Energy

Civil society and industry push EU leaders to adopt climate neutral economy faster

-
A broad group of 100 organisations from major industrial sectors and civil society have called on European Union policymakers to accelerate the uptake of clean and renewable electricity as the most cost-effective and energy...

Six super-fast Tesla charging stations set up in Nur-Sultan

-
NUR-SULTAN, Kazakhstan - Six Superfast charging stations for Tesla electric vehicles have been set up in the capital of Kazakhstan - Nur-Sultan, Kazakhstan Energy Ministry has said. Four of the six charging stations will be...

Oil mess in Texas, OPEC caution gush crude prices

-
A surprise drop in US crude inventories and comments from Organization of the Petroleum Exporting Countries (OPEC) Secretary General Mohammad Barkindo about lower-than-expected US shale production growth in 2020 boosted crude oil prices on...

Kazakhstan begins exporting gasoline to European market

-
NUR-SULTAN, Kazakhstan - The Atyrau Oil Refinery began shipping the first batch of unleaded gasoline Ai-92 of ecological class K5 to European markets, the press service Kazakhstan’s Energy Ministry said on 14 November. The...

Kazakhstan slightly increases gas production

-
NUR-SULTAN, Kazakhstan - Gas ​​production over 10 months of this year amounted to 46.3 billion cubic metres with an increase of 1.5% compared to the same period in 2018, Kazakhstan’s Energy Ministry said on...

IEA warns clean energy insufficient to meet growing demand

-
There is a gap between the ever-higher amounts of greenhouse gas emissions being produced and the insufficiency of stated policies to curb those emissions in line with international climate targets, the International Energy Agency...

EU agrees sanctions on Turkey over Cyprus drilling

-
The European Union Council adopted on 11 November a framework for restrictive measures in response to Turkey's "unauthorized drilling activities in the Eastern Mediterranean". "The framework will make it possible to sanction individuals or entities...

France, UK, Germany, EU warn Iran over nuclear breaches

-
The European Union, France, Germany and Britain have said on 11 November that they are "extremely concerned" by Iran's decision to re-start nuclear activities at one of its key sites, in breach of the...

Kazakhstan increases uranium mining by 5%

-
NUR-SULTAN, Kazakhstan - The volume of uranium mining in Kazakhstan during ten months of this year increased by 5% and amounted to 18.7 thousand tonnes, Kazakhstan’s Energy Ministry said on 11 November. “The volume of...

Iran discovers major oil field but unlikely to be able to profit from it...

-
Iranian President Hassan Rouhani announced on 10 November in a speech in the desert city of Yazd that his country has discovered a new oil field in the country’s south with over 50 billion...

Unstoppable Nord Stream-2

-
The Nord Stream-2 pipeline, which late last month obtained a permit to construct its planned pipeline system in the Danish Exclusive Economic Zone (EEZ) southeast of Bornholm, is now ready to complete the final...

Brussels casts Zaev a thin lifeline

-
Brussels cast a thin Italian-flavoured political lifeline to North Macedonia’s Prime Minister Zoran Zaev over the last ten days, something sorely needed after Zaev had badly managed his public reactions in the period immediately...

MEPs push for CO2 neutrality by 2050 at COP25

-
Members of the European Parliament said on 6 November the EU should commit to net-zero CO2 emissions by 2050 at the UN Conference and step up its emissions’ reduction ambition for 2030. Ahead of the...

UK gets shakes over gas fracking, shuts it down

-
The British government has announced that it is imposing a moratorium on fracking over earthquake risks, ending shale gas plans in the UK. The amount of actual production that was going to come out from...

Saudi Aramco prepares IPO on Tadawul

-
Saudi Aramco, the world’s largest integrated oil and gas company, wholly owned by the Government of the Kingdom of Saudi Arabia, announced on 3 November in a press release the company’s intention to proceed...

Kazakhstan says is too early to raise the budget for new Tengiz expansion

-
NUR-SULTAN, Kazakhstan - Kazakhstan Energy Minister Kanat Bozumbayev said on 6 November he believes that the new budget of the Tengiz expansion project is too high and should be reviewed. He said it is too...

Greece’s Energean confirms higher than expected resources at Israeli field

-
Greece’s Energean Oil and Gas announced on 4 November the successful appraisal of the Karish North Discovery, confirming best estimate recoverable resources of 25 billion cubic metres plus 34 million barrels of light oil...

IEA: Offshore wind to become a $1 trillion industry helping meet EU’s 2050...

-
Offshore wind power will expand impressively over the next two decades, boosting efforts to decarbonise energy systems and reduce air pollution as it becomes a growing part of electricity supply, according to an International...

EU says Russian gas transit talks through Ukraine hit skids

-
The European Union, Russia and Ukraine concluded on 28 October the fourth round of trilateral talks at political level on the long-term transit of Russian gas via Ukraine to Europe as of next year...

