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Since the U.S.–Israel war with Iran disrupted oil flows through the Strait of Hormuz, Gulf producers, including the UAE, have faced major logistical challenges in exporting oil. The United Arab Emirates (UAE) on Tuesday announced it is leaving the Organization of the Petroleum Exporting Countries (OPEC) and the wider OPEC+ alliance, effective May 1. The…
After demanding Iran’s unconditional surrender and threatening to erase its civilisation, U.S. President Donald Trump, on April 8, agreed to a two-week ceasefire and to hold direct talks with Tehran on the basis of its 10-point peace formula. Iran has said that it will honour the truce and allow the “safe passage” of vessels through…
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The story so far: Angering enivronmental activists across United Kingdom (U.K), the British government okayed one of the country’s biggest new oil and gas projects —the North Sea Rosebank field— on September 27. The Rishi Sunak government claims that the project was essential for securing the nation’s energy demands. The move comes mere days after…
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Biofuels are a renewable energy source derived from organic matter. New Delhi: Union Minister Nitin Gadkari, in an exclusive interview with NDTV, spoke about the importance of biofuels in reducing world pollution and making India a carbon-neutral nation. The Global Biofuels Alliance was launched by Prime Minister Narendra Modi at the 18th G20 Leaders’ Summit…
File photo of a section of the BP Eastern Trough Area Project oil platform in the North Sea, around 100 miles east of Aberdeen, Scotland. | Photo Credit: AFP The story so far: U.K. Prime Minister Rishi Sunak recently backed plans for new fossil fuel drilling off Britain’s coast, worrying environment experts even as the…
Read More “Explained | Drilling in the North Sea — history and environmental concerns” »