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HomeTop News

Top News

EU
Geopolitical

EU fails to agree on new Russia sanctions – Reuters

December 7, 2024 Clark Savage

Two unnamed member states have reportedly held up the latest round of anti-Moscow measures Two EU member states have blocked the proposed 15th package of sanctions targeting Russia, Reuters reported citing unnamed diplomats in Brussels. […]

Forget Short-Term Noise: Oil Prices Are All About the Long-Term Trend
Crude Oil News

Morgan Stanley Raises Brent Oil Forecast for Late 2025 After OPEC+ Move

December 6, 2024 Mariel Alumit

OPEC+ postponed the start of increasing oil production, tightening the market supply and potentially leading to higher prices. Morgan Stanley revised its Brent crude price forecast to $70 per barrel for the second half of […]

oil
Big Oil Companies

Chevron Is Cutting Low-Carbon Spending by 25% Amid Belt Tightening

December 6, 2024 Clark Savage

Oil driller trims green budget to $1.5 billion from $2 billion Chevron is prioritizing profits over oil production next year Chevron Corp. is cutting low-carbon investments by one-fourth as the oil explorer trims spending across the […]

Mercedes-Benz
Electric Vehicles

Revolutionary! Mercedes-Benz solar paint could mean Australians never have to plug their EVs in again

December 6, 2024 Mariel Alumit

Mercedes-Benz has developed groundbreaking new solar paint that could provide all the energy Australians will ever need for their daily motoring. And the tech could be introduced within five-to-10 years. Revealing the tech recently in […]

Africa
Climate Crisis

Biden’s Green Colonialism Sends Billions To Africa As Americans Suffer At Home

December 6, 2024 Mariel Alumit

Biden’s billions for foreign disasters and green energy spark outrage as Americans struggle to live in pop-up tents after Hurricane Helene. We reported on Tuesday about how Joe Biden said that he was giving Africa […]

Salvini
Climate Crisis

Italy’s Salvini warns of economic suicide over plans to overhaul EU car emission limits

December 6, 2024 Mariel Alumit

  Italian Deputy Prime Minister and Infrastructure Minister Matteo Salvini strongly criticised the European Union’s plan to ban the sale of cars with internal combustion engines by 2035, calling it economic suicide that would only […]

Gazprombank
Finance

Foreign clients of Russian gas feel the heat of US Gazprombank sanctions

December 6, 2024 Mariel Alumit

  Russian President Vladimir Putin cancelled the option for buyers of Russian gas to convert currency into roubles at Gazprombank, a presidential decree showed on Thursday (5 December), complicating the payments process as buyers must […]

Europe
Energy Crisis

Europe Has an Industrial Policy Crisis

December 6, 2024 Mariel Alumit

How the West can avoid the next Northvolt going south. Northvolt’s story seemed like a fairy tale. Peter Carlsson, an ambitious and entrepreneurial former Tesla executive, founded the Swedish battery maker in 2016 to secure […]

Russian gas
Geopolitical

Time to halt Russian pipeline gas imports in Europe – Or is it?

December 6, 2024 Mariel Alumit

  With the Ukrainian gas transit deal set to expire in 2024, TurkStream is poised to become Russia’s sole remaining pipeline outlet to Europe. Stopping its operations would cut off Russia’s pipeline gas revenue entirely. […]

North Sea
Crude Oil News

North Sea Trading Frenzy Sparks Brent Crude Price Speculation

December 5, 2024 Mariel Alumit

The North Sea crude market experienced a record-breaking trading day, with eight cargoes traded, potentially influencing Brent Crude prices. Major oil companies and trading firms participated in the trading frenzy, signaling bullish market sentiment. While […]

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