Latest Stories

Fit for 55 – not fit for purpose

30 September 2022

The EU’s Fitfor55 efforts to reduce CO2 emissions by 55% by 2030 are woefully inadequate and unable to contain global warming to the 1.5°C target, with reductions of up to 77% needed instead to stand any chance of averting a climate catastrophe.

Ongoing shifts in Venezuela’s relationships with Russia, Iran

29 September 2022

Russia’s entry into the ranks of countries sanctioned by the US appears to be damaging ties with Venezuela – and giving Venezuela reasons to expand its existing co-operation with Iran.

NGC signs deal with bpTT on domestic gas supplies

29 September 2022

National Gas Co. of Trinidad and Tobago Ltd (NGC) announced that it had finalised a “milestone” gas supply agreement with BP Trinidad and Tobago (bpTT), a subsidiary of BP (UK), on September 23.

Report: Swiss trader now handling majority of Venezuelan petcoke exports

29 September 2022

Geneva-based Maroil Trading has assumed responsibility for the majority of Venezuela’s petroleum coke exports, according to documents and sources close to the matter cited by Reuters.

Report says Russian gas supplies to Europe via TurkStream now endangered

29 September 2022

Gazprom unit that operates pipeline said to be withdrawing all technical support.