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* Oil & Gas * Natural Gas * Environment * LNG * Pollution * Wind Farms * BRITISH MEDICAL PROFESSIONAL CONFESSES TRYING TO ELIMINATE MOM'S PARTNER WITH FAKE COVID JAB A British doctor on Monday pleaded guilty to an adventurous but unsuccessful plot to eliminate his mom's partner with a phony COVID19 vaccine, which involved him creating medical documents and wearing disguise to inject his victim with toxin. Thomas Kwan, 53, passed himself off as a nurse and even took his own mom's high blood pressure before administering poison to her partner Patrick O'Hara in Newcastle, northern England. O'Hara made it through but struggled with necrotising faciitis, a. possibly fatal flesh-eating bacterial infection, after. getting the jab, prosecutors said. Kwan, a family physician in Sunderland, pleaded guilty to. tried murder * Israel ISRAELI SOLDIERS ELIMINATE PALESTINIAN BOY IN WEST BANK CONFLICTS, HEALTH MINISTRY SAYS * EQUINOR PURCHASES 9.8% STAKE IN ORSTED VALUED AT $2.5 BLN Norway's Equinor stated on Monday it has actually bought a 9.8% stake in Danish renewable energy group Orsted valued at around $2.5 billion, making it the 2nd largest shareholder after the federal government of Denmark. Orsted's share cost increased on the news, trading 2.8% greater at 1028 GMT, while Equinor's shares fell by 2.3%. Orsted did not right away react to an ask for remark. Equinor said it had a long-lasting viewpoint on the investment but did not strategy to raise its stake beyond 10%. This is a counter-cyclical financial investment in a leading designer, and a premium portfolio of * Mineral Resources COPPER DEMAND FOR ELECTRIC CARS IS UNDAMAGED, TRADER IXM STATES * HEDGE FUND ELLIOTT LOSES APPEAL VERSUS TERMINATION OF LME NICKEL SUIT Hedge fund Elliott Associates on Monday lost an appeal against the termination of its suit versus the London Metal Exchange over billions of dollars of cancelled nickel trades. The LME suspended trading and annulled $12 billion in nickel sell March 2022 when prices shot to records above $100,000. a metric ton in a few hours of chaotic trade. Elliott took legal action against the LME at London's High Court and its case was. dismissed in November 2023. Elliott's quote to reverse that. decision was rejected by the Court of Appeal on Monday. Judge Stephen Males ruled that the severe price * Mining GOLD STEADIES AS RALLY SLOWS ON EXPECTATIONS OF SMALLER UNITED STATES RATE CUT Gold rates held steady on Monday, off recent record highs as the market anticipated a smaller sized interest rate cut by the U.S. Federal Reserve next month, while traders awaited inflation data this week for additional clues on policy reducing. Area gold was around $2,651.48 per ounce by 0940 GMT, off a record peak of $2,685.42 hit on Sept. 26. U.S. gold futures edged up about 0.2% at $2,671.70. The market now waits for minutes of the Fed's last policy conference and data for the U.S. Customer Rate Index and Manufacturer Price Index this week. This week's CPI information is * COPPER UNDER PRESSURE AHEAD OF CHINA STIMULUS INSTRUCTION PETROBRAS CONFIRMS MAGNITUDE OF GAS DISCOVERY IN COLOMBIA Wind Farms FIRST TURBINE BLADE FOR SOFIA OFFSHORE WIND FARM SEES THE LIGHT OF DAY RWE has unveiled the first 108-meter turbine blade, made at the Siemens Gamesa factory in Hull, which will form part of 100 offshore wind turbines, each rated at 14 MW, set for operation at Sofia offshore wind farm.On target for completion towards the end of 2026, the 1.4 GW Sofia offshore wind farm will be capable of generating enough renewable electricity to power the equivalent of approximately 1.2 million typical... * Environment PHILIPPINES, SOUTH KOREA ENHANCE DEFENCE COOPERATION, UPGRADES TIES TO TACTICAL PARTNERSHIP * Environment DEBT SERVICE CONCERN FORCING BAD TO MAKE DIFFICULT CHOICES, UN OFFICIAL STATES * Mining MAJOR DEALS IN INDIA'S CEMENT SECTOR BECAUSE ADANI GROUP'S ENTRY IN 2022 * Electric Utilities POLISH BILLIONAIRE'S CHILDREN GOT RID OF FROM BOARD OF ENERGY ZE PAK * Oil & Gas US DIVIDEND ETFS BASK IN INVESTOR ATTENTION AFTER JUMBO FED RATE CUT U.S. exchangetraded funds (ETFs) that purchase dividendpaying stocks have actually taken pleasure in a rush of inflows since the Federal Reserve began its rate cutting cycle last month, though a dive in U.S. Treasury yields could slow the deluge of financier funds. The group of 135 U.S. dividend ETFs tracked by Morningstar pulled in $3.05 billion in September, the same month the Fed cut rates of interest by 50 basis points, its first reduction given that 2020. That