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Over a billion people's food supplies threatened by the accelerating climate crisis by 2050

26 June 2024

Extreme heat this summer has already killed 1,300 Muslims on the annual hajj to Mecca, but climate change threatens the lives of far more people if crops start failing due to rising heat and water stress, recent research has shown.

China’s Energy Singularity produces first net energy positive fusion reaction

26 June 2024

The Shanghai-based commercial fusion energy company Energy Singularity announced on June 19 it has successfully built the world’s first fusion reactor that puts out more energy than it takes in to run it.

Fossil fuel use reaches global high

25 June 2024

A new report finds that fossil fuel energy use rose to a record high in 2023, despite efforts to combat climate change.

Israel emerging as source of tension in Azerbaijan’s special relationship with Turkey

25 June 2024

War in Gaza and domestic politics in Turkey create cracks in Azerbaijani-Turkish alliance.

Hungary receives exemption from Russian sanctions for Paks NPP project

25 June 2024

Hungary receives exemption for the €12bn project by Rosatom to add two 1,200 MW blocks to Hungary's only commercial nuclear power plant.

Global green transition champion China is close to peak emissions

24 June 2024

China is adding renewable energy capacity faster than any other country in the world, and is approaching peak emissions, even if it remains heavily dependent on coal-fired power stations to power its economy.

Iran's oil minister denies ‘massive discounts’ in oil sales

23 June 2024

Iran’s Oil Minister Javad Owji denied claims that Tehran was “giving away” crude oil with “massive discounts,” after two presidential candidates criticized the outgoing government for “wasting” oil revenues with markdowns.

Rerouting of Russia trade to add more Caucasus, Central Asia growth in 2024-2025, says Oxford Economics

21 June 2024

Relatively small component of expanded commerce comes from evading sanctions on particular goods, analysis argues.

EU to target LNG and helium in 14th sanctions package against Russia

21 June 2024

The package will target transshipment of Russian LNG in European ports, which will also make it more difficult to deliver LNG from Russia to Asia.

Energean cashes in €883mn from Croatia, Egypt and Italy asset sale

21 June 2024

Energean will offload assets in Croatia, Egypt and Italy as part of a strategy to focus on core gas development projects.

Small hydro to also play big role in rejuvenating Kyrgyzstan’s worn-out power infrastructure

20 June 2024

World Bank experts estimate republic could expand its HPP generation 25-fold.