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The coronavirus lockdown resulted in lower demand from industry in May, but the mining industry was already facing financial problems due to falling demand and rising production costs.
Calls it a “criminal” intervention by “a country which claims to be a Nato member”.
After years of delay, project company Paks II will submit the application for a final license to the National Atomic Energy Office on June 30.
Kolomoisky’s Ukrtatnafta oil company wins Defence Ministry fuel supply contract despite offering a price that is a third higher than the others
Ukraine’s oil company Ukrtatnafta, which is controlled by oligarch Ihor Kolomoisky, has won a tender to supply the Ministry of Defence with 3,500 tonnes of aviation fuel despite asking a price that was almost a third higher than the lowest offer
Levels of sulphur dioxide emitted by power plants in the EU-aspiring region exceed pollution limits by almost six times, finds a new report from Bankwatch.
As currency hits 200,000 threshold, officials reportedly warning exporters to bring their hard currency earnings home.
LONG READ: Construction work on Belarus’ Ostrovets nuclear power station almost complete, but is it safe?
Construction work at Belarus’ Ostrovets NPP is coming to an end and it is expected to come online in July. But the facility remains a bone of contention with its neighbours, who simply don't trust the Belarusians to run a nuclear facility
Europe and Nato’s Libya nightmare outcome would leave Russian and Turkish military bases staring across the Med
Ankara reportedly discussing lasting military presence with Tripoli ally. Russia has flown fighter jets to desert sites controlled by rebel forces.
If successful, the strategy will simultaneously get up the nose of Washington and help to relieve Iranians of an unexpected domestic supply glut.
Bucharest asked Nuclearelectrica to terminate talks with CGN on expanding Cernavoda nuclear power plant, as discussions yielded no results in seven years.
Green energy companies reach a compromise with the Ukrainian government to avert an energy crisis this summer
Green energy investors into Ukraine have struck a compromise deal with the government, which wants to drastically cut the green energy tariffs retroactively, sparking a mass protest by Ukraine’s most significant direct foreign investors
The move would sideline Iranian gas sales to the Azerbaijani exclave and help Ankara get back in Washington’s good graces.
In brazen move, Russia flies squads of fighter jets to desert airfields after Moscow-allied rebel commander is pushed back by Turkish-backed forces in civil war. US now worried Kremlin might shape the conflict.
Ukraine is heading towards a power crisis in the next few weeks if the government cannot come to terms with the irate owners of the country’s burgeoning green energy sector
There were more melting permafrost problems for Russia’s energy infrastructure after the TGK1 power station near Murmansk reported that two of its hydropower units were flooded with “abnormal water inflow” due to melting snow.
Privatisation programme of Central Asia’s biggest economy takes another baby step.
The Kremlin has declared a spill of diesel fuel at the power plant of Norilsk Nickel metals major in the Krasnoyarsk region as a federal emergency, and heads may start rolling as deep structural ESG dangers are exposed.
Some analysts see indicator as more reliable than GDP, industrial output and PMI data when it comes to assessing extent of industrial activity in country.
The US State Department has announced that Malta seized $1.1bn worth of “counterfeit” Libyan dinars that were travelling by ship to the Libyan parallel government and were printed by the Russian state-owned company Goznak.
News service uses documents deposited by PR firm to reveal Mehmet Ali Yalcindag’s activities. Now head of Turkey-US Business Council, the businessman, once called a “close friend” by Donald Trump, is pushing to build up agriculture and LNG shipments.
New block at the Dukovany nuclear power plant is expected to come online in 2036.