Free Top Stories
Croatia’s PM to fire INA managers if they refuse to resign over corruption scandal
Standoff between government and management at Croatian oil and gas company after large-scale embezzlement.
Could Mongolia host a China-Russia oil pipeline?
Russia proudly unveiled plans in 2019 to build a second natural gas pipeline to China, this time traversing Mongolia. As the EU drives to sever all energy ties with Russia, Moscow now appears to be pushing for an oil pipeline too.
AsiaElec: Chinese coal plant construction to increase
Putin in SCO meeting with Berdimuhamedov says Russia aims to diversify economic ties with Turkmenistan
Nuclear power's share dropped to record low in OECD, but solar jumped to record highs thanks to hot summer
Germany’s decision to take its nuclear power plants offline, coupled with production problems with France’s NPPs, saw the share of nuclear power in the OECD countries year to date fall to its lowest level ever, but solar boomed.
Amid global energy crisis Balkan states reach out to energy-rich Azerbaijan
With the deepening energy crisis in the West triggered by Russia's intervention in Ukraine, European countries including Bulgaria and Serbia are eyeing alternative suppliers for additional natural gas volumes.
AfrElec: Saudi ACWA Power announces plans to expand into Moroccan market
ENERGO: Czechia to support businesses struggling with energy bills, but national windfall tax proposal shelved
LONG READ: Can Europe keep the lights on this winter?
Europe faces a major energy crisis this winter that will test the continent’s power supply systems to the limit. The EU wants to reach zero emissions by 2050, but power plant decommissioning has exposed the bloc to Russian gas blackmail.
EU proposes €140bn windfall tax on non-gas energy
Under the windfall tax plan, companies would be required to hand over their excess profits over a cap of €180/MWh.
Poland to freeze electricity price for households up to 2,000 kWh consumption
Like its neighbours, Poland is facing an energy crisis in 2023 because of the expected huge hikes in electricity and heat prices.
MOSCOW BLOG: Commodities fall but power prices stay high
Gas prices have fallen heavily in the last weeks, as it seems after Europe’s gas storage tanks hit the 80% full mark some of the panic is fading.
INTERVIEW: "We are focused on supporting Ukrainian businesses and government needs" – Dimitar Bogov, EBRD
Russia’s invasion of Ukraine has devastated the country, causing billions of dollars worth of damage to infrastructure, houses and industry. Kyiv and its international allies have discussed a “Marshall Plan” for Ukraine at several key events.
Czech government imposes national energy price caps
The Czech price cap is seen as a back-up plan in case a common EU-level approach is not reached.
Czechia and Slovakia accelerate decoupling from decades-long nuclear partnership with Moscow
Central European states are moving to widen the cutting off of Russian energy links beyond gas, oil and coal.
Commodity prices fall across the board as the market adjusts to the sanctions realities
The war in Ukraine will go into its eighth month next week and commodity prices are coming off their record-breaking highs as the market adjusts to the new realities.
EurOil: EU energy ministers clash over Russian gas price cap proposal
FSUOGM: Equinor finishes exit from Russia
NorthAmOil: EQT announces $5.2bn Appalachian acquisition
Shale gas producer EQT said this week that it had entered into an agreement with THQ Appalachia I and THQ-XcL Holdings I to acquire Tug Hill’s upstream operations and XcL’s midstream gathering and processing assets.
AsianOil: Australia awards permits for evaluation of CCS opportunities
The Australian government has awarded permits for companies to undertake evaluation and appraisal work for the potential storage of carbon dioxide (CO2) in the country’s waters.
GLNG: Woodside signs binding supply agreements with Commonwealth LNG
AfrOil: Eni acquires BP’s upstream Algerian assets
Italy’s Eni has reached agreement with BP (UK) on the acquisition of the latter company’s upstream assets in Algeria.
LatAmOil: Petrobras considers offering CCS services to third parties
Brazil’s national oil company Petrobras is looking into the possibility of broadening the scope of its carbon capture and storage programme and may begin offering services to third parties.
Follow us online