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Oman Regains its ‘BBB-‘ Credit Rating Thanks to Budgetary Reforms
Oman regains its investment status after seven years of financial uncertainty marked by a credit rating downgrade in 2016. Rating agency Standard & Poor's (S&P) has announced the upgrade of Oman’s credit rating from ‘BB+’ to ‘BBB-’ with a stable outlook. This decision reflects the country’s sustained efforts to rebalance its public finances through structural reforms and prudent debt management. The government implemented a medium-term financial plan which, combined with a rationalization of public spending, has generated budget surpluses.
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Oman Regains its ‘BBB-‘ Credit Rating Thanks to Budgetary Reforms
Oman regains its investment status after seven years of financial uncertainty marked by a credit rating downgrade in 2016. Rating agency Standard & Poor's (S&P) has announced the upgrade of Oman’s credit rating from ‘BB+’ to ‘BBB-’ with a stable outlook. This decision reflects the country’s sustained efforts to rebalance its public finances through structural reforms and prudent debt management. The government implemented a medium-term financial plan which, combined with a rationalization of public spending, has generated budget surpluses.
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Favoritism at EDF: The PNF Appeals Henri Proglio’s and the Group’s Acquittal
The Parquet National Financier (PNF) has announced its decision to appeal the Paris Correctional Court’s ruling, which acquitted Henri Proglio, former Chairman and CEO of EDF, along with the group and eleven other individuals, in a case involving allegations of favoritism. The case centers on a series of consulting contracts directly awarded by EDF between 2010 and 2016, raising concerns about the transparency of the company’s contracting practices.
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Favoritism at EDF: The PNF Appeals Henri Proglio’s and the Group’s Acquittal
The Parquet National Financier (PNF) has announced its decision to appeal the Paris Correctional Court’s ruling, which acquitted Henri Proglio, former Chairman and CEO of EDF, along with the group and eleven other individuals, in a case involving allegations of favoritism. The case centers on a series of consulting contracts directly awarded by EDF between 2010 and 2016, raising concerns about the transparency of the company’s contracting practices.
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France: Michel Barnier and the “ecological debt” challenges and perspectives in energy policy
French Prime Minister Michel Barnier commits to reducing France's "ecological debt" while developing nuclear and renewable energy sources. However, NGOs and experts criticize the lack of concrete measures and financial commitments.
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France: Michel Barnier and the “ecological debt” challenges and perspectives in energy policy
French Prime Minister Michel Barnier commits to reducing France's "ecological debt" while developing nuclear and renewable energy sources. However, NGOs and experts criticize the lack of concrete measures and financial commitments.
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US 2024 Election: Key Issues for the American LNG Sector
The 2024 US presidential election could reshape the trajectory of the liquefied natural gas (LNG) sector, with Kamala Harris and Donald Trump offering divergent strategies that could impact the regulatory framework, export permits, and international commercial perspectives.
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US 2024 Election: Key Issues for the American LNG Sector
The 2024 US presidential election could reshape the trajectory of the liquefied natural gas (LNG) sector, with Kamala Harris and Donald Trump offering divergent strategies that could impact the regulatory framework, export permits, and international commercial perspectives.
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The French e-fuels industry faces critical deadlines for 2030
The French e-fuels sector needs to accelerate the development of its 26 ongoing projects to meet European decarbonation goals by 2030. The next 18 months will be crucial to structuring this emerging ecosystem.
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The French e-fuels industry faces critical deadlines for 2030
The French e-fuels sector needs to accelerate the development of its 26 ongoing projects to meet European decarbonation goals by 2030. The next 18 months will be crucial to structuring this emerging ecosystem.
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Texas Faces Energy Cost Increases in 2023: Thermal Outages and High Demand as Main Drivers
An in-depth analysis reveals that thermal plant outages and peak demand accounted for most of the electricity price increases in Texas in 2023, overshadowing the impact of ancillary services.
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Texas Faces Energy Cost Increases in 2023: Thermal Outages and High Demand as Main Drivers
An in-depth analysis reveals that thermal plant outages and peak demand accounted for most of the electricity price increases in Texas in 2023, overshadowing the impact of ancillary services.
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Henri Proglio and EDF Acquitted in the Consultant Contract Case
EDF and its former CEO Henri Proglio have been acquitted in a favoritism case related to consultancy contracts awarded between 2010 and 2016. The court ruled that there was no evidence of a criminal intent, despite the accusations from the Parquet National Financier.
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Henri Proglio and EDF Acquitted in the Consultant Contract Case
EDF and its former CEO Henri Proglio have been acquitted in a favoritism case related to consultancy contracts awarded between 2010 and 2016. The court ruled that there was no evidence of a criminal intent, despite the accusations from the Parquet National Financier.
