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The Caspian Sea to shrink by a third due to global warming
The Aral Sea has gone. The Caspian Sea may be next. Global warming will see its level fall by up to 18 metres and reduce its surface area by a third thanks to global warming.
AfrOil: Perenco’s offshore DRC subsidiary announces first oil discovery in three decades
Slovenia plans tough new energy and climate targets
Draft new National Energy and Climate Plan proposes higher targets for emissions reduction, renewable energy sources and energy efficiency by 2030.
India halts Venezuelan oil imports amid US sanctions
India ceased oil purchases from Venezuela last April, coinciding with the United States' decision not to extend sanctions relief on Venezuelan crude, according to the spokesperson for Indian Foreign Minister Randir Jaiswal.
Southeast European countries look to Algeria to diversify energy supplies
Both Slovenia and Croatia are tapping Algeria for gas imports as the country becomes an important supplier to southern Europe.
MEOG: Riyadh plans Aramco share sale
World Bank allocates $13.6mn as early-stage funding for project to build $5bn Kambarata hydro plant
Russian engineers to switch on Turkey’s first nuclear plant within a year
After missing 2023 launch window during Turkish centennial celebrations, Russia’s Rosatom will hope to see the facility go live successfully by next April.
Developed world countries gave developing countries more than $100bn to tackle climate change for the first time in 2022
Developed countries provided $115.9bn in climate finance to developing nations in 2022, exceeding the $100bn annual commitment for the first time, according to data from the OECD.
MACRO ADVISORY: Moscow is playing a long gas game
The Kremlin has now switched its attention to the gas market. It wants to replace the almost lost European market with new customers in Asia and to diversify the export infrastructure with both new pipeline routes and LNG.
Zelenskiy launches biomethane market in Ukraine, aims to attract international investment
President Volodymyr Zelenskiy inaugurated Ukraine's biomethane market, a move that could see Ukraine exporting 22 bcm of it to cover 20% of the EU’s needs.
Details uncovered on continued Azerbaijani oil exports to Israel via Turkey
Crude arrives for shipping across Mediterranean on BP-operated pipeline. Deliveries apparently uninterrupted despite Ankara’s “Gaza” trade boycott on Israelis.
Poland, Russia strike deal on continued Kazakh oil transit to Germany
Pipeline operators in Poland and Russia have reached an agreement that will enable transit of oil from Kazakhstan to continue to Germany.
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