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HomeInternational News

International News

Israel
International News

Israel, Hezbollah Prepare to Approve a Cease-Fire Deal

November 25, 2024 Andy Del Prado

But continued cross-border attacks could threaten the fragile negotiations. Middle East Crisis News, analysis, and background on the ongoing conflict Welcome back to World Brief, where we’re looking at the specifics of a 60-day truce […]

Big Oil Companies

BP CEO: Global Oil Demand Keeps Exceeding Expectations

November 25, 2024 Clark Savage

Global oil demand continues to surprise on the upside, BP Plc (NYSE:BP) Chief Executive Murray Auchincloss told the Energy Intelligence forum in London on Monday, saying that oil demand kept rising on average by more or […]

Auto Industry
Climate Crisis

Auto Industry’s EV Binge Unravels With Layoffs And Cost Cuts

November 25, 2024 Mariel Alumit

The auto industry is cutting costs after overspending on EVs and self-driving tech, facing weak demand, rising costs, and uncertain returns.​ The auto industry has an addiction. It’s a “capital junkie” that’s been on a […]

Nuclear
Climate Crisis

Germany Urged To Return To Nuclear As Wind And Solar Fail, Prices Soar

November 25, 2024 Mariel Alumit

Germany’s nuclear phaseout backfired as renewables lag, electricity prices soar, and fossil fuels still supply 71% of the nation’s power. Germany phased out its entire fleet of nuclear reactors over the past years and hoped […]

Seatrium
International News

Seatrium and Cochin Shipyard form jackup rigs tie-up

November 25, 2024 Andy Del Prado

Keppel Singapore shipyard group Seatrium has joined forces with Indian builder Cochin Shipyard in the offshore sector. The two yards have entered into a memorandum of understanding on the supply and design of equipment for […]

Climate Crisis

How Saudi Arabia Turned Back Climate Progress at COP29

November 25, 2024 Clark Savage

Saudi Arabia and its allies had two words they didn’t want to see repeated in a COP29 deal: “fossil fuels.” The faction got their way after two weeks of bitter negotiations in Azerbaijan, reversing gains made […]

US sanctions
International News

Latest US sanctions will hit EU – energy expert

November 25, 2024 Andy Del Prado

Washington has introduced penalties against the SWIFT-linked Gazprombank, which handles energy-related transactions The newly imposed US sanctions against Russia’s Gazprombank are expected to send energy costs surging in parts of Europe, Finam Financial Group analyst […]

Russia
International News

Russia is Europe – Christian leader

November 25, 2024 Andy Del Prado

The country is attacked despite being part of European culture, Patriarch Kirill has said The US and its allies ganged up against Russia for taking its own path and refusing to give up on its […]

Metal
Critical Minerals

The Secret Metal That Helped Win WWII is Back, And Prices Are Soaring

November 25, 2024 Mariel Alumit

More than 100 years ago, a ship left a Nova Scotia harbor carrying a precious cargo that few today would recognize as valuable. The crew, full of optimism, was bound for Wales hoping that the […]

Data Centers
AI

Data Centers Highlight the Limits of Renewable Energy Scaling

November 25, 2024 Mariel Alumit

Data centers are turning into an unexpected obstacle that may well compromise the whole transition offensive against hydrocarbons. Wind and solar could supply power to data centers for certain periods of a day, week, or […]

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