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HomeInternational News

International News

bp
Crude Oil News

bp board faces urgent search for new CEO after Bernard Looney’s surprise resignation

September 14, 2023 Mariel Alumit

(Bloomberg) – bp Plc’s board woke up on Wednesday facing an urgent search for a new boss, its fifth in 16 years. Outgoing Chief Executive Officer Bernard Looney shocked the industry a day earlier with […]

EU
Biofuel

EU lawmakers approve binding green fuel targets for aviation

September 14, 2023 Mariel Alumit

BRUSSELS, Sept 13 (Reuters) – The European Parliament on Wednesday adopted a deal to set binding targets for airlines in Europe to increase their use of sustainable aviation fuels. The approved proposal aims to increase […]

cobalt
Critical Minerals

Mining of cobalt, copper in DRC leading to human rights abuses: Report

September 14, 2023 Mariel Alumit

The expansion of industrial-scale mines that extract cobalt and copper for rechargeable batteries has led to forced evictions and human rights abuses, including sexual assault, in the Democratic Republic of the Congo, according to Amnesty […]

Sanctions
Crude Oil News

What Sanctions? Germany Buying Russian Oil Through India

September 14, 2023 Mariel Alumit

European nations continue to find ways to get around their own sanctions on Russian energy imposed in the wake of Moscow’s renewed invasion of Ukraine, with Germany now admitting their imports from intermediary India are […]

Turkmenistan
Exports

Gas-Rich Turkmenistan Is Running Out of Time to Feed Europe’s Fuel Appetite

September 14, 2023 Mariel Alumit

(Bloomberg) — Turkmenistan, which sits atop the world’s fourth-largest natural gas reserves, is running out of time in its efforts to feed Europe’s hot market for the fuel. The country is losing out to other […]

OPEC
Crude Oil News

OPEC Statement on peak fossil fuel demand

September 14, 2023 Mariel Alumit

On the International Energy Agency’s recent Op-Ed published on 12 September 2023, asserting that fossil fuel demand would peak before 2030, OPEC notes that consistent and data-based forecasts do not support this assertion. It is […]

Solar
Energy Transition

Solar panel exports are breaking records – now let’s install them

September 14, 2023 Mariel Alumit

Solar panel exports from China grew by 34% in the first half of 2023, with 114 gigawatts (GW) shipped worldwide, compared to 85 GW in the same period last year, according to a new analysis […]

Solar
Energy Transition

Solar offensive: Swiss voters reject plans for giant solar parks in unspoilt Alps

September 14, 2023 Mariel Alumit

A vote on Sunday saw Swiss voters reject plans to fund and accelerate large solar power projects on mountainsides. Voters in a southern Swiss region have rejected plans to allow large solar farms to be […]

Geopolitical

China Brings Taliban Out Of Total Isolation In Sending New Ambassador

September 13, 2023 Mariel Alumit

The Taliban government of Afghanistan is seeking to break loose from its isolation on the world stage, with a little help from Communist China, of all countries. For the first time since the Taliban seized […]

Beginning of the end’ of fossil fuel era approaching
Climate Crisis

‘Beginning of the end’ of fossil fuel era approaching, says IEA

September 13, 2023 Mariel Alumit

The world’s demand for oil, gas and coal will begin to decline this decade in “the beginning of the end” of the fossil fuel era, according to the global energy watchdog. The International Energy Agency (IEA) has […]

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