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HomeTop News

Top News

Russia’s shadow fleet
Crude Oil News

European shipowners helped build Russia’s shadow fleet, investigation says

February 4, 2025 Mariel Alumit

  Shipping companies from Western countries sold off discarded oil tankers that became part of Russia’s shadow fleet, according to a joint report by investigative news media from several European countries. According to the cross-country […]

Chris Wright
Political

Chris Wright, who once drank fracking fluid to prove its safety, confirmed to lead U.S. energy agency

February 4, 2025 Mariel Alumit

Chris Wright was confirmed as Secretary of Energy, putting the founder of an oil and gas fracking services company in charge of an agency that will play a key role in President Donald Trump’s plans for a […]

China
Finance

Beijing retaliates as Trump’s China tariffs kick in

February 4, 2025 Mariel Alumit

Donald Trump’s fast-moving tariff tiffs with key trading partners continue to keep shipping executives on edge around the world. Similar to the threats he made to Colombia a week prior, the American president yesterday put […]

USAID
Finance

USAID closes headquarters – media

February 3, 2025 Mariel Alumit

Elon Musk earlier revealed that US President Donald Trump “agreed” to shut down the agency, which he called “criminal” and “beyond repair” The US Agency for International Development (USAID) has closed its main office in […]

Greenland
Critical Minerals

The Geopolitics and Energy Potential of Greenland

February 3, 2025 Mariel Alumit

Greenland boasts significant hydropower, rare earth elements, and potential oil and gas reserves. The island’s future energy development is uncertain due to a moratorium on fossil fuels and environmental considerations. The US interest in acquiring […]

Refinery
Crude Oil News

Lukoil Refinery and Gazprom Plant Hit by Massive Ukrainian Drone Attack

February 3, 2025 Mariel Alumit

The biggest refinery in southern Russia and a major gas processing plant controlled by Gazprom were hit by a massive attack of Ukrainian drones on Monday, officials from Ukraine and Russia said. Lukoil’s refinery in Volgograd, which […]

Tariffs
Crude Oil News

Tariffs on Oil Are a Major Problem for U.S. Refiners

February 3, 2025 Mariel Alumit

US tariffs on Canadian and Mexican imports will add to the financial burden of US refiners struggling with declining profit margins. Canada may divert oil exports to Asia due to the tariffs, while Mexico could […]

USAID
Finance

USAID tried to block DOGE audit

February 3, 2025 Mariel Alumit

Elon Musk has accused the agency’s officials of seeking to “cover up their corruption” Two senior security officials with the US Agency for International Development (USAID) have reportedly been placed on leave by President Donald […]

Zelensky
Finance

Zelensky has no idea where most of ‘$200 billion’ in US aid went

February 3, 2025 Mariel Alumit

Kiev received far less than the amount repeatedly cited by President Trump and other US officials, the Ukrainian leader insists Washington has provided Kiev with just over $75 billion in military and other types of […]

offshore wind
Electrical Generation / Utilities

Denmark bets on exports to Germany to beat offshore wind doldrum

February 3, 2025 Mariel Alumit

  The Danish government is looking to rejuvenate its offshore wind industry with EU backing after a failed auction last year left it in the doldrums. In December last year, the Norwegian government was forced […]

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