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COP28 leader defends controversial remarks
Sultan al-Jaber, the oil executive who is leading the COP28 climate summit in Dubai, has rocked the conference with highly controversial remarks that there is “no science” that phasing out fossil fuels is necessary.
US vows to maintain pressure on Russian energy sector for decades to come
The US ambition is to halve Russia’s revenues from oil and gas by the end of the decade.
More countries to start producing electricity from nuclear power, says IAEA
About a dozen new countries should start producing electricity from nuclear power in the next few years, according to IAEA head Rafael Mariano Grossi, including Ghana, Kenya, Morocco, Nigeria, Namibia, the Philippines, Kazakhstan and Uzbekistan.
COP28: Greenpeace asks if nine European oil and gas majors are “getting away with murder”
Releases study showing 360,000 people could die prematurely before the end of the century because of global heating caused by companies’ 2022 greenhouse gas emissions alone.
Lukoil mulls sale of Bulgarian refinery, petrol stations
Russian oil company to reassess its presence in Bulgaria and could sell its business after Bulgarian parliament banned imports of Russian oil from March 2024.
Transition risks for petrostates higher than ever, says report
Petrostates are currently confronted with significant challenges arising from the ongoing energy transition. The diminishing demand for oil and gas is exerting downward pressure on commodity prices, which in turn threatens future revenue streams.
GLNG: Shell decreases stake in Atlantic LNG as BP increases holding in restructuring deal
COP28: North Macedonia launches just energy transition platform to mobilise €3bn
Goal is to expedite energy transition and facilitate the deployment of 1.7 GW of new renewable energy capacity by 2030.
Energo: Ukraine to import 500 MW from Europe amidst energy infrastructure challenges
DMEA: Zimbabwe's Maswera invests in LPG
Russian oligarch to revive woolly mammoths in a real life Jurassic Park to stop Siberian permafrost melting
Russian billionaire chemicals oligarch Andrey Melnichenko has a plan to resuscitate prehistoric woolly mammoths to the frozen wastes of Siberia and Yakutia to stop the permafrost melting, which would be a climate catastrophe.
AsianOil: Japan’s JERA gets the OK on LNG stockpiling plan
EurOil: BP's long search for a new CEO continues
FSUOGM: Turkmenistan joins Global Methane Pledge at COP28
MEOG: Jordan considers its gas options
Uzbekistan still studying nuclear power plant tech of various countries, says energy minister
COP28 talks to save the planet could fall at first fence as oil producers and some rich countries call only for “phase down” of fossil fuels.
The COP28 talks in Dubai to save the planet from a climate catastrophe look like they are going to fall at the first fence as the oil lobby and some big economies push for a “phasing down” of fossil fuels, rather than the “phasing out”.
AfrElec: CAR’s second solar photovoltaic power plant inaugurated
IMF: World needs more policy ambition, private funds, and innovation to meet climate goals
International cooperation is more important than ever because no country can address climate change by itself.
COP28: Turkmenistan joins Global Methane Pledge
Country’s president announces in Dubai that Turkmens will join world effort to seal “super-emitter” sites. Planet-heating gas pours out of remote Central Asian nation at alarming rate.
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