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Eurasia has 20 major petrochemical projects underway worth over $200bn to double plastics production
Eurasia has 20 major petrochemical projects underway worth over $200bn to double plastics production.
LamAmOil: Biden reimposes oil sanctions on Venezuela
Serbia's historic monasteries go green with solar energy adoption
Ten monasteries in Serbia have adopted solar power in recent years in a bid to increase self-sustainability and curb electricity expenses.
Kazakhstan’s Kashagan claims against big oil firms now reportedly top $150bn
Astana said to have added $138bn claim for lost revenue, arguing energy majors developing Caspian Sea field have not fully delivered on production pledges.
Baltic states aim to go nuclear but have to wait
The three Baltic states – which have had no nuclear reactors since the closure of Lithuania’s Soviet-designed Ignalina plant 15 years ago – are now all looking at small modular reactor technology.
Dubai airport, city and roads still underwater from historic floods
Dubai witnessed "chaos" on April 17, with continued road closures and travellers urged not to come to the airport, a day after a storm accompanied by rains flooded large portions of the city.
Republic of Congo expands oil partnerships, eyes closer ties with Azerbaijan
The Republic of the Congo’s President Denis Sassou-Nguesso is diversifying the West African country’s oil and gas partnerships in search of reliable allies to explore its substantial reserves.
Dubai hit with a year’s worth of rain in a day
Dubai was hit with the heaviest rainfall in 75 years after a whole year’s worth of rain fell in a day on April 16, plunging the capital of the United Arab Emirates into chaos.
Slovenia's first geothermal power plant produces initial kW of electricity
Pilot geothermal power station built on an abandoned gas well produces first electricity, but investor says modifications needed for viable long-term energy generation.
France's spending on Russian LNG surges to over €600mn this year
France's spending on Russian liquefied natural gas (LNG) surged to over €600mn this year, EU data reveals, Politico reports.
What next for oil markets after Iranian strike on Israel?
For the time being, traders have apparently shrugged off fears of a direct war between Israel and Iran, but escalation is still a significant risk.
LNG imports improving EU energy security as Russian gas supplies fall to 8% of gas imports
Liquefied natural gas helps make Europe’s gas supply more secure as it doesn’t rely on existing pipeline infrastructure, allowing EU countries to diversify the sources of their imports, the European Commission (EC) said in a recent report.
Russia’s war economy boosted by rising oil prices
Brent crude oil prices remained near a six-month high this week, hovering around $90 per barrel amidst fears of an oil price spike driven by escalating geopolitical tensions in the Middle East.
EurOil: Shell mulls listing move from London to New York
AsianOil: Australia's future gas strategy needs to recognise value of LNG, industry says
Central Asian states have a coal dependency problem – report
Coal addiction in Kazakhstan and Kyrgyzstan fuels regional global warming conundrum.
Gulf Arab states urge restraint in Israel, Iran escalation
Saudi Arabia, Kuwait and the United Arab Emirates have expressed deep concerns over the recent military escalation in the Middle East following Iran's unprecedented direct attack on Israeli territory late April 13.
How much damage can Ukraine’s drone attacks on Russian oil refineries do?
Since the beginning of the year, Ukrainian drones have attacked over two dozen Russian oil refineries and several oil depots in the first sustained campaign against Russia’s oil product producing facilities.
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