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Washington strengthens ties with Pakistan over minerals and hydrocarbons
The United States plans to collaborate with Pakistan on critical minerals and hydrocarbons, exploring joint ventures and projects in strategic areas such as Balochistan.
ACEN reaches 2,100 MW of attributable renewable capacity in India
ACEN strengthens its international strategy with over 2,100 MWdc of attributable renewable capacity in India, marking a major step in its expansion beyond the Philippines.

OPEC Revises Global Oil Forecasts for 2026 to 106.5 Million b/d

OPEC's August report reveals Russian production above quotas and commercial dominance in Asia, while Kazakhstan massively exceeds its reduction commitments.
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Pakistan Refinery purchases Nigerian Bonny Light from Vitol for the first time
Pakistan Refinery Limited is preparing to import Bonny Light crude oil from Nigeria for the first time, reflecting the expansion of Asian refiners’ commercial partnerships amid rising regional costs.
India launches a two-pronged strategy to accelerate nuclear power by 2047
India unveils a national plan to boost nuclear capacity to 100 GW by 2047, combining large reactors and small modules, with a strengthened regulatory framework and new public-private partnerships.

HYLENR raises $3 mn to accelerate commercialisation of its industrial LENR reactors

Start-up HYLENR finalises a strategic $3 mn fundraising to move from pilot phase to industrialisation of its low-energy nuclear reaction systems for industrial heat production.
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Yanara gains independence to accelerate renewable project expansion in Asia-Pacific
BrightNight’s Asian subsidiary becomes Yanara and positions itself as an independent player to strengthen the development of large-scale renewable energy solutions in the Asia-Pacific region.
India sends top adviser to Moscow as US steps up pressure on Russian oil imports
The visit of India's national security adviser to Moscow comes as the United States threatens to raise tariffs on New Delhi due to India’s continued purchases of Russian oil.

Siemens Energy sets order record and raises 2025 annual outlook

Siemens Energy posts historic third-quarter orders, significant revenue growth and lifts its dividend ban, reinforcing its backlog strength and ambitions for profitable growth in 2025.
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Ember: Merchant battery storage in India reaches 17% return in 2025
According to Ember, the profitability of battery storage on Indian wholesale markets is rising sharply, driven by the rapid decline in costs and high volatility in electricity prices.
Gentari signs 80 MW wind power purchase agreement with AWS in India
Gentari and Amazon Web Services have entered into an 80 MW power purchase agreement in India, marking a major step for large-scale wind energy development in the region.

OPEC+ Accelerates Production Hikes Amid Shifting Oil Market Dynamics

Eight OPEC+ countries boost output by 547,000 barrels per day in September, completing their increase program twelve months early as Chinese demand plateaus.
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India rejects Trump’s tariff threats over Russian oil purchases
New Delhi calls US sanctions unjustified and denounces double standard as Trump threatens to substantially increase tariffs.
Aramco maintains resilience with $24.5 billion profits in second quarter 2025
The Saudi oil giant posts solid results despite falling oil prices. The company pays $21.3 billion in dividends and advances its strategic projects.

Indian Oil Corp acquires 7 mn barrels from the United States, Canada and the United Arab Emirates

Faced with falling discounts on Russian oil, Indian Oil Corp is purchasing large volumes from the United States, Canada and Abu Dhabi for September, shifting its usual sourcing strategy.
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India navigates between US sanctions and Russian oil dependence
Facing US secondary sanctions threats, Indian refiners slow Russian crude purchases while exploring costly alternatives, revealing complex energy security challenges.
First Solar raises annual outlook after new import tariffs
First Solar anticipates higher revenue for the current year, driven by an increase in solar panel prices following the introduction of new import tariffs.

Ember: Slow national ambitions hinder global tripling of renewables

The progress of national targets for renewable energy remains marginal, with only a 2% increase since COP28, threatening the achievement of the tripling of capacity by 2030 and impacting energy security.
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US tariff ultimatum pushes India towards new Asian trade alliances
Sanctions imposed on August 1 accelerate the reconfiguration of Indo-Pacific trade flows, with Vietnam, Bangladesh and Indonesia emerging as principal beneficiaries.
Trump imposes 25% plus mystery penalties on India from August
Washington triggers an unprecedented tariff structure combining 25% fixed duties and an additional unspecified penalty linked to Russian energy and military purchases.
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Renewable energies: TOTAL steps up its presence in India
Total and Adani subsidiary AGEL have set up a joint venture to increase their renewable energy portfolio in India from 2.1 GW to 2.3 GW through new solar power plants. This collaboration reinforces Total's commitment to renewable energies in India, contributing to the country's ambition to become a regional leader in this sector.
Hydroelectricity: World Bank invests in Pakistan
The World Bank is investing $1.15 billion in hydropower in Pakistan, boosting renewable energy production and creating new infrastructure to transform the energy landscape and reduce dependence on oil.
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