Free Top Stories

RIDDLE: A valve that cannot be shut off

14 August 2023

Despite the numerous economic sanctions imposed by Russia and Ukraine (along with their allies) on each other, the gas trade turnover between the two countries amounted to $6.1bn in 2022 and has not stopped despite the war.

CEZ income surge constrained by special taxes and levies

11 August 2023

Czech power group confirmed its forecast for the full year earnings to drop by at least half y/y because of the levy and windfall tax.

Uganda picks Russia, South Korea to build two nuclear plants with total 15,000MW capacity

9 August 2023

Uganda, rich in untapped uranium deposits, plans to export electricity generated by the NPPs to underserved countries in the region including the DR Congo, South Sudan and Chad.

EU gas tanks close to full, traders switch to Ukraine storage

9 August 2023

European gas storage tanks were 87.7% full as of August 6, well ahead of the schedule that demands they reach 90% by November 1, according to GIE, leading traders to switch to storing more gas in Ukraine’s underused tanks.

Black Sea war zone threatens to knock out Kazakh oil

8 August 2023

Tankers imperilled as, following drone attacks on shipping, aide to Ukraine’s president says everything the Russians are moving back and forth on the sea is now a “valid military target".

Future without load shedding possible for South Africa, Eskom board chairperson says

7 August 2023

Other than saying it was possible to envision an end to outages plaguing South Africa, Eskom's board chairman remained vague when questioned about timelines for key developments at the troubled utility.

ADNOC to acquire stake in Azerbaijan’s Absheron gas field

7 August 2023

The Abu Dhabi National Oil Co. (ADNOC) this week agreed a deal to buy into its first international upstream project, through the acquisition of a 30% stake in Azerbaijan’s offshore Absheron gas field.