Keong Hong and Helios Photovoltaic to explore renewable energy
Keong Hong Holdings signed a memorandum with Helios Photovoltaic to examine potential cooperation in renewable energy and other areas.
Keong Hong Holdings Ltd
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CLP Holdings Names Philip Lawrence Kadoorie Vice Chairman
CLP Holdings has appointed Philip Lawrence Kadoorie as vice chairman of its board, according to Reuters. The move changes the company’s leadership structure.
CLP Holdings
Annica Holdings unit to assess Thailand oil and gas market
Annica Holdings’ subsidiary signed an MoU with PJ Energy Services to explore opportunities in Thailand’s oil and gas services and equipment sector.
Annica Holdings LtdPJ Energy ServicesThailand oil and gas services
TotalEnergies and KKR expand US solar venture by 700 MW
Zawya reports that TotalEnergies and KKR will add 700 MW of solar projects in Texas and Ohio, lifting their US joint venture to 2.1 GW. Completion is expected during 2026.
TotalEnergiesKKRUS solar power
Deleum agrees to sell 86.67% of Deleum Technology Solutions
Deleum Bhd has agreed to sell an 86.67% stake in Deleum Technology Solutions to Ocean Vantage Holdings for 13 million ringgit in cash.
Deleum BhdDeleum Technology SolutionsOcean Vantage Holdings
Qatar speeds up solar projects to cut gas reliance in power mix
Qatar plans to lift renewables from 12% of total power capacity in 2025 to 25.9% by 2035, while gas remains central to the system.
Qatar natural gasQatar solar PVQatar power capacityQatar desalination
Asian diesel margins slip as prompt spreads deepen backwardation
Asian diesel margins fell to just above $60 a barrel, while prompt timespreads moved into deeper backwardation amid expectations of higher supply.
GasoilJet fuelBrentGasoil-Brent crackEast-West spreadsGO10-SIN-DIF
GP Petroleums targets turnover growth to ₹3,000 crore
GP Petroleums plans to combine overseas assets and expand automotive lubricants, targeting turnover of about ₹3,000 crore versus roughly ₹643 crore in FY26.
GP PetroleumsRepsolCastrolValvoline
Indonesia warns of possible palm oil output drop in 2027
Indonesia could cut palm oil output by 4–5 million tonnes in 2027, while B50 biodiesel demand may tighten exports and support prices.
Palm oilBrentUSD/INRBungeADM Agro IndustriesPatanjali Foods
Oil advances for a third day as Middle East security risks intensify
Oil moved above $92.5 a barrel after fresh regional attacks. Persian Gulf shipments recovered to 17.5 million bpd, or about 98% of pre-war levels.
Crude oilBrentDieselStrait of HormuzSaudi ArabiaRussia-Ukraine
UK and EU gas prices reach four-week highs amid annual gains
UK gas rose to 207.42 GBp/thm and EU gas to 83.48 EUR/MWh, with both benchmarks reaching their highest levels since September 2026.
UK Natural GasEU Natural Gas
Nordex Orders Gain International Diversity, Berenberg Says
Nordex posted higher third-quarter sales as its order mix became more international. Shares gained 3% to 36.5 euros, according to Dow Jones Newswires.
NordexNordex shares
Tanker Rates Jump as Attacks and Longer Routes Tighten Middle East Supply
Dow Jones Newswires, citing ANZ, reports that Middle East tanker costs and vessel prices have jumped as attacks and longer routes reduce availability.
VLCC freight ratesTanker pricesMiddle East oil flows
Scorpio Group secures Kuwait contract for five used tankers
Monaco-based Scorpio Group will sell Kuwait five used petroleum product tankers as the Gulf state seeks to expand its exports of refined products.
Kuwait petroleum productsKuwait Oil Tanker CompanyScorpio GroupKuwait oil tankers
ITM Power agrees terms for 150 MW green hydrogen project
ITM Power has agreed initial terms with Hydropulse for a 150 MW green hydrogen project. Investment approval is targeted for 2027 and output for 2029.
ITM Powergreen hydrogenelectrolysers
Kuwait to seek bids for a new sour gas pipeline
Kuwait’s CAPT approved a KOC request to launch a public tender for a 24-inch export pipeline designed to carry sour gas.
Kuwait crude oilKuwait natural gasKuwait petrochemicals
SARCO says Saudi green hydrogen project MoU has expired
SARCO said its non-binding MoU with UAE-based Go Energy for a Saudi green hydrogen and ammonia project expired without a final deal.
SARCOGreen hydrogenAmmonia
EKPO to present hydrogen fuel-cell systems for specialty vehicles
EQS reports that EKPO will display its fuel-cell portfolio and HyFleet hydrogen vehicle at Hamburg’s expo from October 20 to 22, 2026.
ElringKlinger AG (DE0007856023)HydrogenFuel-cell technology
Brent Rises Above $105.5 as Middle East Security Risks Mount
Brent rose past $105.5 to a more-than-two-week high as Gulf and Yemen attacks heightened security concerns, despite relatively resilient regional exports.
BrentDieselOil tanker freightSaudi ArabiaIranRussia
Shenzhen Gas reports preliminary 26.7% rise in nine-month net profit
Shenzhen Gas Corp Ltd posted preliminary nine-month net profit growth of 26.7% year on year, Reuters reported.
Shenzhen Gas Corp Ltd