Latest Stories

The Global Biofuel Alliance and revamping future power generation

12 September 2023

With the world focused on the refusal of the G20 to condemn Russian aggression against Ukraine in New Delhi, Indian efforts at establishing a worldwide biofuel alliance took something of a back seat when news agencies did their usual summit wrap-up.

Czech oil imports from Russia rose to a decade high in 1H23

11 September 2023

Share of Russian crude oil imports into Czechia is the highest since 2012 at 65%.

Five CEE countries to work jointly on vertical gas corridor market tests

11 September 2023

Bulgaria, Greece, Hungary, Romania and Slovakia will work jointly to test the market interest in capacity expansion projects along the so-called Vertical Gas Corridor.

Gas purchase contract between Argentina and Bolivia to end sooner than expected

11 September 2023

Argentina’s ambassador to Bolivia said an addendum to the gas purchase contract between the countries would move the end date from 2026 to mid-2024. Bolivia may not be able to meet capacity requirements should the initial end date remain enforced.

Unplanned dam constructions threaten Iran’s ecosystem

11 September 2023

The unintended consequences of these ambitious dam projects have raised concerns about their long-term sustainability and impact on the environment.

Fate of Iran-Russia $40bn oil and gas deal hangs in the balance

11 September 2023

Over a year has passed since the signing of the monumental $40bn memorandum of understanding between Iran and Russia's Gazprom, yet the fate of this ambitious energy deal remains uncertain.

Guyana's oil and gas sector grew 98.4% in first half of 2023

11 September 2023

Guyana’s president has announced that the country's oil-and-gas sector grew by 98.4% during the first six months of 2023. This industry was the main driver of Guyana’s 59.5% economic growth for the same period.

Russian oil still India's cheapest option, despite a shrinking discount

11 September 2023

Russian oil will continue to be the cheapest option for India, even with the Urals discount to Brent dropping to $4-5, according to a review by Kpler cited by Kommersant on September 8.

Hungarian government backs down from solar energy regime changes

11 September 2023

The government has faced an unusually stern criticism from the Fidesz faction for retroactively altering financial conditions for homes bound by existing contracts

Indonesian move to label some TPPs as ‘sustainable’ sparks criticism

11 September 2023

Indonesia's recent decision to classify coal-fired power plants (TPPs) that operate outside power-supply chains and only serve the industrial sector as sustainable has ignited a wave of criticism from energy and finance experts.

Kyrgystan’s top minister appeals to citizens to conserve electricity amid energy sector state of emergency

11 September 2023

Kyrgyzstan’s Chairman of the Cabinet of Ministers Akylbek Japarov on September 8 appealed to citizens to conserve electricity wherever possible amid the state of emergency across the country’s energy sector that will run until the end of 2026.