compares to average monthly inflows of $424 million in the first eight months of 2024. The pivot in financial policy translates into * BANKS, MINERS LIFT AUSSIE SHARES; RIO TINTO SLIPS AFTER ARCADIUM BID * Energy Markets RUSSIAN ROUBLE DAMAGES, SUPPORT GOTTEN OUT OF GREATER FOREX SALES OIL & GAS SUBSTANTIAL RUSSIAN FUEL DEPOT BLAZE PUT OUT, DRONES STRIKE NEAR UKRAINE BORDER Firemens put out a huge blaze at a fuel depot in Russia's Ural mountains on Friday, and a series of drone strikes were reported in locations close to the Ukrainian border, among which likewise began a little fire at a. fuel depot. The emergency situations ministry said it was still investigating the. cause of the fire in the Perm area, which remains in the Ural. mountains 1,500 km (950 miles) away from the Ukrainian fight. zone. Individually, Russia's Defence Ministry said in a. statement that its air defences had shot down or intercepted 18. Ukrainian drones overnight, consisting of six... 7 & I TO START SALE OF BULK STAKE IN SUPERMARKETS BY YEAR-END, NIKKEI STATES Japan's 7 & & i Holdings strategies to look for purchasers for a majority stake in its supermarket businesses, including its flagship ItoYokado, with the procedure to begin as early as completion of this year, Nikkei organization daily reported on Friday. The retail chain wishes to sell the businesses to overseas investment funds, to name a few possible buyers, the Nikkei reported without pointing out sources. It may reveal the plan at an earnings statement on Oct. 10, the newspaper stated. A Seven & & i spokesperson, responding to the Nikkei report, said: It is not something officially announced by... OIL PRICES LITTLE CHANGED AS MIDDLE EAST CONFLICT, SUFFICIENT SUPPLY OUTLOOK WEIGH Oil costs were little altered on Friday, however stayed on track for strong weekly gains, as financiers weighed the prospect of a broader Middle East conflict interrupting crude circulations against an amply supplied worldwide market. Brent unrefined futures ticked down 8 cents, or 0.1%, to $ 77.54 a barrel as of 0415 GMT. U.S. West Texas Intermediate unrefined futures were down 6 cents, or 0.08%, to $73.65 a. barrel. Both benchmarks were headed for weekly gains of about 8%. Bearish bets on oil have actually found some room to relax this. week amidst mounting issues over possible supply disruptions in.... 7 & I EXPLORING SALE OF RETAIL, SUPERMARKET SYSTEMS, BLOOMBERG STATES Japan's 7 & & i Holdings has approached private equity funds and other parties about a potential sale of its ItoYokado stores and grocery stores, Bloomberg News reported, citing individuals familiar with the matter. Based on earnings multiples, the sale value might reach 320 billion yen ($ 2.19 billion), Bloomberg said, mentioning among the sources. That follows a report on Thursday that Seven & & i is considering selling part of its 7 Bank system. A 7 & & i representative, responding to the report, said: It is not something officially revealed by our business, and we do not talk... BIDEN DECREASES PUBLIC SETTLEMENT ON ISRAEL'S STANCE ON IRANIAN OIL SITES Democratic U.S. President Joe Biden said on Thursday he will not negotiate in public when asked if he had prompted Israel not to attack Iran's oil facilities. WHY IT'S IMPORTANT Israel has actually been weighing options to react to Tehran's. ballistic missile attack on Tuesday. The U.S. said then it would. deal with Israel to make certain Iran faced severe consequences. Biden previously in the day added to a surge in worldwide. oil rates when he said Washington was discussing strikes on. Iran's oil centers. A U.S. authorities later on said Washington. does not believe Israel has decided yet how... PETROBRAS' PRICING STRATEGY AVOIDS HANDING DOWN MARKET VOLATILITY, CEO SAYS Brazilian staterun oil company Petrobras has actually had the ability to provide Brazilians with rate stability in spite of market volatility triggered by an escalation of the dispute in Middle East, its top executive said on Thursday. In an interview with Reuters, CEO Magda Chambriard said Petrobras' business method allows it to provide competitive prices compared to other supply alternatives and alleviate global market volatility. Brent crude futures, among the variables kept an eye on by Petrobras to specify its fuel rates to suppliers, surged 5%. on Thursday to $77.62 per barrel, as concerns installed that a. broadening regional conflict... TOP RATED NEWS * FIRE BREAKS OUT AT OIL DEPOT IN CRIMEA, AUTHORITIES APPOINTED BY RUSSIA SAY * MORNING BID ASIA-MARKETS MULL POTENTIAL UNITED STATES 'NO LANDING' * IRAN'S OIL