditions. For several weeks, India’s capital, New Delhi, has been suffering under temperatures over 40 °C.

Bangladesh slips in global energy transition ranking amid readiness concerns

19 June 2026

Bangladesh ranked 99th among 120 countries in the Energy Transition Index (ETI) 2026, trailing several South Asian neighbours as persistent weaknesses in policy, financing and infrastructure.

MOSCOW BLOG: Ukrainian drone strikes spark fuel fears in the Russian capital

19 June 2026

Ukraine has once more brought the war to Russia’s capital, launching its biggest drone strike against Moscow since the start of the conflict, causing what may be extensive damage to the city’s main oil refinery and sparking fears of fuel shortages.

India’s thermal coal imports hit four-year low as renewables gain ground

19 June 2026

India’s thermal coal imports recorded the lowest level in four years during the first five months of 2026, owing to higher domestic coal output, rising renewable energy generation and elevated import costs.

Renault opens Boreal SUV production in Turkey in dual-hub strategy

19 June 2026

Renault (EPA: RNO) has announced the opening of a second Boreal SUV production hub at its Bursa plant in Turkey.

Mongolia’s Jan-May coal output surges 54% y/y

18 June 2026

Mongolia’s January to May coal production amounted to 46.45mn tonnes, with the volume built on a 54.1% y/y leap in output, according to the country’s national statistical bureau.

Refiner Tupras still ranks as Turkey’s largest industrial company

18 June 2026

Refiner Tupras (IST: TUPRS) remained Turkey’s biggest industrial company in 2025, according to a ranking published by Istanbul Chamber of Industry (ISO).

Jordan Phosphate, Uzbekistan to conduct feasibility studies for joint fertiliser plant

18 June 2026

Jordan Phosphate Mines Company (JPMC, stock ticker: ASE: JOPH) and Uzbekistan are exploring the possibility of establishing a joint phosphate fertiliser project.

A.P. Moller Capital buys Mainstream Renewable Power South Africa platform

18 June 2026

A.P. Moller Capital has agreed to acquire Mainstream Renewable Power's South African business, gaining 148MW of operating and under-construction assets, 351MW of construction-ready projects and an 11.6GW development pipeline.

Iraq faces export vulnerability as Gulf states expand alternative oil routes

18 June 2026

Iraq is facing increasing pressure on the security and resilience of its oil export routes as Gulf states accelerate efforts to develop alternative shipping and pipeline corridors that bypass the Strait of Hormuz.

Kosmos exits Equatorial Guinea with $127mn sale of Ceiba and Okume assets to Panoro

18 June 2026

Kosmos Energy (NYSE/LSE: KOS) has completed the sale of its interests in Equatorial Guinea's Ceiba field and Okume Complex to Panoro Energy (OSE: PEN) for $127mn, as it refocuses on core assets in Ghana, Mauritania and Senegal.

Petroecuador's output claim masks shortfall against June target and the January peak

18 June 2026

Ecuador's state oil firm Petroecuador reported on June 16 that it had reached its best production level in months, hitting 370,197 barrels of oil equivalent per day on June 15.

Blackrod project comes online in Canada amid rising interest in developing oil sands resources

18 June 2026

The start-up of IPC’s Blackrod project in Canada comes as other oil sands developments are also being advanced, but questions remain over whether pipeline capacity expansions can keep pace with output growth.

Iran says shipping restrictions at southern ports lifted after US deal

18 June 2026

Commercial shipping traffic to Iran's southern ports has returned to normal after the United States lifted a blockade line at the entrance to the Gulf of Oman, Iran's shipping association has said.

Iran's Shahroud Cement secures operating licence for solar plant

18 June 2026

Iranian producer Shahroud Cement has secured an operating licence for a 4.8 MW segment of its 10 MW solar plant from Satba, with plans for an additional 3 MW unit.

Croatia's Janaf gets US license to transport oil to Serbia's NIS until July 1

18 June 2026

Croatia's oil pipeline operator Jadranski naftovod (Janaf) said on June 17 it had received a licence from OFAC allowing it to transport crude oil to the Oil Industry of Serbia (NIS) until July 1.

Tanzania completes $4mn power grid upgrades to boost electricity supply in central regions

18 June 2026

Upgrades to Tanzania’s electricity transmission network worth more than TZS 10.5bn ($4mn) have been completed, extending improved power reliability to five districts in the country’s central corridor