The Organization of Petroleum Exporting Countries plus a group led by Russia, OPEC+1 ignored requests from United States president Joe Biden and agreed on Wednesday to continue raising oil output in measured steps as originally agreed. Last July OPEC+1 agreed to gradually increase oil output following the collapse of prices …
Read More »Russia Plans to Dominate Arctic Sea Routes with the Largest Fleet of Icebreakers
Hoping to develop the Northern Sea Route across the Arctic into an international shipping lane, Russia is building a group of icebreakers to be powered with liquefied natural gas. Russia already has the world’s only fleet of nuclear powered icebreakers but under president Vladimir Putin the objective is that its …
Read More »Europe’s Push for Drastic Shift towards Electric Vehicles may Find Objections
The European Commission has voted last week to ban the sale of vehicles that run on gasoline or diesel by the year 2035 to change the energy matrix in transport. The EC proposals need to be approved by the European Parliament before becoming law – and reports suggest they could …
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