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Turkey hikes wholesale electricity price ceiling by 4%
Turkey’s energy watchdog EPDK has hiked the price ceiling on the Day Ahead Market at Energy Exchange Istanbul (EPIAS) to TRY2,700/MWh from TRY2,600/MWh, effective as of July 1, the authority said on July 3.
Romania's Hidroelectrica valued at €9.4bn in historic IPO
Long-awaited IPO of Romanian hydropower major was the biggest in the history of the Bucharest Stock Exchange.
Uzbekistan almost quadruples imports of Russian oil
Uzbekistan has increased purchases of Russian oil in transit through Kazakhstan by almost four times. Some 10,700 tonnes of oil were shipped from Russia to Uzbekistan through Kazakh territory in 1Q23.
Will Russian gas transit via Ukraine end after 2024?
Ukraine has delivered a stark warning that Russian gas transit via its territory, one of only two remaining routes that Russian gas can flow to Europe, is likely to cease at the end of next year with the expiry of a five-year deal with Russia.
MEOG: Launch nears at South Pars 11
REM: Confidence in wind industry rocked by quality problems at turbine maker Siemens Gamesa
NorthAmOil: Suncor probing cyber attack amid warnings of Russia-aligned hacks on Canada’s oil and gas sector
Hidroelectrica IPO in Romania heavily oversubscribed
Individual investors placed orders for 48.4mn shares worth €1.1bn in hydropower major Hidroelectrica in the first five days of the eight-day IPO.
Pollution from Western Balkan coal power plants surged in 2022
Energy crisis distracted governments from the need to phase out consumption of coal and other polluting fuels, says Bankwatch report.
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