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Hungary faces energy crisis, after Ukraine cuts off Russian oil deliveries

22 July 2024

Hungary's Foreign Minister Peter Szijjarto has warned that a durable solution is urgently needed following Ukraine's decision to cut off oil deliveries from Russia’s Lukoil, causing a significant disruption to Hungary's oil supply.

Hungary's solar capacity climbs over 6,700 MW

22 July 2024

Demand for new solar panels surged after the government reduced utility subsidies for households in August 2022.

Romania to move forward on small modular reactors programme with NuScale

22 July 2024

Nuclearelectrica aims to build a SMR with capacity of 462MW to replace a former coal-fired thermal power plant.

Rising carbon emissions will drive the clouds from the sky

20 July 2024

The clouds may disappear from the skies within the next century, which would cause temperatures to leap by as much as 12C and force most of humanity to move to the polar ice caps.

Israel says it struck Yemen’s Hodeidah oil terminal

20 July 2024

A series of Israeli strikes on Yemen’s Houthi-controlled port of Hodeidah have left mass destruction in the country.

Heatwave sparks surge in electricity use in coal-dependent Balkans

18 July 2024

Vicious circle as increased use of electricity for air conditioners drives demand from coal-heavy power sector.

Tetracore Energy to launch Ghana's first virtual gas pipeline network

18 July 2024

Tetracore Energy Group is set to launch Ghana's first virtual gas pipeline network and compressed natural gas (CNG) mother station this year, having secured all licences to supply natural gas through the West African Gas Pipeline (WAGP) network.

Western Balkans can skip gas and move straight to renewables, says Bankwatch

18 July 2024

NGO CEE Bankwatch says anticipated solar and wind projects in the region are expected to generate four times more electricity over their lifetimes than prospective gas-fired power plants.

Paris Agreement’s carbon budget all spent in growing number of developed countries

17 July 2024

A carbon emission budget built into the 2015 Paris Agreement to buy the world some time before environmental catastrophe strikes has already been exhausted by some of world’s biggest carbon emitters and we are burning through what remains too fast.

World Bank says Western Balkans must invest $37bn to protect region from climate change impact

17 July 2024

Region increasingly plagued by floods, drought, heatwaves and forest fires.

Record growth in renewables must be significantly topped up, says IRENA

17 July 2024

The world risks missing the tripling renewables target pledged at COP28 in November. That is although renewables are becoming the fastest growing source of power, says the International Renewable Energy Agency.

Iran's President-elect Masoud Pezeshkian offers olive branch to industry and workers

17 July 2024

Iran's President-elect Masoud Pezeshkian has pledged to engage the country's private sector in the nation's economy and production.

Dubai heatwave: Temperature feels like 62°C as scientists explain extreme conditions

17 July 2024

Dubai is experiencing an intense heatwave with the "feels like" temperature soaring to 62°C (143.6°F), according to US-based weather reports.

BP: oil demand and emissions will peak in 2025

17 July 2024

Oil super major BP's latest outlook on global energy trends suggests a potential peak in worldwide oil demand as early as next year, a development that could mark a significant turning point in global carbon emissions by 2025.

Kazakhstan settles dispute with Moldovan businessman Anatol Stati that lasted more than decade

17 July 2024

Case over oil and gas assets seized by state was fought in multiple locations around world and at one point led to civil racketeering lawsuit filed in US.