Photo: Freepik Deep beneath Utah’s desert soil, an oil drill bored through the Earth at a blistering pace earlier this spring. Gnarly looking drill bits tore through granite at around 300 feet per hour. It was done after just 16 days. The borehole, completed in April, stretches nearly 3 miles toward the center of the Earth,…
Photo: MUMBAI (Reuters) -India’s exports are increasingly vulnerable to climate-linked risks, with over two-thirds of outbound shipments exposed to tightening net-zero regulations in major markets, a study by Net Zero Tracker, a coalition of research groups at the University of Oxford, showed on Thursday. In 2024-25, India exported goods and services worth $824.9 billion, according…
Foto: Freepik El país asiático avanza en un segmento estratégico que promete transformar el mapa del abastecimiento global, con efectos directos en rutas, actores y cadenas vinculadas al gas licuado. En un contexto internacional atravesado por tensiones comerciales, presión deflacionaria y nuevas estrategias energéticas, se estima que los astilleros chinos alcanzarán en 2025 una cifra récord de entregas de buques para el…
Photo: Freepik The renewable energy sector was rocked by Senate Republicans’ advancement of President Donald Trump’s massive tax and spending bill. Proponents of clean energy claim that the bill, as it stands now, is a worst-case scenario. They claim that it could halt the nation’s energy transition and jeopardize billions of dollars in investments. The industry was…
Photo: Freepik The massive tax and spending cut bill that Congress passed Thursday ends federal tax incentives for electric vehicles. Buyers have until Sept. 30 to qualify for the federal tax credits on EVs before they are terminated. But experts say there are still strong financial reasons to consider buying the vehicles even without those incentives. Before…
Photo: Freepik Congress passed a massive tax and spending cuts package Thursday that curbs billions of dollars in spending across clean energy. That means people will be paying a lot more for home solar, energy efficiency and other green technologies — and the nation’s efforts to address climate change just got a lot more challenging.…
Photo: Freepik Gas prices are hovering near their lowest summer level in four years as millions of people ready themselves to hit the roads over the Fourth of July holiday weekend. The national average for a gallon of gas on Thursday stood at $3.16, which amounts to a nearly 10% decline from a year ago, AAA data showed. Gas prices…
Photo: Freepik Russia’s revenues from oil sales in June 2025 fell to a two-year low amid a decline in global crude prices. In addition, the strengthening of the ruble meant that each barrel was bringing the Kremlin fewer and fewer rubles, Bloomberg reports. According to Bloomberg calculations based on published data from Russia’s Ministry of…
Photo: Freepik Hundreds of workers could lose their jobs after the manufacturing and chemicals giant Sabic announced the closure of its site in north-east England. The Saudi Arabian firm, one of the world’s largest petrochemical manufacturers, will shut its Olefins 6 cracker plant in Wilton, Teesside, after 46 years of it operating. The exact number…
