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Hungary's state utility giant buys E.ON’s energy supply operations in Romania
MVM will acquire a 68% stake in E.ON Energie Romania, which has close to 3.4mn customers, and a 98% stake in regional service provider E.ON Asist Complet.
Balancing growth and sustainability: Southeast Asia’s energy dilemma
With its rapidly growing economies, booming populations, and increasing urbanisation, Southeast Asia is witnessing a tremendous surge in energy demand
China’s leftover “gutter” cooking oil becomes bio-sustainable aviation fuel wonder
China’s notorious “gutter oil” was once a source of food safety scandals, but has undergone a green revolution that has made it worth more than kerosene.
World Bank must wake up to Rogun mega dam “nightmare” in Tajikistan, say activists ahead of financing vote
Institution urged to listen to civil society.
REM: Google, Microsoft back Terradot, a carbon removal startup
AfrOil: Libya to launch new round of gas exploration bids shortly
Drilling of two gas wells in Egypt Zohr Field to start next week, says petroleum minister
More help needed for Ukraine’s ravaged energy sector
A multi-million-euro fund launched by Ukraine’s European allies to help the war-ravaged energy sector is running low on cash as power providers struggle to keep the lights on this winter.
Kosmos, Tullow in early talks on potential merger to create West Africa-focused producer
US oil and gas company Kosmos Energy on December 12 confirmed it was in early talks for an all-share acquisition of Tullow Oil, a London-headquartered independent energy company, following media speculation
Moldova announces it has enough natural gas reserves for the entire winter
Moldovagaz says it has already purchased 747.9mn cubic metres of natural gas ahead of the expected cut-off of Russian gas supplies via Ukraine.
AsiaElec: Philippines’ nuclear roadmap: a path to 4,800 MW by 2050
FSUOGM: Sibur launches pilot centre for polymer tech
EurOil: Northern Ireland bans onshore oil and gas exploration
Iranian oil sales to China nosedive as fresh sanctions bite
Iran’s oil exports to China have dropped to a record low in two years, a senior analyst at consultancy HedgePoint said, an indication that recent US sanctions cracking down on Iranian crude have been delivering.
COMMENT: Will the US exit Syria, return its oil fields?
The United States is now confronting a complex decision about its military presence in the country's oil-rich northeast.
Geothermal energy poised for major global expansion, says IEA chief Fatih Birol
"Geothermal energy could see transformative global growth thanks to advancements in technology and expertise from the oil and gas sector," the International Energy Agency (IEA) said in a report groundbreaking report released on December 13.
First major oil spill by Russia's shadow fleet as major storm rips oil tanker apart in Kerch straits
A major storm ripped a Russian oil tanker apart, tearing off its nose on December 15. A total of two ships have reportedly sunk as a result of the storm and at least four crew members are thought to have lost their lives, TASS reports.
AfrElec: AfDB approves $170mn loan to fund Egypt’s Suez Wind Project
Force majeure at Libya’s Zawiya Refinery threatens exports and oil expansion plans
The declaration of force majeure at Libya’s Zawiya Refinery by Libya’s National Oil Corporation on December 15 has put plans to boost crude production in doubt and raised concerns over NOC's ability to meet its oil export obligations.
US expected to impose sanctions on Serbia's NIS over Russian ownership
Serbia president says US sanctions targeting Gazprom-owned NIS will take effect in the coming days, with the UK likely to follow.
Tajikistan: Rogun Dam is a white elephant in the making – report
Dushanbe needs to diversify power generation sources.
Moldova enters state of emergency, Transnistria stockpiles firewood
The separatist Transnistria region will stockpile firewood and introduce rolling blackouts after the expected end of Russian gas supplies via Ukraine.
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