The UK Government has announced the introduction of a sustainable aviation fuel (SAF) mandate, set to begin on 1st January 2025, subject to Parliamentary approval. This initiative aims to decarbonise air travel and stimulate economic […]
A host of entities have been established in Dubai to move Russian gas shipments around the world, in a move that mirrors how Moscow attempted to dodge sanctions for its oil exports. Nur Global Shipping, […]
(Reuters) Two large oil tankers were on fire on July 19, 2024, after colliding near Singapore, the world’s biggest refueling port, with two crew members airlifted to hospital and others rescued from life rafts, authorities […]
The Chinese banking sector is facing a severe crisis. In just one week, 40 banks disappeared, and the collapse of Jiangxi Bank has further deepened the sector’s problems. Experts warn that the situation could have […]
Before everything got disrupted by the attempt on President Trump’s life, I had written a post last week titled “Big Tech On The Path To Net Zero.” That post looked at the most recently issued […]
From the mid-1990s to onset of Covid at the end of 2019, China almost singlehandedly drove the commodities supercycle, consisting of ever-increasing prices for the key materials it required to drive its extraordinary economic growth. […]
Russia and Cuba have discussed the idea of building an oil refinery in Cuba with the help of Russian companies, the deputy speaker of the Russian parliament was quoted as saying. During a visit of […]
The UK is poised to miss its ambitious target to decarbonize its power sector by 2030 even as it is boosting solar and wind developments, analysts say. The new UK government of the Labour Party, […]
Renault’s CEO Luca De Meo expressed doubts over the timeline for transitioning to electric vehicles in Europe, adding the carmaker has to bring down costs if it wants to deliver on its EV goals, […]
Nigeria’s $20 billion Dangote plant has had to increase imports due to insufficient domestic supplies Nigeria’s Dangote Refinery is in negotiations with Libya to secure crude oil for its 650,000 barrels per day (bpd) plant, […]
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