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HomeInternational News

International News

India’s ONGC pledges $12bn investment in renewable energy, eyes offshore wind project
Crude Oil News

India’s ONGC pledges $12bn investment in renewable energy, eyes offshore wind project

June 3, 2023 Mariel Alumit

India’s leading oil and gas explorer Oil and Natural Gas Corporation (ONGC) said it will invest around ₹1 trillion (over $12 billion) in renewable energy by 2030 as it plans to become net zero by 2038. “We have […]

International News

US Sent Billions in Funding to China, Russia For Cat Experiments, Wuhan Lab Research: Ernst

June 2, 2023 Mariel Alumit

Authored by Mark Tapscott via The Epoch Times (emphasis ours), Hundreds of millions of U.S. tax dollars went to recipients in China and Russia in recent years without being properly tracked by the federal government, […]

International News

Launch Of New Acela Trains Delayed By Three Years

June 2, 2023 Mariel Alumit

By Trains.com Launch of service for Amtrak’s next-generation Acela trainsets has been pushed back into 2024, the Washington Post reports, as testing and computer simulations continue to find problems, most recently with the train’s wheelsets […]

NFE
Exports

NFE receives Mexico export permit for its Altamira Fast LNG project

June 2, 2023 Mariel Alumit

Under the permit, NFE said it is authorised to export up to 7.8 million metric tonnes through April, 2028, providing ample capacity to support the operations of the 1.4 million tonnes per annum (MTPA) Fast […]

Ecuador
ESG

Ecuador Makes History: Vote to Keep the Oil in the Ground in Yasuní Underway

June 2, 2023 Mariel Alumit

Last fall, thousands of Amazon Watch supporters signed a petition demanding the protection of Ecuador’s last Indigenous peoples living in voluntary isolation in Yasuní National Park. And now we have excellent news to share! Our […]

Modern
Commodities

The Modern World Can’t Exist Without These Four Ingredients. They All Require Fossil Fuels

June 2, 2023 Mariel Alumit

Modern societies would be impossible without mass-scale production of many man-made materials. We could have an affluent civilization that provides plenty of food, material comforts, and access to good education and health care without any […]

Crude Oil News

Three New China-Russia-Iran And Iraq Agreements Confirm The New Oil Market Order

June 1, 2023 Mariel Alumit

Authored by Simon Watkins via OilPrice.com, Moscow signed 10 new cooperation agreements with Iran for the oil sector alone on 18 May. China waited for the dust to settle before it too signed new cooperation […]

shortage
International News

‘Daunting shortage’ of skilled workers looms over giant, renewable energy projects

June 1, 2023 Mariel Alumit

Outback Queensland is home to one of the largest potential wind zones in the country, but a lack of infrastructure and a shortage of skilled workers are major roadblocks in reaching national renewable energy targets. In […]

Coal
Coal

How Permanent Is The Coal Industry’s Bounce Back?

June 1, 2023 Mariel Alumit

In recent years, as energy security has grown in importance, the coal industry rebounded rapidly – with some companies seeing their profits soar by as much as 60%. While there is still plenty of money […]

wind
Energy Transition

“How to achieve circularity”: the future of wind turbine recycling

June 1, 2023 Mariel Alumit

The recyclability of wind turbine blades has in recent years become a sticking point in discussions about the sustainability of the industry. Today, between 85% to 95% of a wind turbine is recyclable, according to Ørsted, […]

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