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India asks power firms to import coal on electricity demand

  Bloomberg India asked power manufacturers to keep importing coal to meet increasing demand for electricity even as prices of the fossil fuel surged. The power companies need to resolve issues related to rising prices and stick to the power-purchase agreement, the Ministry of Power said in a statement. “Not maintaining adequate fuel stocks or not giving availability on any ...

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Trading arm of Gazprom risks rattling energy markets

  Bloomberg The trading arm of Russia’s gas giant Gazprom PJSC is under increasing pressure as clients and peers flee in response to the war in Ukraine, posing a risk for energy markets from the UK to Germany and Singapore. Gazprom Marketing & Trading is facing liquidity problems as banks delay its transactions and peers refuse to deal with it, ...

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When fighting Putin comes before climate change

On the day Russia launched its all-out attack on Ukraine, Svitlana Krakovska was holed up in her home city of Kyiv, working feverishly to finish a report. As leader of the Ukrainian delegation to the Intergovernmental Panel on Climate Change (IPCC), she and scientists around the world were dotting the i’s and crossing the t’s of their sixth assessment of ...

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