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EBRD supports €3bn plan for North Macedonia's green energy transition

17 November 2023

The focus of North Macedonia's coal-to-renewables transition is the REK Bitola thermal power plant that contributes over 70% of the country's total electricity production.

MOSCOW BLOG: OFAC takes up the whack-a-mole hammer

17 November 2023

The Office of Foreign Assets Control (OFAC) hit three more UEA-flagged tankers with sanctions for busting the oil price cap sanctions yesterday night and threatened another 30 companies that operate over 100 ships.

US charges three more tankers with busting oil price cap sanctions, warns 30 more companies

17 November 2023

The US Office of Foreign Assets Control (OFAC) has charged three more UAE-flagged tanker with busting sanctions by ignoring the $60 oil price cap and has issued warning letters to 30 more shippers operating more than 100 vessels.

Bulgaria’s government close to collapse amid tensions over Russian oil imports

17 November 2023

Two of the three formations behind Bulgaria's government are threatening to pull out after disagreements over the end of the derogation for Russian oil imports.

US in dire climate straits, government report says

15 November 2023

The US is experiencing accelerated warming and “far-reaching and worsening” conditions of climate change compared with the rest of the world, according the recently released Fifth National Climate Assessment.

Serbia moves away from dependence on Russian gas with new Azerbaijan supply deal

15 November 2023

Serbia has agreed to buy 400mn cubic metres of natural gas a year from Azerbaijan from 2024, diversifying away from Russia.

The US-led price cap on Russian oil exports has failed and “almost no Russian oil is being sold for less than $60”

14 November 2023

The US-led price cap on Russian oil exports has failed and “almost no Russian oil is being sold for less than $60” the Financial Times reported on November 14, according to Western experts and Russian export data.

October 2023 capped the hottest 12 months in recorded history

14 November 2023

A new analysis of international data, released by Climate Central, reveals that global temperatures have broken records over the past 12 months.

INTERVIEW with Christine Williams: Loadshedding is just a symptom of a much bigger problem that Eskom is now expected to resolve

14 November 2023

Loadshedding is just a symptom of a much bigger problem that Eskom is now expected to resolve, said Christine Williams during an exclusive AfrElec interview.

Turkish power generator Karpowership to start supplying South Africa electricity in 2024

14 November 2023

Turkey’s power generator Karpowership, which has the world's largest fleet of floating power stations, expects to start producing 450 MW of electricity in South Africa in 2024.

Russia reportedly prepares to lift fuel restrictions

13 November 2023

Russian fuel producers have been informed by the government that they should get ready for the lifting of restrictions on diesel and gasoline exports.