Latest Stories

Azerbaijan's State Oil Fund reports over $5bn in losses from asset management and FX in first nine months

29 November 2022

SOFAZ reported losses from asset management of $2.659bn, or 5.7% of its value, as well as extra-budgetary expenses amounting to $2.46bn, largely due to exchange rate appreciation.

Gazprom admits Moldova paid its bills but keeps December deliveries at under half of contracted amount

29 November 2022

Energy crisis in Moldova continues as Gazprom refuses to increase deliveries, accusing Chisinau of "frequent payment breaches".

Three contenders reportedly in race for Enel’s €1.9bn Romanian energy assets

29 November 2022

Italian utility group Enel plans to sell its subsidiaries in several countries including Romania next year.

Increasing cost pressures, design flaws undermine Spanish onshore wind auction

28 November 2022

A “disappointing” 46MW has been awarded of the 3.3 GW up for tender in Spain’s latest onshore wind auction.

Denmark collaborates on offshore wind zones in India

28 November 2022

Denmark and India are collaborating on the first 15 offshore wind zones off India.

Microsoft, Google, Renault commit to buying more renewables

28 November 2022

Microsoft, Google and car-maker Renault have signed deals for 1.35 GW of renewable energy.