This is Beirut, 26/09 14:52 - Reading : 2 minute(s)
Iran Rosatom Russia Energy Nuclear
Iran and Russia signed a $25 billion deal to build nuclear power plants in the Islamic republic, Iranian state media reported Friday, just hours ahead of the likely return of sweeping UN sanctions on Iran. "A deal for the construction of four nuclear power plants with a value of $25 billion in Sirik, Hormozgan, was signed between the Iran ...
This is Beirut, 10/09 17:55 - Reading : less than a minute
Cuba Energy Electricity Blackout
Cuba suffered a nationwide blackout on Wednesday, the fifth on the cash-strapped Caribbean island in under a year, the energy ministry announced. "A total disconnection of the SEN electricity system has occurred, which may be associated with an unexpected shutdown" of the Antonio Guiteras thermoelectric power plant, the island's biggest, the ...
This is Beirut, 12/08 14:00 - Reading : 1 minute(s)
Lebanon Cabinet WorldBank Energy Technology Beirut
The Cabinet will convene on Wednesday at the Grand Serail to debate a set of high-impact national issues, with a major focus on securing international financing and advancing critical infrastructure projects. At the forefront is a $250 million loan agreement with the World Bank to fund the Renewable Energy and Power System Enhancement Project. ...
This is Beirut, 11/08 19:35 - Reading : 1 minute(s)
Power was out on Monday across Iraq as scorching summer temperatures pushed demand on the electricity grid to unprecedented levels, authorities said. The electricity ministry said the grid suffered a "total outage" as heat reached 48-50°C in Baghdad and central and southern regions. It said two transmission lines were shut down "due to a record ...
This is Beirut, 02/08 13:30 - Reading : 1 minute(s)
Turkey Azerbaijan Syria Energy
Turkey on Saturday began supplying natural gas from Azerbaijan to Syria, whose infrastructure has been ravaged by a long civil war, with annual deliveries expected to reach up to two billion cubic meters. Syria's Islamist authorities, who toppled Bashar al-Assad in December, are seeking to rebuild the battered country where power cuts can ...
This is Beirut, 18/07 17:45 - Reading : less than a minute
United Kingdom Europe Russia Ukraine Energy
The UK on Friday joined the EU's sweeping new package of sanctions on Russia over the Ukraine war, targeting its energy sector by lowering a price cap for Moscow's oil exports. "We're striking at the heart of the Russian energy sector alongside the EU. Together we will continue to apply relentless pressure on (Russian President Vladimir) Putin, ...
Liliane Mokbel, 15/06 14:40 - Reading : 2 minute(s)
Gulf Israel Strait of Hormuz Iran economy energy
As the Middle East flares up amid mounting tensions between Iran and Israel, one urgent question dominates global attention: Is Tehran ready to close the Strait of Hormuz, a crucial lifeline for the world’s energy supply? On Friday night, Emmanuel Macron sounded a stark warning. In a statement, the French president cautioned, “We must brace ...
This is Beirut, 10/06 18:05 - Reading : less than a minute
Greece is now racing to build battery storage amid fears of losing its surplus energy.
This is Beirut, 02/06 16:50 - Reading : 1 minute(s)
Lebanon Washington Energy Reform Syria WorldBank
Lebanon’s Minister of Energy and Water, Joe Saddi, is on an official visit to Washington, where he has held a series of high-level meetings with United States officials and World Bank representatives in a bid to secure international backing for Lebanon’s ailing energy sector. Saddi met with Laura Lochman, the Deputy Assistant Secretary for ...
Liliane Mokbel, 30/05 13:00 - Reading : 4 minute(s)
Power plant maintenance is resuming, the local fuel market is well supplied, and electricity rationing is beginning to ease gradually. These improvements raise the prospect of an average electricity supply of twelve hours per day. Yet, without activating the Regulatory Authority – mandated by law for more than twenty years – the resolution of ...
This is Beirut, 29/05 18:20 - Reading : 2 minute(s)
Syria signed a $7 billion energy deal on Thursday with a consortium of Qatari, Turkish, and US companies as it seeks to revive the war-torn country's crippled power sector. The agreement was sealed at the presidential palace in Damascus in the presence of interim President Ahmed al-Sharaa and US ambassador Thomas Barrack. It aims to generate ...
Liliane Mokbel, 29/05 13:00 - Reading : 3 minute(s)
EDL Europe Hezbollah US Congress Energy
Arab support for the revival of Lebanon’s energy sector is back in the spotlight. On the sidelines of the Arab Summit in Amman, Prime Minister Nawaf Salam reopened this crucial file with his Jordanian counterpart. Shortly after, Lebanese Finance Minister Yassine Jaber and Energy and Water Minister Joe Saddi discussed the main points of energy ...