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Critical MineralsLegislationMineralsNewsPolitics

India to seek licences to scout Pacific Ocean for critical minerals

India will apply for licences to explore for deep-sea minerals as it competes to secure critical minerals for energy transition technologies

FILE PHOTO: Oil tankers the Yamilah III and the Bow Gemini are seen anchored in New York Harbor in New York City, U.S., May 24, 2022.  REUTERS/Brendan McDermid/File Photo
BusinessFinanceFuelNewsOilPoliticsTrade

Oil market likely to be in surplus next year, Morgan Stanley says

Crude oil market is currently tight but next year will likely be in surplus, with Brent prices declining to $70 range, Morgan Stanley...

FILE PHOTO: Samples of rocks drilled at a cobalt mining site operated by Jervois Global are seen at a facility, west of Salmon, Idaho, U.S. May 16, 2024. REUTERS/Carlos Barria/File Photo
AnalysisCritical MineralsIn-DepthMineralsMiningPoliticsRegulationsTrade

Western miners push for higher metals prices to ward off Chinese rivals

There are growing calls from some policymakers and miners for a two-tier pricing system with a premium for sustainably produced metals

FILE PHOTO: A lone tree stands near a water trough in a drought-affected paddock on Jimmie and May McKeown's property located on the outskirts of town of Walgett, in New South Wales, Australia, July 20, 2018. REUTERS/David Gray/File Photo
AnalysisClimateElectionsElectricityEnvironmentIn-DepthLegislationNuclear FusionNuclear PowerPolitics

Nuclear wildcard reignites Australia’s climate wars

A plan by Australia's federal opposition to build a network of nuclear reactors has set the scene for confrontation on climate policy

Campaigners say remarks by Humza Yousaf and other ministers could have prejudiced the planning process (Jane Barlow/PA)
FuelLegislationNatural GasNewsOilPoliticsRegulations

Campaigners complain over ministers’ handling of plans for new gas power plant

Climate campaigners have complained about Scottish ministers’ handling of plans for a new gas-fuelled power station in Peterhead

A fisherman with boots covered in oil stands on a contaminated shore of Lake Maracaibo in Venezuela, on July 11, 2024 (AFP)
ClimateEconomyEnvironmentFuelIn-DepthOil

Oil-tainted lake a symptom, and symbol, of Venezuela’s collapse

An oil slick on Lake Maracaibo's shores symbolizes Venezuela's economic collapse and the struggles faced by locals as the petroleum industry declines.

Electrician A. Prakash checks the parameter of the output breaker of a 500-kilowatt battery energy storage system inside the Hindustan Coca-Cola Beverages factory in Thiruvallur district, on the outskirts of Chennai, India, Tuesday, July 16, 2024. (AP Photo/Mahesh Kumar A.)
AnalysisBusinessCritical MineralsElectricityIn-DepthInfrastructureRegulationsSolarTradeTransmissionUtilitiesWind

India has ramped up its wind and solar energy. It now needs to expand places to store it

India's battery storage industry, vital for transitioning from dirty fuels, is growing rapidly despite high costs and supply chain issues, with ke investments...

FILE PHOTO: An oil pipeline in Orellana province, Ecuador July 28, 2023. REUTERS/Karen Toro/File Photo
BusinessFuelNewsOilPoliticsTrade

Ecuador and Chilean subsidiary ENAP renegotiate oil agreement

The new agreement will allow an increase in reserves by 5.6 million barrels of crude oil, the Ministry of Energy in Quito said...

Coastal erosion is hitting large parts of England and Wales (AFP)
ClimateCourtsEnvironmentNewsPoliticsResiliency

Landmark UK court case fights to turn back tide of climate change

A case at the High Court will argue that the UK's climate adaptation plan does not do enough to protect people affected by...

High rise housing complexes line the oceanfront in Long Branch,N.J. on July 19, 2024. A public-private group formed after Superstorm Sandy recommends a surcharge on property insurance, fees on the oil and gas industries, and a public voter referendum as ways to raise money for resiliency projects to protect against future big storms. (AP Photo/Wayne Parry)
ClimateEnvironmentFuelLegislationNewsOilPoliticsRegulationsResiliency

Superstorm Sandy group eyes ballots, insurance surcharges and oil fees to fund resiliency projects

Climate resiliency funding should come from insurance, oil fees, and voter approval, recommends new Rebuild By Design report.

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