MINISTER CHECK OUTS OIL EXPORT TERMINAL AS ISRAELI STRIKE FEARED * IRAN LEADER KHAMENEI, RIFLE AT HIS SIDE, VOWS RESISTANCE VERSUS ISRAEL * OCTOBER RUSSIAN URALS OIL RATES TRADES $5/BBL ABOVE COST CAP AS BRENT RALLIES, ESTIMATIONS SHOW NATURAL GAS Natural Gas BP DROPS OIL OUTPUT TARGET IN TECHNIQUE RESET, SOURCES STATE BP has abandoned a. target to cut oil and gas output by 2030 as CEO Murray. Auchincloss scales back the firm's energy shift strategy to. restore investor self-confidence, three sources with understanding of the. matter said. When revealed in 2020, BP's technique was the sector's most. enthusiastic with a promise to cut output by 40% while quickly. growing renewables by 2030. BP scaled back the target in. February last year to a 25% reduction, which would leave it. producing 2 million barrels each day at the end of the decade, as. financiers focused on near-term returns rather than the energy.... Oil & Gas Exploration OIL AND NATGAS FIRM INFINITY NATURAL APPLIES FOR UNITED STATES IPO Oil and natural gas developer Infinity Natural Resources is pursuing a going public in the United States after nearly doubling its earnings in the very first half of the year, a filing from the company revealed on Friday. Backed by financial investment companies Pearl Energy Investments and NGP Capital, Infinity will aim to note on the NYSE. Its filing comes days after shares of gas producer BKV started trading. Infinity is poised to enter the public market at a strong financial position, bolstered by a recent surge in oil costs as worries of a wider conflict in the Middle East... Natural Gas UNITED STATES FTC ENABLES CHEVRON-HESS OFFER, BARS JOHN HESS FROM BOARD The U.S. Federal Trade Commission allowed Chevron's $53 billion purchase of Hess Corp on Monday, in an order that disallowed Hess CEO John Hess from Chevron's board. The FTC's order leaves Exxon Mobil's difficulty to the deal, which is anticipated to stretch deep into next year, as its final difficulty. The proposed merger included a Chevron board seat for Hess when it was first revealed last October, and the FTC sent a. second details demand to Chevron 2 months later on. Hess had actually interacted publicly and privately with members of. the Company of the Petroleum Exporting Countries (OPEC). group... Crude Oil BP SCOUTS FOR OPPORTUNITIES IN INDIA, TO HOLD BOARD MEETING Worldwide energy significant BP said on Wednesday it is holding a board meeting in India today, as it searches for more opportunities in the country. India, the world's third-biggest oil importer and consumer, wants to rapidly raise its oil and gas output, which has actually been stagnant for several years. In June, the government had stated that the country's top expedition business Oil and Natural Gas Corp was seeking a technical tie-up with a worldwide oil significant to enhance production from its western overseas Mumbai High fields. We see growing organization chances, including through our first-rate partnership with Dependence, producing... Natural Gas UNITED STATES DRILLERS CUT OIL AND GAS RIGS FOR 5TH WEEK IN SIX, BAKER HUGHES STATES U.S. energy firms today resumed cutting the variety of oil and gas rigs after including rigs recently, with the count falling for a 5th week in 6, energy services firm Baker Hughes said in its carefully followed report on Friday. The oil and gas rig count, an early indicator of future output, fell by two to 588 in the week to Sept. 20. > the overall rig count down 42 rigs, or 7%, below this time last year. Baker Hughes stated the variety of oil well was the same at 488 today, while gas rigs fell by one to 96.... Energy Markets EU TO SEND 160 MILLION EUROS FROM FROZEN RUSSIAN ASSETS TO UKRAINE The amount of 160 million euros from the proceeds of frozen Russian assets will be allocated to meet Ukraine's immediate humanitarian needs for this winter, European Commission President Ursula von der Leyen said on Thursday. Russia has knocked out about 9 gigawatts (GW) of Ukraine's. energy infrastructure, which von der Leyen stated was the power. equivalent of the three Baltic states. On top of the money injection, the EU will aid with repair work. and additional exports. The International Energy Agency stated on. Thursday that Ukraine might face a shortfall of 6 GW this winter. as peak electricity demand boosts.... Climate Change EUROPE'S BRAND-NEW ENERGY COMMISSIONER HANDLES HOUSING ALONG WITH FUEL The European Union's recently revealed Energy Commissioner will for the first time have the job of leading an EU housing division as well as handling more common duties, such