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‘Gobsmackingly bananas:' Record temperatures in September shock climate scientists
Global temperatures were so high in September that one climate scientist has described the situation as “absolutely gobsmackingly bananas.” Records were broken in September, and August and July were also the hottest ever.
Brazil to unfreeze $700mn for building of major Mozambican dam after seven-year hiatus
COMMENT: Oil markets on tenterhooks as Hamas attack on Israel stokes contagion fears
Global oil markets face the possibility of a price spike following the surprise attack by Hamas militants on Israel, which has seen hundreds killed and the start of a new war that could potentially threaten energy flows in the region.
ENERGO: Improving Ukraine’s corporate governance will be key to attracting billions in investment
Improving Ukraine’s corporate governance will be key to attracting billions in investment
Ukraine needs to raise hundreds of billions of dollars of investment to rebuild its economy after the war is over. But as the country is dubbed one of the most corrupt countries in Europe, that will be hard unless it can improve corporate governance.
Ozone hole three times larger than Brazil opens up above Antarctica
Europe’s Copernicus Sentinel-5P satellite shows that the ozone hole is one of the largest on record, according to the European Space Agency (ESA), and measured 26mn square kilometres on September 16, 2023 – roughly three times the size of Brazil.
Bulgaria’s miners, energy workers plan national protest
Angered by plans to phase out coal, workers plan strike and protests aimed at bringing down PM Nikolai Denkov's reformist government.
Bosnia likely to end deal with Chinese consortium on Tuzla 7 coal plant construction
State-owned Elektroprivreda BiH threatens to cancel deal after repeated delays in starting project.
KSE: Russian seaborne oil exports fall to lowest level since September 2022, but oil revenues surge
In August 2023, Russian seaborne oil exports reached their lowest point since September 2022, according to the September edition of ‘Russian Oil Tracker’ by KSE Institute. This decline came as Russia reduced its reliance on Western markets.
German coal utility RWE cuts Emsland nuclear reactor rods, stretching the limits of the law to secure its coal power investments, say sources
Management at the German coal utility RWE is reportedly pushing the boundaries of national laws concerning nuclear reactor dismantling. The company is aiming to make the Emsland reactor as difficult to restart as possible.
MEOG: Bapco Energies to monetise assets
Uzbekistan debuts green sovereign bonds on LSE
NorthAmOil: Biden’s oil, gas lease plan is evidence of his “failed” energy policies, says API
Europe’s war on CO2 emissions goes global
The EU has launched the first system anywhere to impose CO2 emissions tariffs on imported goods including iron and steel, cement, aluminium, electricity and hydrogen. These are all carbon-intensive goods.
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