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EBRD to extend €100mn loan to ING Turkey
NorthAmOil: Gulf of Mexico spill shuts in seven producers, 3% of the region’s production
Romania slashed one fifth of coal use in less than two years
High prices depressed domestic demand for electricity, allowing Romania to cut the amount of coal burnt in power plants.
Moldova halved natural gas consumption since 2021
High gas prices after political tensions with Russia resulted in the renegotiation of Moldova’s contract with Gazprom forced Moldovan companies and households to slash consumption.
Gotion InoBat Batteries JV to build gigafactory in Slovakia
Chinese-Slovak joint venture to build 20 GWh battery plant that will employ 1,500.
CEE Bankwatch slams new wave of Balkan gas projects
NGO urges development partners to stop funding fossil fuel projects in the region and focus only on renewables.
Fitch affirms Uzbekneftegaz at 'BB-'/Stable
Africa’s massive opportunity in critical minerals for the clean energy transition
Africa is home to one-third of global mineral reserves. An enormous opportunity exists to transform many African economies rich in the critical minerals needed for the clean energy transition.
Hungary bows to pressure from EU to relax tight rules on wind farms
Previous rules made it virtually impossible for developers to set up wind turbines anywhere in the country.
Moldova’s foreign trade returning to normal after energy price shock
Moldova’s foreign trade was severely impacted by the political conflict with Russia, which abandoned preferential prices starting in Q4 2021.
ENERGO: Uranium moves past the $80-per-pound mark, a level not seen in over 15 years
Foresight Energy Infrastructure Partners invests in 85 Degrees Renewables to expand Dutch geothermal business
Foresight Energy Infrastructure Partners (FEIP), an energy transition fund managed by Foresight Group, has made a substantial equity investment in 85 Degrees Renewables, a company focused on geothermal energy in the Netherlands.
Will Vostok Oil be able to survive under sanctions?
Vostok Oil, one of the largest greenfield oil projects in Russia, continues to push ahead, according to its state-owned operator Rosneft, in spite of sanctions imposed by the West.
REM: Governments are failing us on climate change as COP28 nears
Uzbekistan’s Saneg launches shale ore exploration
COMMENT: Governments are failing us on climate change as COP28 nears
The outcome of COP28 won’t save the world from climate chaos. That much is clear, with major economies failing on climate change, the US continuing to drill fossil fuels and China building more coal-burning plants.
The planet exceeded 2 C warming on November 17
Earth briefly passed the threshold of 2 degrees Celsius warming on November 17 for the first time, a milestone that climate scientists have long warned about.
Kazakhstan: Authorities to gingerly allow LPG prices to rise
It was a price rise of this fuel that led to nationwide unrest in 2022.
EurOil: DEPA in talks with Gazprom on 2024 gas supply
AsianOil: Pertamina strikes CCS deals with US majors
INTERVIEW: Green transition must be a just transition, says EBRD chief economist
EBRD research shows majority in transition countries believe climate change will severely affect the children of today, but fewer people are willing to pay to address the climate emergency.
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