A cyberattack has paralyzed the Iranian smart fuel distribution network and caused massive transport disruptions. “The disruption at the refueling system of gas stations… in the past few hours, was caused by a cyberattack.Technical experts are fixing the problem and …
The Organisation for Economic Co-operation and Development (OECD) said that several nations, including the United Kingdom, the European Union, and the United States, have agreed to discontinue giving export credits for coal-fired power stations. According to the Paris-based organization, the …
Lebanon raised its fuel prices on Oct. 20 by about 25 percent as the government removed all subsidies on petroleum products amid a worsening economic crisis. Local Lebanese media National News Agency reported that the price of 20 liters of …
A Russian nuclear power station in the southern city of Rostov-on-Don activated emergency shutdown procedures after a steam leak was discovered. “Unit Two at Rostov Nuclear Power Plant has been shut down and put on maintenance because of a steam …
Egypt, Greece, and Cyprus signed an agreement on Oct. 19 that would link Egypt to the European Union’s energy market with an undersea cable across the Mediterranean. Presidents Abdel Fattah El-Sisi of Egypt and Nicos Anastasiades of Cyprus signed the …
Skyrocketing fuel prices have prompted three energy providers to leave Singapore in less than a week. Power provider Ohm Energy announced on its website on Oct. 15 that it left Singapore’s energy market, explaining that recent disturbances in the energy …
Brazilian President Jair Bolsonaro is prepared to privatize Petrobras, an oil company, after being blamed for gasoline price hikes, and would be consulting the initiative with his economic aides. The issue centered on Petrobras has been politicized as energy prices …
Lebanese officials said that the country’s power supply was restored after two power stations shut down operations for 24 hours due to energy shortage. Lebanon’s energy ministry said that it has secured $100 million from the central bank to keep …
China has started unloading imported Australian coal that were left stashed outside Chinese ports for a year since Beijing blocked trades with Canberra. Traders report that some stranded cargoes of Australian thermal coal have been discharged to China last month …
Afghanistan is facing imminent winter blackouts with the Taliban unable to pay foreign electricity suppliers, according to a report by the Wall Street Journal. About 70 percent of Afghanistan’s electricity relies on foreign companies, and former CEO of the country’s …