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Kyrgyz president’s appeal for foreign creditors to agree “debt-for-nature” swaps gets nowhere
Sadyr Japarov lamented cold shoulder at the UN.
Power Player profile: South African billionaire entrepreneur Patrice Motsepe
South African mining billionaire businessman Patrice Motsepe is the founder and executive chairman of African Rainbow Minerals, a diversified mining and minerals company with operations in South Africa and Malaysia.
NorthAmOil: Exxon to acquire Pioneer for $60bn
US imposes first punishments for ignoring Russian oil price cap sanctions
US officials have imposed sanctions on companies violating the $60 per barrel price cap on Russia's seaborne crude exports for the first time on October 12.
COMMENT: Non-Western tankers carry most of Russian crude exports, G7 oil price cap fails
Three-fifths of Russia's seaborne crude exports are now being shipped by tankers not required to comply with the G7 oil price cap, according to S&P Global data, as the oil price cap sanctions are increasingly seen to have failed.
France agrees lithium exploration deal with Mongolia during presidential visit
Progress also made on deal for uranium cooperation.
Fossil fuel subsidies on the rise
According to calculations by the International Monetary Fund (IMF), $7 trillion were spent on direct and indirect subsidies for fossil fuels in 2022.
Kazakhstan assesses potential Russian natural gas supply transit volumes for Uzbekistan
Nato threatens 'determined response' to possible Balticconnector sabotage
The damage to the pipeline has caused many to point the finger at Russia, which has also been accused of damaging the two Nordstream gas pipelines to Germany a year ago.
Africa should follow renewables path with caution, South Africa’s energy minister says
South Africa’s Mineral Resources and Energy Minister Gwede Mantashe said African leaders should follow China’s example by checking the reliability and efficiency of new energy technologies before unbundling old technologies.
Finland says subsea pipeline damage appears to be deliberate
Finnish media reported that the Finnish government and the Finnish Defence Forces suspect Russia attacked the Balticconnector gas pipeline.
European Parliament welcomes Uzbekistan’s commitment to reduce greenhouse gas emissions
‘Gobsmackingly bananas:' Record temperatures in September shock climate scientists
Global temperatures were so high in September that one climate scientist has described the situation as “absolutely gobsmackingly bananas.” Records were broken in September, and August and July were also the hottest ever.
REM: ‘Gobsmackingly bananas:' Record temperatures in September shock climate scientists
Brazil to unfreeze $700mn for building of major Mozambican dam after seven-year hiatus
COMMENT: Oil markets on tenterhooks as Hamas attack on Israel stokes contagion fears
Global oil markets face the possibility of a price spike following the surprise attack by Hamas militants on Israel, which has seen hundreds killed and the start of a new war that could potentially threaten energy flows in the region.
Improving Ukraine’s corporate governance will be key to attracting billions in investment
Ukraine needs to raise hundreds of billions of dollars of investment to rebuild its economy after the war is over. But as the country is dubbed one of the most corrupt countries in Europe, that will be hard unless it can improve corporate governance.
ENERGO: Improving Ukraine’s corporate governance will be key to attracting billions in investment
Ozone hole three times larger than Brazil opens up above Antarctica
Europe’s Copernicus Sentinel-5P satellite shows that the ozone hole is one of the largest on record, according to the European Space Agency (ESA), and measured 26mn square kilometres on September 16, 2023 – roughly three times the size of Brazil.
Bulgaria’s miners, energy workers plan national protest
Angered by plans to phase out coal, workers plan strike and protests aimed at bringing down PM Nikolai Denkov's reformist government.
Bosnia likely to end deal with Chinese consortium on Tuzla 7 coal plant construction
State-owned Elektroprivreda BiH threatens to cancel deal after repeated delays in starting project.
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