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Australia

ARENA Gets $1.62bn Boost from the Australian Government to Cut Emissions

In Australia, the prime minister and the minister of energy and emissions reduction have announced $1.62 billion in funding for the Australian Renewable Energy …

Iberdrola Announces New €1.5bn Renewables Investment Plan

Spanish multinational utility Iberdrola has announced that it plans to triple its renewable energy capacity in Andalusia within the next five years.

Libya

Easy Solar Closes $5m to Scale-Up Energy Access in West Africa

Easy Solar has closed $5m to scale-up energy access in Sierra Leone and Liberia.

South Africa

New Analysis Shows Onshore Wind Energy Potential Can Power Africa

Developing Africa’s huge onshore wind energy potential can boost its transition to affordable and reliable clean energy.

Nuclear Power Plant

Russia Approves Modernisation of PIK Reactor

Russia’s Glavgosexpertiza experts have approved the project for the modernisation of the PIK reactor at BP Konstantinov St Petersburg Nuclear Physics Institute…

Nuclear Fuel

Brazil Plans Uranium-Phosphate Extraction Plant in Santa Quitéria

The government of Brazil's northeast state of Ceará and the Santa Quitéria Consortium have signed a Memorandum of Understanding for the construction of a uran…

Nuclear Power Plant

Polish Government to Take over Nuclear Development Firm

The shareholders of PGE EJ1, the company set up to build and operate Poland's first nuclear power plant, have signed a letter of intent with the State Treasury …

Nuclear Equipment

Russia Completes Steam Generators for Akkuyu and Bangladesh Units

Rosatom has completed the delivery of steam generators for the Akkuyu 1 and Rooppur 1 units under construction in Turkey and Bangladesh.

Solar Power Plant

EDF Renewables Expands Irish Portfolio with Solar Acquisition and New Office

EDF Renewables has acquired Ireland-headquartered Wexford Solar Limited, which includes eight solar projects totalling around 100MW of capacity across the count…

Crude Oil

Russian Oil Production Tops OPEC+ Quota In September

Russia produced an average of 9.93 million bpd of crude oil and condensates last month, a little above its OPEC+ quota but still down 11.8 percent on the year, …

Oil & Gas Trade

Iraq Boosts Oil Exports Despite OPEC+ Pledges

Despite promises to keep in line with the OPEC+ pact, Iraq – OPEC’s second-largest producer and biggest laggard in implementing the cuts – slightly raised it…

Oil & Gas Trade

Oil Companies Cut More Jobs As Demand Recovery Remains Uncertain

Suncor Energy is cutting as much as 15 percent of its workforce—a total of 2,000 jobs—as demand destruction and low prices have created an adapt or die scenar…

Oil Price

Oil Falls Further After Trump's Positive Test for COVID-19

Oil prices extended losses to more than 3 per cent on Friday after U.S. President Donald Trump said he has tested positive for the coronavirus, while a U.S. sti…

Solar Power Plant

Bosnian Region Grants Concession Deal for 73 MW Solar Power Plant

With an estimated annual production of 108.7 gigawatt-hours (GWh) of electricity per year, the "Trebinje 1" plant would be the country's largest so far.

Oil & Gas Trade

Golar Power Offers Top Bid for Petrobras's LNG Import Terminal

Golar Power Ltd has submitted the top bid for a highly-sought-after liquefied natural gas import terminal being leased by Brazil's state-run energy firm Petrobr…