energy
Editor’s Note: This is issue 134 of Ukrainian State-Owned Enterprises Weekly, covering events from May 25 – June 1, 2024. The Kyiv Independent is reposting it with permission. Energy sectorUkrainian energy facilities struck again. In the early morning of June 1, Russia attacked Ukraine’s energy infrastructure in Zaporizhzhia, Dnipro, Donetsk, Kirovohrad, and Ivano-Frankivsk oblasts, the Ukrainian Energy Ministry reported. This is Russia’s sixth massive drone strike on energy facilities since March 22, the ministry said. Because of the attack, Ukrenergo had to impose additional electricity rati...
Kyiv Independent (UK)
Editor’s Note: This is issue 134 of Ukrainian State-Owned Enterprises Weekly, covering events from May 25 – June 1, 2024. The Kyiv Independent is reposting it with permission. Energy sectorUkrainian energy facilities struck again. In the early morning of June 1, Russia attacked Ukraine’s energy infrastructure in Zaporizhzhia, Dnipro, Donetsk, Kirovohrad, and Ivano-Frankivsk oblasts, the Ukrainian Energy Ministry reported. This is Russia’s sixth massive drone strike on energy facilities since March 22, the ministry said. Because of the attack, Ukrenergo had to impose additional electricity rati...
Kyiv Independent
Editor’s Note: This is issue 134 of Ukrainian State-Owned Enterprises Weekly, covering events from May 25 – June 1, 2024. The Kyiv Independent is reposting it with permission. Energy sectorUkrainian energy facilities struck again. In the early morning of June 1, Russia attacked Ukraine’s energy infrastructure in Zaporizhzhia, Dnipro, Donetsk, Kirovohrad, and Ivano-Frankivsk oblasts, the Ukrainian Energy Ministry reported. This is Russia’s sixth massive drone strike on energy facilities since March 22, the ministry said. Because of the attack, Ukrenergo had to impose additional electricity rati...
Kyiv Independent (CA)
Disputed authorities in eastern Libya have offered the Russian oil company Taftnet a concession to build a new oil refinery, causing controversy in the divided country, with experts saying Libya did not need Russian assistance and was capable of building refinery capacity itself. Two rival governments currently claim authority over Libya,one headed by Prime Minister Abdul Hamid Dbeibah based in the capital Tripoli and another headed by his rival Osama Hammad, which has the support of the east-based Libyan House of Representatives. The proposal for a Russian-built oil refinery came from east-ba...
The New Arab
Countries are not on track to triple renewable energy capacity by 2030, despite their national energy and climate pledges, an analysis from the International Energy Agency (IEA) warns today (June 4). Official commitments in national energy and climate plans currently amount to 1300 gigawatts, IEA stated, only 12% of the goal set at COP28 of tripling capacity. If countries implemented all their pledged ambitions for 2030 however, that would amount to 11,000 gigawatts of installed global renewable capacity. This is led by European countries, the report stated, which contribute a fifth of the ple...
Euronews (English)
Oil giant Saudi Aramco said on Thursday it plans to sell 1.545 billion shares worth more than $10 billion in one of the biggest such offerings in recent years. In a statement posted to the Saudi stock exchange, Aramco announced a "secondary public offering of 1.545 billion shares", with an expected price range between 26.70 and 29 Saudi riyals ($7 to $7.70). The sale on the local bourse, which represents approximately 0.64 percent of the company's issued shares, will commence on Sunday, Aramco said. It is the firm's second listing after an initial public offering in December 2019 that raised $...
The New Arab
Washington (AFP) - Senate Majority Leader Chuck Schumer and nearly two dozen Democrats called on the Justice Department Thursday to investigate the oil and gas industry over allegations of price-fixing. The senators pointed to an investigation by US antitrust authorities into a high-profile merger that concluded there was evidence of anticompetitive practice by oil executives to boost fuel costs for Americans. "These reports are alarming and lend credence to the fear that corporate avarice is keeping prices artificially high," Democrats wrote in a letter to Attorney General Merrick Garland. Sc...
AFP
Energy ministers meeting in Brussels voted unanimously today (May 30) for the EU to officially withdraw the Energy Charter Treaty (ECT) while leaving open the possibility for member states to remain in their own capacity. Deciding on the bloc's future in the ECT was one of the commitments of the EU Belgian Presidency, the country’s energy minister Tinne Van Der Straeten told reporters today shortly before joining her counterparts at the Energy Council. Today’s decision followed a European Parliament vote last month signalling an overwhelming intention to quit the treaty. The ECT is a post-Cold...
Euronews (English)
A new proposal from Germany's government would require large petrol station operators to also offer more high-speed chargers for electric vehicles. The draft, put forward by the Cabinet on Wednesday, would require companies with at least 200 petrol stations to offer at least one 150 kilowatt charger at every petrol station from the beginning of 2028. The rule is expected to affect around a dozen companies and result in around 8,000 new fast chargers, according the Transport Ministry. Petrol stations would be given credit for existing electric chargers already installed. Germany currently has a...
DPA International
A new proposal from Germany's government would require large petrol station operators to also offer more high-speed chargers for electric vehicles. The draft, put forward by the Cabinet on Wednesday, would require companies with at least 200 petrol stations to offer at least one 150 kilowatt charger at every petrol station from the beginning of 2028. The rule is expected to affect around a dozen companies and result in around 8,000 new fast chargers, according the Transport Ministry. Petrol stations would be given credit for existing electric chargers already installed. Germany currently has a...
DPA
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