Latest Stories

Dubai’s Dragon Oil studies shallow-water gas exploration opportunities off Egypt

23 October 2026

Dubai-based Dragon Oil is evaluating new natural gas exploration opportunities in Egypt's Mediterranean waters

Seven ships hit in Persian Gulf in busiest day of incidents since war began

23 October 2026

Iran’s Revolutionary Guards said seven vessels had been hit or caught fire in the Persian Gulf and Strait of Hormuz in a single day, the highest daily toll since the US and Israel waged a war on Iran in late February.

Singapore firms plan energy efficiency spending despite cost hurdles

23 October 2026

Nine out of 10 Singapore-listed companies intend to put more money into energy efficiency.

India’s Apcotex Industries to buy stake in solar producer

23 October 2026

Apcotex Industries Limited (NSE:APCOTEXIND) (BSE:523694) has signed an agreement to take a small equity holding in a solar power producer, a step it says is meant to secure electricity for its own consumption

Indonesia boosts gas output with Eni's Jangkrik, Maha projects

23 October 2026

Indonesia has brought new gas supply online from two projects run by Italian energy group Eni (BIT: ENI), which together are expected to add roughly 290mn standard cubic feet per day (mmscfd).

Indonesia's upstream oil, gas spending hits $9.9bn

23 October 2026

Indonesia attracted $9.9bn, or about IDR179.2tn, in upstream oil and gas investment in the first eight months of 2026.

Singapore's Seatrium to convert five Karpowership power plants

23 October 2026

Seatrium (SGX: 5E2) has won a contract to convert and integrate five Whale Class Powerships for Karpowership.

Singapore registers first ammonia dual-fuel carrier

23 October 2026

In a christening ceremony at the Ulsan, South Korea, yard of HD Hyundai Heavy Industries (KRX: 329180), Eastern Pacific Shipping (EPS) named Terra Clove, the first vessel in its fleet able to run on ammonia as a dual fuel.

Swelect Energy to buy Rajasthan solar firm for 50MW captive plant

23 October 2026

Swelect Energy Systems Limited (BSE:532051) (NSE:SWELECTES) is moving to widen its solar generation footprint in western India, approving the purchase of a start-up developer that intends to build a 50 MW group captive plant

Vingroup to build $500mn EV plant in Philippines

23 October 2026

Vietnamese conglomerate Vingroup (HOSE: VIC) plans to spend $500mn on an electric vehicle (EV) factory in the Philippines.

India shifts back to Gulf crude as Russian discounts shrink

23 October 2026

India's imports of Middle Eastern crude climbed to around 2.8mn barrels per day (bpd) in September, the highest level since February, as purchases of Russian oil dropped.

Mahanagar Gas to study biogas projects in India

23 October 2026

India's Mahanagar Gas (NSE: MGL) has agreed to study compressed biogas (CBG) projects in Maharashtra and Karnataka with waste-to-energy firm Organic Recycling Systems (ORSL).

India to mandate 1% sustainable aviation fuel blend by 2027

23 October 2026

India plans to require airlines to blend 1% sustainable aviation fuel (SAF) into jet fuel on international flights from 2027.

India's Hero Future Energies plans $455mn green hydrogen push

23 October 2026

KKR-backed Indian renewables developer Hero Future Energies (HFE) plans to invest INR40bn ($455mn) in green hydrogen projects.

Myanmar to import Russian LNG

23 October 2026

The deal gives Russia a fresh outlet for its energy exports as Western sanctions and the war in Ukraine strain its finances.

Poland's SGE, Origin Nuclear plan UK joint venture to run SMR fleet, first unit eyed in 2034

22 October 2026

SGE SMR UK, the UK-based project company of SMR developer and investor SGE, and Origin Nuclear have signed a letter of intent to set up a joint venture for the future operation of the planned UK BWRX-300 fleet.

Poland’s Orlen, Sołowow’s SGE agree phased approach to first SMR, eye detailed deals by year-end

22 October 2026

OSGE holds in-principle decisions for 24 units across six sites, while Orlen’s strategy envisages at least two SMR units by 2035 for its plants in Płock and Włocławek.