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Iran's Shams Pasargad to raise capital 150% for 50 MW solar plant
Iranian solar power producer Shams Pasargad has approved a 150% capital increase to IRR10,000bn from IRR4,000bn to fund a 50 MW solar plant
Africa holds just 0.6% of global data centre capacity as power becomes key AI bottleneck
Ghana’s GRIDCo carries out emergency repairs after tanker blast damages Accra transmission tower
Ghana Grid Company Limited carried out emergency repairs on a major transmission line serving Accra on August 16 after a fuel tanker explosion damaged a high-voltage tower at Ashaiman, forcing a 15-hour power interruption in parts of the capital.
Iran, Tajikistan discuss long-term deal on crude oil, fuel supplies
Iran and Tajikistan have agreed to establish a mechanism to export petroleum products and supply Tajikistan’s refineries with crude oil and fuel under a long-term contract, Iranian Oil Minister Mohsen Paknejad said.
Iran builds 3D, 4D geomechanical model for South Pars gas field
Iranian experts have completed a three-dimensional and four-dimensional geomechanical model covering 480 square km of South Pars, a senior official at the Pars Oil and Gas Co. (POGC) said.
Sar Mountain valley in North Macedonia gets a chance to heal after hydropower plans scrapped
For years, the Leshnica Valley in North Macedonia’s Sar Mountain National Park has been caught between plans to harness its mountain rivers for electricity and efforts to preserve one of the country’s most valuable natural areas.
Iran oil, condensate output soars 300,000 bpd in July, nearing pre-war levels
Iran’s oil and condensate production climbed by 300,000 barrels per day (bpd) in July to 3.91mn bpd— a second consecutive monthly increase, according to the US Energy Information Administration (EIA).
Kazakhstan alleges $10.7bn in compromised Kashagan oil field contracts, says report
Kazakhstan is reported to have alleged in confidential international arbitration proceedings that international oil companies awarded about $10.7bn in Kashagan contracts that involved self-dealing, unjustified cost increases or bribery.
Sierra Leone begins grid work for $417mn NANT power project
Sierra Leone's Electricity Distribution and Supply Authority (EDSA) has begun work to prepare the national grid for the 108.4MW NANT power project, a major generation development expected to begin supplying electricity in the third quarter of 2027.
Czechia's Dukovany nuclear expansion cost could nearly double
Czech Vice Prime Minister and Minister of Industry and Trade Karel Havlíček admitted in public that the price tag for the Dukovany nuclear power plant enhancement could rise by CZK300bn (€12.4bn), nearly double the earlier projection.
Ghana's proposed 1.5GW Buipe solar complex enters environmental review
The project is envisaged in three phases of 100MW, 500MW and 900MW, with the 250MWh battery energy storage system planned as part of the initial 100MW phase to support grid stability.
TerraPower deepens Korean nuclear partnership
US small modular reactor developer TerraPower has expanded cooperation with South Korean companies Hyundai Engineering & Construction and SK Innovation to develop and commercialise its Natrium reactor technology.
South Korea links nuclear exports to safety support
The initiative is designed to provide a broader package of support to countries seeking to build new nuclear power plants with countries developing new nuclear capacity needing to establish their own nuclear safety regulatory systems and licensing.
India’s Juniper Green Energy wins major renewable energy contract
Juniper Green Energy has been awarded a 230-MW firm and dispatchable renewable energy (FDRE) round-the-clock project by the Solar Energy Corporation of India (SECI).
India’s ONGC Videsh gets US licence to resume full Venezuela operations
India’s Oil and Natural Gas Corporation's (NSE:ONGC) overseas arm, ONGC Videsh Ltd (OVL), has received a licence from the US Treasury's Office of Foreign Assets Control (OFAC).
Bangladesh tightens power-saving measures as gas shortages deepen amid Iran crisis
Bangladesh is stepping up electricity-saving measures as persistent natural gas shortages, power cuts and disruptions in global energy markets linked to the Iran crisis put further pressure on the country's power and energy systems.
Rooftop solar slashes power bills for Vietnamese manufacturers
Rooftop solar is helping manufacturers in northern Vietnam cut electricity costs while meeting growing demand for greener production.
Iraq pays $1.62 per barrel to Turkey for oil transported via Kirkuk-Ceyhan pipeline
Baghdad sold around 42mn barrels in July, made up of about 35mn from southern ports and 7mn from Turkey's Ceyhan terminal on the Mediterranean.
Serbia targets 500 MW gas power plant near Niš by 2030
Armenia approves financing for power link with Georgia
Armenia's government has approved agreements underpinning a €120mn loan for a project to expand electricity transmission capacity between Armenia and Georgia, part of efforts to deepen regional energy cooperation.
Iraq announces new oil plans, resumes $4bn refinery project with Japan's JGC
Iraq has drawn up new plans for pipeline expansion, crude exports, and fleet modernisation, with several major projects set to open in the coming days, backed by the government
Iraq records 2.8mn barrels in daily oil exports via southern ports
Iraq exported 2.8mn barrels of crude oil in a single day through its southern ports in Basra Province, marking a milestone achieved for the first time since the outbreak of conflict in the Strait of Hormuz
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