Today’s ESG Updates US May Lift Venezuela Sanctions to Boost Oil & IMF Aid: US could ease sanctions to support Venezuela’s economy and oil sales. Egypt Signs $1.8B Renewable Energy Deals: Egypt secures solar and storage projects to hit 42% renewables by 2030. G7 Urged to Cut Dependence on China for Critical Minerals: US pushes…
Hours before US helicopters landed at the compound of Nicolás Maduro, the president of Venezuela said he had enjoyed a “pleasant evening” with Chinese diplomats. In a meeting with Chinese President Xi Jinping’s special envoy for Latin America, Qiu Xiaoqi, the two countries reaffirmed close ties and commitment to “building a multipolar world of development…
(Bloomberg) — Chinese investors hunting for the next artificial intelligence winners are looking beyond high-flying chipmakers to the utilities and metal producers that form the industry’s physical backbone. The shift toward the sector’s supply chain — from power generators to materials used in data centers — reflects growing concern over lofty valuations in pure-play AI…
The 342-foot climb from Culver City streets to the Baldwin Hills Scenic Overlook is a monster, but the payoff is sublime: panoramic views from Santa Monica Bay to the San Gabriel Mountains. Almost sublime, that is. The foreground is a scar of denuded earth, storage tanks and bobbing pumpjacks — the legacy of oil discovered…
Ukrainian President Volodymyr Zelensky’s top adviser praised President Trump for courting China to “help” end the Russia-Ukraine war — as some experts and European officials urged caution in taking Beijing at its word. Andriy Yermak, the head of the presidential office in Ukraine, told The Post he supported Trump’s efforts to bring in Chinese President…
Air Force One hit strong turbulence over Asia on Thursday while US President Donald Trump was flying back to Washington from South Korea, where he had gone to attend a summit of the Asia-Pacific Economic Cooperation (APEC). Trump on Air Force One Speaking to reporters midflight amid the bumpy ride, Trump said they could have…
One person familiar with Friday’s discussion pointed out Surgutneftegas, Putin’s personal company, has not been targeted yet and predicted: “If their [Russia’s] entire oil sphere could be squeezed it would have some chance of bringing Putin to the table.” A senior U.K. official separately added that the U.S. action had been “a really important new…
PM Modi with Trump (File photo) US President Donald Trump said on Wednesday that Prime Minister Narendra Modi has assured him that India will stop buying Russian oil, months after Trump imposed punitive tariffs over the purchases. “He’s assured me there will be no oil purchased from Russia,” Trump said. “You know, you can’t do…
After his high-stakes summit with US President Donald Trump in Anchorage, Alaska, in August, Russian President Vladimir Putin told reporters that cooperation with the United States in the Arctic was “very possible”. “We see that Arctic cooperation is also very possible in our international context. For example, between the far east of Russia and the…
Also, removing up to 5 million barrels of Russian oil and another 2 million barrels of petroleum products from the market — without creating an oil shock — is a complicated task with a questionable chance of success. That is why Western leaders have shied away from it, and in any case, there are still…