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The French Council of State Demands a Decree to Regulate Wind Farm Deployment
The French Council of State has dismissed complaints regarding renewable energy development targets while calling for the issuance of a decree to clarify wind farm deployment rules in France.
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The French Council of State Demands a Decree to Regulate Wind Farm Deployment
The French Council of State has dismissed complaints regarding renewable energy development targets while calling for the issuance of a decree to clarify wind farm deployment rules in France.
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Renewable energy dominates Dutch electricity production in 2024
For the first time, renewable energy has generated more than half of the total electricity produced in the Netherlands, accounting for 53% of the energy mix in the first half of 2024, according to data from Centraal Bureau voor de Statistiek (CBS).
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Renewable energy dominates Dutch electricity production in 2024
For the first time, renewable energy has generated more than half of the total electricity produced in the Netherlands, accounting for 53% of the energy mix in the first half of 2024, according to data from Centraal Bureau voor de Statistiek (CBS).
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France: High Council for Climate, Impact of Budget Cuts on Climate Policy
The High Council for Climate (HCC) criticizes the government's budgetary strategy, highlighting a weakening of France's decarbonation efforts. The reduction in funding hampers the achievement of carbon neutrality goals set for 2050.
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France: High Council for Climate, Impact of Budget Cuts on Climate Policy
The High Council for Climate (HCC) criticizes the government's budgetary strategy, highlighting a weakening of France's decarbonation efforts. The reduction in funding hampers the achievement of carbon neutrality goals set for 2050.
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High-voltage power line to Fos-sur-Mer: Validation of the contested corridor
The Prefect of Provence-Alpes-Côte-d'Azur has approved a route for the high-voltage power line linking Jonquières-Saint-Vincent to Fos-sur-Mer. This project, supported by the industry, faces strong opposition from local officials and environmental groups.
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High-voltage power line to Fos-sur-Mer: Validation of the contested corridor
The Prefect of Provence-Alpes-Côte-d'Azur has approved a route for the high-voltage power line linking Jonquières-Saint-Vincent to Fos-sur-Mer. This project, supported by the industry, faces strong opposition from local officials and environmental groups.
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Engie strengthens its position in Brazil with a major victory in the 2024 transmission auction
Engie secured the main lot in Brazil's second power transmission auction of 2024, with an investment of 2.9 billion reais, further solidifying its expansion strategy in the country’s energy infrastructure sector.
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Engie strengthens its position in Brazil with a major victory in the 2024 transmission auction
Engie secured the main lot in Brazil's second power transmission auction of 2024, with an investment of 2.9 billion reais, further solidifying its expansion strategy in the country’s energy infrastructure sector.
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EDF and Henri Proglio Face Trial for Favoritism Over 44 Contracts Without Competition
EDF and its former CEO Henri Proglio are on trial for contracts awarded without public tender between 2010 and 2016. The Parquet National Financier estimates the value of these contracts at €36 million, involving consultants close to the executive.
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EDF and Henri Proglio Face Trial for Favoritism Over 44 Contracts Without Competition
EDF and its former CEO Henri Proglio are on trial for contracts awarded without public tender between 2010 and 2016. The Parquet National Financier estimates the value of these contracts at €36 million, involving consultants close to the executive.
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Storm Helene Forces Shutdown of Southern Company and Duke Energy Units
Storm Helene led Southern Company and Duke Energy to suspend or reduce production at key power units to protect the regional grid, impacting millions of consumers across the southeastern United States.
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Storm Helene Forces Shutdown of Southern Company and Duke Energy Units
Storm Helene led Southern Company and Duke Energy to suspend or reduce production at key power units to protect the regional grid, impacting millions of consumers across the southeastern United States.
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Millennium Challenge Corporation Funds the Expansion of Sierra Leone’s Electric Grid
Sierra Leone receives a 480-million-USD investment from the Millennium Challenge Corporation to strengthen its electricity infrastructure and provide reliable power to 4.6 million people, targeting sustainability and sector efficiency.
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Millennium Challenge Corporation Funds the Expansion of Sierra Leone’s Electric Grid
Sierra Leone receives a 480-million-USD investment from the Millennium Challenge Corporation to strengthen its electricity infrastructure and provide reliable power to 4.6 million people, targeting sustainability and sector efficiency.
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U.S. Transmission Infrastructure Threatens Energy Transition
The lack of transmission infrastructure in the United States is hampering the expansion of renewable energy, according to industry experts, and could compromise decarbonation goals.
