Kazakhs prepare to boost oil exports
Production
Russia has lifted its embargo on oil exports from Kazakhstan to other Commonwealth of Independent States (CIS) and the central
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Iran sanctions threaten dollar: EU sources
Production
European Union diplomats are warning that US financial sanctions targeting Iran’s oil and gas exports could force the world to
Norway’s fund demands corporate shakeup
Industry
The US$1-trillion Norges Bank Investment Management (NBIM), the world’s biggest sovereign wealth fund, is calling for better corporate governance in
Spain agrees deal to close coal mines
Policy
Spain is due to close most of its coal mines by the end of 2018 after the Socialist-led coalition government
Serbia, Hungary want TurkStream gas
Production
Serbia is eager to be linked to the TurkStream pipeline project, according to Belgrade’s minister of mines and energy, Aleksandar
Budget airline blames fuel price for slump
Industry
The spiralling fuel prices and the burden of compensation for passengers affected by plane engines deemed faulty has reduced profits
Total signs EV charging deal
Storage
French fossil-fuel giant Total and electric-vehicle infrastructural developer ChargePoint have signed a deal to “lay the groundwork for the next
Equinor hails quarterly profits
Production
Norway’s Equinor has enjoyed another period of strong growth in the third quarter amid “value enhancing transactions” as the state-run
Russia replaces west at Saudi conference
Policy
Echoing moves into Iran after Donald Trump’s withdrawal from the 2015 nuclear deal, Russia and China have filled the holes
Poland opts for US LNG in Gazprom snub
Industry
Poland’s state-run gas utility PGNiG has signed a 20-year deal for US liquefied natural gas (LNG) imports and says it
EU and Gates agree green energy fund
Policy
The European Commission has signed an agreement with the Bill Gates Foundation’s Breakthrough Energy to establish a joint investment fund
Spain axes defunct ‘sun tax’
Policy
Spain earlier this month cancelled the controversial “tax on the sun” in measures aimed at tackling rising electricity costs and
Montenegro hosts anti-Albania dam protest
Environment
Environmental campaigners have cycled from Montenegro’s capital to the border with Albania to protest at Tirana’s construction of a dam
Crowdfunding bid for Orkney tidal power
Environment
Orbital Marine Power, based on the Orkney Isles in the North Sea, has launched an investment bid that promises to
Novatek signs Rostock LNG deal
Production
Russian gas producer Novatek says it is partnering with Belgium’s gas transmission system operator Fluxys for the construction of an LNG (liquefied natural gas)