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HomeInternational News

International News

Aljazeera International

IMF approves much-awaited $3bn bailout for Pakistan

July 13, 2023 Mariel Alumit

The International Monetary Fund (IMF) has approved a much-awaited $3bn bailout for Pakistan, a move that is likely to help prevent the South Asian country from defaulting on its debt repayments. In a statement on […]

Geopolitical

NATO Leaders Tell Zelensky ‘Cool It’ In Rare Dressing Down At Summit

July 12, 2023 Mariel Alumit

Bloomberg is just out with a devastating behind-the-scenes account of a hot-headed Zelensky at the NATO summit in Vilnius, and the growing Western backlash in the face of his obvious frustration and what’s being seen […]

Aljazeera International

Microsoft says China-linked hackers accessed government emails

July 12, 2023 Mariel Alumit

Hackers linked to China have accessed email accounts of Western government agencies and organisations in a cyberespionage campaign, Microsoft has said. White House National Security Advisor Jake Sullivan appeared to confirm the allegations on Wednesday, […]

Shell
Crude Oil News

Shell prolongs Noble drillship’s stay in Malaysia

July 12, 2023 Mariel Alumit

Offshore drilling contractor Noble Corporation has secured a contract extension for one of its drillships with Sarawak Shell Berhad and Sabah Shell Petroleum Co (SSB/SSPC), subsidiaries of the oil major Shell, for operations offshore Malaysia. According to […]

COP28
Climate Crisis

COP28 President-Designate engages with EU ministers in Spain

July 12, 2023 Mariel Alumit

Dr. Al Jaber stated his goal as COP28 President-Designate is to ensure a just energy transition that makes finance accessible to all Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and […]

Powered
Energy Storage

EXCLUSIVE: Big Batteries Likely Powered by High-Emitting Gas Under Ontario Grid Plan

July 12, 2023 Mariel Alumit

Weeks after Ontario’s Independent Electricity System Operator (IESO) triumphantly unveiled the biggest battery storage procurement in Canadian history, persistent questions remain about how much of that storage capacity will be powered by high-emitting natural gas, The […]

energy
Biofuel

Africa’s energy poverty: Dwindling forests, high power costs worsening energy security in Sierra Leone

July 12, 2023 Mariel Alumit

Sierra Leone’s energy poverty, like other countries in the African continent, has compounded massively. Most of the country still depends on firewood for cooking fuel and the country’s progress towards renewable shift is extremely slow. […]

SPAIN
Electrical Generation / Utilities

SPAIN’S EU POWER MARKET REFORM DRAFT INCLUDES SUBSIDIES FOR EXISTING PLANTS

July 12, 2023 Mariel Alumit

VALLADOLID, Spain, July 12 (Reuters) – Spain has proposed state aid for existing power plants, but with limits to avoid market distortions, in a bid to end a stalemate over reform of the European Union’s […]

War
Crude Oil News

Energy Security: Always Fighting The Last War

July 12, 2023 Mariel Alumit

In 1986, my M.I.T. working paper “Fighting the Last War: Preparations for the Next Oil Crisis” I described various oil crises in the post-war era and how they each influenced the understanding of both what […]

ExxonMobil
Big Oil Companies

ExxonMobil Sees LNG As A Growth Business Into The Future

July 12, 2023 Mariel Alumit

Speaking to the BBC in London on Monday, U.S. climate envoy John Kerry lashed out at major oil companies that continue to increase capital investments in exploration and development of oil and natural gas resources to meet […]

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