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HomeTop News

Top News

US Treasury
Finance

US Treasury to take ‘extraordinary measures’ after Trump inauguration

January 18, 2025 Mariel Alumit

Janet Yellen has told Congress that her department will pause retirement payments in a bid to avoid default US Treasury Secretary Janet Yellen has said her department will take “extraordinary measures” to prevent the US […]

Crude Oil News

Oil and Gas India is staring at an ‘oil shock’ as U.S. sanctions on Russian crude loom

January 18, 2025 Clark Savage

The U.S. recently announced sanctions on Russian oil producers, along with vessels that have been shipping barrels of Russian crude. India will be hit the hardest by the sanctions, more so than China which has […]

Energy Dominance
Climate Crisis

Trump’s Energy Pick Vows To Restore American Energy Dominance, Slash Costs

January 18, 2025 Clark Savage

To Democrat’s chagrin, Trump’s energy secretary pick pledged at his confirmation hearing to focus on restoring US energy dominance. US President-elect Donald Trump’s energy secretary pick on Wednesday pledged to focus on what he called […]

ExxonMobil
Big Oil Companies

Disclosures Show Foreign Billionaire Funding Green Lawfare Against ExxonMobil

January 18, 2025 Clark Savage

Andrew Forrest, Aussie billionaire and eco-activist, is funding stateside litigation targeting ExxonMobil, raising questions about foreign influence.​ Andrew Forrest, an Australian billionaire environmentalist, is quietly funding litigation in the United States targeting ExxonMobil, an oil […]

gas pipeline to Iran
Geopolitical

Putin backs gas pipeline to Iran

January 18, 2025 Mariel Alumit

  The capacity could be up to 55 billion cubic meters per year, the Russian leader has said Russian President Vladimir Putin has expressed support for the construction of a gas pipeline to Iran which […]

EU
Energy Crisis

EU consuming Russian LNG at record pace – Politico

January 17, 2025 Mariel Alumit

Shipments of the super-chilled fuel reportedly surged after pipeline gas transit through Ukraine stopped, the outlet reports The EU’s imports of liquified natural gas (LNG) from Russia surged at an unprecedented rate in the first […]

Global diesel prices
Crude Oil News

Global diesel prices soar after latest US sanctions on Russia – Reuters 

January 17, 2025 Mariel Alumit

Prices have hit a five-and-a-half-month high amid fears of disruptions to supply, according to the outlet Global diesel prices and refining margins have surged following the latest round of US sanctions targeting Russia’s oil trade, […]

Treasury
Finance

Trump’s Treasury nominee warns of US economic crisis

January 17, 2025 Mariel Alumit

  The middle class will face the largest tax hike in history unless cuts made during Trump’s first term are extended, Scott Bessent has said The US is headed towards an economic crisis by year’s […]

nuclear
Energy Crisis

Germany’s chancellor-in-waiting backtracks on nuclear

January 17, 2025 Mariel Alumit

  Chancellor hopeful Friedrich Merz has concluded a nuclear energy revival in Germany is unrealistic, despite his party’s long-standing criticism of the timing of the country’s nuclear phase-out. The front-runner to become Germany’s next leader […]

Greenland
Critical Minerals

What Does Trump Want in Greenland?

January 17, 2025 Mariel Alumit

The U.S. president-elect’s threats could lead the autonomous Arctic island to negotiate new terms in its relationship with Denmark. By Regin Winther Poulsen, a multimedia journalist from the Faroe Islands. Few would have imagined that […]

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