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[ September 29, 2023 ] Iranian Navy Repeatedly Aimed Laser at American Military Helicopter Politics
[ September 29, 2023 ] Zelensky, Navalny Among Favorites for Nobel Peace Prize NGO
[ September 28, 2023 ] Disputed Nagorno-Karabakh Republic to Cease to Exist on January 1 Politics
[ September 28, 2023 ] Poland Might Seek Extradition of Ukrainian Nazi Veteran that Embarrassed Canada Politics
[ September 27, 2023 ] UN Women’s Bahous Asks UN to Declare ‘Gender Apartheid’ in Afghanistan NGO

Iran’s Lack of Cooperation Regrettable, IAEA Says

September 4, 2023 Elizabeta Bozinovska

International Atomic Energy Agency (IAEA) said Monday that Iran has made no progress on outstanding issues, including an improved monitoring system for Tehran’s nuclear program, calling the situation regrettable. Back in March, Tehran vowed to […]

Aramco CEO Predicts China Oil Demand to Grow Strong

August 8, 2023 Elizabeta Bozinovska

Despite the recent voluntary production cut by top OPEC+ producers Russia and Saudi Arabia and major crude consumer China facing economic headwinds, crude prices will remain strong and resilient, Saudi Aramco’s, Amin Nasser, forecasts. Not […]

Bloomberg: Russia Pumping Oil at Record Pace

August 1, 2023 Elizabeta Bozinovska

Despite Russia’s agreement to extend production cuts with its OPEC+ partners, oil companies in the country are operating at a record pace this year, Bloomberg reported on Monday. Data obtained by the news agency shows […]

Biden Administration to Approve Controversial Alaskan Oil Project

March 13, 2023 Elizabeta Bozinovska

The Biden administration will approve a massive and controversial oil drilling project in Alaska. The decision to move ahead with the project by authorizing three drill sites in northwestern Alaska would come a day after […]

Oil Prices Rebound and Reverse After Interest Rate Concerns

March 8, 2023 Elizabeta Bozinovska

Oil prices fell for a second straight session after a short-lived rebound on Wednesday. Drops in oil prices were driven by fears that more aggressive U.S. interest rate hikes would hit demand, while the market […]

Saudi, UAE Lead GCC Switch to Renewable Energy Sources

March 1, 2023 Elizabeta Bozinovska

Saudi Arabia and the United Arab Emirates are leading regional efforts to become more environmentally friendly and go green. According to a new report by an analytics firm, Saudi Arabia and the UAE are making big […]

GOP Senator Warns that New Regulations Will Ban 96% of Gas Stoves in US

February 25, 2023 Dime

Sen. Steve Daines, a Republican from Montana, warned Energy Secretary Jennifer Granholm in a letter this week that new rules being proposed by her department could outlaw up to 96% of the gas-powered stoves presently […]

OPEC+ Decisions Not Politicized, Saudi Energy Minister Says

February 20, 2023 Elizabeta Bozinovska

Decisions by the massive oil block OPEC+ are not politicized, Saudi Arabian energy minister Prince Abdulaziz bin Salman said. The energy minister said that the decisions are based on market fundamentals and that the alliance […]

EU lawmakers approve effective 2035 ban on new fossil fuel cars

February 15, 2023 Maja Popovska

The European Union is blocking gas-powered cars, Reuters reports. For years, the bloc has been looking for ways to cut down on greenhouse gas emissions. Greenhouse gas emissions contribute to global warming by trapping heat […]

Department of Energy to shift $400bn away from fossil fuels

February 3, 2023 Maja Popovska

At the Department of Energy, the loan programs office was “essentially dormant” under former president Donald Trump, The Guardian reports. But now that department has come roaring back to life. And it now has a […]

Anger as Shell makes ‘obscene’ $40bn in profits

February 2, 2023 Maja Popovska

Oil and gas giant Shell has reported its highest profits in 115 years. Shell made a record profit of almost $40 billion in 2022, more than double what it raked in the previous year after […]

Exxon posts record $56bn profit for 2022 in historic high for western oil industry

February 1, 2023 Maja Popovska

Exxon Mobil made a whopping $56 billion in profit for 2022, Reuters reports. The eye-watering amount set not only a company record but a historic high for the western oil industry. Oil majors are expected […]

Leaked EU Plan Reveals Counter to US Green Subsidies

January 31, 2023 Elizabeta Bozinovska

The European Union Commission will loosen state aid rules and propose a new “European sovereignty fund” later this year. It comes in response to the controversial U.S. Inflation Reduction Act, as well as China’s “unfair” green […]

Saudi Crown Prince, Putin Discuss OPEC+ Cooperation for Oil Market Stability

January 31, 2023 Elizabeta Bozinovska

Russian President Vladimir Putin and Saudi Crown Prince Mohammed Bin Salman discussed cooperation within the OPEC+ group of oil-producing countries in order to maintain oil price stability. The two leaders held a phone call on […]

