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HomeInternational News

International News

Exxon
Exploration and Production

Exxon exits Russia after Kremlin expropriated properties – Reuters

October 17, 2022 Mariel Alumit

Exxon Mobil (NYSE:XOM) said Monday it has left Russia completely after Vladimir Putin expropriated its properties following seven months of discussions over an orderly transfer of its 30% stake in the Sakhalin-1 oil and gas […]

Chinese
ESG

Boot Chinese Stocks From ESG Funds, Former State Department Official Says

October 17, 2022 Mariel Alumit

A former undersecretary of state for economic affairs and CEO of DocuSign, Keith Krach, is on a mission to divest Chinese stocks from funds restricted to companies that meet environmental, social, and governance goals. In […]

China
Exports

China To Stop Reselling LNG To Europe

October 17, 2022 Mariel Alumit

Chinese state-owned energy giants have been recently told by authorities to stop reselling liquefied natural gas. In recent months, Chinese LNG importers have been selling their excess inventories to Europe. Europe’s LNG supply could dwindle […]

Commodities

Noland: “Dominoes Are Aligning For A Major Synchronized Global Crisis”

October 17, 2022 Mariel Alumit

Excerpted from Doug Noland’s Credit Bubble Bulletin, It would have been a nonevent; inconsequential. Confirming New Cycle Dynamics, the Truss government’s “mini budget” has unleashed absolute mayhem. Pension funds blowing up. Emergency central bank rescue […]

Russia
Geopolitical

Russia Will Terminate Natural Gas Supplies If A Price Cap Is Implemented

October 17, 2022 Mariel Alumit

The EU is considering a price cap on Russia’s natural gas exports in order to reduce both its energy bill and Russia’s ability to wage war on Ukraine, The CEO of Gazprom has said that […]

Joe Biden
Crude Oil News

Joe Biden has ‘no plans’ to meet Saudi Arabia’s MBS at G20 summit

October 17, 2022 Mariel Alumit

United States President Joe Biden has “no plans” to meet with Saudi Crown Prince Mohammed bin Salman at next month’s G20 summit in Indonesia, a senior US official says, as tensions over the OPEC+ decision […]

Nuclear
ENB Pub Note

Nuclear Power Is a Dead End. We Must Abandon It Completely.

October 17, 2022 Mariel Alumit

ENB Pub Note: While this is an interesting article on why nuclear should be abandoned, there are some serious omissions. In France, the reactor fleet is at only half capacity due to budget constraints and […]

Biden
ENB Pub Note

Biden says Pakistan may be ‘one of the most dangerous nations in the world’

October 17, 2022 Mariel Alumit

ENB Pub Note: President Biden is got to quit antagonizing the world and threatening countries. United States President Joe Biden said Pakistan may be “one of the most dangerous nations in the world” as the […]

Many India Inc majors may be Net-Zero by 2050
International News

Many India Inc majors may be Net-Zero by 2050

October 17, 2022 Stu Turley

Several Indian corporate houses have set decarbonisation targets internally to become carbon neutral by 2050 or before. These include Vedanta, Aditya Birla Group, JSW Group, Adani Transmission, Mahindra & Mahindra, and Dalmia Cement, among others. […]

ReNew Power to invest Rs 30,000 cr to scale up green capacities: Chairman Sumant Sinha
International News

ReNew Power to invest Rs 30,000 cr to scale up green capacities: Chairman Sumant Sinha

October 17, 2022 Stu Turley

“We have 5,000 megawatts (MW) of projects that we are building right now. We have won various auctions… have PPAs (power purchase agreements),” Sinha, who is also the founder and CEO of the company, told […]

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