Free Top Stories

More help needed for Ukraine’s ravaged energy sector

16 December 2024

A multi-million-euro fund launched by Ukraine’s European allies to help the war-ravaged energy sector is running low on cash as power providers struggle to keep the lights on this winter.

Kosmos, Tullow in early talks on potential merger to create West Africa-focused producer

16 December 2024

US oil and gas company Kosmos Energy on December 12 confirmed it was in early talks for an all-share acquisition of Tullow Oil, a London-headquartered independent energy company, following media speculation

Moldova announces it has enough natural gas reserves for the entire winter

16 December 2024

Moldovagaz says it has already purchased 747.9mn cubic metres of natural gas ahead of the expected cut-off of Russian gas supplies via Ukraine.

Iranian oil sales to China nosedive as fresh sanctions bite

15 December 2024

Iran’s oil exports to China have dropped to a record low in two years, a senior analyst at consultancy HedgePoint said, an indication that recent US sanctions cracking down on Iranian crude have been delivering.

COMMENT: Will the US exit Syria, return its oil fields?

15 December 2024

The United States is now confronting a complex decision about its military presence in the country's oil-rich northeast.

Geothermal energy poised for major global expansion, says IEA chief Fatih Birol

15 December 2024

"Geothermal energy could see transformative global growth thanks to advancements in technology and expertise from the oil and gas sector," the International Energy Agency (IEA) said in a report groundbreaking report released on December 13.

First major oil spill by Russia's shadow fleet as major storm rips oil tanker apart in Kerch straits

15 December 2024

A major storm ripped a Russian oil tanker apart, tearing off its nose on December 15. A total of two ships have reportedly sunk as a result of the storm and at least four crew members are thought to have lost their lives, TASS reports.

Force majeure at Libya’s Zawiya Refinery threatens exports and oil expansion plans

15 December 2024

The declaration of force majeure at Libya’s Zawiya Refinery by Libya’s National Oil Corporation on December 15 has put plans to boost crude production in doubt and raised concerns over NOC's ability to meet its oil export obligations.

US expected to impose sanctions on Serbia's NIS over Russian ownership

15 December 2024

Serbia president says US sanctions targeting Gazprom-owned NIS will take effect in the coming days, with the UK likely to follow.

Tajikistan: Rogun Dam is a white elephant in the making – report

13 December 2024

Dushanbe needs to diversify power generation sources.

Moldova enters state of emergency, Transnistria stockpiles firewood

13 December 2024

The separatist Transnistria region will stockpile firewood and introduce rolling blackouts after the expected end of Russian gas supplies via Ukraine.

India’s second-largest clean energy company ReNew plans to go private

13 December 2024

Key investors in ReNew Energy Global, India’s second-largest clean energy producer, have proposed to take the company private in a deal valued at $2.82bn.

Slovakia will continue supplying Czechia with processed Russian oil for another six months

13 December 2024

Slovakia prolongs exemption from EU sanctions on oil products from imported Russian oil.

COMMENT: A stable Syria could become a major energy hub

12 December 2024

It’s been a pipe dream for decades, but with the fall of the Assad regime a stable Syria means a pipeline connecting Qatar to Turkey is possible, which would connect the gas fields of the Middle East to Europe.

INTERVIEW: Jeet Chandan, co-founder of Indian investment platform BizDateUp

12 December 2024

The electric two-wheeler and three-wheeler segments have the highest growth potential in the overall India electric vehicle (EV) space, Jeet Chandan, co-founder of investment platform BizDateUp told bno Intellinews in an interview.

Poland’s Orlen ditches largest petrochemical project in Europe

11 December 2024

Refiner's stock plunges 3.5% after it announced it will not pursue its Olefins 3 petrochemical project.