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Indonesia targets $92bn to green its industrial power generation by 2050
Indonesia plans $31bn in investments by 2030 to decarbonise captive power, but remains constrained by coal dependence and uncertainty over international financing.
Indonesia records 836 Mt coal output in 2024 despite falling revenues
Indonesia’s coal overproduction has cut state revenues and company profits, while methane emissions from mines far exceed official figures.

OMS Energy turns to AI and robotics to capture global pipeline inspection market

OMS Energy is accelerating investments in artificial intelligence and robotics to position itself in the growing pipeline inspection and maintenance sector, a strategic segment with higher margins than traditional equipment manufacturing.
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Gunvor drops $22bn bid for Lukoil assets under US pressure
Swiss trader Gunvor has withdrawn its $22bn offer to acquire Lukoil’s international assets after the US Treasury announced it would block any related operating licence.
NG Energy reaches 40 MMcf/d gas output in Colombia through Aruchara-4 and Sinú-9 wells
NG Energy boosts its gas production in Colombia to 40 MMcf/d, with projected sales above $11.00 per MMBtu and expected profitability in Q4 2025.

Ormat Technologies increases its quarterly revenue by 17.9%

Ormat Technologies reported a rise in revenue for the third quarter, supported by solid performances in its Product and Storage segments, and revised its 2025 annual guidance upward.
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Gunvor rules out resale of Lukoil assets to Russia after acquisition
Commodities trader Gunvor confirmed that the assets acquired from Lukoil will not return under Russian control, despite potential sanction relief, amid growing regulatory pressure.
Western sanctions disrupt Lukoil’s international operations
Sanctions imposed by the U.S. and the U.K. are paralyzing Lukoil's operations in Iraq, Finland, and Switzerland, putting its foreign businesses and local partners at risk.

Global warming heads toward 2.5°C despite commitments

Current emission trajectories put the planet on course for a 2.3°C to 2.5°C rise, according to the latest UN calculations, just days before the COP30 in Belem.
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Eni and PETRONAS Create an ASEAN Upstream NewCo, $15B in Investments
The joint venture combines 19 assets (14 in Indonesia, 5 in Malaysia), aims for 300 kboe/d initially and >500 kboe/d, and focuses investments on gas to supply Bontang and the Malaysia LNG complex in Bintulu.
GCL signs two 100 MW solar projects with PLN IP in Indonesia
GCL Energy Technology strengthens its presence in Southeast Asia by partnering with PLN Indonesia Power to develop two 100 MW solar plants, both ground-mounted and floating, as part of the government’s Hijaunesia program.

The UN validates an Article 6.4 methodology for landfill methane

The Paris Agreement Crediting Mechanism formalizes a landfill-methane methodology, imposes an investment-based additionality test, and governs issuance of traceable units via a central registry, with host-country authorizations and corresponding adjustments required.
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Lukoil sells its African oil assets to Gunvor under pressure from US sanctions
Swiss trader Gunvor will acquire Lukoil’s African stakes as the Russian company retreats in response to new US sanctions targeting its overseas operations.
Structural imbalances hinder the efficiency of public climate finance
The study by Özlem Onaran and Cem Oyvat highlights structural limits in public climate finance, underscoring the need for closer alignment with social and economic goals to strengthen the efficiency and resilience of public spending.

Singapore invests heavily in civil nuclear power and regional energy networks

Singapore strengthens its energy strategy through public investments in nuclear, regional electricity interconnections and gas infrastructure to secure its long-term supply.
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LNG Energy Group settles $10.7mn debt and exits insolvency in Colombia
LNG Energy Group finalised a court-approved reorganisation agreement in Colombia and settled a major debt through asset transfer, while continuing its operational and financial recovery plan.
Baker Hughes reports $8.2bn in orders in Q3 despite net income decline
Baker Hughes recorded a 23% increase in orders in Q3 2025, driven by its gas segment, while net income fell 20% year-on-year to $609mn.

Indonesia Energy signs agreement with Aquila Energia for hybrid projects in Brazil

Indonesia Energy Corporation partners with Aquila Energia to develop two pilot projects combining solar and natural gas to power data centres in Brazil, under a non-binding framework supported by both governments.
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Gran Tierra signs $200mn prepayment deal and adjusts debt structure in Colombia
Gran Tierra Energy has signed a crude oil sale agreement with a $200mn prepayment and amended its Colombian credit facility to improve financial flexibility.
Ecopetrol secures COP700 000 million local loan to cover operational spending
Colombian company Ecopetrol has secured authorisation to borrow COP700 000 million ($171mn) from Banco Davivienda to bolster its liquidity over a five-year period.
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CNOOC launches ninth offshore project in 2025 in the South China Sea
Sembcorp completes acquisition of 300 MW solar plant in India
Three new wind farms approved to add 792 MW of capacity in Québec
Global wind industry suffers historic downturn in 2025 despite Chinese resilience
Heirs Energies secures $750mn financing to strengthen production capacity
Morocco modernizes its gas sector with a new law and a public operator
Morocco adopts a draft law structuring the natural gas industry, aiming for enhanced regulation and the establishment of a public operator to oversee infrastructure.
China and the Future of Coal: A Plateau at 8.77 Billion Tonnes by 2027
As coal reaches a historic peak in 2024, renewable energy reshapes global dynamics. In China, where one-third of the world’s coal is consumed, the energy transition remains a pivotal factor for the sector's future.

