In a stunning blow to global climate finance efforts, the Net-Zero Banking Alliance (NZBA), once hailed as a cornerstone for the banking sector’s push toward carbon emission reductions, has voted to cease operations effective immediately. […]
The UK’s 2019 Net Zero law, once universally praised, is now blamed for high energy costs, industrial closures, and grid inefficiencies. Conservatives have vowed to scrap the 2050 target, while even Labour faces union pressure […]
In a stark warning amid escalating geopolitical tensions, Russian President Vladimir Putin has cautioned that global oil prices could surge beyond $100 per barrel if Russian crude supplies are cut off from international markets. Speaking […]
Ukraine’s intensified bombing campaign against Russian refineries over the last month is creating a severe fuel crisis in Russia while simultaneously having negative repercussions for the environment. The crippled refining capacity is forcing Russia to […]
Eni, the Italian energy giant, has officially approved a $7.2 billion investment to build a new floating liquefied natural gas (LNG) export plant—Coral Norte—in Mozambique. This landmark decision not only doubles Mozambique’s LNG export capacity […]
The Iraq-Turkey oil pipeline, also known as the Kirkuk-Ceyhan pipeline, transports crude oil from Iraq’s northern Kurdistan region to the Mediterranean port of Ceyhan in Turkey. It was originally built in the 1970s and has […]
In a rapidly evolving energy landscape, major oil companies are shedding weight to stay competitive amid fluctuating crude prices, mergers and acquisitions, and technological disruptions. As highlighted in a recent Wall Street Journal piece, giants […]
ENB PUB Note: A great article from Ronald Stien, author and friend of the Energy News Beat podcast. He raises some significant points regarding Ukraine, Russia, and California. The key point is energy infrastructure. I […]
The company now sees global oil demand peaking in the mid-2030s instead of before 2030. BP: declines are coming only gradually, driven by efficiency gains and EV adoption but offset by petrochemicals. Under BP’s “Current […]
In a scathing critique of the Trump administration’s recent imposition of tariffs on Indian goods, energy expert Dr. Anas Al Hajji has highlighted what he sees as glaring inconsistencies in U.S. policy toward countries importing […]
Copyright © 2025 | Sandstone Group