Tag:

Energy Supply

S. Korea, African nations explore cooperation on energy and supply chains

Foreign ministers from South Korea and dozens of African countries gathered in Seoul on Monday to discuss ways to strengthen cooperation for shared growth and to jointly address supply chain disruptions and other global challenges, according to Seoul's foreign ministry.

01 Jun 2026-11:40
Japan, South Korea push for closer cooperation on stable energy supply

Japanese Prime Minister Sanae Takaichi and South Korean President Lee Jae Myung are expected to agree on strengthening cooperation to ensure a stable supply of energy resources when they meet on Tuesday, amid global disruptions linked to the Middle East conflict.

19 May 2026-10:44
India raises commercial LPG cylinder price sharply

01 May 2026-16:32
IEA warns of major LNG losses from Middle East war

24 Apr 2026-11:59
Australia expands diesel stockpile with new shipment

Australia has announced it has secured an additional 100 million litres (around 628,000 barrels) of diesel as part of measures aimed at protecting fuel supplies from global instability linked to the ongoing conflict in the Middle East.

24 Apr 2026-11:16
Azerbaijan, Turkmenistan, Kazakhstan – where will Georgian refineries buy oil?

Georgian company Black Sea Petroleum (BSP), which owns the country’s only oil refinery in Kulevi (Kulevi Oil Refinery), plans to fully phase out Russian crude and rely instead on Azerbaijan’s transit infrastructure to access alternative supplies. The announcement was made by BSP co-founder and CEO David Potskhveria in an interview with BMGTV.

15 Apr 2026-08:58
South Korea signals willingness to contribute to efforts to reopen Strait of Hormuz

South Korea has signaled it is willing to participate in international efforts to ensure safe and free passage through the Strait of Hormuz, its foreign ministry said.

21 Mar 2026-12:42
Saudi Aramco warns Hormuz disruption could devastate oil markets

Saudi Aramco warned that continued disruption to shipping in the Strait of Hormuz could have “catastrophic consequences” for global oil markets as the conflict involving Iran intensifies.

10 Mar 2026-12:59
India pushes refiners to boost LPG production

India has invoked emergency powers and ordered oil refiners to maximize production of liquefied petroleum gas (LPG) to prevent potential shortages of the cooking fuel following supply disruptions linked to the Middle East crisis, according to a government order.

06 Mar 2026-12:12
How a Middle East war could affect oil prices

Middle East remains the epicenter of global hydrocarbon supply.

02 Mar 2026-23:11