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TPAO arm contracts Subsea7 for Sakarya gas field work offshore Turkey

13 January 2025

Turkish Petroleum Offshore Technology Centre AS (TP-OTC) has contracted international offshore service provider Subsea7 to provide inspection, repair and maintenance (IRM) services at the Sakarya offshore gas field.

Kenya's KenGen plans 42 new geothermal wells in national park despite environmental concerns

13 January 2025

Kenya's state-owned Kenya Electricity Generating Company (KenGen) plans to drill 42 new geothermal wells within Hell’s Gate National Park in Naivasha over the next five years

EV market to grow faster in Africa, South America in 2025, expert predicts

13 January 2025

Growing investments in renewable energy, such as solar power, complement the expansion of the electric vehicle (EV) industry, especially in areas with limited electricity infrastructure.

Vietnam proposes new electricity pricing for EV charging stations

13 January 2025

Vietnam has proposed new electricity pricing for electric vehicle (EV) charging stations, with rates potentially reaching VND4,937/kWh ($0.20), as the country experiences a surge in EV adoption, officials said

CHN Energy connects Rudong Solar Hydrogen-Storage project to the grid in China

13 January 2025

The project is seen as a major step forward in hydrogen power development for Beijing, reflecting China’s commitment to hydrogen energy as a cornerstone of its clean energy transition.

EBS meets Iraqi ministry to discuss East Baghdad plans

12 January 2025

China's EBS has held meetings with Iraq’s Ministry of Oil to discuss plans for the East Baghdad oilfield.

Serbia plans to buy out Russian stake in NIS following US sanctions

12 January 2025

Sanctions reignited debates over Serbia’s foreign policy, as the country navigates its historic ties with Russia while facing Western pressure to align with EU and Nato policies.

Russia’s Rosatom plans legal action over non-delivery of Siemens Energy parts for Turkey’s first nuclear plant

11 January 2025

Germany's refusal to budge on issue forced Moscow to turn to China for required equipment.

US imposes toughest oil sanctions ever on Russia to improve Ukraine and Trump’s leverage in mooted ceasefire talks

10 January 2025

The Biden administration has unveiled its most extensive sanctions on Russia’s oil and gas business yet in a bid to give Ukraine and the incoming Trump admiration more leverage in widely expected ceasefire talks that may start soon.

Slovakia’s Fico steps up anti-Ukraine rhetoric over gas cut-off

10 January 2025

Slovak premier threatens to veto Ukraine votes at EU level.

EBRD delivers 26% expansion in investments in 2024, commits record €16.6bn across economies

10 January 2025

Lender notes strong momentum in green and gender financing, in parallel with steadfast support for Ukraine and its real economy.

German electricity prices highest in Europe, 70% above the European average, with Hungary's the lowest

9 January 2025

Germany has been identified as the European country with the highest electricity prices at €416.20 per MWh, the Swedish price comparison company Finansvalp said in a comment emailed to bne IntelliNews on January 9.

Iran may shift economic capital to Makran coast

9 January 2025

Moving Iran's capital from Tehran is not feasible, but the country could relocate its economic centre to the Makran coastal region if proper infrastructure is developed, the head of Iran's Supreme Council of Provinces said on January 9.

BALKAN BLOG: Giving free energy to Transnistria could thwart Russia’s plans for Moldova

9 January 2025

Energy crisis threatens to undermine confidence in the pro-EU government in Chisinau, paving the way for a Kremlin-backed party to take power after the 2025 general election.

US to remove barriers to nuclear collaboration with India

9 January 2025

The United States will eliminate barriers that have hindered collaboration between Indian nuclear organisations and American firms, according to US National Security Advisor Jake Sullivan