Free Top Stories

CEZ income surge constrained by special taxes and levies

11 August 2023

Czech power group confirmed its forecast for the full year earnings to drop by at least half y/y because of the levy and windfall tax.

Uganda picks Russia, South Korea to build two nuclear plants with total 15,000MW capacity

9 August 2023

Uganda, rich in untapped uranium deposits, plans to export electricity generated by the NPPs to underserved countries in the region including the DR Congo, South Sudan and Chad.

EU gas tanks close to full, traders switch to Ukraine storage

9 August 2023

European gas storage tanks were 87.7% full as of August 6, well ahead of the schedule that demands they reach 90% by November 1, according to GIE, leading traders to switch to storing more gas in Ukraine’s underused tanks.

Black Sea war zone threatens to knock out Kazakh oil

8 August 2023

Tankers imperilled as, following drone attacks on shipping, aide to Ukraine’s president says everything the Russians are moving back and forth on the sea is now a “valid military target".

Future without load shedding possible for South Africa, Eskom board chairperson says

7 August 2023

Other than saying it was possible to envision an end to outages plaguing South Africa, Eskom's board chairman remained vague when questioned about timelines for key developments at the troubled utility.

ADNOC to acquire stake in Azerbaijan’s Absheron gas field

7 August 2023

The Abu Dhabi National Oil Co. (ADNOC) this week agreed a deal to buy into its first international upstream project, through the acquisition of a 30% stake in Azerbaijan’s offshore Absheron gas field.

US discussed ‘creative ways’ to help get rare earths out of Mongolia

4 August 2023

Surrounded by China and Russia, landlocked country is in a delicate geopolitical position.

OMV Petrom hires Saipem to build Neptun Deep offshore infrastructure for €1.6bn

4 August 2023

Neptun Deep is Romania's biggest Black Sea offshore natural gas project, with total investments expected at €4bn.