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HomeInternational News

International News

Hezbollah
Geopolitical

The Hezbollah Pager Explosions Are More Dangerous Than You Think

September 25, 2024 Stu Turley

Beyond human rights concerns, the attacks raise questions about U.S. and Israeli policy in the Middle East. When Israel attacked Hezbollah last week by unleashing a spate of synchronized explosions in Lebanon and Syria, the […]

UK
Crude Oil News

UK Cracks Down on Iranian Oil Tycoon’s London Entity

September 24, 2024 Mariel Alumit

The UK government is cracking down on a London-based entity, Nest Wise Trading Ltd, linked to Iranian oil tycoon Hossein Shamkhani. The action is part of a broader effort by the UK and US to […]

Goldman
Crude Oil News

Goldman Sees Upside for Oil Prices Amid Supply Concerns

September 24, 2024 Mariel Alumit

Goldman Sachs expects Brent crude oil prices to see some upside in the fourth quarter, potentially reaching $77 per barrel. The bank’s outlook is driven by several key factors, including a recent interest rate cut […]

Lithium-Ion
Electric Vehicles

Lithium-Ion Battery Fire at Montreal Port Prompts Lockdown

September 24, 2024 Mariel Alumit

A fire involving a container carrying lithium-ion batteries at the Port of Montreal triggered a temporary stay-at-home order for nearby residents on Monday. The incident occurred in a container at one of the port’s terminals. […]

North Sea Oil and Gas
Crude Oil News

Trouble Deepens for North Sea Oil and Gas

September 24, 2024 Mariel Alumit

North Sea oil and gas operators are not just facing the prospect of higher windfall taxes, they are now also finding it more difficult to get loans from UK banks. The windfall profit tax was […]

power
Electrical Generation / Utilities

Major investment extends Scottish power station’s life by 40 years

September 24, 2024 Mariel Alumit

Tummel Bridge Power Station in Perthshire has been officially reopened by Scotland’s First Minister, John Swinney, following a £50 million upgrade by SSE Renewables. The refurbishment involved installing new hydro-electric turbines, which will extend the […]

TotalEnergies
International News

TotalEnergies, HD Hyundai Chemical ink LNG supply deal

September 24, 2024 Mariel Alumit

Under the deal, TotalEnergies will deliver 200,000 tons of LNG per year for seven years starting from 2027. Thanks to this agreement, with prices indexed both to Brent and Henry Hub, TotalEnergies strengthens its long-term […]

BRICS
BRICS

Another African nation interested in joining BRICS

September 24, 2024 Mariel Alumit

  Membership presents an opportunity to challenge the dominance of the dollar and euro, the Burkinabe prime minister says Prime Minister of Burkina Faso Apollinaire Joachim Kyelem de Tambela has expressed an interest in joining […]

LNG
Exports

U.S. LNG Permit Freeze Sparks Export Boom in Canada and Mexico

September 23, 2024 Mariel Alumit

The Biden administration’s pause on new LNG export permits has created a market opportunity for Canada, Mexico, and Argentina to increase their LNG exports to Asia. These countries are investing billions of dollars in LNG […]

Energy Dependency
Energy Crisis

Energy Dependency: Europe’s Achilles Heel?

September 23, 2024 Mariel Alumit

Mario Draghi’s report highlights Europe’s declining competitiveness, attributing it to lagging productivity, energy dependency, and an investment gap. Draghi proposes a three-pronged solution: a more assertive industrial policy, increased public and private investment, and regulatory […]

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