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IAEA’s experts complete safety assessment at South Africa’s NPP
Climate crisis fuels wildfires across Latin America with Brazil hardest hit
Brazil and large swathes of Latin America are battling severe wildfires this year, even in traditionally wet regions, as they grapple with a harsh drought. The effects of climate change are disrupting the lives of millions across the continent.
Russia, Bangladesh navigate stresses over nuclear power plant loan payments
Russia has demanded that Bangladesh pay over $630mn to settle accrued interest payments for a loan used to fund the Rooppur Nuclear Power Plant
MEOG: OQ plans IPO of exploration arm
AfrOil: Shelf Drilling secures $60mn contract in Nigeria
FSUOGM: RDIF, Gazprom to collaborate on domestic LNG development
Russia mulls uranium export ban to US as latter considers Ukraine missile use permission
Russia is considering whether to impose a ban on uranium exports to the US as tensions between the two adversaries continue to mount, Deputy Foreign Minister Sergei Ryabkov said on September 14, adding the decision would not be taken lightly.
EurOil: Eni, Snam start up Italy's first industrial-scale CCS project
Historic drought compels Zambia to take unprecedented step of shuttering its largest hydropower plant
Drought in Zambia has had a “critical” impact on energy, agriculture, water and food security, Plan International warns. Angola, Malawi, Mozambique, Namibia, South Africa, and Zimbabwe face similar crises.
Aminex, ARA Petroleum Tanzania receive Ntorya development licence at handover ceremony
AfrElec: Ghana secures $250mn World Bank loan for energy sector overhaul
Ghana's first lithium mine clears key environmental hurdle
Russia's budget oil breakeven price world’s second lowest as oil revenues recover
The Institute of International Finance (IIF) has forecast a decrease in Russia’s fiscal breakeven oil price (the amount to balance the external current account) to $77 per barrel by 2025, supported by a recovery in oil and gas revenues.
LatAmOil: Chevron lobbies for continued Venezuelan operations despite post-election turmoil
NorthAmOil: Hurricane Francine shuts in 39% of oil production in US Gulf of Mexico
South Africa's renewable energy sector gets $220mn boost from DBSA, EIB
Kenya launches geothermal exploration risk underwriting facility with FSD Africa backing
Hard to make and inefficient to use, hydrogen won’t save the climate
The numbers simply don't add up. It is predicted that 390mn tonnes of hydrogen will be required annually worldwide by 2050 but today a total of about 2.5mn tonnes is being produced worldwide and investors are shying away from the business.
Gensol Engineering, Matrix Gas secure green hydrogen valley project in India
Gensol Engineering Limited, in partnership with Matrix Gas & Renewables, has been awarded the contract to establish a green hydrogen valley in Pune, Maharashtra, as per a stock exchange filing by Gensol on September 11.
REM: Hottest summer ever as climate extremes accelerate
Global heating could exceed 3°C by end of century, say researchers
Methane emissions are rising faster than ever before, says new research led by Stanford University. The problem is so dire that global heating could exceed 3°C by the end of century, a level at which there would be chaos at an unprecedented level.
Brazil grapples with fire pandemic as climate woes intensify
In 2024, Brazil is waking up to the reality of climate change as it deals with wildfires up and down the country. A severe drought in the Amazon region is also causing alarm as water levels in the eponymous river drop dangerously low.
Berlin upsets Kremlin plan to deliver Turkey’s first nuclear plant by blocking parts supply
Announcing delays, Turkish energy minister says Russia’s Rosatom has turned to China to source required components. Non-delivery could be sanctions issue.
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