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HomeInternational News

International News

oil and gas
Crude Oil News

Top producers warn against divestment from oil and gas

May 25, 2023 Mariel Alumit

DOHA/DUBAI: Qatar’s energy minister warned on Tuesday the “worst is yet to come” for Europe’s oil and gas shortages, saying a warm winter had prevented greater difficulties in recent months. Saad Al-Kaabi and his Saudi counterpart […]

BRICS
Crude Oil News

What Happens if Saudi Arabia Accepts BRICS Currency?

May 25, 2023 Mariel Alumit

The BRICS alliance is looking to create a new currency to settle international trade and dethrone the U.S. dollar from its global status. If the new BRICS currency gains the trust of other countries, the […]

Geopolitical

Russia angered by visit to Norway of largest US aircraft carrier

May 25, 2023 Mariel Alumit

Russia has called a visit by the world’s biggest warship, the USS Gerald R Ford aircraft carrier, to Oslo in Norway an “illogical and harmful” show of force at a time of heightened tensions. In […]

Cyber Warfare

Microsoft Says CCP Hackers Compromised ‘Critical’ US Infrastructure As DHS Warns Of ‘Grave Threat’

May 24, 2023 Mariel Alumit

Microsoft on Wednesday warned that a Chinese state-sponsored hacking group – “Volt Typhoon” has compromised “critical” US cyber infrastructure across several industries – including manufacturing, construction, maritime, government, information technology and education.   The group, […]

S&P Global
Energy Crisis

S&P Global Warns That A U.S. Default Would Wreak Havoc On Global Energy Markets

May 24, 2023 Mariel Alumit

As the standoff over raising the debt ceiling continues, the United States is potentially days away from running out of cash and defaulting on its debt. S&P Global Commodity Insights has warned that a U.S. […]

flights
Climate Crisis

France bans short-haul flights as it looks to cut transport emissions

May 24, 2023 Mariel Alumit

The law essentially prohibits public internal flights between French destinations when a train journey of under 2 hours and 30 minutes is available. The World Wildlife Fund describes the environmental footprint of aviation as “one […]

Climate
Big Oil Companies

Climate protesters dragged away from Shell shareholder meeting: ‘Go to hell!’

May 24, 2023 Mariel Alumit

Climate change protesters were dragged away as they tried to storm the stage at Shell’s shareholder meeting Tuesday, while activist investors added pressure with a resolution demanding the global oil and gas giant beef up its emissions […]

Africa
Critical Minerals

Beijing and Washington Are Battling Over Africa’s Green Future

May 24, 2023 Mariel Alumit

In March 2023, three renewable energy players—Conjuncta from Germany, Infinity from Egypt, and Masdar from the United Arab Emirates—signed an agreement with Mauritania’s government to develop a colossal green hydrogen project in the country, worth […]

PHILIPPINES
Electrical Generation / Utilities

AS GAS RESERVES WANE, PHILIPPINES FACES RISING COSTS IN SWITCH TO LNG

May 24, 2023 Mariel Alumit

MANILA/SINGAPORE, May 24 (Reuters) – With just four years before the Philippines‘ only gas field is set to run dry, the country has started importing liquefied natural gas (LNG), creating a fresh headache for a […]

SSE
CCUS

‘Electrifying profits’ from SSE Thermal as hunt continues for CCS

May 24, 2023 Mariel Alumit

SSE (LON:SSE) saw its thermal division – the utilities firm’s gas-fired power plant arm – triple its profits during 2022 as it brought on new generation and enjoyed higher power prices. Adjusted operating earnings, reported […]

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