as seeking to lower fuel prices and implement green policy. Dan Jorgensen, named on Tuesday by Commission President Ursula von der Leyen as part of her brand-new group, is a previous EU parliamentarian and a climate leader in his native Denmark, which has a track record of linking energy and energy-efficient housing policy. As commissioner, his challenges include helping to implement the EU's enthusiastic Green Offer to try to keep the... Natural Gas NEW ORLEANS BRACES FOR TYPHOON FRANCINE; EVACUATIONS PURCHASED Cyclone Francine threatened New Orleans and the wider Gulf Coast as far east as the Alabama and Florida verge on Wednesday, closing down a quarter of oil and gas production in the Gulf while parishes across Louisiana issued evacuation orders. Louisiana Governor Jeff Landry stated a state of emergency in anticipation of the storm that was because of make landfall just west of New Orleans on Wednesday afternoon, caution of torrential rains, damaging winds, and possible twisters. U.S. President Joe Biden likewise stated a federal state of emergency for the state in order to speed up any needed relief or... Refined Products US DIESEL FUTURES STRUCK 3-YEAR LOW AS OIL SELLOFF DEEPENS AS NEEDED CONCERNS U.S. ultralow sulfur diesel futures fell to a threeyear short on Tuesday, dragged down by concerns of weak financial activity which have likewise deepened a selloff in the wider oil market. ULSD futures traded on the New York Mercantile Exchange fell 3.6% to settle at $2.06 a gallon, the lowest since August 2021. U.S. crude futures fell 4.3% to end at $65.75 a barrel, their lowest considering that December 2021. WHY IT IS VERY IMPORTANT Indications of weak financial activity in the U.S. and China, the leading oil customer and top importer, respectively, have actually weighed greatly on oil and... Crude Oil RUSSIA RAISES PROJECTION FOR 2024 OIL, GAS EXPORT PROFITS BY $17.4 BLN, DOCUMENT SHOWS Russia's economy ministry has modified up its 2024 projections for export sales of oil and gas, secret sources of spending plan revenues, by $17.4 billion from the previous quote to $239.7 billion thanks to a more favorable rate outlook, a document seen showed. The enhanced expectations for Russia's oil and gas company highlight how the West has actually had a hard time to cause lasting damage on Russia's economy through unmatched sanctions, consisting of oil rate caps and import restrictions, over Moscow's war with Ukraine. The file showed that Russian crude oil exports are seen rising to 239.9 million metric... Crude Oil OPEC+ NEARING ARRANGEMENT TO DELAY OIL OUTPUT WALKING, SOURCES STATE OPEC+ is nearing a contract to delay an oil output increase arranged to begin in October after oil prices struck their lowest in nine months, 2 sources from the producer group told Reuters on Thursday. The move comes as oil costs have been falling together with other asset classes on issues about a weak worldwide economy and particularly soft data from China, the world's most significant oil importer. It is likely that the countries will act to balance the marketplace by delaying the boost, one the sources said. The second source stated OPEC+ was nearly there on getting an contract.... Natural Gas NORWAY LOOKS FOR TO END ENVIRONMENT INJUNCTION AGAINST 3 OILFIELDS Norway's federal government will ask an appeals court on Wednesday to raise injunctions against developing three oil and gas fields, part of a wider effort by Oslo to reverse an earlier decision revoking their licenses on ecological premises. A lower court ruled in January that Norway's energy ministry failed to totally assess the climate impact from the future usage of the fields' oil and gas, so-called scope three emissions, in a. suit brought by Greenpeace and its partner Nature and Youth. At that time, the court likewise purchased short-term injunctions. versus the development of the 3 fields called Yggdrasil,. Tyrving... ENVIRONMENT Environment FLORIDA READIES FOR SIGNIFICANT TYPHOON MILTON, STILL REELING FROM HELENE Florida prepared on Sunday for its biggest evacuation given that 2017 as Typhoon Milton intensified in the Gulf of Mexico on its path towards the U.S. state's western coast, coming on the heels of the devastating Cyclone Helene. Milton, which strengthened from a tropical storm to typhoon on Sunday, was forecasted to make landfall on Wednesday as a major hurricane, most likely hitting near the populous Tampa Bay area, the U.S. National Cyclone Center stated. The new typhoon was anticipated to affect areas already hit hard by Helene, which made landfall additional