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HomeInternational News

International News

bp
Climate Crisis

bp interim CEO denies U.S. shale acquisition claims, defends focus on energy transition

November 1, 2023 Mariel Alumit

World Oil (Bloomberg) – bp Plc’s temporary boss gave a robust defense of the company’s strategy, batting away suggestions that he needs to follow the big oil deals done by U.S. competitors Exxon Mobil Corp. and Chevron […]

OPEC
Crude Oil News

OPEC oil output rises for third month, Reuters survey finds

November 1, 2023 Mariel Alumit

Nasdaq LONDON – OPEC oil output has risen for a third straight month in October, a Reuters survey found on Tuesday, led by increases in Nigeria and Angola and despite ongoing cuts by Saudi Arabia […]

fuel
Crude Oil News

Argentina fuel pump crisis deepens as government threatens export halt

November 1, 2023 Mariel Alumit

Nasdaq BUENOS AIRES – Argentina’s fuel crisis deepened on Monday as filling stations around Buenos Aires ran out of petrol and long queues formed elsewhere, while the government said it could halt exports to preserve […]

Looney’s
Earnings

bp’s quarterly results bring “quiet” Canadian interim CEO into spotlight after Looney’s suprise resignation

November 1, 2023 Mariel Alumit

World Oil (Bloomberg) – Less than two months since Bernard Looney’s shock resignation, BP Plc is going into its first set of quarterly results without a permanent chief executive officer. In his place will stand Murray Auchincloss, […]

ENB Podcast Africa's responce to the West's self serving energy policies w/ the Secratary General of APPO
Climate Crisis

ENB #145 Africa’s response to the West’s self-serving fiscal and energy policies with the Secretary General of African Petroleum Producers Organization (APPO)

October 31, 2023 Mariel Alumit

This podcast and interview follow the African Energy Week interviews with Cyrus Brooks and Dr. Omar Farouk Ibrahim, the Secretary-General for the African Petroleum Producers Organization (APPO). This single interview was critical when discussing the […]

Alberta
Energy Crisis

Varcoe: Alberta says power prices are too high, vows overhaul of electricity system

October 31, 2023 Mariel Alumit

Premier Danielle Smith said a package of changes will likely be presented to cabinet at the end of 2023 or early next year Alberta’s electricity system — and consumers across the province — are in […]

oil
Crude Oil News

World Bank warns oil price could soar to record $150 a barrel

October 31, 2023 Mariel Alumit

Escalation of Israel-Hamas war into Middle East-wide conflict would disrupt oil supplies and stoke food prices, says Bank Oil prices could soar to a record high of more than $150 a barrel if the war between […]

fossil
Coal

Why fossil fuels are here to stay

October 31, 2023 Mariel Alumit

A report from the International Energy Agency (IEA), published last week, claims that the world will reach peak demand for oil, coal and gas by 2030. This has been seized on by the likes of […]

Panama
Critical Minerals

First Quantum shares plunge as its giant Panama copper mine faces referendum on future

October 31, 2023 Mariel Alumit

The future of one of the world’s biggest and newest copper mines has been cast into doubt after Panama’s government said it will hold a referendum on the project as it attempts to quell mass unrest. The […]

growth
Finance

Sluggish German growth sparks recession fears

October 31, 2023 Mariel Alumit

31 Oct, 2023 08:09 HomeBusiness News The Eurozone’s industrial powerhouse has continued to weaken, official data shows Germany’s GDP fell 0.1% in the third quarter from the previous three months, the Federal Statistical Office reported […]

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