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COMMENT: Can China compensate for Russia’s losses on the European gas market?
“Building the Power of Siberia 2 gas pipeline from Russia to China is a rational decision that would have made sense even before the war, but the project will never be able to replace Russia’s decimated gas trade with Europe."
FSUOGM: Novatek sees slight rise in gas supply in Q1
Iran eyes overseas power plant development
Iran plans to expand its power plant development projects overseas, including renewable energy generation.
REM: US to restore tariffs on bifacial solar panels
AfrOil: Libya top African oil producer in March with 1.24mn bpd, surpasses Nigeria, says OPEC
The 'wet-bulb' set to kill hundreds of thousands of people if temperatures and humidity levels continue to rise
Temperatures are continuing to rise to new all-time highs as global warming accelerates. People have started to die because of the extreme heat and it’s only a matter of time before the “wet-bulb” effect kills large numbers of people.
Iran’s two major clubs officially sold to banks, petchem companies
Iran's Economy Minister Ehsan Khandouzi has confirmed the transfer of ownership of the country's top two football clubs, Persepolis and Esteghlal to the private sector to continue playing in the Asian football league.
COLLINGWOOD: Ukraine’s power blackout means a dark future
In the last week, two pieces of legislation have been passed, one in Kyiv and one in Washington, that appear to go some way to addressing the most pressing problems Ukraine faces in its war with Russia. They do not.
MEOG: Eni farms down Ghasha stake
DMEA: Egypt detains LPG tanker after grounding
PANNIER: Gulf investment commitments to Central Asia rival sums once pledged by China
Since Russia lost leverage in the region after invading Ukraine, many countries have sought to fill the gap. In terms of pledged capital, the Arab nations have become big players.
SEFE concerned as Russia targets gas storage tanks in Ukraine
German gas trader SEFE has expressed concern over recent Russian attacks targeting Ukraine's largest underground storage facility with a capacity of 30bcm.
Will the Baku-Supsa pipeline become Azerbaijan's second oil export artery?
Despite the global "green transition," predictions of decreasing demand for fossil fuels have not yet been realized. And sanctions imposed on Russia are rewriting energy export routes.
Hungary aims to double geothermal energy use by 2030
Hungary already uses geothermal energy as a clean alternative to fossil fuel in district heating, but has vast untapped reserves.
Poland's first nuclear plant may carry €35bn price tag
Construction is expected to start in 2026, but the head of nuclear power SPV Polskie Elektrownie Jadrowe (PEJ) warns the costs will be high.
Equatorial Guinea awards Petrofac $350mn five-year contract centred on Zafiro oilfield
Petrofac awarded $350mn technical services contract by Equatorial Guinea's state oil company GEPetrol to support its operations in offshore Block B when it takes over the asset from ExxonMobil in June.
Premier Energy announces €125mn IPO in Bucharest to boost renewables portfolio
Bucharest Stock Exchange becomes increasingly attractive for investors after last year's Hidroelectrica IPO.
Namibian community rejects green hydrogen port expansion project serving Germany’s Hyphen
Hyphen Hydrogen Energy, a JV between renewables group Enertrag SE and investment/project development company Nicholas Holdings, aims to produce 2mn tonnes of green ammonia/ year in Namibia.
Xlinks warns cost of Morocco-UK Power Project could rise some 25% to reach $30bn
UK renewable energy producer Xlinks, noting significant upward pressure on the cost of all energy projects, warns construction of the Morocco-UK Power Project could cost $30bn, up from initial $24bn target.
French oil group Rubis inks deal to become strategic investor in NOC Kenya
French oil multinational Rubis is set to become a strategic investor in the struggling National Oil Corporation of Kenya
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