north on Sept. 26. Kevin Guthrie, director of... Nuclear Power KAZAKHSTAN VOTES ON WHETHER TO CONSTRUCT VERY FIRST NUCLEAR PLANT K azakhstan began voting in a referendum on Sunday on whether to construct its very first nuclear reactor, an idea promoted by President KassymJomart Tokayev's federal government as the Central Asian country seeks to phase out contaminating coal plants. The strategy has actually dealt with public criticism on issue over any associated threats, the Soviet nuclear testing legacy, and worries that Russia will be involved in the task. I have actually pertained to the conclusion that the decision to build the nuclear reactor, and to build it with (Russian state nuclear firm) Rosatom, has already been made in (Tokayev's. workplace)... Environment KAZAKHSTAN VOTES ON WHETHER TO CONSTRUCT VERY FIRST NUCLEAR PLANT Kazakhstan votes in a. referendum on Sunday on whether to develop its very first nuclear power. plant, an idea promoted by President KassymJomart Tokayev's. government as the Central Asian country looks for to phase out. contaminating coal plants. The plan, however, has dealt with public criticism due to the fact that of its. threats, the Soviet nuclear testing legacy, and fears that. Russia will be associated with the task. I have come to the conclusion that the decision to build. the nuclear power plant, and to develop it with (Russian state. nuclear firm) Rosatom, has actually already been made in... * Environment EU PROBES INTO CHINESE AIDS AND IMPORTS * Power Markets AREA RATES COMPANY ON DECREASING WIND GENERATION * Environment ROMANIA RAISES $225 MLN IN DEBUT GREEN SAMURAI BONDS * Climate Change SEVERE DROUGHT ISOLATES AMAZON COMMUNITIES IN BRAZIL * Environment ALMOST HALF OF CUBA WITHOUT POWER AS BLACKOUTS DEEPEN * Nuclear Power GERMAN WIND SUPPLY EXPECTED TO MORE THAN DOUBLE ON MONDAY * Environment ECJ GUIDELINES EU-MOROCCO TRADE DEALS VOID IN WESTERN SAHARA * Environment CLIMATE INVESTMENT FUNDS EYES $1 BLN TO ASSIST GREEN INDUSTRIES LNG OSAKA GAS INTENDS TO KEEP ANNUAL LNG DEALING WITH VOLUME AT 11.5 MLN Japanese city gas provider Osaka Gas intends to keep annual handling volume of liquefied gas at 11.5 million metric heaps in the financial 2030 year, an executive said on Thursday. One of Japan's most significant LNG purchasers, Osaka Gas stated on Tuesday it had signed a preliminary long-lasting contract with UAE's ADNOC for the delivery of as much as 800,000 metric tons per year of the super-chilled fuel. Its LNG handling volume, including imports for its own demand, wholesale and trading, stood at 11.5 million lots in financial 2023 that ended on March 31 this year versus 3.5 million tons... JAPAN'S J-POWER PARTNERS WITH AUSTRALIA'S CARBON CAPTURE DESIGNERS Japanese energy Electric Power Advancement (JPower) has signed a joint study contract with 2 Australian carbon capture and storage designers, deepC Store and Azuli, for a tactical partnership, they said on Wednesday. The 2 Australian companies have actually been awarded 2 greenhouse gas assessment allows, or GHG acreages, in the Bonaparte and Browse Basins, some 200-250 km off Australia's. Northwest coast. Through the collaboration, the 3 companies aim to. advertise a project to record carbon dioxide (CO2) discharged. in Japan, Australia and the surrounding area and store it in. Australia, they stated in a declaration. J-Power plans to end up... SEMPRA FACILITIES'S COSTA AZUL LNG PROJECT DELAYED BY LABOR PROBLEMS, COMPANY STATES Sempra Infrastructure's. Energia Costa Azul LNG export project in Mexico has actually been even more. delayed by labor and productivity difficulties that will enhance the. expense of the task, the business said on Tuesday. Sempra Facilities, a system of the energy giant. Sempra, has actually been constructing the very first phase, a 3.5. million-metric ton per annum (MTPA) melted gas train. for the LNG export job in Mexico. The facility will offer it. direct gain access to from Mexico's Pacific coast to feed LNG markets in. Asia. We are actively engaged with our specialist to advance the. job, and we'll... OWNER OF NEW SINGAPORE EXCHANGE ABAXX CONCURS DEAL WITH MINEHUB Abaxx Technologies Inc. , which owns a new Singaporebased commodities. exchange, has actually sealed a strategic partnership with. Canadianlisted MineHub Technologies Inc, the. companies stated on Thursday. Under a share exchange deal, Abaxx will acquire 10.9% of. MineHub, a joint statement stated. On June 28, Abaxx Exchange started selling liquefied. gas (LNG) and carbon futures, but postponed the launch of. its contract for nickel