Iranian ‘spy ship’ damaged by explosion in Red Sea
CIC The Saudi-led coalition fighting in Yemen says the Saviz is an Iranian military ship An explosion has damaged an Iranian cargo ship anchored off Yemen’s Red Sea coast that Continue Reading
Egypt, Ethiopia Tensions Escalate as Nile Dam Talks Falter
Tensions are rising between Egypt and Ethiopia as Addis Ababa moves closer to diverting water to a massive hydroelectric project on the Nile that has been a center of a decade-long dispute Continue Reading
Nigeria Bets on Solar to Power Its Covid Recovery
Suleiman Babamanu’s path to the heart of Nigeria’s biggest solar power program started in disappointment. After university he worked as a trainee geoscientist for a unit of the Nigerian National Petroleum Continue Reading
What Caused The Saudi-India Oil Rift?
A match has been going on in global oil, which has stayed largely out of the spotlight as the world focuses on the pandemic and its effect on demand. The Continue Reading
Covid-19 live updates: Brazil and India now worst-hit hotspots with record new cases and deaths
Public health experts are raising alarm over Brazil this week, as the pandemic-hit nation has reached several grim coronavirus milestones, including a record number of deaths and the possible spread Continue Reading
The U.S.-China Trade War Isn’t Over Yet
When former U.S. President Donald Trump ascended into the Oval Office in January 2017, he kicked off his presidency by investigating unfair trade practices in China as part of his Continue Reading
South Korea shuts nuclear reactors for second time due to influx of marine organisms
South Korea has shut two nuclear reactors due to an influx of marine organisms just two weeks after restarting them after an earlier influx, company officials said April 8, adding Continue Reading
China’s Greenland Ambitions Run Into Local Politics, U.S. Influence
China’s ambitions to develop a massive rare-earth mine have run into a maelstrom of local politics in a part of the world the U.S. considers vital to its national security interests. The Continue Reading
US gasoline inventories rise 4.04 million barrels as imports jump: EIA
The bulk of gasoline imports head to USAC Texas refiners returning from February outages RBOB crack spread weakens on stock build US gasoline inventories climbed 4.04 million barrels to 234.59 Continue Reading
Summary of Weekly Petroleum Data for the week ending April 2, 2021
U.S. crude oil refinery inputs averaged 15.0 million barrels per day during the week ending April 2, 2021 which was 103,000 barrels per day more than the previous week’s average. Continue Reading