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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.
Perspectives | China wants the Line D pipeline. Can Central Asia deliver?
Beijing is leaning toward buying additional Central Asian gas, despite reliability concerns.
Kyiv emerges warm and victorious from worst winter since World War 2
Wind and sleet greeted the first spring morning in Kyiv. Despite the miserable weather, March 1 marks another victory for Ukraine; the survival of the dreaded winter.
Russia’s 500,000 bpd production cut goes into effect as production and exports surge
Russia starts reducing its oil output by 500,000 barrels per day from March 1 in a one-month production cut that is intended to “stabilise the market,” according to Deputy Prime Minister Alexander Novak.
UN inspectors confirm ‘near nuclear weapon-grade’ uranium particles found in Iran
Tehran denies discovery is meaningful. Israel steps up sabre-rattling. CIA chief says his agency has no evidence Iranians are moving to “weaponise”.
AsiaElec: China reacts to end of unofficial ban on Aussie coal
GLNG: Germany eyes fourth-highest global LNG import capacity by 2030
LONG READ: Russia abandons deceptively deep Baltic discounted prices for market prices in Asia
The discounts Russia is being forced to offer on its oil exports after twin sanctions were imposed look big, but thanks to huge changes in the market the real price Russia gets for its oil is much higher.
Bulgarian police raid coal-fired power plants in EPPO fraud probe
Investigation concerns suspected EU Emissions Trading System fraud causing millions of euros of losses to the state and EU budget.
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