Indonesia invests $115 million in Philippine solar energy

Pertamina, an Indonesian state-owned actor, acquires 20% of Citicore Renewable Energy Corporation to fund green energy projects in the Philippines, bolstering its regional strategy.
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Tajikistan Relies on Hydropower to Overcome Energy Shortages
Facing water shortages worsened by climate change, Tajikistan invests in the Rogun Dam, a colossal infrastructure project that could become the world’s tallest hydroelectric dam and transform the country’s energy future.
Indonesia Selects Toshiba to Equip Patuha Geothermal Plant with Additional 60 MW
Toshiba will equip Unit 2 of the Patuha Geothermal Plant in Indonesia, adding 60 MW to strengthen the country’s energy capacity and support its ambitious climate goals.

The Development of Strategic Electric Interconnections

Electric interconnections have reshaped global energy systems, enabling cross-border cooperation and economic stability. Rooted in Oxford Energy Institute research, this piece highlights key agreements, technological milestones, and the diplomatic strategies driving these transformative infrastructures.
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France sets electricity export record with 89 TWh in 2024
In 2024, France achieved an unprecedented net electricity export level of 89 TWh, driven by a restored nuclear production and strengthened renewable performance.
Ecopetrol acquires 45% of Repsol in block CPO-09 for 41 million barrels
Ecopetrol finalizes the purchase of Repsol's 45% stake in the CPO-09 oil block, adding 41 million barrels to its reserves and strengthening its strategic position in the Llanos Orientales basin.

China Plans 330 Million Tons of Coal Imports in 2025

China confirms its central role in the Asian coal market with a forecast of 330 million tons of coal imports in 2025, according to an Australian report.
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A waste-based sustainable aviation fuel (SAF) project launched in Indonesia
NextChem, a subsidiary of Maire, is developing a SAF plant in Sumatra using used oils and local biomass effluents, promising up to a 95% reduction in aviation emissions through innovative technologies.
Colombia sanctioned for violations on 370 km of U’wa indigenous lands linked to energy projects
The Inter-American Court of Human Rights has condemned Colombia for violating U'wa rights by approving seven energy projects impacting 370 km of their protected ancestral lands.

ABB strengthens its business strategy in renewable energy with the acquisition of Gamesa Electric

The Swiss-Swedish group ABB acquires strategic activities from Gamesa Electric, consolidating its business strategy in renewable energy through equipment for wind, solar, and storage.
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Kenya: 40% of Global Growth in Geothermal Energy in Ten Years
With 40% of the global growth in geothermal capacity over ten years, Kenya emerges as a key player thanks to its ambitious renewable energy projects.
Global coal demand reaches record in 2024 but stabilizes until 2027, says IEA
Global coal demand peaked at 8.77 billion tons in 2024. Thanks to the rise of renewable energy, it is expected to stabilize by 2027, according to the International Energy Agency (IEA).

Axpo launches a new hydrogen plant in Switzerland to strengthen its industrial positioning

Axpo and its partners have started construction of a hydrogen plant in Bürglen. This facility will produce 260 tonnes of hydrogen annually for industrial and mobility applications.
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The IFC invests $30 million in an energy fund to strengthen its strategy in Africa
The International Finance Corporation (IFC) injects $30 million into Inspired Evolution Fund III, a fund focused on renewable energy, as part of its diversification and expansion strategy in Africa's growing markets.
Morocco provides Niger with a 20 MW power plant to address supply deficits
Niger has received a 20 MW diesel power plant as a strategic donation from Morocco. This project aims to strengthen local production in a context marked by high dependency on Nigeria for energy supply.

Record-breaking Climate Temperatures in 2023-2024: A Warning Signal for Scientists

Global temperatures in 2023 and 2024 shattered records, leaving climatologists grappling with urgent questions about the causes of such unprecedented overheating.
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The IEA predicts 800 GW of geothermal installations by 2050
Geothermal energy could meet 15% of the global electricity demand by 2050, according to the International Energy Agency. This potential relies on cost reductions and increased technological adoption.
Indonesia Faces the Colossal Challenge of a Coal-Free Energy Transition
President Prabowo Subianto commits to eliminating coal power plants by 2040, marking an unprecedented ambition. This radical shift poses significant technical and financial challenges as the country remains heavily reliant on coal.
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