Moving abroad for “another three or four months” would help the energy system amid Russian attacks, DTEK CEO Maksim Timchenko says Ukrainians should consider leaving the country to reduce the burden on the damaged power grid, Maksim Timchenko, the head of largest private power utility, DTEK Holding, has said. He made the remarks in an…

Russian state-owned energy giant Rosatom has begun building a second reactor at the El-Dabaa Nuclear Power Plant (NPP) in Egypt, Rosatom’s press service told RIA Novosti on Saturday. The four-reactor El-Dabaa plant is situated some 300km northwest of Egypt’s capital, Cairo. The project was launched back in 2017, while construction began this past July. The…

The Austrian government plans to introduce a new windfall tax on energy companies, Vice Chancellor Werner Kogler and Finance Minister Magnus Brunner announced at a press conference on Friday. The levy will amount to 40% of excess profit for oil and gas companies, according to the announcement.