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Home2023November

Month: November 2023

Catholic
Climate Crisis

Insight: Defying Pope’s calls for climate action, US Catholic bishops cling to fossil fuels

November 30, 2023 Mariel Alumit

Nov 29 (Reuters) – Hundreds of Catholic institutions around the globe have announced plans to divest their finances of oil, gas and coal to help fight climate change since Pope Francis published his landmark encyclical […]

Saudi
Geopolitical

Saudis Offer To Invest In Sanctioned Iranian Economy To Deescalate Gaza Tensions

November 30, 2023 Mariel Alumit

Saudi Arabia has for the past month been directly engaging Iran on the Gaza issue, a half-year after the longtime rivals restored official relations in a China-brokered agreement. Prior to that, a decade-long proxy war […]

OPEC+
Crude Oil News

OPEC+ agrees oil output cuts approaching 2 million bpd, sources say

November 30, 2023 Mariel Alumit

LONDON/MOSCOW/DUBAI, Nov 30 (Reuters) – OPEC+ oil producers on Thursday agreed to output cuts approaching 2 million barrels per day (bpd) for early next year led by Saudi Arabia rolling over its current voluntary cut, […]

Energy
Electrical Generation / Utilities

New Energy Bills Would Increase Costs and Blackouts

November 30, 2023 Mariel Alumit

MIDLAND, Mich. — Bills passed by the Michigan Senate last night will drastically increase Michigan’s energy costs and harm energy reliability. The Senate passed SB 271, SB 273 and SB 502, which would require the state to […]

Sunak
Climate Crisis

Sunak, Cameron and King Charles each take own private jets to travel to Cop28

November 30, 2023 Mariel Alumit

Rishi Sunak is facing fresh outrage from climate campaigners after it emerged that the prime minister, the King, and foreign secretary David Cameron are taking separate jets to the Cop28 conference in Dubai. Downing Street confirmed all three of the […]

global
Climate Crisis

Biden climate envoy Kerry to unveil 1st-ever global plan to commercialize nuclear fusion energy at UN summit

November 30, 2023 Mariel Alumit

U.S. Special Presidential Envoy for Climate John Kerry announced Monday he will unveil a first of its kind global strategy to commercialize nuclear fusion energy at an upcoming United Nations summit in Dubai. “Fusion energy is no […]

LNG fleet
LNG

Interview: Maria Angelicoussis and Sveinung Stohle talk LNG fleet expansion plans

November 30, 2023 Stu Turley

Greek shipping giant Angelicoussis has secured long-term charters for almost all of the newbuild LNG carriers it has ordered in South Korea while the group also evaluates further opportunities to expand its large LNG fleet, […]

Israel
Aljazeera International

Analysis: Why extending the Israel-Hamas truce won’t be easy

November 30, 2023 Stu Turley

With hours left of the agreed pause in Gaza fighting, Israel, Hamas and the intermediaries negotiating between them were on Wednesday again in a frenzy of activity. The original truce was to have lasted until […]

EU's Russian LNG Imports
Exports

Over 20% Of The EU’s Russian LNG Imports Are Resold Abroad

November 30, 2023 Stu Turley

By Tsvetana Paraskova of OilPrice.com, Around 21% of Russia’s LNG volumes bound for the European Union are trans-shipments, which are not included in official import figures and thus ignored by EU policymakers, the Institute for […]

GTT
International News

Interview: GTT’s boss expects more than 450 LNG carrier orders in next 10 years

November 30, 2023 Stu Turley

French LNG containment giant GTT is expecting that there will be more than 450 orders for large LNG carriers over the next ten years, GTT’s chief Philippe Berterottière told LNG Prime on Thursday. Earlier this […]

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