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China has just welcomed the first shipment from a Russian LNG export project on the Baltic Sea sanctioned by the U.S. on a U.S.-blacklisted vessel, as Russia and China continue to flaunt Western sanctions on their LNG trade. The LNG tanker Valera, sanctioned by the United States, docked at the …

India has not taken any decision about expanding its massive coal-fired power generation fleet beyond 2035, the country’s power ministry secretary, Pankaj Agarwal, told Reuters this weekend. “India wants to secure its energy requirements,” Agarwal told Reuters on the sidelines of an event, adding that as on 2035, India aims …

China imported 12.38 million barrels of crude oil daily last month, which was a 4.88% increase on the year and the highest import rate since August 2023, Reuters reported, citing government data. The November import figure also represented a 5.24% increase on October oil imports, the data showed, driving the …

India’s solar sector has hit that awkward stage of adolescence where ambition seems to be outpacing demand. And now the adults in the room are issuing critical warnings. A new letter from the clean-energy ministry, quietly circulated to the finance ministry, urges lenders to think twice before showering cash on …

Helped by the newly-issued crude import quotas, China’s independent refiners are buying sanctioned Iranian crude again and raising their processing rates, making room for Iran’s oil to move out of floating and bonded storage and potentially easing the year-end glut on the market. The independent refiners in China’s Shandong province, …

A loss of Venezuelan oil production in case of a U.S. military intervention will materially impact global benchmark prices as the market will have to replace Venezuela’s heavy crude—the bulk of Caracas’ crude exports, according to Rystad Energy. Venezuela is estimated to pump about 1.1 million barrels per day (bpd) …

Equinor announced on Friday two gas and condensate discoveries in the Norwegian part of the North Sea in its largest discoveries so far this year that can be developed through existing infrastructure. Equinor made the discoveries in the Lofn and Langemann wells in the Sleipner area of the North Sea, …

Kazakhstan’s oil output has fallen sharply after damage at the Caspian Pipeline Consortium (CPC) export terminal disrupted flows, tightening supplies from one of OPEC+’s largest non-core contributors and forcing operators to curtail production, Reuters reported on Thursday. Output dropped in the first two days of December after storms and structural …

Crude oil exports from the Russian terminals on the Black Sea were much lower in November than originally planned as bad weather and Ukrainian attacks on infrastructure have delayed loadings and departures, Reuters reported on Thursday, quoting sources in the industry. Both the port of Novorossiysk and the CPC terminal …

As concerns mount about looming heating and electricity shortages in Kyrgyzstan this winter, Kazakhstan and Uzbekistan have pledged to help Bishkek avert a crisis. Fears about shortages stem from extremely low water levels in the Toktogul reservoir, a major source of hydropower in Central Asia, as well as for water …