Latest Stories

India suspends environmental clearance for coal power plant

14 October 2022

India’s National Green Tribunal has suspended the environment clearance granted for the Yadadri Thermal Power Station being built in Nalgonda district.

NYK to develop offshore wind education

14 October 2022

Nippon Yusen Kaisha (NYK) and Nippon Marine Enterprises are to establish a training centre for offshore wind power generation in Akita Prefecture, Japan.

Venezuela’s overblown ambitions for Petrocaribe

14 October 2022

Barring a change in US sanctions policy, reviving Petrocaribe is likely to prove difficult for Venezuela, as it cannot easily export oil or keep its refineries in good repair.

Will Ukraine suffer in darkness this winter? DTEK's Timchenko believes the energy sector can pull through with help from friends

13 October 2022

Russia’s extreme strikes on Ukraine’s energy infrastructure this week have caused international outrage and concerns that the war-torn country will suffer a cold and dark winter.

EIB sends Ukraine €550mn to restore damaged energy infrastructure following Russian missile strikes

13 October 2022

The European Investment Bank sent €550mn to Kyiv in order to restore Ukraine’s devastated energy infrastructure, Ukraine Business News reported on October 13.

Washington expected to soften Venezuelan sanctions soon, sources tell WSJ

13 October 2022

The US government may soon scale back sanctions on Venezuela government, a move that would allow for the resumption of crude oil exports from the South American country to the US, Europe and other foreign markets.

Canadian official backs Guyana’s plans to develop both oil and renewable energy

13 October 2022

Mark Berman, the Canadian high commissioner to Guyana, has said he does not believe the country’s plans to develop its oil industry as well as its renewable energy sector are contradictory.