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Energy
COP29: EBRD invests in landmark solar projects in Azerbaijan
The European Bank for Reconstruction and Development (EBRD) announced a landmark investment at COP29 in Baku,…
Egypt, EBRD to boost partnership to accelerate sustainable energy transition
Egypt has signed renewable energy agreements with private sector partners, achieving a total capacity of 4.7…
Russian gas supplies to Austria suspended over pricing dispute
Russian gas flows to Austria remained suspended for a second day on Sunday following a pricing dispute between…
ADB, Masdar sign $160m deal for Azerbaijan’s solar projects
The Asian Development Bank (ADB) and Abu Dhabi Future Energy PJSC (Masdar) have signed two loan agreements totaling…
Egypt signs MoUs for 5.2 GW renewable energy projects
The Egyptian Electricity Transmission Company (EETC) signed on Thursday two memorandums of understanding (MoUs) to…
US mulls investment in Poland’s 1st nuclear plant
The US International Development Finance Corporation (US DFC) is considering an investment of over 4 billion zlotys…
S.Arabia launches carbon market to fund climate projects
Saudi Arabia has taken a significant step towards addressing climate change by launching a carbon trading market.
Norway takes control of key gas infrastructure
The Norwegian Ministry of Energy has successfully concluded agreements with seven companies to acquire key parts of…
OPEC cuts ’24 global oil demand forecast
The Organisation of the Petroleum Exporting Countries (OPEC) lowered its forecast for global oil demand growth in…
Russia, India eye long-term oil supply pact
Russia and India have agreed to expedite the conclusion of a long-term intergovernmental agreement on Russian oil…