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U.S. Transmission Infrastructure Threatens Energy Transition
The lack of transmission infrastructure in the United States is hampering the expansion of renewable energy, according to industry experts, and could compromise decarbonation goals.
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Hurricane Helene Causes Over 4.7 Million Power Outages in the Southeastern United States
The passage of Hurricane Helene causes over 4.7 million power outages in the Southeastern United States, impacting energy infrastructures and mobilizing restoration efforts.
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Hurricane Helene Causes Over 4.7 Million Power Outages in the Southeastern United States
The passage of Hurricane Helene causes over 4.7 million power outages in the Southeastern United States, impacting energy infrastructures and mobilizing restoration efforts.
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Iowa Energy Fund activates financing for state decarbonization
The Iowa Energy Fund (IEF) facilitates access to federal funding to support energy efficiency and clean energy projects, boosting decarbonization in Iowa.
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Iowa Energy Fund activates financing for state decarbonization
The Iowa Energy Fund (IEF) facilitates access to federal funding to support energy efficiency and clean energy projects, boosting decarbonization in Iowa.
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French electricity producers warn of impact of new tax
Major players in the French electricity sector are warning of the potential consequences of a new tax on electricity production, which could significantly affect their investments and long-term strategies.
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French electricity producers warn of impact of new tax
Major players in the French electricity sector are warning of the potential consequences of a new tax on electricity production, which could significantly affect their investments and long-term strategies.
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Edison diversifies its activities in Italy
Edison SpA enters the fiber optics market, adding a service to its offering for Italian households in a context of strong competition among energy suppliers.
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Edison diversifies its activities in Italy
Edison SpA enters the fiber optics market, adding a service to its offering for Italian households in a context of strong competition among energy suppliers.
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Germany: Climate mobilization slumps in the face of energy priorities
The "Fridays for Future" movement in Germany has seen a drop in mobilization, with only 75,000 demonstrators, revealing a growing disinterest in climate policies.
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Germany: Climate mobilization slumps in the face of energy priorities
The "Fridays for Future" movement in Germany has seen a drop in mobilization, with only 75,000 demonstrators, revealing a growing disinterest in climate policies.
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Ukraine obtains a €35 billion loan from the EU for its energy sector
The European Union is granting a 35 billion euro loan to Ukraine to compensate for the destruction of its energy infrastructure, damaged by Russian strikes, and avert an energy crisis this winter.
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Ukraine obtains a €35 billion loan from the EU for its energy sector
The European Union is granting a 35 billion euro loan to Ukraine to compensate for the destruction of its energy infrastructure, damaged by Russian strikes, and avert an energy crisis this winter.
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Ukraine faces major energy challenges ahead of winter 2024
With Russian attacks on energy infrastructure intensifying, Ukraine needs to strengthen its network to ensure reliable supplies this winter, according to recommendations from the International Energy Agency (IEA).
Centrale Thermique en Ukraine
Ukraine faces major energy challenges ahead of winter 2024
With Russian attacks on energy infrastructure intensifying, Ukraine needs to strengthen its network to ensure reliable supplies this winter, according to recommendations from the International Energy Agency (IEA).
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Energy information systems: An asset for governments, says IEA
Energy information systems are a strategic lever for governments to monitor their energy transition and decarbonization objectives, but their implementation remains uneven.
TEMPLATE ENERGYNEWS(478)
Energy information systems: An asset for governments, says IEA
Energy information systems are a strategic lever for governments to monitor their energy transition and decarbonization objectives, but their implementation remains uneven.
TEMPLATE ENERGYNEWS(478)
Brazil validates return to daylight saving time to relieve energy demand
Brazilian energy authorities approve the restoration of daylight saving time to reduce pressure on the power grid, in response to the drought affecting hydroelectric production.
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Brazil validates return to daylight saving time to relieve energy demand
Brazilian energy authorities approve the restoration of daylight saving time to reduce pressure on the power grid, in response to the drought affecting hydroelectric production.
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Strike by EDF employees in Guadeloupe: power generation under pressure
In Guadeloupe, the strike by EDF PEI employees continues to affect electricity distribution. Negotiations are struggling to reach agreement, leaving 13,400 households still without electricity, despite the plant's partial return to service.
TEMPLATE ENERGYNEWS(470)
Strike by EDF employees in Guadeloupe: power generation under pressure
In Guadeloupe, the strike by EDF PEI employees continues to affect electricity distribution. Negotiations are struggling to reach agreement, leaving 13,400 households still without electricity, despite the plant's partial return to service.
TEMPLATE ENERGYNEWS(470)

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