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CEZ net profits more than halve in 2023 to CZK29.6bn

21 March 2024

CEZ also confirmed that it signed an agreement to buy 55% of Gasnet, the largest Czech gas distribution company, for €846.5mn.

North Macedonia aims to attract almost $600mn for green transition

20 March 2024

Skopje secures $85mn from Climate Investment Funds in first step towards coal phase-out.

Saneg gives Uzbekistan's mature oilfields a second life

20 March 2024

Saneg, the private company tasked with giving Uzbekistan’s mature oilfields a second life, aims to ramp up oil production by 30% this year to 730,000 tonnes (14,700 bpd), its CEO Tulkin Yusupov said in a presentation in Tashkent last week.

Only seven countries meet WHO air pollution guideline

19 March 2024

IQAir’s 6th Annual World Air Quality Report reveals “troubling details” of the world's most polluted countries, territories and regions in 2023.

China’s EV giant BYD wants curbs on “disorderly” imports in line with move into Uzbekistan

19 March 2024

Critics of potential move say it could be bad news for the consumer.

EM winners and losers from the global green transformation

19 March 2024

The global green transformation will create a windfall for many Emerging Markets that are home to large deposits of essential raw materials needed for the revolutions, while others like oil producers will take a hit and see their growth slow.

Cheap coal from Putin fires Turkey up the dirty power generation league

18 March 2024

Country dislodges Poland from second spot in Europe for electricity made with coal. Ankara took advantage of lower Russian shipment prices caused by EU embargo.

Iran inks big deals to develop six oil fields

18 March 2024

Iran has signed what it calls the biggest deals in a decade to develop six oil fields in the south and the west, a week after entering into $20bn contracts to boost pressure in the colossal South Pars gas field.

Three billion people will live in uninhabitable zones by 2070

18 March 2024

It's predicted that 3bn people will live in zones that have been made uninhabitable (black areas) by 2070, say scientists.