International News Archives - Page 41 of 121

UK Moves to Ban New North Sea Oil and Gas Licenses Permanently – UK Deindustrialization and further fiscal failure on the horizen

May 16, 2026May 16, 2026 Clark Savage1739

The UK government has confirmed it will introduce legislation to permanently ban new North Sea oil and gas exploration licenses, embedding Energy Secretary Ed Miliband’s existing moratorium into law through the Energy Independence Bill. The move, announced in the King’s Speech on 13 May 2026, fulfills a core Labour Party manifesto pledge to position Britain […]

UN Climate Panel Quietly Admits Its Doomsday Climate Scenarios Were ‘Implausible’ – How much money has been spent on Net Zero because of lies?

May 16, 2026May 16, 2026 Clark Savage8800

The United Nations’ Intergovernmental Panel on Climate Change (IPCC) has quietly conceded that the extreme “doomsday” climate scenarios that have driven global energy policy, media headlines, and trillions in spending for more than a decade were never realistic. In a major update to its modeling framework for the upcoming Seventh Assessment Report (CMIP7), the IPCC […]

Tanker Headed to China Clears the Strait of Hormuz After Meetings with President Trump

May 15, 2026May 15, 2026 Clark Savage1611

In a notable development for global energy markets amid the ongoing Strait of Hormuz crisis, the Chinese-owned VLCC supertanker Yuan Hua Hu has successfully transited the vital chokepoint and is now en route to China. The passage comes on the heels of high-stakes meetings between U.S. President Donald Trump and Chinese President Xi Jinping in […]

India’s Oil Crisis as Hormuz is Still Closed

May 15, 2026May 15, 2026 Clark Savage1101

Two and a half months after the Strait of Hormuz effectively shut down amid the escalating Middle East conflict, India—the world’s third-largest crude oil importer—is grappling with a deepening energy shock that is rippling through its economy. What began as a geopolitical standoff has now cut off more than 40% of India’s crude oil flows, […]

Aramco Shoring Up Their Balance Sheet Through Privatization Plan

May 15, 2026May 15, 2026 Clark Savage1225

Saudi Aramco, the world’s largest oil producer, is embarking on its most ambitious privatization and asset monetization drive in its 93-year history. The company aims to raise up to $35 billion by opening midstream, downstream, and non-core assets to Wall Street investors through sale-leaseback deals, minority stake sales, and infrastructure partnerships. This move is explicitly […]

The UAE is Doubling Down On Exports Around the Strait of Hormuz

May 15, 2026 Clark Savage2376

In a decisive move that underscores its strategic pivot amid ongoing regional tensions and its recent departure from OPEC, the United Arab Emirates is accelerating infrastructure to dramatically expand its oil export capacity, bypassing the Strait of Hormuz. On May 15, 2026, Abu Dhabi’s Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan directed […]

Canada’s Economic and Industrial Collapse under Mark J Carney

May 14, 2026 Clark Savage1128

Canada’s manufacturing and industrial base is in freefall under Prime Minister Mark J. Carney’s leadership. A viral X post from @wealthmoose on May 14, 2026, lays out the stark reality with receipts: over $50 billion in planned investments have been canceled, moved, or evaporated in key auto, battery, and manufacturing projects across Ontario and Quebec. […]

South Korea Will Remain A Key Part Of The US’ Chinese Containment Plans

May 14, 2026May 14, 2026 Clark Savage436

ENB Pub Note: Interesting Article from Andrew Korybko’s Newsletter on Substack. We recommend following him. The Sino-Russo Entente might evolve into a de facto alliance if South Korea and Japan join AUKUS+, the US’ de facto “Asian NATO”, but that risks spooking India into a de facto alliance with the US to counterbalance perceived Chinese […]

Secretary Bessent Comments: Iran’s Storage is Full, and Other Comments on China Trip

May 14, 2026 Clark Savage992

WASHINGTON/BEIJING – U.S. Treasury Secretary Scott Bessent delivered a stark update on Iran’s oil sector while in Beijing for the Trump-Xi summit, declaring that Iran’s primary export terminal at Kharg Island has reached 100% storage capacity. No oil loadings have occurred in the past three days, ships are neither entering nor leaving, and production shutdowns […]

Honda posts first annual loss on $9 billion EV writedown

May 14, 2026 Clark Savage1683

Honda Motor Co., Ltd. reported its first annual net loss as a publicly listed company in nearly 70 years, driven by a massive restructuring of its electric-vehicle (EV) business that included more than $9 billion in writedowns, impairments, and related charges. The Japanese automaker posted an operating loss of ¥414.3 billion ($2.63 billion) for the […]

Category: International News

UK Moves to Ban New North Sea Oil and Gas Licenses Permanently – UK Deindustrialization and further fiscal failure on the horizen

UN Climate Panel Quietly Admits Its Doomsday Climate Scenarios Were ‘Implausible’ – How much money has been spent on Net Zero because of lies?

Tanker Headed to China Clears the Strait of Hormuz After Meetings with President Trump

India’s Oil Crisis as Hormuz is Still Closed

Aramco Shoring Up Their Balance Sheet Through Privatization Plan

The UAE is Doubling Down On Exports Around the Strait of Hormuz

Canada’s Economic and Industrial Collapse under Mark J Carney

South Korea Will Remain A Key Part Of The US’ Chinese Containment Plans

Secretary Bessent Comments: Iran’s Storage is Full, and Other Comments on China Trip

Honda posts first annual loss on $9 billion EV writedown

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