Category: gas
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The Houthis are what happens when the int’l community appeases – analysis
Houthi rebels escalate maritime threats, reportedly sending direct warnings to shipping companies and potentially extorting transit fees up to $180M monthly. By SETH J. FRANTZMAN NOVEMBER 18, 2024 19:21 Updated: NOVEMBER 18, 2024 19:31 Newly recruited Houthi soldiers march during the funeral of Houthi fighters killed during recent fighting against government forces, in Sanaa, Yemen,…
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COP29: Shifting tides and climate fallacies – Andrew Kenny
At COP29 in Azerbaijan, the usual climate rhetoric met a surprising twist. Attendance dropped sharply, major nations stayed away, and the host nation, led by President Ilham Aliyev, openly defended its fossil fuel economy. With growing rebellion against expensive renewables and Net Zero goals, the conference underscored a shifting global perspective. Andrew Kenny critiques COP29,…
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Several killed in reported IAF strike in Beirut – report
Jerusalem Post breaking news BREAKING NEWS By JERUSALEM POST STAFF NOVEMBER 18, 2024 20:12 Updated: NOVEMBER 18, 2024 20:58 Four people were killed, and a few others were wounded in a reported Israel Air Force strike in northern Beirut, Army Radio reported on Monday, citing Lebanese reports. The airstrike was unusual as it occurred in…
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How Trump’s Energy Plan Could Actually Benefit the Environment
ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Nov 18, 2024, 9:00 AM CST A second Trump administration’s focus on increasing US natural gas production and exports could lead to a decrease in global CO2 emissions. US natural gas exports can displace coal and…
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‘Drill, baby, drill’: What if the world doesn’t need Trump’s ‘liquid gold’?
Opinion November 19, 2024 — 12.13pm November 19, 2024 — 12.13pm Amid the spate of appointments to the incoming Trump administration announced over the past few days are two that have the president-elect and the US oil industry quite excited. Donald Trump appointed former North Dakota governor Doug Burgum as his “energy tsar” and interior…
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Oil Trader Faces Lawsuit Over Company Hit by US-Iran Sanctions
(Bloomberg) — The energy trader seeking to buy UK gas assets from Shell Plc and Exxon Mobil Corp. was sued over allegations that he diverted money from an Iranian petrochemical company that was later banned from doing business in the US. Francesco Mazzagatti is accused in a London lawsuit of profiting from an indirect ownership…
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Goldman Sachs Says ‘Go for Gold’ as Central Banks Buy
Goldman Sachs Forecasts Gold to Hit Historic $3,000 Mark Amid Central Bank Buying Spree By ERAN TAL NOVEMBER 18, 2024 13:48 Goldman Sachs Says ‘Go for Gold’ as Central Banks Buy (photo credit: PR) Goldman Sachs Group Inc. has positioned gold as a premier commodity pick for 2025, with analysts explicitly directing investors to…
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Oil Executive Sued for Fraud Involving Iranian Firm Under U.S. Sanctions
Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info By Tsvetana Paraskova – Nov 18, 2024, 5:00 AM CST The chief executive of a UK oil and gas firm is being sued by a former company he headed for…
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Why countries struggle to eliminate fossil fuel subsidies | Explained
Fossil fuels are the leading driver of climate change, yet they are still heavily subsidised by governments around the world. Although many countries have explicitly promised to reduce fossil fuel subsidies to combat climate change, this has proven difficult to accomplish. As a result, fossil fuels remain relatively inexpensive, and their use and greenhouse gas…
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Russian Offensive Campaign Assessment, November 17, 2024
Russian Offensive Campaign Assessment, November 17, 2024 Nicole Wolkov, Christina Harward, Angelica Evans, Davit Gasparyan, Grace Mappes, and Frederick W. Kagan November 17, 2024, 4:30pm ET Click here to see ISW’s interactive map of the Russian invasion of Ukraine. This map is updated daily alongside the static maps present in this report. Click here to…