Energy

Grid failure triggers blackouts in Ukraine and Moldova

Ukraine’s energy minister said a technical malfunction on power lines linking Ukraine and Moldova caused a cascading outage that led to emergency power cuts across multiple Ukrainian cities and in Moldova on January 31, 2026.

Venezuela moves to open its oil sector to private investment

Interim President Delcy Rodriguez signed an oil-sector reform bill into law after the National Assembly passed it, changing the legal framework to allow increased privatisation of Venezuela’s nationalised oil industry.

TotalEnergies relaunches Mozambique LNG buildout

TotalEnergies announced it has restarted construction of its $20bn LNG project at Afungi in Mozambique’s Cabo Delgado province after a suspension since 2021.

NTPC Green Energy and GAIL approve 50:50 joint venture to develop renewable energy projects

NTPC Green Energy said its board approved a 50:50 joint venture agreement with GAIL (India) Ltd to undertake renewable energy projects, subject to approvals from the Ministry of Power, DIPAM, and other statutory authorities as applicable.

Ukraine appoints a new defence minister and moves the former defence minister to the energy ministry

Ukraine’s parliament confirmed Mykhailo Fedorov as defence minister and appointed Denys Shmyhal as energy minister and first deputy prime minister during a second attempt to fill the posts.

Ukraine appoints new defence minister and confirms energy minister in second vote

Ukraine’s parliament confirmed Mykhailo Fedorov as defence minister and appointed Denys Shmyhal as energy minister and first deputy prime minister in a second attempt.

BP plans up to $5bn writedown as it pivots away from green energy and back to fossil fuels

BP said it expects to write down up to $5bn from its green energy transition businesses as it refocuses on oil and gas while facing weaker oil trading and lower oil prices.

US claims control over Venezuela’s interim government as Maduro is held in New York on drug charges

The Trump administration said it will dictate decisions to Venezuela’s interim authorities as Nicolas Maduro and Cilia Flores were abducted in a US military offensive and taken to New York to face drug trafficking charges.

Supreme Court sets aside customs duty demand on Adani Power electricity from Mundra SEZ

The bench directed the power ministry and customs authorities to refund the amount Adani Power deposited for electricity supplied between September 16, 2010 and February 15, 2016 within eight weeks, with no interest.

US sanctions oil tankers moving Venezuelan oil

The new US sanctions target four companies and their tankers, aiming to cut financial support to Maduro's government.

Inox Clean Energy acquires Macquarie's Vibrant Energy for $200 million to expand renewable portfolio

Inox Clean Energy acquired Macquarie-owned Vibrant Energy for $200 million, adding 1.3 GW to its renewable portfolio and progressing toward a 3 GW target by FY26.

Africa's solar power revolution is finally happening

Africa is experiencing a surge in solar power installations, driven by a significant influx of Chinese solar panels. This shift is crucial for addressing the continent's energy needs.

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