The Crisis
We’re eight weeks into the new decade, and, so far, we’ve had the warmest January ever recorded. (Indeed, researchers at the National Oceanic and Atmospheric Administration said that 2020 is Continue Reading
Climate Change is Pushing Giant Ocean Currents Poleward
Wind-driven ocean currents are changing in a warming climate, which will affect sea level rise and fisheries. Credit: Fred Tanneau/AFP via Getty Images The world’s major wind-driven ocean currents are Continue Reading
Climate change could add around $100 billion to costs of extreme weather
Climate change could add around $100 billion, or more than 20%, to the global cost of extreme weather events such as floods, heatwaves, and droughts by 2040, research from Cambridge Continue Reading
The World’s Best Natural Defense Against Climate Change May Soon Make Things Worse
In 1916, Antarctic explorer Ernest Shackleton was forced to make a treacherous voyage across the open waters of the Southern Ocean after his ship Endurance was crushed by pack ice and Continue Reading
Saudis Slash March Crude Oil Exports To China As Demand Slumps
China’s top oil supplier and the world’s largest oil exporter, Saudi Arabia, will be cutting its crude exports to the world’s top oil importer by at least 500,000 bpd in Continue Reading
Aramco Begins Preparing For International Listing
Aramco has reportedly started the preparation process for the international leg of its listing, which most expected to be years away. According to unnamed sources that spoke to Bloomberg, the Continue Reading
Saudi Arabia seeks bigger oil cut as coronavirus slashes demand
Saudi Arabia is pushing to make a substantial cut in oil production when Opec and its allies meet next week, as global energy producers scramble to respond to the coronavirus Continue Reading
Running out of time: East Africa faces new locust threat
Countries in East Africa are racing against time to prevent new swarms of locusts wreaking havoc with crops and livelihoods after the worst infestation in generations. A lack of expertise Continue Reading
Nigeria: House Pledges to Pass PIGB in June
House of Representatives Wednesday said it would pass the Petroleum Industry Governance Bill (PIGB) before the end of June. The Speaker of the House, Hon. Femi Gbajabiamila, said though PIGB Continue Reading
Africa, Latin American Countries Have Massive Oil-Backed Debt To China
African and Latin American countries have accumulated at least $152 billion in debt to Chinese banks, backed by oil and other mineral resources, a study from non-profit the Natural Resource Continue Reading