Latest Stories

EBRD lends €175mn to PPC for renewables in southeast Europe

9 June 2026

The EBRD will provide a €175mn loan to Greece’s Public Power Corporation (PPC) to support wind and solar projects in Bulgaria, Greece and Romania.

South Korean Taihan Cable lands $90mn Singapore grid deal

9 June 2026

South Korea’s Taihan Cable & Solution has secured KRW40bn ($90mn) infrastructure contract to power Singapore's tech expansion with SP PowerAssets Limited, the core power grid management subsidiary of the country’s utility giant SP Group.

India’s data centre ecosystem expands beyond Mumbai

9 June 2026

In the recent past India’s data centre industry has begun to look beyond Mumbai into cities like Hyderabad, Chennai, Delhi NCR, Pune and Bengaluru.

Brazil courts Japan, India, South Korea for oil sales as Hormuz closure bites

9 June 2026

Brazil's Foreign Ministry is coordinating the sale of Brazilian crude oil to Japan and other Asian nations reeling from the closure of the Strait of Hormuz, as the war between Iran, the US, and Israel reshapes global energy flows.

Brazil targets 30% oil output rise by 2032 as Asia seeks alternatives to Iran

9 June 2026

Brazil plans to increase oil production by around 30% by 2032, a level that would rank it among the world's five largest producers and position it as a key alternative supplier for Asian countries seeking to reduce dependence on Middle Eastern crude.

Vietnam’s EVN defends profit surge as parent company remains in loss

9 June 2026

Vietnam Electricity has defended its sharp rise in profit in 2025 and its bank deposits of VNĐ152 trillion ($5.8bn), saying the funds are needed for operations, debt repayments and future investments.

US delegation to press Venezuela for deeper oil sector reforms

9 June 2026

A delegation of officials from the Trump administration is expected to travel to Venezuela in the coming days to encourage further changes to the country’s Hydrocarbons Law

Uruguay targets first offshore exploration well in 2027

9 June 2026

Interest in Uruguay’s offshore acreage has grown following major discoveries since 2022 in Namibia’s Orange Basin

Venezuela expands energy outreach as Rodríguez follows India visit with Turkey stop

9 June 2026

During her visit to India, Rodríguez met US Ambassador Sergio Gor as part of ongoing working groups between Caracas and Washington established after she assumed power

Indian energy ties with Venezuela deepen during Rodríguez visit

9 June 2026

India signalled its willingness to expand its presence in Venezuela’s energy sector during talks in New Delhi between Oil Minister Hardeep Singh Puri and interim President Delcy Rodríguez

India raises household LPG price as fuel cost pressures continue

9 June 2026

India has increased the price of domestic liquefied petroleum gas (LPG) by INR29 per cylinder, the second upward revision in less than three months.

India's Hygenco secures $105mn from IFC-led consortium to accelerate green hydrogen expansion

9 June 2026

Indian green hydrogen developer Hygenco Green Energies has secured a $105mn equity commitment from a consortium led by the International Finance Corporation (IFC), Siemens Financial Services and Fullerton Carbon Action Fund.

Brazil’s Petrobras ends diesel import freeze

8 June 2026

Petrobras said it would resume diesel imports later this month after spending May supplying the Brazilian market solely with fuel produced at its own refineries.

Brazil wraps up first green platform scrap

8 June 2026

Brazil completed its first large-scale offshore platform dismantling project this week after Ecovix finished decommissioning Petrobras’ former P-32 unit at the Rio Grande Shipyard in southern Brazil.

Brazil pushes green fuel shipping route

8 June 2026

A consortium led by the Global Maritime Forum and RMI is developing plans for a green shipping corridor linking Brazil’s Port of Açu with the Port of Antwerp-Bruges in Belgium to support the production and transport of low-emission fuels.

Rockefeller targets 4mn Colombians without power with solar and battery push

8 June 2026

The Rockefeller Foundation is channelling solar panels and battery storage towards the roughly 4mn Colombians still without electricity — most of them in the Amazon and the Llanos

Oil bonanza hands Colombia a fiscal lifeline worth a tax reform — without the politics

8 June 2026

A surge in global crude prices, driven by the escalating conflict in the Middle East, is delivering Colombia an unexpected revenue windfall that analysts say could be worth as much as a full tax reform

Colombia's Amazon ballot — green legacy or oil revival at stake on June 21

8 June 2026

Colombia's presidential run-off on 21 June pits two sharply contrasting visions against each other — one centred on environmental stewardship, the other on resource extraction — with profound consequences for the Amazon rainforest

Sonardyne, AMOG sign memo on monitoring offshore energy infrastructure

8 June 2026

The UK’s Sonardyne and Australia’s AMOG have signed a memorandum of understanding to jointly provide subsea asset monitoring services for offshore energy infrastructure.

UK's Centrica signs long-term gas deal with Canadian producer Peyto

8 June 2026

The deal covers roughly 0.5 bcm per year of gas supply.

Ukraine’s energy future hinges on reform as war damage tops $88bn - KSE

8 June 2026

Ukraine’s ability to keep the lights on through another wartime winter will depend as much on reform as reconstruction, according to a new report by the Kyiv School of Economics (KSE).