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HomeInternational News

International News

Gas
Electrical Generation / Utilities

Gas tops UK electricity generation in July

August 6, 2024 Mariel Alumit

In July, Britain generated 24.1% of its electricity from gas, making it the largest source of power generation for the month. Wind power was the second largest source, providing 21.3% of the total electricity. According […]

Market
Finance

Global Market Meltdown Adds to Geopolitical Chaos

August 6, 2024 Mariel Alumit

Fears of a U.S. economic slowdown helped drive stock market declines in Asia, Europe, and the United States. Global markets went berserk on Monday in one of the worst trading days in recent memory as […]

Car carrier
International News

Car carrier hit by massive fire a year ago readies for new life in China

August 6, 2024 Mariel Alumit

A year on from a devastating fire which killed one crewmember, the car carrier formerly known as Fremantle Highway is being prepped to head from The Netherlands to new owners in China. Dutch authorities have […]

Tokyo Gas
International News

Tokyo Gas invests in floating wind farm off Portugal

August 6, 2024 Mariel Alumit

Japan’s natural gas provider Tokyo Gas has made an investment in the WindFloat Atlantic operational floating offshore wind farm in Portugal. The wind farm is operated by Windplus, a majority-owned subsidiary of Ocean Winds. This […]

Oil Prices
Crude Oil News

How Conflict in the Middle East Could Send Oil Prices Soaring

August 5, 2024 Mariel Alumit

Rising tensions between Israel and Iran are threatening to disrupt oil supply chains and could send oil prices soaring. The World Bank has already outlined just how high oil prices could go if Iran and […]

gas exports
Exports

Norwegian piped gas exports to NW Europe stay strong in July

August 5, 2024 Mariel Alumit

Norway’s pipeline gas exports to landed markets in Northwest Europe remained robust in July, with only limited maintenance work taking place during the month, an analysis of S&P Global Commodity Insights data showed Aug. 5. […]

Climate Crisis

Deindustrialization has consequences

August 5, 2024 Mariel Alumit

Deindustrialization has consequences There are serious ramifications for energy and climate policies. We are seeing the deindustrialization of Germany, California, New York, and other countries due to their climate and energy policies. You won’t want […]

Nikkei
Crude Oil News

Stocks trampled as Nikkei crashes 13%, bonds eye rapid rate cuts

August 5, 2024 Mariel Alumit

Stock markets tumbled on Monday and Japanese shares plummeted a gut-wrenching 13% as fears the United States could be heading for recession sent investors rushing from risk while wagering that rapid fire rate cuts will […]

Middle East
Crude Oil News

Oil Price Collapse Tampered by Tensions in the Middle East

August 5, 2024 Mariel Alumit

Oil prices dropped significantly on Friday and Monday morning due to concerns about a potential recession in the U.S. and weak Chinese demand. The decline was partially offset by rising tensions in the Middle East, […]

Russian gas
International News

EU state makes new Russian gas promise

August 5, 2024 Stu Turley

The Austrian government is reportedly planning to fully abandon imports from Moscow Austria’s ruling coalition has reportedly agreed to completely eliminate the country’s Russian gas supply by 2027, media outlet Kurier reported on Saturday, citing […]

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