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International energy firms pressed to support Ukraine energy fund
Head of EU-backed agency seeks to ramp up financial and in-kind support for war-ravaged power sector.
Powering change: Iran's electricity crisis and the path forward under Pezeshkian
Iran’s mismatch between energy supply and consumption has led to industrial power outages and blackouts for residential users, leading to increased poverty, economic losses and social unrest.
Southeast European countries battle wildfires amid latest heatwave
North Macedonia the latest to appeal for international help to fires in inaccessible mountain areas.
SapuraOMV launches key gas field off Malaysia
Malaysian oil and gas producer SapuraOMV has brought on stream its flagship Jerun gas project off the coast of Sarawak, the company announced this week.
PAC Capital completes $443m deal for Etu Energias acquisition of Galp assets offshore Angola
Each one degree rise in global temperature reduces world GDP by 12%, says study
Each one degree rise in global temperatures reduces world GDP by 12%, according to a new study by economists Adrien Bilal and Diego Känzi, published in Maym, which could reduce global GDP by half by the end of the century.
Africa's energy ambitions stifled by investment shortfall
Africa's economic and social development hinges on access to affordable, reliable and sustainable energy. Despite vast energy resources, the continent remains energy poor and lacks sufficient investment to just keep up with population growth.
IMF: Three quarters of the world’s wealth is owned by 10% of its people, who account for half of the CO2 emissions
The state of global inequality is alarming, showing no significant improvement over the past century, according to the World Inequality Report 2022,
Kosovan opposition slams government over €21mn payout to Contour Global
As Pristina seeks to promote renewables, the cancelled Kosova e Re coal fired power plant project remains a headache for PM Albin Kurti’s government.
MEOG: North Oil raises Kirkuk output
AfrOil: Shell seeks South African government authority to drill for oil in deep-sea Orange Basin
Iran experiences unprecedented heat wave in 50 years
Iran has experienced its hottest temperatures in 50 years, with the city of Ahvaz recording over 50 degrees Celsius (122 Fahrenheit) for more than seven days.
China emerges as global green energy champion with two-thirds of the world's new wind and solar power plants
Almost two-thirds of the world's large wind and solar power plants are in China while a surge in renewable capacity has driven coal's share of power generation to new lows, Reuters reports.
REM: China emerges as global green energy champion with two-thirds of the world's new wind and solar power plants
Mali's junta signs nuclear and solar energy deals with Russia's Rosatom
Mali's ruling military junta has signed three cooperation deals with Russia's state nuclear company, Rosatom.
Moab Minerals acquires uranium projects in Tanzania
Moab Minerals Limited has completed its acquisition of Linx Resources, which holds a diverse portfolio of advanced, large-scale uranium projects in Tanzania.
US President Biden signs advanced nuclear development bill
US President Biden has signed into law the Accelerating Deployment of Versatile, Advanced Nuclear for Clean Energy (ADVANCE) Act, aimed at reducing licensing times and cutting processing fees to support the development of an advanced nuclear reactor.
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