Drought Archives

Droughts rattle Europe’s hydropower market, intensifying energy crisis

August 5, 2022 Mariel Alumit

Brutally dry conditions in parts of Southern Europe have led to a significant downturn in hydropower generation so far in 2022, exacerbating an already perilous situation in the energy market as the EU grapples with […]

Gulf of Mexico Disturbance Gathers Strength

August 18, 2022

An unnamed weather disturbance projected to move over the southwestern Gulf of Mexico is gathering strength, the National Hurricane Center (NHC) has revealed. According to the NHC’s latest forecasts at the time of writing, the […]

Port of Los Angeles marks best July on record, anticipate cargo downturn from August

August 18, 2022

The Port of Los Angeles said today it handled an estimated 935,345 TEU in July, 2.5% above the previous record set in 2019, while expectations for softer August throughput prevailed amid retailer order slowdowns and […]

Report Confirms Near Billion Barrel Oil Find

August 18, 2022

Canadian Overseas Petroleum Limited (COPL) has revealed that it has received an independent resource report confirming its deep oil discovery on its affiliate COPL America Inc’s lands in Converse and Natrona counties in Wyoming. According […]