sulphate. Abaxx had initially planned to release the world's very first. futures contract for nickel sulphate at the exact same time as the. other 2 contracts. MineHub, which has actually digitised trade financing and logistics in.... PRODUCT STREAMS AT RISK SHOULD TRUMP SPARK TIT-FOR-TAT TRADE WAR: RUSSELL Much of the dispute surrounding the ramifications of a possible 2nd U.S. presidential term for Republican Donald Trump has focused on what may take place to the U.S. and international economies. Trump's plan to impose tariffs of 10% on virtually all imports into the United States, and as much as 50% on those from leading trading partner China, have actually raised the spectre of greater inflation and rates of interest, and a less competitive market. However for products, the larger danger of a Trump return to the White House is the reaction the remainder of the world is likely to... AUSTRALIA'S WOODSIDE ENERGY TO BUY US LNG DEVELOPER TELLURIAN FOR $1.2 BLN Energy manufacturer Woodside Energy has consented to purchase U.S. melted natural gas developer Tellurian, including its U.S. Gulf Coast Driftwood LNG export project, for $1.2 billion consisting of financial obligation, the Australian company said on Monday. The arrangement might reinforce the position of the U.S. as the world's largest producer of the superchilled gas by protecting the completion of Tellurian's 27.6 million metric ton per annum center in Lake Charles, Louisiana. The deal includes the $900 million cash purchase of impressive Tellurian common stock at $1 per share, Woodside said in a declaration, representing more than a 75% premium to... TOP RATED NEWS * DUTCH SEE INCREASE IN RUSSIAN LNG IMPORTS, URGE FURTHER SANCTIONS * US REGULATORS ALL RIGHT PRIMARY STEP TO START PLAQUEMINES LNG PLANT IN LOUISIANA * EUROPE GAS-PRICES RISE ON COOLER WEATHER FORECAST * GOLDEN PASS LNG ASKS US REGULATOR FOR 3-YEAR EXTENSION TO COMPLETE BUILDING * INDONESIA GREEN LIGHTS ENI GAS PROJECTS POLLUTION Pollution UNITED STATES SUPREME COURT TO HEAR NUCLEAR WASTE STORAGE DISPUTE The U.S. Supreme Court settled on Friday to choose whether the Nuclear Regulatory Commission has the authority to accredit hazardous waste storage centers following a judicial ruling that upended decades of practice by stating it does not. The justices used up appeals by President Joe Biden's. administration and a company that was granted a license by the. NRC to construct a waste storage center in western Texas of the. lower court's ruling. The license was challenged by the states. of Texas and New Mexico, as well as oil market interests. The Supreme Court will hear arguments in the case in... Energy Markets CZECHS LOOK FOR PARTNERS TO CHALLENGE EU'S CO2 GOALS FOR VEHICLE SECTOR The Czech Republic will look for European Union partners to help it compete with harder EU CO2 emission guidelines next year, Transport Minister Martin Kupka and the country's primary sector lobby said on Friday. The EU will decrease a cap on average emissions from new automobiles sales to 94 grams/km from 116g/km. Surpassing that cap could lead to fines of 95 euros ($ 104.80) per excess CO2 g/km increased by the variety of vehicles sold. The car industry is the Czech Republic's greatest sector, contributing around 9% of the nation's GDP, and has warned of shrinking competitiveness as emissions limitations... Pollution INDIA'S TOP COURT PULLS UP AUTHORITIES OVER AIR QUALITY AS FARMERS BURN CROP RESIDUE India's Supreme Court asked authorities on Thursday to report back within a week on what they were doing to stop farmers from burning crop residue as smog began to pollute the air in the capital Delhi and surrounding regions, regional media reported. Farmers in the northern states of Punjab, Haryana and Uttar Pradesh burn crop bristle after rice is gathered around October to clear the fields before planting wheat crops. The smoke contributes to a harmful smog that swallows up Delhi, often making it the world's most polluted capital ahead of winter season as calm winds and lower temperatures trap... Pollution VOLKSWAGEN'S TRUCK UNIT TRATON PREPARES TO INCREASE PROFITABILITY BY 2029 Volkswagen's truck unit Traton set out fiveyear targets throughout its Capital Markets Day on Tuesday, as it anticipates to gain from the shift towards electrification and prepares to raise the share of battery electric automobiles in its sales. European truckmakers require to increase the share of electric trucks in their sales by 50% to meet the European Union's carbon emissions reduction targets by 2030 or face stiff fines. Our brand names have