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US President Biden signs advanced nuclear development bill

11 July 2024

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.

EBRD approves €30mn loan to Serbia for renewable heat generation

10 July 2024

The EBRD has approved a loan of up to €30mn to Serbia to finance investments in renewable heat generation, the organisation announced during EBRD President Odile Renaud-Basso's visit to Belgrade on July 9.

India-Russia summit highlights burgeoning nuclear energy cooperation

9 July 2024

According to a joint statement released after the conclusion of the 2024 India-Russia bilateral summit, New Delhi and Moscow are set to bolster their civil-nuclear cooperation

Carlos Slim's Carso Group invests $1.2bn in Mexican gas field development

9 July 2024

Carlos Slim, Mexico's wealthiest individual, through his conglomerate Grupo Carso SAB, is poised to inject $1.2bn into the development of the Lakach gas field situated in the Gulf of Mexico.

2024 hurricane season predicted to be particularly active - Statisa

9 July 2024

Hurricane Beryl made landfall in Texas on Monday, moving inland after having torn across the eastern Caribbean last week, killing 11 people. According to the National Hurricane Center (NHC), Beryl was a Category 1 hurricane when it reached the coast

INTERVIEW: Ukraine’s biggest private power producer races to recover as winter looms

9 July 2024

A top DTEK Group executive says companies desperately need access to finance and capital to cope with widespread infrastructure damage from Russian strikes.

Germany may pipe in 100 TWh of green hydrogen by 2035, says study

9 July 2024

Germany could import up to 100 TWh of green hydrogen from its neighbours by pipeline from neighbouring countries by the mid-2030s, according to a study by the Berlin-based Agora Energiewende and Agora Industry think-tanks.

MEOG: Iraqi minister signals progress with KRG

9 July 2024

Iraq's Oil Minister spoke positively this week about negotiations with the KRG

Hurricane Beryl’s rapid growth not possible without climate change

8 July 2024

Deadly Hurricane Beryl has been powered by global heating driven by the burning of fossil fuels, say experts.

Iran’s Pezeshkian-led Reformists face monumental challenge in tackling electricity shortfall

8 July 2024

As the days of the current government of Iran are numbered, the nation continues to grapple with widespread power shortages exacerbated by the scorching summer heat.