Latest Stories

India's wind power capacity surges 30% in third quarter

20 October 2026

India installed 1.8 GW of new wind power capacity in the third quarter of calendar year 2026.

Venezuela’s oil law overhaul puts Russian investments at risk

20 October 2026

Venezuela’s plan to let foreign companies take controlling stakes in oil fields and manage operations is raising concerns in Moscow that Russian energy investments could lose ground as Caracas deepens its ties with Washington

Venezuela bets on $76bn oil push to rebuild production

20 October 2026

Venezuela is counting on a multibillion-dollar investment programme to reverse years of decline in its oil industry, with interim President Delcy Rodríguez projecting nearly $76bn in spending over the next five years

Venezuela oil output rises 8% as PDVSA reports more than 1.2mn bpd

20 October 2026

Venezuela’s oil production climbed 8% to more than 1.2mn barrels per day by the end of the third quarter of 2026, as state-owned Petróleos de Venezuela seeks to attract investment, expand commercial partnerships and restore ageing infrastructure

Malambo Solar secures $50.3mn loan for 66 MWp Colombian solar plant

20 October 2026

Malambo Solar has secured a $50.3mn (COP160bn) loan from Itaú Colombia to develop and build a 66 MWp solar power plant in Atlántico, northern Colombia, with construction under way and electricity intended for the national grid

Vietnam's VLE eyes $15bn investment push in Laos

20 October 2026

Viet Lao Energy Investment and Development Joint Stock Company (VLE) and its affiliates intend to invest between $10bn and $15bn in Laos within five years, and have asked Vientiane for special mechanisms and tax breaks to...

China Datang plans more power projects in Myanmar

20 October 2026

China Datang Corporation intends to build more energy projects in Myanmar and will use an existing hydropower plant in Kachin State as its hub for expansion, the Chinese state-owned power group told Eleven Media.

Canada's NG Energy boosts Colombian gas output as Aruchara-6 starts production

20 October 2026

NG Energy International has begun producing gas from its Aruchara-6 well in Colombia’s María Conchita block, lifting field output towards 23mn cubic feet (0.65mn cubic metres) per day gross

Canada's NG Energy raises expected Colombian gas output as new well starts production

20 October 2026

NG Energy International expects output at its María Conchita gas field in Colombia to rise to 23mn cubic feet per day (0.65mn cubic metres per day) gross after its Aruchara-6 well entered production

Liberia opens 15 offshore blocks to investors in 2026 licensing round at AEW 2026

20 October 2026

Liberia has launched a licensing round offering 15 offshore blocks in the Liberia and Harper Basins, seeking to attract exploration investment ahead of an April 15, 2027 deadline.

Petrovietnam to trim Vietnam refiner BSR stake by 2027

20 October 2026

Petrovietnam (PVN) expects to finish selling down its holding in Binh Son Refining and Petrochemical (BSR), the operator of Vietnam's Dung Quat Refinery, by March 11, 2027

Share price boost for Mongolia-focused Petro Matad after potential project with Saudi Acwa unveiled

20 October 2026

Petro Matad (AIM: MATD, OTC: PRTDF, FRA: HA3) shares gained more than 14% as trading began on October 19 after the Mongolia-focused oil explorer unveiled a renewable energy partnership with Saudi-listed Acwa.

Azerbaijan oil output falls 3.9% y/y in nine months as Azeri Light trades at $119

19 October 2026

Azerbaijan's crude oil and gas condensate output reportedly fell 3.9% year on year to 19.86mn tonnes in January-September, while Azeri Light traded at $119.04 a barrel.

GECF calls for new gas investment at African Energy Week 2026

19 October 2026

Annual global primary energy demand will rise by 20% to 768 exajoules (EJ) by 2055, from 641 EJ in 2024, as economic and population growth drive consumption.

Uzbekistan signs $4.7bn of energy deals, names Saida Mirziyoyeva to tackle investor hurdles

19 October 2026

Uzbekistan has signed six energy project agreements worth a combined $4.7bn, covering 3,000 megawatts (MW) of new power generation and 400 MW of energy storage, according to the presidential press service.

BP finds hydrocarbon signs in Brazil’s Tupinambá offshore block

19 October 2026

British energy company BP has identified signs of hydrocarbons in the first exploration well drilled in the Tupinambá block in Brazil’s pre-salt Santos Basin, marking another step in its offshore exploration campaign.

ADNOC Onshore launches Bu Hasa EOR tender

19 October 2026

Abu Dhabi National Oil Co. (ADNOC) has opened contractor bidding for an enhanced oil recovery scheme at Bu Hasa

Houthis claim fresh strikes on Aramco sites

19 October 2026

Yemen’s Houthi movement said it had struck Saudi Aramco installations at Yanbu and the Shaybah oil field

Polish power firm PGE’s new strategy sees return to dividends, CAPEX at PLN210bn by 2035

19 October 2026

Polish power group PGE presented its strategy until 2035 on October 19. Under the strategy it plans to return to paying dividends, starting from its 2026 profit, and it provides for CAPEX of around PLN210bn (€48bn) until 2035.

Iran reports fifth tanker strike in four days

19 October 2026

Another tanker was set ablaze after hitting a sea mine near the Strait of Hormuz, Iran’s Revolutionary Guards said, the fifth such incident reported in four days.

DTEK’s €1.2bn Poltava wind farm gains access to EU funding applications

19 October 2026

The European Commission has granted EU Cross-Border Renewable Energy Source status to DTEK’s planned 650-megawatt Poltava wind farm in Ukraine, allowing the energy company to apply for financing under the Connecting Europe Facility.

Jinko ESS signs deal to supply 18 MWh of battery storage for Mali telecom project

19 October 2026

Chinese energy-storage supplier Jinko ESS said it had signed an agreement to supply 34 SunGiga G2 Plus battery systems for an unidentified telecommunications project in Mali.

Zimbabwe's Zesa posts $139mn operating profit as cheaper power imports cut costs

19 October 2026

Zimbabwe's state-owned electricity utility Zesa Holdings reported an operating profit of $139.3mn in the first half of 2026, exceeding its budget target by 68%.