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“OMV continues to deliver on its strategic targets. We further optimized our portfolio by selling a 49% stake in Gas Connect Austria, the gas transportation business. This will bring us sales proceeds of EUR 601 mn at closing in Q4…

The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) – the EU Bank – are supporting vital developments required for a reliable and efficient operation of the electricity transmission grid in Tunisia. Both EBRD and…

A ceremony in Chernobyl today marked the successful conclusion of the sliding operation, a key milestone before the finalization of the international programme to transform Chernobyl into an environmentally safe and secure state by November 2017. Thirty years after the…

The first-ever United Nations Global Sustainable Transport Conference concluded few days ago in the Turkmen capital, with more than 50 countries endorsing the ‘Ashgabat Statement on Commitments and Policy Recommendations,’ with a view to supporting cleaner, greener transportation – from…

In the western Himalayas, the entire village of Hamal is powered by a small hydroelectric plant on the edge of the Shalvi river. Producing 2MW per hour, the plant provides enough power to light up 100 homes at a time,…

China is at risk of wasting almost half a trillion dollars on new coal plants which could quickly become stranded assets as a result of the country’s pursuit of a lower carbon economy. That is the conclusion of a new…

Two scientific and technical cooperation programs for the period 2016 through 2021 were signed few days ago at the Gazprom headquarters, with one program inked by Gazprom, Magnitogorsk Iron & Steel Works, and TMK, and the other by Gazprom, Magnitogorsk…