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Critics question legality of Venezuela oil deals

Chevron's $7 billion Venezuela bet deepens U.S. ties to the country's oil industry. Critics say the deal poses risks to democracy and could fuel disco...

Sep 03, 2026 · Staff
Originally on Wedgetail
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Shell broadens its US Gulf and Brazil horizons with stakes in BP’s prospects ahead of drilling ops

UK-headquartered energy giant Shell has set the wheels in motion to add two new exploration prospects to its global portfolio, one in the Gulf of Amer...

Sep 03, 2026 · Staff
Originally on Wedgetail
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Mongolia bears brunt of Russia's fuel crunch, official says

VLADIVOSTOK, Russia, Sept 3 - Mongolia, Russia's long-term trading partner, is feeling the pinch of fuel shortages in its neighbour, the dominant supp...

Sep 03, 2026 · Staff
Originally on Wedgetail
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South Korea utility proposes Samsung pays $18 billion in advance for power, paper says

It has also proposed that SK Hynix pay five trillion won (S$4.67 billion) in advance.

Sep 03, 2026 · Staff
Originally on Wedgetail
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AI-powered digital twin to be developed for wave energy technology

Eco Wave Power’s U.S. subsidiary has entered into an agreement with Germany-based AI engineering […] The post AI-powered digital twin to be developed ...

Sep 03, 2026 · Staff
Originally on Wedgetail
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UN warns of 'supersized' El Niño as countries prepare for impact

The WMO has warned that the natural weather phenomenon could bring disruption to global economies.

Sep 03, 2026 · Staff
Originally on Wedgetail
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Japan’s Electricity Shock Is a Contract Problem

It’s not a matter of counting suppliers.

Sep 03, 2026 · Staff
Originally on Wedgetail
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China’s falling emissions amid Iran war spark hope of decarbonisation watershed

Oil consumption plummets and EV sales soar as analysts say demand may not fully return even if crude price fallsChina’s carbon dioxide emissions fell ...

Sep 02, 2026 · Staff
Originally on Wedgetail
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Analysis: China’s CO2 emissions fall in Q2 2026 due to plummeting oil use

China’s carbon dioxide (CO2) emissions fell by 1% in the second quarter of 2026, as oil consumption plummeted amid the… The post Analysis: China’s CO2...

Sep 02, 2026 · Staff
Originally on Wedgetail
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Asian data center boom faces backlash

Asian governments’ urge to cash in on the AI boom is clashing with constituents’ environmental and health concerns.

Sep 02, 2026 · Staff
Originally on Wedgetail
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The diesel shock is here. Which US states will be hit the hardest?

Learn how the Strait of Hormuz closure is affecting states' supply and price of distillate fuel oil. The post The diesel shock is here. Which US state...

Sep 02, 2026 · Staff
Originally on Wedgetail
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UN charts course to manage global warming-limit breach

UNEP’s detailed 'overshoot, peak and decline' pathway seeks to hold the peak as low as possible and then bring temperatures back down below the 1.5°C ...

Sep 02, 2026 · Staff
Originally on Wedgetail