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Bucharest asked Nuclearelectrica to terminate talks with CGN on expanding Cernavoda nuclear power plant, as discussions yielded no results in seven years.
Green energy companies reach a compromise with the Ukrainian government to avert an energy crisis this summer
Green energy investors into Ukraine have struck a compromise deal with the government, which wants to drastically cut the green energy tariffs retroactively, sparking a mass protest by Ukraine’s most significant direct foreign investors
The move would sideline Iranian gas sales to the Azerbaijani exclave and help Ankara get back in Washington’s good graces.
In brazen move, Russia flies squads of fighter jets to desert airfields after Moscow-allied rebel commander is pushed back by Turkish-backed forces in civil war. US now worried Kremlin might shape the conflict.
Ukraine is heading towards a power crisis in the next few weeks if the government cannot come to terms with the irate owners of the country’s burgeoning green energy sector
There were more melting permafrost problems for Russia’s energy infrastructure after the TGK1 power station near Murmansk reported that two of its hydropower units were flooded with “abnormal water inflow” due to melting snow.
Privatisation programme of Central Asia’s biggest economy takes another baby step.
The Kremlin has declared a spill of diesel fuel at the power plant of Norilsk Nickel metals major in the Krasnoyarsk region as a federal emergency, and heads may start rolling as deep structural ESG dangers are exposed.
Some analysts see indicator as more reliable than GDP, industrial output and PMI data when it comes to assessing extent of industrial activity in country.
The US State Department has announced that Malta seized $1.1bn worth of “counterfeit” Libyan dinars that were travelling by ship to the Libyan parallel government and were printed by the Russian state-owned company Goznak.
News service uses documents deposited by PR firm to reveal Mehmet Ali Yalcindag’s activities. Now head of Turkey-US Business Council, the businessman, once called a “close friend” by Donald Trump, is pushing to build up agriculture and LNG shipments.
New block at the Dukovany nuclear power plant is expected to come online in 2036.
Move means Washington has scrapped last remnants of 2015 nuclear deal that it was tolerating. Tehran says move is “desperate” and designed to distract from the failure of the Trump administration’s policy on the Islamic Republic.
Gas delivered via pipelines from Russia and Iran down 72% y/y and 33% y/y in March. US expanding shipments of liquefied natural gas amid glut as spot prices fall.
Polish and Baltic states’ power grid operators ask EU for €1.2bn to fund syncing of their energy systems
State-controlled nuclear energy producer Nuclearelectrica will begin talks to terminate the agreement signed with China's CGN on the construction of two new reactors at the Cernavoda.
Producers and investors remain cautious, as the coronavirus pandemic continues to affect energy demand, but are starting to plan for the post-crisis period.
Venezuelan state TV airs pictures of officials celebrating arrival. Four more tankers still en route. Trump official slams “Maduro's expensive deals with another pariah state".
Russia’s leading petrochemical producer Sibur Holding successfully closed the order book for its BO-01 and BO-02 exchange-traded bond issues, worth RUB10bn ($139mn) and RUB5bn ($69mn) respectively, the company announced on May 21.
White House officials loathe to see one Trump-sanctioned nation coming to the assistance of another, especially in a presidential election year.