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HomeInternational News

International News

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Electric Vehicles

Four key takeaways from the World Economic Forum 2023

January 23, 2023 Mariel Alumit

The World Economic Forum (WEF) held its annual meeting in Davos, Switzerland last week against a backdrop of global inflation and recessionary risks. However, despite the doom and gloom, there were some interesting takeaways. – […]

Demographic
International News

“Such Demographic Decline Has Never Happened Across Major Global Economies”

January 23, 2023 Mariel Alumit

By Eric Peters, CIO of One River Asset Management “How long to dispose of a body before it smells,” Brian Walshe asked Google. “What is the rate of decomposition of a body found in a […]

Oil
Climate Crisis

Davos 2023: Big Oil in sights of climate activist protests

January 23, 2023 Mariel Alumit

DAVOS, Switzerland (Reuters) -Big oil firms came under pressure at the start of the World Economic Forum (WEF) from activists who accused them of hijacking the climate debate, while a Greta Thunberg-sponsored “cease and desist” […]

Price
International News

Adani Green Energy posts 9 per cent surge in solar, 47 per cent jump in wind energy sale

January 23, 2023 Mariel Alumit

The renewable energy company said this increase in the sale of energy was backed by 150 MW commissioned in Rajasthan in November 2022 and 140 basis points improvement in capacity utilisation factor (CUF). Ahmedabad: AdGreen […]

China
Climate Crisis

China To Accelerate The Construction Of Coal-Fired Power Plants – Is Net Zero a possibility?

January 23, 2023 Mariel Alumit

Authored by Michael Kern via OilPrice.com, China expects to add 70 gigawatts (GW) of coal-fired power generation this year, up from 40 GW of capacity from coal installed in 2022, a report from the power […]

warship
Geopolitical

Russian warship to join drills with China, South Africa navies

January 23, 2023 Mariel Alumit

NewsMilitary A Russian warship armed with hypersonic cruise weapons will take part in exercises with the Chinese and South African navies in February, according to Russia’s state-owned TASS news agency. The report on Monday was […]

Electrical Generation / Utilities

Pakistan hit by nationwide power outage after grid failure. These grid issues could happen in the US.

January 23, 2023 Mariel Alumit

NewsEnergy Islamabad, Pakistan – Pakistan has suffered a nationwide power outage due to a technical fault that left large swaths of the country, including the capital Islamabad, without electricity. In a statement on Twitter, the […]

Price
International News

Bidders set up close fight for SKS Power; financial creditors could make a full recovery

January 23, 2023 Mariel Alumit

“All bidders that had submitted bids early this month are very close, which means a recovery of over 75 per cent is almost guaranteed. To break the deadlock, banks will push the bidders to offer […]

Russia
Crude Oil News

The World Economy No Longer Needs Russia – But we are not out of the Energy Crisis for years.

January 22, 2023 Mariel Alumit

ENB Pub Note: While the world scrambles to get the energy sourcing map reconstructed away from Russia’s oil and natural gas, there are two things people are overlooking. 1: We are not out of the […]

Iran
Aljazeera International

Iran’s currency hits record low amid tensions with the West

January 22, 2023 Mariel Alumit

Tehran, Iran – Iran’s currency has reached an all-time record low amid increasing tensions with the West and the unrest gripping the country. On Sunday, the United States dollar went past the 450,000-rial mark for […]

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