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HomeInternational News

International News

The Komati coal-fired power station - bloomberg
Coal

How South Africa Botched Its First Coal Power-Plant Transition

September 30, 2023 Mariel Alumit

Plans for new jobs around Komati came too late; study shows Ministers misled communities over plant viability: commission South Africa’s transition away from the dirtiest fossil fuel has been marred by the botched approach to […]

Big Oil Companies

Sunak’s family firm signed a billion-dollar deal with BP before PM opened new North Sea licences

September 30, 2023 Mariel Alumit

A firm founded by Rishi Sunak’s father-in-law signed a billion-dollar deal with BP two months before the prime minister opened hundreds of new licences for oil and gas extraction in the North Sea. In May, the Times of […]

Beijing Tells Major Oil Refiners No More Fuel Export Quota in 2023
Downstream

Beijing Tells Major Oil Refiners No More Fuel Export Quota in 2023

September 30, 2023 Mariel Alumit

The Chinese government has told the country’s major oil refiners not to expect any more fuel export quotas this year, according to people with knowledge of the matter. The state-owned processors and fuel suppliers understand […]

Newsmax: The 6 Biggest Failed Climate Predictions
Climate Crisis

Newsmax: The 6 Biggest Failed Climate Predictions

September 30, 2023 Mariel Alumit

Former Vice President Al Gore not only won an Academy Award and a Nobel Prize, but also became a gazillionaire by making outrageous (and outrageously inaccurate) climate predictions. Despite the fact that Gore’s poor forecasts […]

Geopolitical

Russian Mystery Plane That Landed In Pyongyang Making Washington Nervous

September 30, 2023 Mariel Alumit

A Russian ‘mystery plane’ spotted in North Korea is making Washington nervous, after Kim Jong Un visited Russia to meet with President Vladimir Putin this moth. The two leaders, deemed ‘rogue’ actors by the West, […]

Energy
Crude Oil News

Talos Energy closes $125 million sale with Grupo Carso to develop Zama oil field offshore Mexico

September 29, 2023 Mariel Alumit

(WO) – Talos Energy Inc. and its Mexican subsidiary announced the closing of the sale of a 49.9% interest in Talos Mexico to Zamajal, S. A. de C.V., a wholly-owned subsidiary of Grupo Carso (“Carso”). […]

Germany
Imports

Germany Seeks to Lock In LNG Deals to Avoid Cargo Diversions

September 29, 2023 Mariel Alumit

Half of capacity in October auction has delivery obligation Companies keen to avoid destination requirement for cargoes Germany wants to lock in contracts for liquefied natural gas with a delivery obligation, an effort to deter […]

Billion
Electric Vehicles

VW Scraps Plan for New €2 Billion EV Factory in Germany

September 29, 2023 Mariel Alumit

Wolfsburg plant will produce all-electric Golf model Documents show allocation of production in strategic plan Volkswagen AG is shelving a plan to build a €2 billion ($2.1 billion) factory for an important new electric-car project dubbed […]

Europe
Coal

Big European insurers ‘underwrite 30% of US coal despite net zero pledges’

September 29, 2023 Mariel Alumit

Lloyd’s of London and other big European insurers are underwriting almost a third of US coal production despite their net zero pledges, according to research, with the Lloyd’s insurance market emerging as the second-biggest player. […]

polar
Climate Crisis

Fossil results indicate polar bears survived last global warming deglaciation in Siberian and Canadian refugia

September 29, 2023 Mariel Alumit

Polar bears are a familiar sight to many through the media as we see evocative images of singular bears floating on isolated ice rafts as they face the harsh realities of climate change shrinking sea […]

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