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Earth experiences steady stream of heat records - Statista
Heat records have become commonplace in meteorological record-keeping, while new cold records have become few and far between, Statista reports.
Egypt approves $959,000 deal with USTDA to develop methane-reduction roadmap
Egyptian President Abdel Fattah El-Sisi approved on July 5 a grant agreement worth $959,000 with the US Trade and Development Agency (USTDA) to develop a roadmap for reducing methane emissions in Egypt.
LNG in Asia: A transitional step on the way to a greener future
As the global push for decarbonisation intensifies, liquefied natural gas - LNG - is emerging as a pivotal player in Asia’s energy transformation.
Southern Ocean current reverses for first time, signalling risk of climate system collapse
A major ocean current in the Southern Hemisphere has reversed direction for the first time in recorded history, in what climatologists are calling a “catastrophic” tipping point in the global climate system.
Global drought crisis pushes tens of millions towards starvation, warns UN-backed report
A deepening global drought crisis is pushing more than 90mn people to the brink of starvation, with mounting impacts on food, water and energy systems, according to a report released on July 1 by the UN.
St Petersburg braces for historic flood as Neva River surges past warning levels
St Petersburg is bracing itself for the worst flood in 160 years as the water level in the Neva surges thanks to heavy rain.
Poland rejects EU's 2040 emissions target as "unrealistic"
Poland will not support the European Union’s proposed 90% greenhouse gas emissions reduction target for 2040, calling it “unrealistic” and harmful to the country’s economic and energy security.
Water levels drop in Europe’s main rivers as heatwave hits cargo traffic
Both the Vistula in Poland and the Danube in Hungary, two of Europe’s biggest rivers, have reached record-low water levels as Europe’s unprecedented heatwave intensifies and starts to cause major economic damage.
Golden Pass asks US regulators for permission to export LNG in the fall
ExxonMobil and QatarEnergy’s joint venture Golden Pass LNG has requested permission from US regulators to re-export LNG beginning in October.
Czech power grid suffers major power cut
A large-scale outage struck the Czech Republic’s electricity grid on July 4, temporarily cutting power to several regions, in what the country’s transmission system operator described as a rare and significant disruption.
Antarctic cold wave triggers energy crisis across South America
South America is grappling with an unprecedented energy crisis as record-breaking cold temperatures have forced governments to ration gas supplies and activate emergency protocols across Argentina, Chile and Uruguay.
Tanzania signs up to $200mn natural gas deal to expand national distribution
Tanzania Petroleum Development Corporation (TPDC) has signed a memorandum of understanding with Energetech-Tantel Holdings to launch nationwide natural gas distribution via road and rail.
Venture Global signs 20-year LNG supply deal with Petronas
US LNG producer Venture Global has agreed to sell 1mn tonnes of LNG over a 20-year contact to Malaysia’s state-owned oil and gas company Petronas.
Nigeria targets end to routine gas flaring by 2030 under new gas-centred strategy
Nigeria has reaffirmed its commitment to eliminate routine gas flaring by 2030 and reduce methane emissions by 60% by 2031 under a gas-focused energy transition plan.
Trump pressure pushes BYD out of Mexico
China’s electric vehicle (EV) giant BYD has shelved plans to build a major manufacturing plant in Mexico, citing geopolitical volatility and the current trade stance of the United States under President Donald Trump.
Ecuador to receive $1bn in energy investments from China and Spain
Ecuador has secured $1bn in energy sector investments from Spain and China through 2026, marking an early success from President Daniel Noboa's recent diplomatic tour.
Kosmos Energy becomes Diamond Sponsor for annual African Energy Week: Invest in African Energies
US-based Africa-focused oil and gas exploration and production company Kosmos Energy has become a Diamond Sponsor at the African Energy Week: Invest in African Energies, taking place from September 29 to October 3 in Cape Town, South Africa.
ARC closes $1.2bn acquisition as Strathcona exits Montney
Canada’s ARC Resources has completed its acquisition of Montney shale assets in the Kakwa region of Alberta from Strathcona Resources.
Supreme Court to decide on where Line 5 case should be heard
The Supreme Court this week has agreed to hear whether a lawsuit over Enbridge’s Line 5 pipeline belongs in federal or state court.
Nigeria: Former NNPCL CFO speaks out against allegations of arrest
Umar Ajiya Isa, former chief finance officer (CFO) of the Nigerian National Petroleum Co. Ltd. (NNPCL) has denied reports that he was arrested by the Economic and Financial Crimes Commission (EFCC) for allegedly committing fraud worth $7.2bn.
Private jets emitted more climate pollution than all Heathrow Airport flights in 2023
A new analysis from the International Council on Clean Transportation reveals that emissions from private jets reached up to 19.5mn tonnes of greenhouse gases in 2023 – marking a 25% rise over the past 10 years.
Argentina to appeal against US court order to surrender its controlling stake in YPF
A US court has ordered Argentina to surrender its 51% controlling stake in national oil company YPF as partial compensation for its controversial 2012 nationalisation of the energy giant.
TotalEnergies expands in Suriname, seeks to sell off Argentine shale assets
France's TotalEnergies has expanded its presence in Suriname's offshore oil sector through the acquisition of a 25% stake in Block 53, while it is seeking to sell oil assets in Argentina's Vaca Muerta shale play.
Fuel tanker explosion in Jebrin, Syria, kills seven, injures many
A devastating explosion rocked the town of Jebrin in the Hama countryside, central Syria, on July 2 after a fuel tanker caught fire.
Trump says US may ease Iran sanctions
US President Donald Trump has said that he may support the easing of sanctions on Iran to help the country rebuild following its war with Israel over nuclear weapons development.
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