future-proofed their product portfolio by buying the electrification of industrial lorries, Traton's CEO Christian Levin stated in a statement. Truckmakers have actually called for a quicker build-up of... Energy Markets EBAY WINS DISMISSAL OF US LAWSUIT OVER SALE OF DAMAGING PRODUCTS A federal judge dismissed a U.S. Department of Justice suit accusing eBay of breaching environmental laws by permitting the sale of numerous countless harmful items on its platform, including pesticides and devices to avert automobile contamination controls. U.S. District Judge Orelia Merchant in Brooklyn ruled on Monday that Section 230 of the federal Communications Decency Act, which protects online platforms from liability over user content, protected eBay from liability in the civil lawsuit. The judge said eBay's administrative and technical support to sellers does not materially contribute to the products' alleged unlawfulness and does not make the San Jose, California... Energy Markets MAJOR SPACES IN BETWEEN EU FARMING REWARDS AND GREEN OFFER OBJECTIVES, ECA STATES The European Court of Auditors evaluated the EU's reform of agriculture aids and discovered a noticeable space between farming rewards and the EU's. general green targets, the ECA stated in a report on Monday. European Union farming subsidies under the Typical. Agricultural Policy (CAP) are modified periodically and were so. again in 2021 after the EU Green Offer was revealed to help the. bloc meet its targets to deal with environment change. A key ECA finding is that the European Commission will not. be able to determine the contribution of farming to its. environment objectives based upon the hodge podge... Pollution EPA SHOULD ADDRESS FLUORIDATED WATER'S DANGER TO CHILDREN'S IQS, US JUDGE GUIDELINES A federal judge in California has ordered the U.S. Epa to enhance policies for fluoride in drinking water, saying the compound presents an unreasonable prospective threat to kids at levels that are currently normal nationwide. U.S. District Judge Edward Chen in San Francisco on Tuesday sided with numerous advocacy groups, finding the present practice of adding fluoride to drinking water materials to fight cavities provided unreasonable dangers for children's establishing brains. Chen said the advocacy groups had actually established during a. non-jury trial that fluoride postured an unreasonable threat of damage. adequate to need a regulatory reaction by the EPA... Carbon Emissions ITALY TO PRESENT PROPOSITION FOR EARLY EVALUATION OF EU COMBUSTION ENGINE RESTRICTION Italy will file an official proposal today to advance to next year a planned European Union evaluation of the bloc's restriction on the sale of new internal combustion engine automobiles from 2035, Market Minister Adolfo Urso stated on Monday. Italy's proposition will be talked about by its nationwide delegation of EU legislators on Wednesday, before being officially presented the following day at a meeting of EU market ministers, Urso said. Italy is among a group of EU countries pressing back versus the bloc's so-called Green Deal, led by the European Commission, to tackle climate modification and curb pollution, with Prime... Climate Change CALIFORNIA TAKES LEGAL ACTION AGAINST EXXON OVER GLOBAL PLASTIC POLLUTION California has submitted a. suit against oil giant Exxon Mobil over its declared. role in global plastic waste contamination, its attorney general. revealed on Monday. Speaking at an occasion throughout Environment Week in New York City City,. California Chief Law Officer Rob Bonta stated the state took legal action against Exxon. after concluding an almost twoyear examination that he stated. revealed Exxon was intentionally misguiding the public about the. limitations of recycling. The examination mirrors California's previous probes into. the oil market's supposed efforts to misinform the general public about. climate change. Bonta said his workplace specifically desires details on.... Pollution WHY ARE NDCS CRUCIAL IN INTERNATIONAL ENVIRONMENT TALKS? On the planet's struggle to halt and reverse climate modification, nations regularly report on their strategies and development in lowering national levels of planetwarming carbon emissions. These strategies are called Nationally Determined Contributions, or NDCs for brief. WHAT IS AN NDC? A nation's NDC explains its national policies or decisions toward reaching net-zero emissions, and was upgraded every five years until delegates at the 2021 U.N. climate top, COP26, in Glasgow called for more regular updates every couple of years. Altogether, these