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HomeInternational News

International News

Carbon
Climate Crisis

Why Suriname’s Carbon Finance Program Could Change The World

September 28, 2023 Mariel Alumit

Mr. October is on deck. Marciano Dasai, Suriname’s minister of spatial planning and environment, spoke at Climate Week in New York and is pitching 4.8 million carbon offsets to the real heavy hitters — the rich nations […]

Revolution
AI

The AI Revolution is Bad News for Net Zero

September 28, 2023 Mariel Alumit

Artificial intelligence (AI) is taking the world by storm. New AI applications are announced daily. Amazon, Apple, Google, Meta, Microsoft, and many companies tout plans for artificial intelligence capabilities. But the AI revolution is bad […]

UK
Climate Crisis

UK go-ahead for North Sea oil and gas field angers environmental groups

September 28, 2023 Mariel Alumit

Britain has given the go-ahead to develop the UK’s biggest untapped oilfield off Shetland, sparking outrage from environmental campaigners. The UK oil and gas regulator’s decision to grant the Oslo-listed Equinor and the British firm […]

Crude Oil News

IEA Pushes ‘Silly’ 2030 Peak Oil Demand Forecast As JPM Warns “Supercycle Returns”

September 28, 2023 Mariel Alumit

The credibility of the International Energy Agency continues to wane as it continues to advocate for an urgent shift towards a decarbonized economy. According to the IEA, global fossil fuel demand must decline 25% by […]

lithium
Energy Storage

Experts warn fires caused by lithium batteries set to rise as use of product increases

September 28, 2023 Mariel Alumit

Fires caused by lithium batteries are expected to increase over the coming years as use of the highly flammable product continues to rise, an energy storage expert has warned. So far this year, lithium batteries have […]

Geopolitical

Kremlin Reacts To US M1 Abrams Tanks Entering Ukraine: “They Too Will Burn”

September 28, 2023 Mariel Alumit

The Kremlin has responded to widespread reports from Ukraine that Kiev has received its first deliveries of American M1 Abrams battle tanks. Ukrainian officials have hailed that the tanks will help their forces punch through […]

IEA
Climate Crisis

A Matter of Fact: The IEA’s updated net zero scenario is still unrealistic

September 27, 2023 Mariel Alumit

The International Energy Agency (IEA) has updated its net zero scenario, pushing for governments to implement more aggressive climate policies on the energy industry.   The IEA itself acknowledges the scenario is “a pathway, but not the […]

Saudi
Crude Oil News

Saudi Arabia Considers A Surprising Bet On Iranian Oil And Gas

September 27, 2023 Mariel Alumit

Iran has around $50 billion in oil and gas projects in the works. Following the resumption of relations between Iran and Saudi Arabia, the latter is looking to invest in Iran’s hydrocarbon industries. Saudi Arabia […]

JAPAN
Exports

JAPAN DATA: LNG stocks drop further to 1.56 mil mt, lowest since end-Jan 2021

September 27, 2023 Mariel Alumit

LNG inventory held by Japan’s major power utilities stood at 1.56 million mt Sept. 24, down 1.9% from 1.59 million mt a week ago, data released by the Ministry of Economy, Trade and Industry showed […]

power
Electrical Generation / Utilities

Poland’s first nuclear power plant clears key hurdle in ambitiously timed plan

September 27, 2023 Mariel Alumit

The first-ever Polish nuclear power plant project has cleared a crucial hurdle on the path to completion by securing the all-important environmental decision on September 22. The decision sets rules that the project must keep in […]

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