(Bloomberg) — When the US borrows money, it needs to pay its loans back with interest—just like any other borrower. But America’s national debt is currently $34 trillion and rising. Soon, the US will need […]
The Finance Committee in the Iraqi parliament made a statement on 31 January calling for the sale of oil in currencies other than the US dollar, aiming to counter US sanctions on the Iraqi banking system. “The […]
Norway’s district court in Oslo recently made a decision on fossil fuels that deserves the attention of every person concerned about climate change. This ruling, which compels energy firms to account for the industry’s entire carbon footprint, […]
On January 26, the Biden administration announced it would pause new approvals of liquefied natural gas (LNG) exports. The official news followed several leaked stories—including one prominent article by The New York Times—that triggered criticism from LNG supporters and praise from climate activists. The […]
(Bloomberg) — The US House of Representatives will vote on overturning the Biden administration’s freeze on liquefied natural gas export approvals, a top Republican said Wednesday. The vote will take place the week after next, […]
Morocco has emerged as the major winner from the competition engaged between the United States and China for control of the supply chain of critical minerals, used in clean energy transition and electric vehicle (EV) […]
China permitted more coal power plants last year than any time in the last seven years, according to a new report released this week. It’s the equivalent of about two new coal power plants per week. […]
Today’s world is going through major transformations. Among the most sensitive issues remains the availability of food and the challenges tied to it. In the past few years, such a seemingly basic problem has become […]
US LNG exporter Cheniere and compatriot Bechtel have completed more than half of the work on the expansion phase at the Corpus Christi LNG export plant in Texas. Cheniere’s Corpus Christi liquefaction plant now has […]
The EU’s industrial powerhouse is plagued by falling orders and growing production costs Germany’s automobile industry is in decline and the country needs assistance to salvage it, Russian President Vladimir Putin said during a visit […]
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