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HomeInternational News

International News

OMV
Big Oil Companies

OMV Makes Biggest Gas Discovery in 40 Years

August 3, 2023 Mariel Alumit

Austria’s majority state-owned OMV oil, gas, and chemicals company has struck what it calls the country’s largest natural gas discovery in 40 years, announcing the find together with news of its having also signed a […]

industry
Electric Vehicles

The potential looming auto industry fiasco

August 3, 2023 Mariel Alumit

Growing up on a farm, an initial mechanical obsession of mine was tractors (don’t laugh until you’ve tried one – think you feel unassailable in a 4Ă—4 F-150? You have no idea), quickly followed by […]

Cyber Warfare

“Persistent Threat Actors”: Norway Government Ministries Suffered 4 Month Long Cyberattack

August 3, 2023 Mariel Alumit

Norway’s government ministries have fallen victim to a cyberattack that lasted “at least four months”, according to a Bloomberg article that broke early Wednesday morning. The attack was carried out via a vulnerability linked to […]

UK
Carbon Credit

UK Carbon Prices Plunge After Whitehall Offers More Allowances To Polluting Industries

August 3, 2023 Mariel Alumit

The UK government is moving their environmental policies a little bit closer to common sense. Industrial companies now face less strict financial burdens for polluting after the government “watered down” reforms compared with those set […]

Crude Oil News

Oil Bulls On Edge Ahead Of Saudi Production Cut Extension

August 3, 2023 Mariel Alumit

By Grant Smith, Bloomberg Markets Live oil reporter The biggest question in oil markets is how long Saudi Arabia will extend its 1 million-barrel-a-day supply cut. Riyadh’s handling of a previous strategy offers some guidance […]

Finance

UK Windfall Tax Here To Stay Despite Energy Sector Overhaul

August 3, 2023 Mariel Alumit

Via OilPrice.com, The UK government’s latest energy announcements include pledges for carbon capture and storage and the release of more oil and gas licenses in the North Sea, but they do not signal a reversal […]

Ford
Climate Crisis

Ford Fears a World on Fire Will Throw Up Its Hands on Climate

August 2, 2023 Mariel Alumit

When Ford Motor Co.’s UK boss visited the automaker’s massive production complex in Turkey last week, temperatures reached as high as 41C (106F). Back home, one topic was dominating the headlines: whether Prime Minister Rishi Sunak ought to relax his […]

Billionaire
Crude Oil News

Billionaire investor threatens to pull out of UK amid global outcry at new oil rush

August 2, 2023 Mariel Alumit

The billionaire Australian mining tycoon and investor Andrew Forrest has led international condemnation of the UK’s new oil rush, saying he would pull his major investment from the country if the prime minister pursued “clickbait” fossil fuel […]

Grid

Typhoon Khanun knocks out power, grounds flights in Japan’s Okinawa

August 2, 2023 Mariel Alumit

Powerful winds and lashing rain from an approaching typhoon have killed at least one person and knocked out power to hundreds of thousands of people in southern Japan. The slow-moving Typhoon Khanun, which was nearing […]

German
Climate Crisis

German teen Naomi Seibt, the darling of climate change deniers

August 1, 2023 Mariel Alumit

At 19, Naomi Seibt is on her way to becoming the voice of climate sceptics. Close to the far right in her home country of Germany, she has also been propelled by the Heartland Institute, an […]

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