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Canada Rolls Back Climate Rules in Energy Deal with Alberta

Canada Rolls Back Climate Rules in Energy Deal with Alberta

Canada's Prime Minister Mark Carney signed an agreement with Alberta's premier on Thursday that rolls back certain climate rules to spur investment in energy production, while encouraging construction of a new oil pipeline to the West Coast

MOL in Talks About Possibility of Purchasing Stake in Serbia’s NIS

MOL in Talks About Possibility of Purchasing Stake in Serbia’s NIS

Hungary acknowledged that state-controlled oil and gas company MOL is in discussions aimed at exploring the possibility of acquiring a stake in NIS. Based in neighboring Serbia, the oil refiner and service station chain operator is under sanctions that the United States imposed on its owner, Russian Gazprom Neft

Voltalia Obtains Licence for Second Solar PV Project in Albania

Voltalia Obtains Licence for Second Solar PV Project in Albania

Albania's energy regulator, ERE, said it has licensed Spitalla Solar, a special purpose vehicle of French renewables company Voltalia, for the development of a 90 MW solar photovoltaic plant near the Adriatic city of Durres, Voltalia's second solar project in the country

Indias Solar Panel Exports Slump in September as US Tariffs Bite

India's Solar Panel Exports Slump in September as US Tariffs Bite

India's solar module exports fell sharply in September to their lowest this year after U.S. trade measures curbed shipments, forcing manufacturers to redirect supplies to the domestic market, industry officials and analysts said

U.S. Poised to Lead Bosnias Stalled Gas Pipeline Project

U.S. Poised to Lead Bosnia's Stalled Gas Pipeline Project

Bosnian officials have agreed in principle that a U.S. company will be in charge of developing and managing a proposed Southern Interconnection, a gas pipeline to link Bosnia and Herzegovina to an LNG terminal on Croatia's island of Krk, the U.S. Embassy in Sarajevo said

COP30 Rejects Fossil Fuel Phase-Out Amid Open Protests from Some Countries

COP30 Rejects Fossil Fuel Phase-Out Amid Open Protests from Some Countries

The UN climate change conference, COP30, concluded Saturday in Brazil without a clear commitment to phase out fossil fuels, igniting immediate open protests from dozens of countries that warned that the summit's final draft undermines the global fight to limit warming to 1.5°C (2.7°F)

Lukoil Threatens Legal Action if Bulgaria Blocks Asset Sales

Lukoil Threatens Legal Action if Bulgaria Blocks Asset Sales

Lukoil has issued a firm warning to Bulgarian authorities, signaling that it will pursue legal action if Rumen Spetsov, appointed as the company’s special manager, obstructs the sale of its assets. The Russian energy giant is currently engaged in negotiations to find a buyer for its Bulgarian operations

Biggest US Power Grid Operator Moving Forward with Plan to Manage Data Centers

Biggest US Power Grid Operator Moving Forward with Plan to Manage Data Centers

Operators of the U.S. electric grid covering the world's largest data center market on Wednesday said they planned to move forward with a plan to manage the connection of the giant server warehouses that are propelling the country's power use to record highs and raising the risk of supply shortfalls

EU to Delay High Risk AI Rules Until 2027 After Big Tech Pushback

EU to Delay 'High Risk' AI Rules Until 2027 After Big Tech Pushback

The European Commission proposed on Wednesday streamlining and easing a slew of tech regulations, including delaying some provisions of its AI Act, in an attempt to cut red tape, head off criticism from Big Tech and boost Europe's competitiveness

EDF, OpCore to Develop 4-Billion-Euro Data Centre in France

EDF, OpCore to Develop 4-Billion-Euro Data Centre in France

French utility EDF and OpCore, a joint venture between telecoms group Iliad and InfraVia Capital Partners, have entered into exclusive negotiations to develop a hyperscale data centre, the companies said on Monday