Free Top Stories

Russia's oil revenues in January higher than from before the war

8 February 2024

Russia’s budget earned more money from oil taxes in January 2024 than it did in January 2023, Ministry of Finance (MinFin) reported on February 7.

Uzbekistan: Car buyers turning to foreign brands

8 February 2024

China’s automakers are easily dominating market share for imports. Almost 80% of foreign-bought vehicles arrived from there in 2023.

Earth has already passed 1.5 degrees warming, says study

7 February 2024

The Earth may have passed 1.5 degrees Celsius of warming and in fact could soon reach 2 degrees, say international researchers who studied 300-year-old sea sponges in the Caribbean.

OFAC “smart sanctions” target turbine lubricants and additives in an effort to stop Russian military production

7 February 2024

Two days before Christmas the US Treasury’s Office of Foreign Assets Control (OFAC) quietly released new sanctions on an esoteric product group: turbine lubricants. But these "smart sanctions" could bring Russian industry to a standstill.

Orlen sold Lotos assets for at least €1.15bn below market value, state auditor says

6 February 2024

Warsaw-listed fuels and energy giant Orlen sold assets of peer Lotos PLN5bn (€1.15bn) below their market value, according to a report by the state audit body NIK.

Five companies interested in building new reactors at Bulgaria's Kozloduy NPP

5 February 2024

Russian companies not allowed to bid for expansion of Bulgaria's only nuclear power station, intended to ensure country's energy security.

New Polish government dismisses Orlen chief as clean-up after PiS continues in state companies

2 February 2024

Investigations launched into sell-off of assets in Lotos merger, and company’s lowering of fuel prices before the election last year.

Russia oil product exports fall by a third due to Ukrainian drone attacks on refineries

2 February 2024

Russia is increasingly struggling to maintain the export of oil products after at least half a dozen long-distance Ukrainian drone attacks on refineries caused fires causing temporary halts in production at facilities across western Russia.

Favourite Westinghouse ejected from Czech nuclear tender

31 January 2024

Czech premier announces French EDF and South Korean KHNP will be asked to submit binding offers for up to four new units at the Dukovany and Temelin nuclear power plants.