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Russia could increase fuel prices to cover import losses
Renewables' share of world electricity rises to 34% as nuclear slips to 9%
Renewables generated more than three times as much of the world's electricity as nuclear power in 2025, although the two sources supplied similar shares in 2000.
Pakistan’s petrol time bomb
Each week, millions of Pakistanis who ride motorcycles or drive rickshaws send a text message and, once the system has checked their identity card, SIM registration and vehicle, receive a token redeemable at a participating petrol station.
UAE’s AMEA Power signs deal for 1,000 MWh battery storage project in Uzbekistan
Dubai-based renewable energy developer AMEA Power has signed investment and battery storage service agreements for a 250-MW/1,000-MWh standalone battery energy storage project in Uzbekistan’s southwestern Bukhara region.
Bolivia tightens border controls on LPG cylinder smuggling as shortages bite
Bolivia will tighten controls on the illegal diversion and resale of liquefied petroleum gas (LPG) cylinders, which the government blames on price gaps with neighbouring countries, as queues and complaints over supply spread across several regions.
China pays Russia less for gas than it pays Turkmenistan, Carnegie finds
China pays Russia $40-60 per 1,000 cubic metres less for pipeline gas than it pays Turkmenistan, according to an analysis of leaked Russian price data.
Turkey's wind, solar Yeka tenders expected to draw $2bn in investment
Turkey expects to attract around $2bn in investment from wind and solar projects totalling 2,285 megawatts (MW) to be awarded under its Renewable Energy Resource Zone (Yeka) tenders on November 2-3.
Ecuador's Petroecuador adds Shushufindi well pumping 3,200 bpd
Petroecuador has brought a new well into production in Sucumbíos province, with an initial output of about 3,200 barrels per day (bpd), El Universo reported.
Botswana raises petrol prices 8.5%, diesel 13.5% as import costs climb
Botswana raised retail prices for unleaded petrol 95 by 8.5% and diesel 50ppm by 13.5% on October 23, citing higher international petroleum costs and geopolitical tensions in the Middle East.
Nigeria’s gas output rises as Tinubu adviser urges shift from firewood to LPG
Nigeria needs to turn its large natural gas reserves into cleaner household energy and broader economic gains, Special Adviser to the President on Oil and Gas Olu Verheijen said
Malaysia pushes for bigger role in Turkmen oil and gas as Petronas partnership deepens
Malaysia is seeking to deepen its energy ties with Turkmenistan, targeting higher-value oil and gas services, technology and specialised engineering, according to Economy Minister Akmal Nasrullah Mohd Nasir.
Azerbaijan targets 40% emissions cut by 2035, net zero by 2060
Azerbaijan's cabinet has approved a long-term low-carbon development strategy that sets a net zero greenhouse gas emissions target for 2060.
Vale, CSN win shares in Brazil’s first state gas auction
Brazilian mining giant Vale and steelmaker CSN were among the companies awarded natural gas supplies in the country’s first auction of state-owned gas for direct sale to industrial consumers, held by state-run company Pré-Sal Petróleo (PPSA).
Uganda breaks ground on $384mn power transmission project linking Karuma and Tororo
The 400-kV Karuma–Tororo project involves approximately 347 kilometres of transmission lines crossing 15 districts, alongside new and upgraded substations. Construction is expected to take 36 months.
QatarEnergy signs landmark LNG purchase deal with US-based Cheniere Energy in bid to overcome supply shortfall
QatarEnergy has signed one of the largest LNG purchase agreements in US history, contracting to buy 4mn metric tonnes per year from Cheniere Energy from the early 2030s through 2054.
Kenyan president targets December oil exports, ahead of regulator EPRA’s 2027 timetable
President Ruto says Kenya will start crude exports from South Lokichar in December. Regulator EPRA expects first shipments only in Q1 2027 as Gulf Energy prepares to drill.
Israel's Dalia Power Energies takes NewMed and Ratio Energies to court over Leviathan gas supply deal
Dalia Power Energies initiated arbitration proceedings against fellow Israeli firms NewMed Energy and Ratio Energies, challenging the producers’ termination of a landmark supply agreement from the Leviathan reservoir.
Ghana’s petroleum revenue rises 52% y/y in H1 as watchdog PIAC questions spending oversight
Ghana's oil receipts jumped to $561.41mn in H1 on higher crude prices and an 11.7% output recovery. PIAC flagged missing spending data and GNPC's use of Jubilee funds.
Solar and battery investments can pay back in three years
Ukrainian businesses investing in solar power and industrial battery storage could recoup their costs within 2.5 to 3 years, compared with the 10–12 years previously typical for energy investments, according to Serhiy Kovalenko, CEO of D.Solutions.
Ukraine becomes net electricity importer after Russian attack cuts exports
Ukraine’s electricity exports fell sharply after Russian strikes on energy infrastructure, pushing the country into a net importing position on October 18 as colder weather and weaker household solar generation increased demand for grid power.
Operating carbon capture capacity equals under 0.2% of global CO2 emissions
The world's 132 commercial carbon capture and storage projects have capacity to capture about 68mn tonnes of CO2 a year, less than 0.2% of global emissions, according to Global CCS Institute data compiled by Statista.
Nigeria weighs listing state oil firm NNPCL and sole LNG exporter as Oyedele floats $160bn valuation
Finance Minister Taiwo Oyedele has called for NNPCL and NLNG to be listed locally as the government seeks to deepen Nigeria’s capital market and broaden public ownership.
International arbitration court rejects $12bn of Kazakhstan’s Kashagan cost claims
An international arbitration court has reportedly dismissed about $12bn of Kazakhstan’s claims over disputed costs at the Kashagan oil field, while allowing a further $8bn in claims to proceed.
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