reports help nations collaborate their environment policies action with one another. More right away, they can tell us... Pollution SOME 40% OF REGIONS, CITIES AND BUSINESS LACK EMISSIONS-CUT TARGETS, SURVEY SAYS More than 40% of significant business, cities and areas have still not set any targets to cut greenhouse gas emissions, according to an annual stocktake. launched on Monday to assess worldwide development in the fight against. catastrophic climate modification. While more governments and enterprises have actually released net-zero. pledges considering that last year, their attention has actually been even more. diverted by wars, elections and financial challenges, leaving a. significant dedication gap, said Net Zero Tracker, a union. of research groups at the University of Oxford. As nations prepare to submit brand-new 2035 environment targets to. the United Nations, policymakers... Pollution EU UNFALTERING AS COCOA SECTOR JOINS CALLS FOR LOGGING LAW HOLD-UP The European Commission stayed unfaltering on Thursday in the face of calls, this time from the bloc's cocoa sector, to delay its signature law prohibiting the import of items linked to deforestation, which enters result at the end of the year. In a letter to Commission President Ursula von der Leyen today, the European Cocoa Association (ECA) said carrying out the law end-December might have serious consequences for cocoa supplies, adding its voice to a growing chorus of calls from market and federal governments the world over. The EU Deforestation Regulation (EUDR) has been hailed as a. landmark in the... WIND FARMS Wind Farms A-O-S PUTS SECOND G-CLASS CTV TO OFFSHORE WIND SERVICE ON US EAST COST American Offshore Services (A-O-S) has deployed its hybrid-ready crew transfer vessel (CTV) to support the offshore wind industry on the U.S. East Coast.The M/V Generater CTV is the second vessel in the A-O-S’ G-Class series, which has been delivered from Metal Shark Boats in Louisiana.The G-Class vessels are designed to transport technical personnel and essential equipment to offshore wind farms, and have the capacity to accommodate 24 passengers.The vessel has been designed for future hybrid integration, according to A-O-S.“We are thrilled to deliver our second G-Class vessel, which has been serving the rapidly growing offshore wind industry on the U.S.... Wind Farms SKYBORN RENEWABLES BECOMES ØRSTED’S PARTNER IN TWO US OFFSHORE WIND FARMS Skyborn Renewables, a Global Infrastructure Partners (GIP) portfolio company, has completed the acquisition of a 50% stake in the Revolution Wind and South Fork Wind projects from U.S. utility Eversource Energy, becoming a joint venture partner in the offshore wind farms with Ørsted.Skyborn will manage the ownership of 50% in each of Revolution Wind and South Fork Wind projects, while Ørsted holds the remaining 50% stake in both projects.South Fork is the first operating utility scale offshore wind project in the U.S., while Revolution Windis one of the first fully permitted projects that has begun construction.South Fork Wind is a... Renewable Energy MACQUARIE WEIGHS SALE OF AMONG WORLD'S BIGGEST OFFSHORE WIND DESIGNERS, SOURCES SAY Australia's Macquarie has actually engaged advisors for a possible sale of its subsidiary Corio Generation, among the world's biggest offshorewind developers, two sources with knowledge of the matter said on Tuesday. Corio oversees a 30-gigawatt pipeline of overseas wind projects covering Europe, Asia-Pacific, and the Americas. It includes 5 GW of jobs throughout the UK such as West of Orkney in Scotland and Outer Dowsing off the east coast of England. Macquarie plans to evaluate interest from a handful of strategic and financial investors later on this year for a full or minority stake sale, said individuals, who spoke on... * Wind Farms ROVCO AND VAARST UNITE UNDER NEW BRAND BEAM * Wind Farms JACK-UP PLATFORM ENABLES ALL-WEATHER NACELLE MAINTENANCE * Wind Farms BEAM BOOSTS FLEET WITH TWO EXPLORER ASVS AND QUANTUM EV ROV * Wind Farms FIRST STEEL CUT FOR IJMUIDEN VER BETA HVDC OFFSHORE PLATFORM * Wind Farms JUMBO OFFSHORE WRAPS UP WORK AT TAIWANESE OFFSHORE WIND FARM * Wind Farms BEAM’S AI-DRIVEN AUV PUT TO WORK AT SCOTTISH OFFSHORE WIND FARM * Wind Farms DRAGADOS OFFSHORE ORDERS 10 LIEBHERR CRANES FOR NORTH SEA PLATFORMS * Wind Farms NEXANS PLANS $99M FACILITIES UPGRADE TO SUPPORT EUROPEAN OFFSHORE WIND * * * * * Latest News * Piracy * Terms © 2024 New Wave Media Int. All rights reverved We use cookies to improve your website experience. 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