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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.
Russia to build six “mini nuke” reactors in Uzbekistan, officials announce during Putin visit
Ambition is to deliver Central Asia’s first nuclear power plant. Russian leader attempting to firm up relations with Tashkent as "strategic partner and reliable ally".
Energo: Russia to build six “mini nuke” reactors in Uzbekistan, officials announce during Putin visit
AsianOil: Pavilion Energy, bp Singapore agree long-term LNG supply deal to power city state
Romanian fuel distribution company JP Grup Oil to launch Bucharest IPO
JP Grup Oil seeks to raise €11mn-13mn in latest of a series of IPOs on Bucharest Stock Exchange this year.
Slovenia turns back to Algerian gas after flirtation with Russian supplies
Slovenia used to get 30% of its gas from Algeria via Italy, then opted to rely on Russia. Now Ljubljana is scrambling to diversify.
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