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HomeInternational News

International News

fuel
Biofuel

Green jet fuel plant hits project funding milestone with £7m government drawdown

May 11, 2023 Mariel Alumit

The company behind the development of a green jet fuel refinery on the South Humber Bank has hit a key funding milestone. Velocys has completed the work required to draw down the first tranche of […]

energy
Climate Crisis

Renewable energy projects worth billions stuck on hold

May 11, 2023 Mariel Alumit

Billions of pounds’ worth of green energy projects are on hold because they cannot plug into the UK’s electricity system, BBC research shows. Some new solar and wind sites are waiting up to 10 to […]

technology
Critical Minerals

To meet EV demand, industry turns to technology long deemed hazardous

May 11, 2023 Mariel Alumit

OBIRA ISLAND, Indonesia — On a remote island close to where the Pacific meets the Indian Ocean sits one of the first refineries built specifically to support the world’s transition away from fossil fuels. Rocks unearthed […]

Energy Transition

Alberta wind generation flatlines for second day in a row, producing 6 out of 3,618 megawatts capacity

May 11, 2023 Mariel Alumit

Alberta’s power grid saw wind power generation crater to 0.17 per cent on Wednesday, one day after it similarly cratered. At 11:25 a.m. on Wednesday, May 10, the Alberta Electric System Operator (AESO) showed that […]

Finance

China’s cash-strapped local governments can’t pay workers on time

May 11, 2023 Mariel Alumit

Hu Mingdan, a civil servant in eastern China, prided herself on landing a job known as an “iron rice bowl” – the kind where you don’t worry about being laid off or chasing payment. That […]

Saudi Aramco
Earnings

Saudi Aramco records 19% drop in annual profits amid falling oil prices

May 10, 2023 Mariel Alumit

Saudi Aramco announced a 19% drop in quarterly profits when compared with the same period in 2022. This marks the first year-on-year decline for the company’s profits since 2020. Saudi Aramco, which is primarily owned […]

Climate Crisis

Are militaries driving the climate crisis?

May 10, 2023 Mariel Alumit

On Wednesday, May 10 at 19:30 GMT:For years, climate activists have centered their work around stopping some of the world’s biggest polluters — from fossil fuel companies, to the meat industry, to industrial farming. And […]

Russia
Geopolitical

Russia’s War in Ukraine: Green Policies in a New Energy Geopolitics

May 9, 2023 Mariel Alumit

Russia’s brutal aggression has wreaked devastation in Ukraine for more than a year. It has also forced a fundamental rethink of geopolitics. Central to that new thinking is the role of energy security and how […]

Geopolitical

Kissinger Makes Ukraine Peace Prediction Centered On China

May 9, 2023 Mariel Alumit

99-year old Henry Kissinger has raised eyebrows among the Washington establishment which has long revered him, this time once again with some unexpected commentary on the Ukraine war. He said in a fresh interview with […]

Price
EIA News

Europe ended winter 2022-23 with the most natural gas in storage on record

May 8, 2023 Mariel Alumit

May 8, 2023 Data source: Gas Infrastructure Europe, Aggregated Gas Storage Inventory (AGSI+) Note: Percentages calculated by AGSI+. Figures shown are for the first day of each month. As of April 1, natural gas storage […]

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