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FSUOGM: Will Vostok Oil be able to survive under sanctions?
DMEA: Scania partners to launch biodiesel project in Côte d’Ivoire
GLNG: Indian Oil plans to double Ennore LNG terminal capacity amid push for more gas
$20bn Dangote Petroleum Refinery to list on Nigerian Exchange
Speaking to the Financial Times, Dangote revealed that the refinery would be floated on the NGX as a separate company, in what will be a significant development for the Nigerian bourse.
South Africa goes back to Stage 6 power outages
South Africa has returned to higher stages of power outages, or load shedding, with the state-owned power utility Eskom implementing stage 6 of rolling blackouts across the country.
Power cut for half a million people and four die as worst storm in 100 years hits Crimea
Oleg Kryuchkov, an adviser to the peninsula's Russian governor, said 498,000 people in Crimea have been left without electricity due to the extreme weather.
MEOG: Aramco makes gas discoveries
COP28: UAE’s renewables champion Masdar is more bark than bite
As world leaders gather in the the United Arab Emirates (UAE) capital of Dubai for the COP28 energy summit, its national renewables champion Masdar is showcasing its achievements. The only trouble is that the company is not as big as it claims to be.
Ukraine targeted with 75 Russian drones in biggest attack ever
Ukraine was struck by an attack of 75 drones on the night of November 24, the biggest single attack ever, but air defences managed to shoot down 71, Kyiv reports.
EBRD to extend €100mn loan to ING Turkey
NorthAmOil: Gulf of Mexico spill shuts in seven producers, 3% of the region’s production
Romania slashed one fifth of coal use in less than two years
High prices depressed domestic demand for electricity, allowing Romania to cut the amount of coal burnt in power plants.
Moldova halved natural gas consumption since 2021
High gas prices after political tensions with Russia resulted in the renegotiation of Moldova’s contract with Gazprom forced Moldovan companies and households to slash consumption.
Gotion InoBat Batteries JV to build gigafactory in Slovakia
Chinese-Slovak joint venture to build 20 GWh battery plant that will employ 1,500.
CEE Bankwatch slams new wave of Balkan gas projects
NGO urges development partners to stop funding fossil fuel projects in the region and focus only on renewables.
Fitch affirms Uzbekneftegaz at 'BB-'/Stable
Africa’s massive opportunity in critical minerals for the clean energy transition
Africa is home to one-third of global mineral reserves. An enormous opportunity exists to transform many African economies rich in the critical minerals needed for the clean energy transition.
Hungary bows to pressure from EU to relax tight rules on wind farms
Previous rules made it virtually impossible for developers to set up wind turbines anywhere in the country.
Moldova’s foreign trade returning to normal after energy price shock
Moldova’s foreign trade was severely impacted by the political conflict with Russia, which abandoned preferential prices starting in Q4 2021.
ENERGO: Uranium moves past the $80-per-pound mark, a level not seen in over 15 years
Foresight Energy Infrastructure Partners invests in 85 Degrees Renewables to expand Dutch geothermal business
Foresight Energy Infrastructure Partners (FEIP), an energy transition fund managed by Foresight Group, has made a substantial equity investment in 85 Degrees Renewables, a company focused on geothermal energy in the Netherlands.
Will Vostok Oil be able to survive under sanctions?
Vostok Oil, one of the largest greenfield oil projects in Russia, continues to push ahead, according to its state-owned operator Rosneft, in spite of sanctions imposed by the West.
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