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India Says No Advisory to Stop Clean Energy Funding

India Says No Advisory to Stop Clean Energy Funding

India's clean energy ministry on Sunday said it had not issued any advisory to pause or halt new financing for the sector. The clarification came after Reuters reported on Friday that the ministry had urged lenders to proceed slowly in financing new solar module plants because supply had exceeded demand.

Bulgaria Seals Major Deal for Kozloduy NPP’s New Nuclear Units

Bulgaria Seals Major Deal for Kozloduy NPP’s New Nuclear Units

A new contract tied to the future construction of Kozloduy NPP’s seventh and eighth units was signed at the Council of Ministers between Kozloduy NPP–New Power Plants and the LEP-BWXT-CNPSA consortium. Energy Minister Zhecho Stankov described the agreement as a milestone, calling the project the most significant undertaking not only for the current decade but also for the next one

Kosovos Guarantee Fund, BKT Renew, Expand SME Loan Facility

Kosovo's Guarantee Fund, BKT Renew, Expand SME Loan Facility

Kosovo Credit Guarantee Fund (KCGF) said it has agreed with local bank BKT Kosovo to extend and expand a 2016 agreement to facilitate financing to local small and medium enterprises (SMEs) for investment in measures for improving energy efficiency

TotalEnergies Says Mozambique LNG Partners to Provide Additional Equity

TotalEnergies Says Mozambique LNG Partners to Provide Additional Equity

French oil major TotalEnergies and its fellow partners on the $20 billion Mozambique LNG project have agreed to provide additional equity to replace the previous contributions of British and Dutch export credit agencies, it said on Tuesday.

Romania Approves Decree to Take Control of Lukoils Local Assets

Romania Approves Decree to Take Control of Lukoil's Local Assets

Romania's coalition government approved a decree on Tuesday enabling it to take control of the local assets of companies under international sanctions, such as Russia's Lukoil. Lukoil has 320 petrol stations in Romania, operates the

Holcim Croatia Obtains Strategic Status for its Carbon Capture Project

Holcim Croatia Obtains Strategic Status for its Carbon Capture Project

The Croatian government has granted strategic status to a carbon capture and storage project developed by cement producer Holcim Croatia. The project would create the first system of its kind in the country, paving the way for Croatia’s first decarbonized cement plant

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