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NEWSBASE: A closer look at Niger with Savannah Petroleum

11 December 2019

Savannah is working to expand Niger’s oil production capacity in the Agadem Rift Basin, and it believes the country has the potential to attract additional outside investment.

Estonia and Latvia mull 1 GW offshore wind project

10 December 2019

Offshore wind farm to add to low-carbon energy sources in the Estonian and Latvian energy mixes, in line with the EU’s climate goals. Estonia’s electricity production currently relies on burning oil shale and is among the dirtiest in Europe.

Rouhani says Iran's "resistance budget" has “least possible dependence on oil”

8 December 2019

Sales of state bonds and properties to be used to help plug gap caused by lost orders for shipped crude.

Poland launches huge renewable energy auction in bid to improve energy mix

6 December 2019

Polish energy market regulator URE launched an auction for up to 2.5 gigawatts of onshore wind power capacity as Warsaw seeks to meet the EU-required target of a 15% share of renewable energy in final energy consumption by 2020.

Poland’s oil and gas giant Orlen plans takeover of utility Energa

6 December 2019

PKN Orlen aims to build a strong group capable of competing on the international market, but takeover plans raise questions about Energa’s controversial project to build a major new coal-fired power plant.

Putin accuses Bulgaria of deliberately delaying Turkish Stream

4 December 2019

Russian president claims Bulgaria is under "international pressure" to delay pipeline project, while section via neighbouring Serbia is nearly finished.

The price Europe pays for Russian gas fell to its lowest level in 15 years

4 December 2019

The price Europe pays for Russian gas fell to its lowest level in 15 years, according to Russian national gas company Gazprom’s accounts.

CEE “brimming with opportunities” in renewables — and airports

3 December 2019

In a sign of the complex politics surrounding climate change, CEE has huge opportunities for investment into two growth areas: renewable energy and airports, finds a new study by law firm CMS.

Saxo Bank’s Outrageous Predictions 2020

3 December 2019

What are the odds on China, Iran and Russia creating a new world currency? On Moscow slashing oil production? And on Hungary making a ‘Huxit’ while Trump gets an election hammering?

Russia's $55bn Power of Siberia gas pipeline to China comes online

3 December 2019

Russia’s Gazprom flagship Power of Siberia gas pipeline mega-project that connects Russia’s Siberian gas fields with China came online on December 2, after the investment of billions of dollars that will earn the company billions more

Iran’s oil export claims not without foundation says

2 December 2019

Satellite technology firm refers to 700,000 barrels a day possibly successfully shipped despite US attempt to drive consignments to zero.

Ukraine, Russia discuss new gas transit deal at bilateral meeting

2 December 2019

Ukrainian and Russian ministers extended talks for a new natural gas supply contract though Ukraine at a bilateral meeting in Vienna on November 28, Ukraine's energy ministry said in a press release that day.

Absurd maritime deal between Turkey and Libyans ignores presence of Crete says Greece

29 November 2019

Agreement set to further complicate disputes between Ankara and regional neighbours over rights to East Mediterranean energy resources.

Ukraine has 16 days left to do a transit deal with Gazprom

27 November 2019

Time has almost run out for Russia and Ukraine to strike a new gas transit deal before the previous one expires. There are 16 days left until December 13 before it becomes impossible to reach a new agreement ahead of the expiration of the contract.

Kazakhstan delays big oil, airline and telecoms IPOs again

27 November 2019

Officials act amid market uncertainty after hired advisers say they should wait on valuations to improve.

Rosatom rolls out the small modular reactor: a mini-nuclear power station to solve some big problems

26 November 2019

Time is running out for the planet. Next year is a crunch year when CO2 emissions must peak if we are to avoid an ecological disaster. Nuclear power is one of the few options we have. So Rosatom is rolling out small modular reactor (SMR).

Hungarian alternative energy company Alteo outlines ambitious growth strategy

26 November 2019

Alteo's five-year strategy sets out the goal of becoming Hungary's number one industrial energy supplier and reaching a 50% share in renewable sources in district heating.

Czech senator refers CEZ' sale of Varna TPP to Bulgaria’s prosecution

24 November 2019

Lukas Wagenknecht has asked the prosecution in Bulgaria to probe the deal due to suspicions that it was intentionally closed at a price that was not beneficial for state-owned CEZ.

Mystery buyer snaps up 3.6% of Gazprom with discount in second SPO this year

22 November 2019

Russian natural gas giant Gazprom sold 3.59% of its quasi-treasury shares at RUB220.7 per share, making a sizable 13% discount to market. Notably, the buyer of the stake is not disclosed, making it the second mystery SPO this year in Russia's largest

Russian Rosatom nuclear agency eyes maritime shipping market

22 November 2019

Russian state nuclear power agency Rosatom is planning a massive expansion in the maritime shipping market with an investment of up to $7bn

Putin says humanity will end up in caves if it abandons hydrocarbons

21 November 2019

If humanity completely abandons hydrocarbons in the energy sector it will “end up in caves”, Russian President Vladimir Putin told delegates at the VTB Russia Calling investment summit.

BOOK REVIEW: Why Germany’s commercial interests prevail in its dealings with big, bad Gazprom

21 November 2019

There is an enigma as to why German political and public opinion is in favour of the Kremlin’s controversial Nord Stream-2 gas pipeline. "The Bridge: Natural Gas in a Redivided Europe" by Thane Gustafson tries to solve the riddle.