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DMEA: Iraq signs loan agreement for Basra refinery project
MEOG: ADNOC further extends BGP mega-survey
INTERVIEW: Mobilising private finance for a greener future
EBRD director of sustainable business Gianpiero Nacci details how MDBs are bringing in private investment to help close the climate finance gap.
Africa Oil acquires further interest in Impact to increase stake in Namibia’s Orange Basin
Canadian oil and gas exploration and production company Africa Oil has increased its shareholding in Africa-focused independent explorer Impact Oil and Gas to 39.5%.
COMMENT: Will COP29 become a milestone in Azerbaijan’s long-term energy strategy?
After years of reliance on fossil fuel exports, Azerbaijan is steadily switching to renewable energy sources.
Analysts outline three scenarios for Ukraine’s winter blackouts
Ukraine is facing a freezing and dark winter after Russia’s destroyed almost all of its non-nuclear power and heating capacity this year. Apartments will become unliveabily cold, which could drive another 500,000 refugees to flee the country.
Slovak government wants to launch new nuclear tender in 2027
The nuclear reactor would be located at the existing Jaslovske Bohunice nuclear power plant site, which already has two reactors, and is projected to cost €10bn.
Croatia’s Mezzanine Partner launches €100mn "dark green" energy fund
Fund to support renewable energy projects across the region, with a focus on solar and wind energy.
REM: As COP29 winds down, a new analysis says China’s cumulatiuve emissions now worse than EU's
As COP29 winds down, a new analysis says China’s cumulative emissions now worse than EU's
As COP29 nears an end, a new report reveals that China’s cumulative emissions within its borders have surpassed those of the European Union’s 27 member states.
Nicaragua unveils new canal route in bid to rival Panama
Nicaraguan President Daniel Ortega has unveiled plans for a 445-kilometre interoceanic canal that would provide an alternative to the congested Panama Canal, presenting the proposal to Chinese investors at a regional business summit.
Venezuela faces fresh US pressure as Washington recognises opposition leader as president-elect
The US has ramped up pressure on Venezuela's President Nicolás Maduro by formally recognising opposition candidate Edmundo González as the country's president-elect, marking the first time the Biden administration has used this designation.
Eight times more children face exposure to extreme weather disasters in 2050s due to climate crisis – UN
The number of children worldwide exposed to extreme climate events is set to rise eight-fold by the 2050s who will face extreme heatwaves, floods and droughts compared with the 2000s, according to a United Nations report, The Guardian reports.
Southeast Asia expands pumped hydro to boost energy storage
As Southeast Asia rapidly transitions toward renewable energy, countries across the region are investing heavily in pumped hydro energy storage (PHES) to enhance grid stability and support sustainable growth
Romgaz lists €500mn bond on Bucharest Stock Exchange
Bond issue is part of Romgaz’s strategy to raise €1.5bn for projects including the Neptun Deep offshore gas field.
Recycling lags for some green energy minerals
According to data released in a new report by the International Energy Agency, the recycling rates of many metals critical for green energy transitions are low and have only risen slowly over the last years.
Carbon Brief releases sixth version of extreme weather event interactive map
As the planet warms and the Climate Crisis accelerates faster than scientists predicted, extreme weather events from floods to fires have turned into an annual disaster season that is only going to get worse.
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