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Israel's Leviathan gas field is on standby but is Bulgaria's Khan Tares next for SOCAR?
Azerbaijan's national oil and gas company SOCAR is eyeing new Black Sea oil & gas projects, while the Israeli gas field is on hold for now due to the war.
Iran’s Khamenei announces five days mourning following president’s death
Iranian Supreme Leader Ali Khamenei has announced five days of mourning and the closure of government and businesses following the death of Iranian President Ebrahim Raisi and Foreign Minister Hossein Amir-Abdollahian on May 19.
Iran, Azerbaijan open border hydro dam on shared river
Iran and Azerbaijan opened a hydroelectric dam on their border with officials calling the megaproject a symbol of “long-term cooperation” and “friendship and amity” between the two nations despite political disagreements in recent years.
MEOG: Chinese firms dominate Iraqi bidding
Turkey simply relabels Russian oil products and exports them to Europe, research indicates
Country appears to have quite brazenly emerged as a strategic pitstop for fuel products from Russia rerouted to the EU.
Global warming acceleration at its peak but the La Nina effect this year will reduce temperatures less than expected
Global temperature is now near its peak due to El Niño aerosol decrease. How far will it fall in the coming La Niña? Less than expected.
Tanzania’s mining sector is about to take off despite government interference
Tanzania is emerging as an important hub for the mining of green energy transition minerals in East Africa, despite the government taxing the sector heavily.
ExxonMobil completes drilling at Block 15 research well offshore Angola
US-based energy major ExxonMobil has completed drilling operations at the Likembe – 01 research well offshore Angola, according to ANPG, the country's concessionaire and energy regulator.
Far right activists attack Ukrainians visiting Bulgaria to buy Russian-made nuclear reactors
Ukraine wants to buy equipment Bulgaria bought from Russia for the scrapped Belene nuclear power plant project to replace occupied power infrastructure.
European election results could spell further backtracking on climate policy
Results from the European Parliament elections next month could have major implications for the EU Green Deal and other climate policy, with far-right politicians expected to win more seats.
Chemical analysis of CO₂ rise over past 50,000 years – current rate is 10 times faster
The current rate of atmospheric CO2 increase is 10 times faster than at any other point in the past 50,000 years. This is according to scientists who did a detailed chemical analysis of ancient ice in the Antarctic.
US development finance institution DFC commits $412mn to build Sierra Leone power station
The US funding package includes a $292mn loan for an 83MW gas-fueled power station in Freetown and $120mn in political risk insurance to attract private investment.
Russia's nuclear diplomacy binding emerging markets to the Kremlin
Currently, Rosatom controls approximately 70% of the world export market for the construction of nuclear power plants where emerging powers in the global south are trying to boost their energy production and turning to Moscow for nuclear power.
Russian attacks deter European gas traders from Ukrainian gas storage
European gas market analysts are intensively monitoring Ukrainian energy storage amidst ongoing attacks on infrastructure by Russia and less attractive financial spreads compared to the previous year.
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