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Tanker tracking companies, meanwhile, see September surge in Iranian crude shipments with one describing “levels we haven’t seen in a year and a half”.
Warsaw has proposed that coal’s share in electricity generation will fall to 37-56% in 2030 and then to just 11-28% in 2040. Miners flatly reject the plan.
Innovation in electric batteries is central to electromobility and the transition to the green economy, but European firms have so far lagged behind their peers from East Asia.
State-run energy group has set a price range of €22.5-€28 for its shares and global depository receipts for the upcoming IPO in Vilnius and London.
Russia’s Sberbank has set out its climate agenda, which aims to reduce the bank’s carbon footprint and put climate risk at the top of its investment strategy.
The shift is motivated in part by energy considerations and in part by nationalist politics.
Agriculture to suffer but other sectors would benefit, as temperatures in Czechia are set to continue rising faster than the global average.
Remarks to European Parliament come as bloc moves towards possible imposition of sanctions on Ankara over east Mediterranean drilling rights dispute.
Polish mines will go on strike unless a deal is reached over Poland’s path to reduce the use of coal in its power sector, the country’s powerful mining unions said on September 14.
Turkish president tells French counterpart “not to mess” with his country, adding “you’re going to have more problems with me”.
Poland, which still produces over 70% of its electricity by burning climate-warming coal and lignite, has to build a cleaner energy mix in the coming decades.
Uzbekistan’s Bukhara refinery buys in Honeywell technology to help meet government’s oil and fuel ambitions
Facility will produce cleaner-burning Euro 5 standard petrol and diesel. Mirziyoyev administration would like to see an end to fuel imports.
Poland — one of the most emissions-intensive economies in Europe —wants to reduce coal’s share in the country’s energy mix to 37-56% in 2030 from the current figure of over 70%.
Russia has signed off on the Paris Accord this year and has joined the global fight to reduce greenhouse gas emissions. But it has only set itself modest targets and made modest progress.
White House alleged cargoes were bound for sanctioned Venezuela. Companies claim they sold gasoline onwards to UAE-based Citi Energy FZC and that it was destined for Trinidad for sale to customers in Peru and Colombia.
Poland’s huge mining sector is inefficient and loss-making while EU climate regulations and the rise of renewable power are limiting demand for coal.
Talk of “war” increasingly creeping into Turkey’s statements in East Med row with Greece, Cyprus and EU
EU to give dialogue another chance in Turkey row over Mediterranean resources but also draw up list of potential sanctions
Russia, Kazakhstan and Iran make top 10 in electricity consumption index for digital currency mining industry.
International mediation mechanism for Armenia, Azerbaijan conflict “does not seem fit for purpose” says former co-chair
Noting July skirmishes took place far from contested Nagorno Karabakh territory, former US diplomat says clashes “may have unleashed a dangerous new geopolitical dynamic” partly given their proximity to strategic oil and gas pipelines.