Arc

Oil & Gas Trade

Algeria and Spain in talks to increase gas supply

Spain ​and Algeria are in talks to increase the supply of natural gas ‌from Algeria, Spanish Foreign Minister Jose Manuel Albares said on March 26 after m…

Gas power plant

Duke Energy secures approval for gas plant in South Carolina

Utility Duke Energy said on March 26 that the ​Public Service Commission of South ‌Carolina had approved its plan to build new natural gas-fired ​generat…

Philippines

The Philippine President Marcos: PH has enough crude oil until June 2026

President of the Philippines Ferdinand Marcos Jr. on Friday announced that the country has sufficient crude oil supply to last until June 30, 2026.

Philippines

President announces successsful drill, test of second Malampaya well

President of the Philippines Ferdinand Marcos Jr. on March 26 announced that the Camago-3 well has been successfully drilled and tested, producing up to 60 mill…

Ukraine

Ukrainian Energy Ministry, Naftogaz sign cooperation documents with several U.S. companies

March 26- The Ukrainian Energy Ministry and Naftogaz have signed documents with U.S. companies on cooperation in energy projects in Ukraine, Ukrainian media quo…

Vietnam

Novatek mulling LNG supplies to Vietnam, starting at 1 mln tonnes per year

March 26 - Novatek is in talks to supply liquefied natural gas to private companies in Vietnam, starting at 1 million tonnes per year, company CEO Leonid Mikhel…

Kazakhstan

Kazakhstan decides against Shell, Eni participation in Karachaganak gas plant project

March 26 - Kazakhstan will not proceeds with constructing a gas processing plant at the Karachaganak field in partnership with Shell and Eni, said PSA LLP, the …

South Korea

S. Korea to enforce naphtha export restriction starting Friday: finance minister

South Korea will begin restricting naphtha exports from Friday amid growing supply shortages due to the Middle East situation, Seoul's finance chief said on…

LNG

TC Energy inks new deals for GasLink expansion

TC Energy said on March 25 that its Coastal GasLink pipeline project has signed commercial agreements with ​LNG Canada to advance the project's second phas…

Sri Lanka

Sri Lanka expects to finalize Russian oil purchase deal next week

March 25 Sri Lanka expects to finalize a deal to purchase Russian oil and petroleum products next week, head of the state fuel company Ceylon Petroleum Corporat…

Russian

Rosatom structure, Brazil's NBEPar to create JV for mineral extraction in Brazil

March 25- Uranium One Group (part of TENEX, Rosatom state corporation) and Brazil's NBEPar have signed an agreement to establish a joint venture, Nadina Min…

Electric Vehicles

Honda, Sony hit pause on EV venture, scrap AFEELA launch

March 26 — Honda and Sony said yesterday they will put their electric-vehicle project on hold as they assess its future in a changing global market.Sony Honda …

Pumped Storage

Vietnam's first pumped-storage hydropower project secures two int'l loan deals

Vietnam Electricity (EVN) and French partners presented the loan agreements to the project developer at the EU – Vietnam Global Gateway Business and Investment…

India

India delays coal flexibility plan as solar power curbs rise, document shows

March 25- India has pushed back by a year its plan for coal-fired power plants to lower output ‌when solar generation is high, as regulators work out how to co…

Uzbekistan

Russia and Uzbekistan Sign Roadmap for Cooperation in Nuclear and Related Fields

On March 24, a Roadmap for cooperation in nuclear and related fields between Rosatom State Corporation and the Atomic Energy Agency under the Cabinet of Ministe…