Free Top Stories

EC to investigate Bulgaria for exploiting Russian oil sanctions loopholes that earned the Kremlin €1bn

10 November 2023

The European Commission will investigate Bulgaria for exploiting loopholes in the oil sanctions regime against Russia that have earned the Kremlin $1bn.

Almost no large companies meet UN’s target climate guidelines, says study

8 November 2023

As many as 50% of the world’s largest companies have a net-zero target by 2050, but only 4% of major companies meet the UN’s target climate guidelines.

Oil prices defy analysts’ expectations and fall rather than rise after the outbreak of the Israeli-Hamas war

8 November 2023

The oil price defied analysts’ expectations and fell rather than rose after the outbreak of the Israeli-Hamas war on October 7. A month later, despite a 3.7% drop in the price of a barrel of Brent, its value has returned to pre-war levels.

Cleaner air is accelerating global warming

8 November 2023

The reduction in atmospheric pollution, often associated with burning coal, oil, and fossil fuels, has led to clearer skies and that means more sunshine, which paradoxically is actually exacerbating global warming, not preventing it.

Globeleq's 19-MW / 7-MWh solar-plus-storage Mozambique project starts commercial operations

3 November 2023

Globeleq, a British independent power producer focused on Africa, has said its $36mn combined solar and battery storage plant in Mozambique has started commercial operations.

Russia's struggling shipbuilding industry seeks Chinese partnership

3 November 2023

The struggles of Russia's shipbuilding industry have been no secret as it grapples with a series of challenges, including the impact of sanctions cutting off foreign components and expertise, workforce limitations and delays in project deliveries