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AfDB, EIB sign joint partnership action plan to fast-track development in Africa

21 January 2021

The African Development Bank (AfDB) and the European Investment Bank (EIB) have signed a joint partnership action plan that aims to strengthen co-operation and mutual development priorities.

TEHRAN BLOG: Will Biden bet on a quick return to the Iran nuclear deal?

19 January 2021

Saudis and Israelis on edge as incoming US president looks set to restore Barack Obama’s signature foreign policy achievement. The Iranians are playing it cool. But they dearly desire an end to those crushing sanctions.

Africa’s electricity unlikely to go green this decade

15 January 2021

Research from the University of Oxford predicts that total electricity generation across the African continent will double by 2030, with fossil fuels continuing to dominate the energy mix.

Ukrainian government will cap natural gas price for households in a move that endangers its IMF deal

14 January 2021

Ukrainian government will cap natural gas price for households in a move that may further jeopardise the country’s co-operation with the International Monetary Fund (IMF)

Iran’s navy conducts missile drill while analyst argues Trump even capable of nuclear strike in final days

13 January 2021

"Desperate” US president “may try to ‘wag the dog’ by ordering a strike – perhaps with a tactical nuclear warhead – on Iran’s main nuclear facility in Natanz” says former White House economic council senior adviser.

German state creates foundation to circumvent US sanctions on Nord Stream 2

10 January 2021

German state of Mecklenburg-Vorpommern seeks to create foundation to execute purchases of necessary materials for completion of Nord Stream 2, thus avoiding imminent further US sanctions.

Russia, Kazakhstan pushing for oil production increases on the back of coronavirus vaccine-fuelled oil price optimism

8 January 2021

Russia and Kazakhstan won a concession from OPEC to increase production in the coming months at the expense of the Kingdom of Saudi Arabia, which remains concerned that the second wave of the coronavirus pandemic will depress demand in 2021.

Korea deploys destroyer as Iran seizes tanker and enters war of words with Israel

5 January 2021

Tehran vows “decisive response” to any Israeli action against its scaled up nuclear programme. New worries surface that Donald Trump plans to spark conflict with Iranians.

Vast tide of floating waste threatens Balkan hydropower plants

5 January 2021

Tens of thousands of cubic meters of waste are floating on the Drina river and its tributaries as the countries in the river basin — Bosnia, Montenegro and Serbia — have failed for years to upgrade their waste management systems.

Lower hydropower generation dragged down Slovenia’s electricity output down in November

5 January 2021

Electricity generation by hydropower plants slumped in November forcing Slovenia to turn to thermal power generation and pushing up fuel consumption.

Renewables assets change hands in Romania as energy companies look to green future

4 January 2021

Demand for wind and solar parks is growing in Romania, where Hidroelectrica and Engie Romania snapped up local renewables assets in December.