Free Top Stories

Rosneft builds base in Arctic

Rosneft has won subsoil rights to a new oil and gas block in the north of the Krasnoyarsk region, consolidating its position in the Arctic.

Lithuania considers banning purchases of electricity from Belarus’ nuclear power plant

President Gitanas Nauseda says he wants to prevent countries with “unsafe nuclear power plants” from exporting electricity to Lithuania, but fellow Baltic states Estonia and Latvia appear not to share his concerns.

Tajikistan’s massive Rogun hydropower dam: a blessing or a curse?

Poorest Central Asian nation Tajikistan is in danger of defaulting on its first ever Eurobond as the construction of the giant Rogun hydropower dam gobbles up scarce resources.

NEWSBASE: Third of large Russian oilfields unprofitable: Rosnedra

Russian subsoil licensing agency Rosnedra has taken an inventory of Russia’s major oilfields and found that one third of them are unprofitable to develop.

NEWSBASE: Gazprom advances LNG plans

Russia’s Gazprom has struck a deal with Germany’s Linde on setting up a joint venture to design facilities for the processing and liquefaction of natural gas.

Russia blocks booming suspicious coal exports to Ukraine via Belarus

The Russian authorities have been blocking exports of coal from its territory to Ukraine through the territory of neighbouring Belarus, according to the Ukrainian Ministry of Energy and Coal Mining.

Chinese solar power developer ReneSola sells 55 MW of Polish solar capacity to Aberdeen Standard Investments

Tusk tells Turkey “illegal” drilling in Cyprus EEZ will damage ties between Ankara and EU

Hungary utility-scale solar capacity reaches 1.1GW

Hungary can rely on two energy sources, nuclear and solar energy to meet the climate goals set out in the Paris Agreement, said President Janos Ader recently.

Cyprus accuses Turkey of “bullying tactics of an era long gone” as drill ship heads for ‘licensed’ waters

On same day, Greek PM warns Ankara not to “exploit” the migrant crisis for its own ends as overcrowded camps experience sharp spike in arrivals.

Hungary fills up gas storage facilities to full capacity

Foreign Minister Peter Szijjarto says move guarantees domestic supply security and allows Hungary to store gas for other countries, after Gazprom agrees to top up Hungary's gas reserves.

IRAN STAND-OFF: Day brings tentative step towards peaceful Gulf outcome

Tehran backs French plan for talks with US as broadly acceptable. Saudi energy minister described as “friend” by Iranian counterpart. Putin refuses to blame Islamic Republic for oil attacks. Riyadh says it wants regional “security and stability”.

Uzbekistan’s five-year goal to overhaul its energy industry

The relaxation of Uzbekistan's energy industry’s ownership has created a bonanza of redevelopment projects set to be completed in the next five years. These projects including energy generation and a general liberalisation of state ownership

Poland cannot afford climate neutrality goal in 2050 minister says

Poland’s energy sector would need €300bn-€400bn for transformation towards carbon-neutrality while the price tag for the entire Polish economy to meet the EU’s climate ambitions could be €700bn-€900bn, Energy Minister Krzysztof Tchorzewski said.

Pumps deal progresses Iran’s ambition to build pipeline to enable oil exports from Sea of Oman terminal

GULF ON EDGE: Saudi Arabia hit by ratings downgrade as reverberations from oil attacks spread

In possible sign kingdom is backing off from potential conflict, Iran says third countries have delivered messages from Riyadh.

IRAN STAND-OFF: Sour conclusion to UN Assembly week as Trump denies ever offering to drop sanctions for talks

Relations deteriorate further as Iran's president says United Nations HQ in New York should be moved to a “better country”. Meanwhile, Turkey’s Erdogan returns home saying Ankara will defy Washington by buying oil and gas from Islamic Republic.

Poland launches its first new coal mining operations in 25 years

Poland opened its first new coal-mining facility Bzie-Debina since 1994 this week, built by the biggest EU producer of coking coal Polish mining company Jastrzębska Spółka Węglowa (JSW) near the town Jastrzebie-Zdroj, close to Czech border.

Moldova signs €264mn funding package to connect to Romania’s power grid

Project is of critical importance for the diversification of Moldova’s electricity supply — but highlights the need for more generation capacity in Romania.

The cost of carbon in Russia, braced to implement the Paris Accord

Russia ratified the Paris Climate Accord on September 23, committing itself to reducing CO2 emissions to 70% of the 1990 levels. Massive forests and investment into improving energy efficiency have left Russia in a strong position to reduce CO2.

Russia's Gazprom moves ahead in buying out large subcontractors

Natural gas giant Gazprom reportedly closed a deal to buy out 100% of its largest subcontractor Stroygazmontazh controlled by stoligarch Arkady Rotenberg.

Gulf region “on edge of collapse” and “single blunder can fuel big fire” Iran’s Rouhani tells UN

Turkey “barely trying” to cut carbon emissions says National Geographic

“Climate change report card” notes, for instance, that country is pushing ahead with huge expansion of coal-fired plants. Meanwhile, largest lake in the Mediterranean region, Beysehir, seen as on course to dry out by 2040s.

Trump calls on nations to not “subsidise Iran’s bloodlust’

Russia signs off on Paris accord, sets itself an easy CO2 target

The Russian government has ratified the 2015 Paris Agreement on combating climate change, committing itself to reducing carbon dioxide emissions to 70% of 1990 levels by 2030.