Free Top Stories

INTERVIEW: Green transition must be a just transition, says EBRD chief economist

21 November 2023

EBRD research shows majority in transition countries believe climate change will severely affect the children of today, but fewer people are willing to pay to address the climate emergency.

Political turmoil in Iran's oil sector as minister's potential resignation sparks controversy

20 November 2023

Speculation over the potential resignation of Iran's Oil Minister, Javad Owji, has intensified in recent days, with key allegations of corruption and resistance against President Ebrahim Raisi's directive for the removal of two senior oil directors.

KSE: Bold measures are needed as Russia’s oil is slipping beyond G7 reach

20 November 2023

Russia has successfully dodged the $60 oil price cap sanctions. Bold action needs to be taken to make sure the rule is enforced.

Power Player Profile: Marcus Nemadodzi, South African power station Arnot general manager

20 November 2023

Marcus Nemadodzi, general manager at Arnot power station in Middleburg, South Africa, believes the turnaround in his station’s performance is already under way.

Denmark to police sanction-busting Russian tankers leaving the Baltic Sea?

19 November 2023

The European Commission may ask Denmark to block the exit from the Baltic Sea and introduce inspections on Russian oil tankers as a way to enforce the $60 oil price cap sanctions, France24 reported on November 18.

EBRD supports €3bn plan for North Macedonia's green energy transition

17 November 2023

The focus of North Macedonia's coal-to-renewables transition is the REK Bitola thermal power plant that contributes over 70% of the country's total electricity production.

MOSCOW BLOG: OFAC takes up the whack-a-mole hammer

17 November 2023

The Office of Foreign Assets Control (OFAC) hit three more UEA-flagged tankers with sanctions for busting the oil price cap sanctions yesterday night and threatened another 30 companies that operate over 100 ships.

US charges three more tankers with busting oil price cap sanctions, warns 30 more companies

17 November 2023

The US Office of Foreign Assets Control (OFAC) has charged three more UAE-flagged tanker with busting sanctions by ignoring the $60 oil price cap and has issued warning letters to 30 more shippers operating more than 100 vessels.

Bulgaria’s government close to collapse amid tensions over Russian oil imports

17 November 2023

Two of the three formations behind Bulgaria's government are threatening to pull out after disagreements over the end of the derogation for Russian oil imports.

US in dire climate straits, government report says

15 November 2023

The US is experiencing accelerated warming and “far-reaching and worsening” conditions of climate change compared with the rest of the world, according the recently released Fifth National Climate Assessment.