International

The European Union will have to aim for a near-total reduction of greenhouse gas emissions by 2040 if it wants to meet its 2050 climate neutrality goal, according to a report by the bloc’s climate advisory board, published on Thursday (15 June). The recommendation by the European Scientific Advisory Board …

A “transparent and objective” international investigation into the blasts at the Nord Stream natural gas pipelines is needed, a high-ranking Russian diplomat to the United States said early on Wednesday (14 June). Commenting on reports that the US reportedly warned Ukraine not to attack the pipelines under the Baltic Sea, …

Global oil production in 2023 will reach a record figure of 101.3 mln barrels per day (bpd) and in 2024 will grow to 102.3 mln bpd, according to the report of the International Energy Agency (IEA). The United States will continue to dominate non-OPEC+ countries in terms of production growth. …

The first day of the 10th Arab-China Business Conference in Saudi Arabia ended with the signing of 30 investment agreements worth 37.5 billion Saudi riyals ($9.9 billion). The parties signed agreements in the field of technology, renewable energy, agriculture, real estate, minerals, logistics, tourism and healthcare, the state-run Saudi Press …

The nuclear arsenals of several countries, especially China, grew last year and other atomic powers continued to modernise theirs as geopolitical tensions rise, researchers said on Monday (Jun 12). “We are approaching, or maybe have already reached, the end of a long period of the number of nuclear weapons worldwide …

Poland could have been used as an operating base to carry out the attack on the Nord Stream gas pipelines last year, the Wall Street Journal reported on Saturday, citing findings of a Germany-led investigation. German investigators are examining why the yacht believed to have been used to carry out …

The total number of total active drilling rigs in the United States fell by 1 this week, according to new data from Baker Hughes published Friday, falling by 53 over the last five weeks. The total rig count fell to 695 this week—38 rigs below this time last year. The …

Norway’s government plans to submit to Parliament in the coming weeks plans to open a large area to deep sea mining as it seeks to access and extract critical minerals from the seabed. The government has prepared an impact assessment which was open for comments until the end of January …

Carbon dioxide emissions from energy use in the European Union fell by 2.8 percent last year, thanks to reduced use of natural gas following Russia’s invasion of Ukraine, Eurostat reported on Friday. The European Union’s statistical agency said in a report that CO2 emissions from the 27 EU nations was …

China’s drive to reduce its dependence on imported oil has led to the construction of a huge concrete facility near Zhuhai, resembling the size of Monaco, which serves as the centerpiece of its deepwater drilling efforts. The facility, operated by a unit of China National Offshore Oil Corp (CNOOC), is …