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Trump axes Chevron’s Venezuela oil license, citing lack of electoral reforms

Washington DC, US Reuters US President Donald Trump on Wednesday said he was reversing a license given to Chevron to operate in Venezuela by his predecessor Joe Biden more than two years ago, accusing President Nicolas Maduro of not making progress on electoral reforms and migrant returns. In a post on Truth Social, Trump said […]

Putin says he and Trump should meet to discuss Ukraine and energy prices

Moscow, Russia Reuters Russian President Vladimir Putin said on Friday that he and Donald Trump should meet to talk about the Ukraine war and energy prices, issues that the US President has highlighted in the first five days of his new administration. Putin said, however, that there could be no serious peace talks with Ukraine […]

Trump tells Davos he will demand lower interest rates, oil prices

Davos, Switzerland, Switzerland Reuters US President Donald Trump demanded OPEC lower oil prices and the world drop interest rates in a speech to global business and political leaders and warned them they will face tariffs if they make their products anywhere but the US. “I’ll demand that interest rates drop immediately. And likewise, they should […]

COP29 host Azerbaijan hits out at West in defence of oil and gas

Baku, Azerbaijan Reuters The president of Azerbaijan, host of this year’s UN climate summit, lashed out at Western critics of his country’s oil and gas industry on Tuesday. In his keynote address at the COP29 climate summit, where nearly 200 nations are negotiating global action on climate change, President Ilham Aliyev described his country as […]

Ports along Texas coast close, restrict traffic as Tropical Storm Beryl approaches

Houston, US Reuters Ports along the Texas coast were closing or restricting vessel traffic on Sunday to prepare for Tropical Storm Beryl, which was expected to strengthen back to a hurricane before hitting the area early on Monday.   The storm, which at one point intensified to a Category 5 hurricane, left a deadly trail of […]

Fossil fuel use, emissions hit records in 2023, report says

London, UK Reuters Global fossil fuel consumption and energy emissions hit all-time highs in 2023, even as fossil fuels’ share of the global energy mix decreased slightly on the year, the industry’s Statistical Review of World Energy report said on Thursday. Growing demand for fossil fuel despite the scaling up of renewables could be a […]

Tens of thousands flee in new wave of brutal Mozambique attacks

Maputo, Mozambique Reuters Tens of thousands of Mozambicans are fleeing their homes in the restive Cabo Delgado province amid a surge in deadly insurgent attacks since January. The attacks, despite a massive security clampdown, are continuing as French oil company TotalEnergies aims to restart a $US20 billion liquefied natural gas terminal in Cabo Delgado in […]

About 40 killed in violence near disputed Sudan-South Sudan border

Juba, South Sudan Reuters About 40 people, many of them civilians, have been killed in violence in a disputed area on South Sudan’s border with Sudan over the weekend, a government official said on Monday. Frequent clashes have taken place in Abyei region between rival factions of the Dinka ethnic group because of a dispute […]

COP28 clashes over fossil fuel phase-out after OPEC pushback

Delegates walk at the United Nations Climate Change Conference COP28 in Dubai, United Arab Emirates, on 8th December, 2023

Dubai, United Arab Emirates Reuters Countries clashed on Saturday over a possible agreement to phase-out fossil fuels at the COP28 summit in Dubai, jeopardising attempts to deliver a first-ever commitment to eventually end the use of oil and gas in 30 years of global warming talks.  Saudi Arabia and Russia were among several countries insisting […]