Free Top Stories
Poland’s coal production falls to all-time low in May
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.
Macron accuses Erdogan of massively importing jihadists into Libya
Calls it a “criminal” intervention by “a country which claims to be a Nato member”.
Final licence for €12.5bn expansion of Paks power plant could be issued by September 2021
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
Western Balkan coal power plants still greatly exceed pollution limits
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.
Iranian rial drops to weakest ever level versus dollar
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.
Iran ‘plans to make sanctions defying shipping of fuel to Venezuela permanent’
If successful, the strategy will simultaneously get up the nose of Washington and help to relieve Iranians of an unexpected domestic supply glut.
Romania moves to terminate talks with Chinese partner in nuke project
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
Turkey to build gas pipeline to supply Nakhchivan
The move would sideline Iranian gas sales to the Azerbaijani exclave and help Ankara get back in Washington’s good graces.
Is Libya the new Syria?
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’s green energy disaster is sliding towards a power crisis
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
Once-in-a-1,000-year snow melt floods hydropower plant on Russia’s far northern coast
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.
Kazakhstan’s wealth fund sells 6.3% stake in world’s biggest uranium miner Kazatomprom
Privatisation programme of Central Asia’s biggest economy takes another baby step.
Russian fuel spill declared federal emergency
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.
Turkey’s electricity consumption collapses 17% in May
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.
Malta seizes $1.1bn worth of “counterfeit” Libyan dinars printed by Russian state-owned company
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.
Trump Towers Istanbul partner ‘lobbied White House for vast expansion of US-Turkey trade’
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.
Hardline daily celebrates Venezuela arrival of Iranian fuel tankers as “humiliation for America”
Czech utility CEZ to expand nuclear plant with state support
New block at the Dukovany nuclear power plant is expected to come online in 2036.
Follow us online