Commission adopts new PCI project list for a connected European energy grid

-
The European Commission adopted on 31 October the fourth list of Projects of Common Interest (PCI) for a connected European energy grid, fit for the future providing clean, affordable and secure energy for Europeans. According...

Africa’s largest solar park provides Green energy for 1 million homes in Egypt

-
After three years of work, construction of one of the largest solar parks in the world is now complete and all its plots are now operational, the European Bank for Reconstruction and Development (EBRD)...

Nord Stream-2 gets go-ahead for Denmark build

-
The fact that Nord Stream-2 could be operational in early 2020 puts additional pressure to reach a successful conclusion of EU-Ukraine-Russia gas talks, Oxford expert tells NE   The Nord Stream-2 pipeline obtained on 30 October...

Kazakhstan to hold the first auction for the construction of a solar power station

-
NUR-SULTAN, Kazakhstan - The Ministry of Energy of Kazakhstan plans to hold the first auction on 27 November for the construction of a solar power plant with a capacity of 50 MW, Kazakhstan’s Energy...

EU disappointed with gas talks, urges Russia, Ukraine to show political will in November

-
The European Union is disappointed that there was no “positive progress” during the trilateral meeting on Russian gas transit via Ukraine to Europe on 28 October, European Vice President for Energy Union Maroš Šefčovič...

IEA highlights offshore wind role in Europe’s 2050 climate neutrality

-
Offshore wind currently provides just 0.3% of global power generation, but its potential is vast, IEA Executive Director Fatih Birol said, stressing that much work remains to be done by governments and industry for...

EIB to support climate action projects in Brazil

-
The European Investment Bank agreed on 22 October to provide €100m to Banco de Desenvolvimento de Minas Gerais, to support climate action projects in the Brazilian state Minas Gerais. The funds will be used by...

Gazprom and Fortum review Nord Stream-2 progress

-
Russian gas monopoly Gazprom and Finnish energy corporation Fortum on 22 October discussed the state and prospects of cooperation between the two companies, paying particular attention to the Nord Stream 2 project from Russia...

Highview Power to develop Cryogenic Energy Storage Facilities in UK

-
Long-duration energy storage solutions company, Highview Power, on 21 October announced plans to construct the UK’s first commercial cryogenic energy storage facility, which is also referred to as liquid air, at large scale, which...

Waste-to-energy highly efficient cogeneration plant in Poland gets EU nod

-
Polish plans to support the construction of a highly efficient municipal waste treatment facility located in Gdańsk comply with EU State aid rules, the European Commission said. The beneficiary of the aid is Port Czystej...

EU invests to upgrade Polish LNG terminal in Świnoujście

-
A €130 million investment from the European Regional Development Fund (ERDF) to expand the Liquefied Natural Gas (LNG) Terminal in Świnoujście, northwest Poland, has been approved by the European Commission, which advances the EU’s...

Resumption of peace talks may pause Turkish drilling in Cyprus EEZ

-
Incoming new EU Commission may be keener on negotiations to resolve regional East Med problems LIMASSOL, Cyprus – The possible resumption of the dormant peace talks when Cypriot President Nicos Anastasiades and Turkish Cypriot leader...

Belarus intends to buy Kazakh oil

-
NUR-SULTAN, Kazakhstan - Belarus and Russia will discuss conditions for transporting Kazakh oil to Belarus through Russian territory in the near future, Belarus President Alexander Lukashenko told reporters on 25 October after talks with...

Kazakhstan to increase oil production to 100 million tonnes over next 5 years

-
NUR-SULTAN, Kazakhstan - Kazakhstan will increase oil production from 90 million tonnes in 2020 to 100 million tonnes in 2024, Kazakh Minister of National Economy Ruslan Dalenov said on 23 October. According to him, an...

Canada’s Trudeau wins minority government

-
Canada's incumbent Prime Minister Justin Trudeau won a closely fought election on 21 October and will now have to form a minority government after his Liberal party secured 157 seats in the 338-seat parliament. Trudeau...

Kazakhstan discusses oil export to Kyrgyzstan without customs duties

-
NUR-SULTAN, Kazakhstan - Negotiations between Kazakhstan and Kyrgyzstan on the possible export of Kazakh gasoline and oil are still ongoing, Kazakhstan's Energy Minister Kanat Bozumbayev said on 22 October. “We have not yet got consensus...

NCOC and Shell drop Kalamkas-Sea and Khazar projects in Kazakhstan

-
NUR-SULTAN, Kazakhstan - The North Caspian Operating Company (NCOC) consortium, whose shareholders are Kazakhstan’s Kazmunaygas (16.88%), Royal Dutch Shell, US’ ExxonMobil, France’s Total and Italy’s ENI (16.81% each), as well as Chinese CNPC (8.33%)...

Russia’s year-to-date gas supplies to Hungary exceed 2018 total

-
Russia gas monopoly Gazprom’s supplies to Hungary over nine and a half months of 2019 totaled 8.9 billion cubic metres of gas, 17% more than in the entire year of 2018, Gazprom CEO Alexey...