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Hungary asks for exemption from US sanctions for Russia's Gazprombank
Foreign minister says the sanctions could cause serious difficulties for Hungary, Slovakia, Turkey and Serbia, which use the bank to pay for Russian oil supplies.
Czechia to open oil reserves after Russia halts Druzhba pipeline flows
Russian move seen as reaction to Czech statement that it won't ask for the prolonging of its exemption from the EU ban on imports of petroleum products made from Russian oil.
Powering the future: Africa’s competitive advantage in the global battery market
Africa's vast critical mineral reserves – including cobalt, lithium and manganese – are now central to the global rush for battery materials.
South Africa: SAPVIA expects further growth for solar energy sector in 2025
The South African Photovoltaic Industry Association (SAPVIA) has said that electricity demand in 2024 and 2025 is projected to grow at one of the highest rates seen in the last two decades.
Afreximbank and JE Energy sign financing agreement to support Guyanese crude exports
CrossBoundary Energy secures $140mn to scale renewable energy portfolio across Africa
Polish energy stocks tank over fears government will ditch coal takeover strategy
The previous Law and Justice government planned to spin off coal assets of PGE, Tauron and Enea to a new entity,
UN plastic pollution talks collapse as volume of waste escalates
The failure of recent global talks in Busan, South Korea, to produce a landmark treaty to combat plastic pollution, has underscored the complexities and challenges of addressing one of the planet’s most pressing environmental and climate issues.
The world has passed peak per capital CO₂ emissions, but overall emissions are still rising
The world has passed peak per capital CO₂ emissions, Our World in Data reported on December 3. However, emissions overall continue to rise.
Iran sees huge green energy opportunities in biomass plants
Iran’s Renewable Energy and Electricity Efficiency Organisation, known as SATBA, plans to generate 550 MW of electricity per day by developing biomass power plants.
GLNG: Woodside’s CEO says it will add partners to Louisiana LNG project before March
Saudi Arabia launches UN desertification talks with $150mn pledge
Saudi Arabia launched United Nations talks on combating desertification on December 2, pledging $150mn over the next decade to tackle land degradation that threatens billions of people globally.
The hurricane season in 2024 was weird
The Atlantic hurricane season of 2024 was a weird one. It both produced more, and more destructive, hurricanes than usual, but at the same time it had a calm hole in the middle where there should have been at least four hurricanes.
Gas prices rising as EU storage tanks empty faster than usual
Gas withdrawals from EU underground storage tanks have accelerated as Europe suffers from the first cold snap of winter. Gas tanks were 85.5% full as of December 1, having peaked at 95.3% full on October 29, according to Gas Infrastructure Europe.
US imposes preliminary duties on Southeast Asian solar imports
The US Commerce Department has announced preliminary duties of up to 271% on solar imports from Southeast Asia, citing findings that these products are being sold below production costs, harming domestic manufacturers
DMEA: Nigerian fuel smugglers continue to profit
FSUOGM: Turkey seeks US waiver from Gazprombank sanctions
MEOG: ADNOC considering share sale in gas arm
Bezos-backed consortium provides $20mn to build 20-MW battery energy storage system in Malawi
Southeast Asia’s rising energy demands and what lies ahead
As Southeast Asia continues to grow economically and urbanise at a rapid pace, the region is emerging as a key player in global energy markets
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