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LONDON: United Kingdom energy companies are seeking a massive government bailout as a surge in gas and electricity prices threatens to push suppliers out of business.
Energy companies and the UK government are continuing crisis talks as rising energy prices and supplies going out of business threaten to put a squeeze on consumers in the coming winter.
WASHINGTON (Reuters) -The United States on Monday imposed sanctions on an Eritrean official it accused of being engaged in serious human rights abuse in the conflict in Ethiopia's Tigray region, as Washington warned it would continue to target those involved in prolonging the conflict.
PHNOM PENH (The Phnom Penh Post/ANN): Growers and suppliers of cashew nuts and geographical indication- (GI) certified Kampot pepper will soon have a chance to sell their products to Chinese consumers through the e-commerce platform Alibaba.com, according to the Ministry of Economy and Finance’s Entrepreneurship Development Fund (EDF) on Tuesday (Aug 3).
MEXICO CITY (Reuters) - Mexico's methane leak rate from oil and gas operations is twice as high as that of the world's top oil producer, the United States, a group of researchers found in a report due to be released this week.
VIENTIANE (Vientiane Times/ANN): The Lao government and shareholders in Nam Theun 2 hydropower plant have agreed to develop Nam Theun 2-Solar, which is claimed to be the world's largest hybrid floating solar project.
Foreign investors face difficult choices about operating in Myanmar after the February military coup, with few taking the route of leaving as has Norwegian telecoms group Telenor.
BEIJING (AFP): China said Tuesday (June 15) radiation levels remained normal at one of its nuclear power plants and there were no safety concerns, after the station's French operator reported a gas build-up.
BEIJING (Reuters): French energy company EDF (EDF.PA) is investigating a potential issue linked to a build-up of inert gases at its nuclear plant in China's southeastern province of Guangdong.
BEIJING (Global Times): All indicators of the Taishan Nuclear Power Plant in Taishan, South China's Guangdong Province and its surrounding environment are normal, according to continued monitoring data, the China General Nuclear Power Corporation (CGN), the operator of the plant, said in a statement sent to the Global Times on Monday (June 14), refuting reports of an alleged fission gas leak at the plant.