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France puts pressure on EU to scale back ESG reporting requirements
The EU’s ESG reporting requirements are set to face a stiff challenge as the French government is preparing to submit proposals to curb the scope of ESG regulatory requirements.
ExxonMobil, QatarEnergy kick off exploration drilling off Cyprus
ExxonMobil and QatarEnergy have commenced exploratory drilling for natural gas at the Electra prospect west of Cyprus.
Ukraine's stored gas falls to critically low levels, imports urgently needed
Ukraine's natural gas reserves in its massive underground storage tanks have fallen to a critical level and the country urgently needs to import more gas, says Serhiy Makogon, the former head of Ukraine's gas transit operator.
Solar generation tops coal for first time in EU in 2024
The EU reached a key milestone in 2024 as solar power surpassed coal use for the first time in the bloc’s history.
Nigerian marketers may drop Dangote Refinery in favour of low-cost imports
Nigerian oil marketers revealed this week that the price of petrol imports had dropped from N955 ($0.61) per litre to N922.65 ($0.59), with the price encompassing import duties, shipping fees and exchange rate fluctuations.
Transparency International Bangladesh urges new renewable energy plan free from fossil fuel lobby
Transparency International Bangladesh (TIB) has urged the development of a new national energy master plan prioritising renewable energy and eliminating the influence of the fossil fuel lobby
KBR wins contract to support Saudi sustainability work
KBR has been awarded a contract to support Saudi Aramco’s sustainable energy production efforts
Denmark approves preservation work at damaged Nord Stream 2 gas pipe
Denmark’s Energy Agency announced on January 28 that it had authorised Nord Stream 2 AG, a subsidiary of Russia’s Gazprom, to carry out preservation work on the Nord Stream 2 gas pipeline in the Baltic Sea.
Mexico's $20bn refinery crisis threatens energy sovereignty
The ambitious Dos Bocas refinery project in Mexico, once hailed a symbol of energy independence under President Andrés Manuel López Obrador (AMLO), is now facing severe setbacks that threaten its future.
Trump calls on OPEC to ramp up oil supply
"Right now the price is high enough that that war will continue," Trump said at Davos.
EU ministers agree gradual lifting of sanctions on Syria
European Union foreign ministers endorsed a roadmap for the lifting of sanctions against Syria on 27 January during a meeting in Brussels.
Expect no sanctions relief for Russian LNG
Preventing more Russian LNG entering the fast-growing gas markets of Asia over the coming years will help ensure extra US supply has a home.
ADNOC Gas signs $450mn supply deal with Japan’s JERA
United Arab Emirates’ state-run ADNOC Gas has signed a three-year LNG supply deal worth $450mn with Japan’s largest power generation firm, JERA.
Russian LNG exports hit new record in 2024
Russia exported a record 33.6mn tonnes of LNG in 2024, up 4% from the previous year, according to data from Kpler cited by Russian news agency RBC this week.
EU gives Moldova €30mn as short-term fix to energy crisis and promises longer-term plan
Targeted support to restore electricity and heat supply in the separatist Transnistria region.
Romanian energy minister slams EU’s "green shock therapy"
Sebastian Burduja’s comments align with growing resistance to EU green policies in Central and Eastern Europe.
PANNIER: Taliban’s relations with Central Asia imperilled as Trump turns off aid taps
Afghanistan pays for electricity and food imports with US development assistance. No more?
Uzbekistan boasts Central Asia’s best wind and solar energy potential, says expert
At the same time, projects face difficulties including corruption, resource management inefficiencies and climate threats such as sandstorms.
Nigerian president to inaugurate five mini LNG projects
Nigerian President Bola Tinubu will inaugurate the construction of five mini liquefied natural gas projects in Ajaokuta on January 30.
US poised to cut Venezuelan oil ties as supply glut looms
Venezuela, once a significant supplier of crude oil to the United States, may be on the brink of losing its position as a key energy partner as Trump floats plans to end export licences.
Feed-in-tariff costs for Japanese solar in 2025 set at JYP10 per kw/h
For fiscal year 2025, Japan’s feed-in tariff (FIT) price for electricity generated from solar energy has been set at JPY10 per kilowatt hour.
Pakistan urges World Bank to fund smart meter project
Pakistan’s Power Minister Awais Leghari has sought financial backing from the World Bank to install smart meters at distribution-level transformers.
US sets February 27 deadline for discharging Russian oil tankers
The United States has clarified to India that tankers carrying Russian oil must offload their cargo by February 27 under newly imposed sanctions aimed at curbing Moscow's oil revenue
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