Ace Business Desk – The UK government has moved to ban any new exploration for oil and gas in the North Sea by Angus Cochrane: Senior political journalist, BBC Scotland: Published: 4 November 2026 The Energy Independence Bill would remove the North Sea Transition Authority’s ability to grant new oil and gas licences. The legislation […]
Tag: Oil
Ace Environmental News Desk – Indigenous leaders challenging Brazilian oil projects traveled to Ecuador to learn how the Sarayaku people fought back and helped reshape laws around the globe. This article originally appeared on Inside Climate News a nonprofit, non-partisan news organization that covers climate, energy and the environment by Katie Surma SARAYAKU, Ecuador—The canoe motor […]
Ace Business Desk – “Shock waves from the Democratic blue tsunami cascaded through global energy markets on Wednesday,” reports Politico in its coverage of the US midterm election results. It continues: “The AI race, which is powering the US economy and sending electricity demand soaring, suddenly faces major roadblock by Benjamin Storrow, Zack Colman and […]
Ace Buisness Desk – Data centers lose big during midterm races with fierce pushback that helped carry Democrats to victory in key races across the nation this week, and where the centers were explicitly on the ballot, they lost overwhelmingly news from The Hill reports Midterm voters both rejected industry-backed candidates and overwhelmingly backed resolutions to halt […]
GlobalWarming & ClimateChange News Desk – Brazil Puts Forward Plan to Wean World Off Fossil Fuels Brazil has released a global roadmap to “help countries wean their economies off oil, gas and coal over the next decade”, John Ainger, reports for Bloomberg It says Brazil committed to producing the roadmap, and one on deforestation, as […]
Ace Business Desk – There is ongoing coverage – including on the frontpage of the Daily Mirror – of the quarterly profits announced by Shell yesterday by Holly Williams, The Press Association: The Press Association reports that campaigners have criticised the “profit haul”, which saw the company announce earnings of $10.81bn (£8.12bn), up from $5.43bn (£4.08bn) a year earlier. […]
Ace Business Desk – President Trump invoked the Defense Production Act on Thursday night, announcing that the government would be spending $150 million toward boosting domestic gas and diesel production as the White House looks to ease consumer pain at the gas pump Associate Press reported The announcement was made in a presidential memorandum Thursday, but […]
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