Shell’s final lifeline Once an exploration permit is granted, the holder of the permit is able to apply for up to three renewals, after which they must start the costly and time-consuming process from scratch. Shell and Impact made their final application to renew the exploration right in 2023. While…
Raul Gorrin Belisario, owner of Globovision, allegedly took part in $1.2bn scheme to launder corrupt oil money. The United States has charged a Venezuelan media mogul with ties to President Nicolas Maduro for laundering hundreds of millions of dollars. On Wednesday, the Justice Department announced the indictment of Raul Gorrin…
Stricter registration policies from Panama, the world’s largest ship registry, come amid a push to crack down on oil smuggling. A former United States official has praised a new executive decree from Panama that is set to strip maritime vessels of their domestic licences and registrations if they face global…
Electricity is slowly returning to Havana, Cuba’s capital days after a nationwide blackout plunged the country of 10 million into total darkness on Friday, causing the government to close all non-essential workplaces and cancel school classes until Thursday. Power has been restored to almost 90 percent of Havana, according to…
Millions of Cubans face 12-hour blackouts per day, but PM Marrero says country ‘not yet in a bottomless abyss’. Cuba’s government has announced it will halt all non-vital state services and businesses for three days as it battles an energy crisis that has caused marathon blackouts for much of the…
NewsFeed Footage shows the moment a fuel tank explodes at a petrol station in Chechnya, in Russia, causing a huge fireball. Four people, including two children, were killed in the blast. Published On 13 Oct 202413 Oct 2024 Check out our Latest News and Follow us at Facebook Original Source
Fears of a widening war in the Middle East have pushed up oil prices. Geopolitical tensions in the Middle East have historically led to a sharp increase in oil prices. Today, Israel’s yearlong war on Gaza and its ground offensive in Lebanon have done little to boost prices. That is…
Fears of a widening war in the Middle East have pushed up oil prices. Geopolitical tensions in the Middle East have historically led to a sharp increase in oil prices. Today, Israel’s yearlong war on Gaza and its ground offensive in Lebanon have done little to boost prices. That is…
The largest increases in emissions of the greenhouse gas come from China and Southeast Asia. Concentrations of methane are rising at an unprecedented pace, jeopardising global climate goals, according to researchers. The potent greenhouse gas, the second-largest contributor to climate change after carbon dioxide, has increased by 20 percent over…
No major changes expected with President Abdelmadjid Tebboune expected to win despite concerns about low turnout. Algerians are voting in a presidential election in which incumbent Abdelmadjid Tebboune is expected to easily win a second term. Polling stations opened at 8am (07:00 GMT) on Saturday in the North African country…
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