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AfrElec: S&P Global downgrades South Africa’s economic outlook amid worsening energy crisis
Latest mass missile attack kills at least six civilians in Ukraine and cuts off Zaporizhzhia NPP
Russia launched its first mass missile attack since mid-February, killing at least six people and causing blackouts across the country on March 9.
EU court rules Bulgaria unlawfully allowed coal-fired Maritsa East 2 plant to pollute the air
The Bulgarian government granted the Maritsa East 2 TPP a derogation to burn more coal and emit almost double the amount of sulphur dioxide allowed by EU law.
PPC reportedly seals deal to buy Enel’s Romanian assets for €1.26bn
Italian utility Enel plans to sell its subsidiaries in several countries including Romania.
GLNG: Australian LNG terminals export less in February as fears grow over short-term market intervention
How cryptocurrency mining froze a Kazakh city
Inhabitants of Ekibastuz who were left without heating on freezing winter days have a much different understanding of the term “crypto winter” than digital money enthusiasts.
German investor to build €1bn PV panel factory in Romania
AE Solar’s factory to meet one-third of the EU market’s demand when it reaches full capacity as Europe seeks to reduce dependence on solar panel imports.
Uzbekistan: Unringing the bell
News reported last week about Uzbekistan preparing to accommodate Russian gas in its pipelines may not have been true, despite officials initially stating otherwise.
Court ruling on Hidroelectrica management calls into question IPO planned this year
Ruling invalidated the selection of Romanian state-controlled hydropower group Hidroelectrica’s management back in 2019.
ENERGO: Court ruling on Hidroelectrica management calls into question IPO planned this year
Uzbekistan making final adjustments to accommodate Russian gas imports
Deliveries had reportedly been expected to start March 1, but that deadline has come and gone.
FSUOGM: Ukraine’s Naftogaz makes $1bn loss in 2022
MEOG: Abraj signs PNZ deal
DMEA: Luberef signs Yanbu expansion deal
Russia's oil product exports slumped by 20% in February, but seaborne export volumes remain robust
Russia's oil product exports have slumped by 20% in February, marking the lowest level since May 2022, according to tanker tracking data reported S&P on March 2 in a note. Shipborne exports of crude, however, have held up well and remain robust.
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