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High Oil Prices Speed Up China’s Shift Away From Crude

China’s oil consumption fell 9% year over year in the second quarter as expensive crude accelerated the use of electric cars, trucks, rail and industr...

Sep 03, 2026 · Staff
Originally on Wedgetail
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El Nino could be strongest in decades, UN warns

El Nino is a naturally-occurring phenomenon and is not caused by climate change. But scientists expect it will exacerbate the heat of a planet already...

Sep 03, 2026 · Staff
Originally on Wedgetail
News
Machado Backs U.S. Oil Partnership but Questions Venezuela Deal

Venezuelan opposition leader María Corina Machado is backing a long-term U.S. role in developing the country’s oil reserves, even as she questions who...

Sep 03, 2026 · Staff
Originally on Wedgetail
News
Machado Backs U.S. Oil Partnership but Questions Venezuela Deal

Venezuelan opposition leader María Corina Machado is backing a long-term U.S. role in developing the country’s oil reserves, even as she questions who...

Sep 03, 2026 · Staff
Originally on Wedgetail
News
WMO chief says El Nino could be strongest in four decades

El Nino could be the strongest since records began four decades ago, the United Nations' climate agency warned Thursday, with the UN chief warning the...

Sep 03, 2026 · Staff
Originally on Wedgetail
News
US energy firms dominate Venezuela deals worth billions

US energy firms on Wednesday signed a raft of multi-billion-dollar deals with Venezuela, days after the South American country agreed to grant the Uni...

Sep 03, 2026 · Staff
Originally on Wedgetail
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Inside the booming ‘shadow fleet’ industry keeping rogue states afloat

Countries like North Korea and Russia are developing ever-more sophisticated tactics to dodge sanctions enforcement. Listen to The Conversation Weekly...

Sep 03, 2026 · Staff
Originally on Wedgetail
News
UK Borrowing Costs Surge as Oil Shock Rattles Global Markets

The global rise in borrowing costs is a “particular concern,” the International Monetary Fund has said, as UK bond yields reach a level last seen in t...

Sep 03, 2026 · Staff
Originally on Wedgetail
News
National Grid’s different gas-electric forecasts are responsible planning

National Grid New York is advancing integrated gas-electric planning through coordinated efforts and non-pipeline alternatives, writes the utility’s g...

Sep 03, 2026 · Staff
Originally on Wedgetail
News
Consortium formed for Swedish SMR project

Studsvik has selected GE Vernova Hitachi Nuclear Energy and Samsung C&T as its strategic partners for an initial four-unit BWRX-300 small modular reac...

Sep 03, 2026 · Staff
Originally on Wedgetail
News
Land-based wind power pipeline shrinks as price gap with solar widens

John Hensley, senior vice president of markets and policy analysis at ACP, told Utility Dive that his organization has calculated at least 44 GW of wi...

Sep 03, 2026 · Staff
Originally on Wedgetail
News
To beat a rickety electric grid, Nigeria’s capital gets creative

Nigerians are unable to rely on the country’s dodgy electric grid, so residents have developed work-arounds.

Sep 03, 2026 · Staff
Originally on Wedgetail