Saudi Arabia’s Oil Exports Value Rose 11.8% in Nov 2022

January 26, 2023 Elizabeta Bozinovska

Saudi Arabia’s oil export value rose by 11.8 percent in November 2022. New data released by the General Authority for Statistics (GASTAT) said Saudi Arabia’s oil export value rose nearly 12 percent to $2.53 billion for […]

IEA Chief Tells WEF World is Witnessing Biggest Energy Crisis Ever

January 18, 2023 Elizabeta Bozinovska

As Russia, which is a major oil and gas exporter, continues its war in Ukraine, the world is witnessing the biggest energy crisis ever recorded in history, stressed on Tuesday the executive director of the […]

US, UAE to Invest $20bn 15 GW of New Clean Energy Projects

January 16, 2023 Elizabeta Bozinovska

In the first wave of investment under their $100 billion clean energy partnership, the United States and the United Arab Emirates (UAE) agreed on Sunday to allocate $20 billion to fund 15 gigawatts (GW) of […]

Refinitiv Data Shows Global Imports of LNG Hit All-Time High

January 15, 2023 Elizabeta Bozinovska

The world’s race to reduce and replace supplies of Russian pipeline gas in light of the war in Ukraine has prompted an unprecedented surge in global LNG imports in 2022, according to data from Refinitiv, […]

Georgia Becomes Test for Climate Law

January 12, 2023 Elizabeta Bozinovska

A solar manufacturing complex in the southern state of Georgia may serve as the test case for whether President Joe Biden’s climate law can boost the domestic supply chain for renewable energy. If successful, it […]

Saudi Arabia is the World’s Energy ‘Safety Valve’, Minister Says

January 12, 2023 Elizabeta Bozinovska

A top Saudi Arabia Minister said the nation has a major role to play in the world’s energy supply, especially in the mining sector. Saudi Arabia’s Minister of Investment Khalid Al-Falih discussed a global shortage […]

The Possible Gas Stoves Ban Prompted Some High-Level Backlash

January 12, 2023 Elizabeta Bozinovska

The news that a US Federal Agency Considering a ban on gas stoves, a source of indoor pollution linked to childhood asthma that more than 40 million Americans use at home, set off a firestorm […]

US Federal Agency Considering a Ban on Gas Stoves

January 11, 2023 Elizabeta Bozinovska

Gas stoves could be on their way out. A federal agency is considering a ban on gas stoves. For years, the case against gas stoves has been heating up. Thirty-five percent of households in the United States […]

Oil Rises After Fuel Stocks Draw Down

January 5, 2023 Elizabeta Bozinovska

Oil prices rose nearly 2 percent on Thursday after posting the biggest two-day loss for the start of a year in three decades. Fears of a global recession looming caused the big declines in the […]

ExxonMobil Files Lawsuit Against EU Over Windfall Profit Tax

December 29, 2022 Elizabeta Bozinovska

In a bid to force European Union to scrap its new windfall tax on oil groups and energy companies, US oil giant ExxonMobil is suing the bloc, arguing that, by imposing the levy, Brussels exceeded […]

BP Criticized for Plan to Spend Billions More on Fossil Fuels Than Green Energy

December 27, 2022 Elizabeta Bozinovska

BP has been accused of pouring billions and billions more into fossil fuels and prioritizing them over green energy. BP has plans to spend as much as double the amount on oil and gas projects for […]

Russia Ready to Resume Gas Supply to Europe via Yamal-Europe Gas Pipeline

December 26, 2022 Elizabeta Bozinovska

More Russian gas will soon be coming back to Europe. Russia said it is prepared to resume gas supplies to Europe through the Yamal-Europe pipeline, which was stopped for political reasons. Russian Deputy Prime Minister Alexander […]

Saudi Energy Minister Says OPEC+ Leaves Politics Out of Decisions

December 21, 2022 Elizabeta Bozinovska

The Saudi Energy Minister said that members of the oil bloc OPEC+ leave politics out of the decision-making process. Prince Abdulaziz bin Salman bin Abdulaziz said that the Organization of the Petroleum Exporting Countries (OPEC) […]

oil spill in Illionis promtps shutdown of pipeline

Oil Extends Rebound from Annual Low Ahead of CPI Reading

December 13, 2022 Elizabeta Bozinovska

Oil prices have rebounded after annual lows. The rise in price is due to the prospect of an extended outage in a key pipeline between Canada and the U.S. However, markets remained cautious ahead of inflation […]

US Achieves Fusion Breakthrough, Making Clear Zero-Carbon Energy

December 12, 2022 Elizabeta Bozinovska

For the first time ever, scientists successfully produced a nuclear fusion reaction resulting in a net energy gain. Decades of effort have gone into fusion energy, which promises almost limitless carbon-free power — without the […]

“Targeted” power station attack leaves NC county in blackout

December 5, 2022 Maja Popovska

Gunfire in an alleged criminal incident over the weekend in North Carolina caused widespread power outages, according to officials, The Hill reports. In a news conference with other local officials, Moore County Sheriff Ronnie Fields […]

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