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HomeInternational News

International News

Nato
Geopolitical

Nato fears Russia may have laid mines on critical European undersea infrastructure points

May 17, 2023 Mariel Alumit

Russia may have already mined Europe’s critical underwater infrastructure, NATO representatives fear, as its intelligence chief warned on Wednesday Russia may sabotage them to punish Western nations for supporting Ukraine. The alliance is seeking to boost efforts to protect undersea […]

Crude Oil News

IEA Warns Oil Bears Are Disregarding An Imminent Supply Shortage

May 16, 2023 Mariel Alumit

By Tsvetana Paraskova of OilPrice.com The decline in oil prices over the past few weeks contrasts with an expected tightening of the market later this year when demand exceeds supply by nearly 2 million barrels […]

EU
Critical Minerals

EU raw material targets need money and faster permits, sector chief says

May 16, 2023 Mariel Alumit

BRUSSELS, May 16 (Reuters) – The European Union will only meet ambitious targets to reduce its reliance on China and other countries for critical materials by rapidly scaled-up financing and accelerated permitting, according to the […]

Alberta
International News

Alberta’s wind power drops to 2 megawatts out of 3618 on Friday, the lowest level we’ve seen yet

May 16, 2023 Mariel Alumit

For three of four days last week, Alberta saw its wind power generation utterly collapse. On Friday, May 12, Alberta’s wind generation fell to the lowest number Pipeline Online has seen in 17 months of […]

Wind
Climate Crisis

Giant Wind Turbines Keep Mysteriously Falling Over. This Shouldn’t Be Happening.

May 16, 2023 Mariel Alumit

Turbine failures are on the uptick across the world, sometimes with blades falling off or even full turbine collapses. A recent report says production issues may be to blame for the mysterious increase in failures. Turbines are growing […]

Fossil fuel
Climate Crisis

Fossil fuel-centred growth is obsolete, says EU’s von der Leyen

May 16, 2023 Mariel Alumit

(Reuters) – An energy mix based on fossil fuels cannot deliver sustainable economic growth for future generations, European Commission President Ursula von der Leyen said on Monday as she sought to add impetus to the […]

Price
International News

“The UAE Is Poised To Become A 21st Century Switzerland”

May 15, 2023 Mariel Alumit

By Eric Peters, CIO of One River Asset Management “This is how to think about the UAE” said the wealthy investor, a banker turned money manager, entrepreneur, an expatriate who left London with his young […]

China
Energy Crisis

When China invades Taiwan – some energy consequences

May 15, 2023 Mariel Alumit

China and Russia have a great deal in common. Both are authoritarian states, both lost territory in the twentieth century, and both are set on redressing those losses. Both are critical players in the world’s […]

carbon
Carbon Capture

Report: Growing carbon credit market will increase to $4.4 trillion

May 15, 2023 Mariel Alumit

InsightAce Analytic’s latest research reveals that the global carbon credit market size is valued at $402.58 billion in 2022, with an expected rise to $4.4 trillion in 2031. The market is projected to have a significant compound […]

Gas
Fossil

Finally, Rich Countries Recognize Africa’s Right to Use Gas

May 15, 2023 Mariel Alumit

In 2010, Mozambique discovered massive offshore natural gas reserves that promised to transform the country’s economy. Mozambique’s current GDP is around $15 billion; the government expects sales from liquefied natural gas (LNG) to bring in $95 billion in revenue over the […]

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