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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.
Russian attacks devastate Ukrainian energy infrastructure
Russian strikes in the early hours of April 11 inflicted severe damage on Ukraine’s energy infrastructure, including the near-complete destruction of the largest power plant in the Kyiv region, the Tripoli Thermal Power Plant.
DTEK Energy Holding unveils 1.5-GW green energy plan
DTEK Energy Holding, Ukraine’s largest private energy company, has announced plans to inject 1.5 GW of renewable energy into the country's power grid over the next three years.
AfrElec: World Bank launches $1.4bn programme to transform Ethiopia's electricity sector
MEOG: Iraq turns attention to Wasit
Poland’s Orlen paid $400mn to scammers for oil that never arrived
'National champion' oil group humiliated by deal with unchecked middleman in scandal that only emerged after dismissal of CEO appointed by PiS government.
Russian coal exports barely break even
Export prices for Russian thermal coal have fallen to their lowest since 2021 due to low demand in major export markets that are being served from the Far Eastern ports. The export price for coal has declined by 6%-13% year to date.
Lukoil expands in Kazakhstan
Lukoil is expanding its oil and gas operations in Kazakhstan, amid limited overseas opportunities for the company because of Russia’s increased international isolation.
MOL opens largest green hydrogen plant near Budapest in CEE region
Hungarian oil and gas giant MOL has inaugurated one of Europe's largest green hydrogen plants and the biggest in CEE to support refinery operations at its facility south of Budapest from a €22mn investment.
IEA: Methane emissions at an all-time high need to be reduced by 75% by 2030 at a cost of $170bn
Methane emissions are 80 times more damaging than carbon dioxide. Rather than falling, they are currently at an all-time high and rising. The IEA says they need to fall by 75% by 2030 if the Paris Accord targets are going to be met.
Ghana’s Tema Oil Refinery denies alleged Chinese takeover push amid whistleblower claims
TOR, a 45,000-bpd facility, has been plagued by issues since an explosion at its crude distillation unit in early 2017 and was closed completely between July 2020 and January 2021. TOR denies having held talks with China's Senuto
China moves past India as top importer of Russian crude via sea
China has emerged as the foremost purchaser of Russian seaborne crude, outstripping India's import volumes, according to data from energy cargo tracker Vortexa
E.ON building big solar farm for BMW's Hungarian EV plant
BMW is building a €1bn vehicle plant and a €1bn battery plant in Hungary's fastest-growing industrial hub.
Disrupted refining boosts Russian oil exports in March
Russian oil companies significantly increased offshore oil exports to 3.8mn barrels per day in March 2024 amid refinery utilisation problems, up by 5% year on year and making the highest oil exports since May 2023.
Polish energy stocks fall after government hints at dropping plan to carve out coal assets
Industry minister says new plan is to link coal-fired power plants with specific mines instead.
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