Tag: oil

NIS Submits Official Request for Postponement of U.S. Sanctions

The Petroleum Industry of Serbia (NIS) has officially submitted a request for the postponement of sanctions to the Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury, the...

Shale as a New Potential in Kazakhstan’s Energy Sector

Kazakhstan has recently announced a completely new step in its energy sector – the launch of commercial shale exploitation. This is a method of oil extraction that differs from conventional practices. Shale,...

Strategies for Planet Preservation

Norway, a country known for its stunning natural beauty, rich cultural heritage, and very high standard of living, stands out with its high level of education, strong commitment to environmental protection, and...

The Battle for Dominance in Greenland – Are Energy Resources and the Arctic Path Shaping the Issue?

The world’s largest island, Greenland, has recently been gaining increased attention due to political statements, especially those originating from the United States. While Greenland is a self-governing autonomous territory, it remains part...

UNEP Reports: Methane Leak Following Nord Stream Explosions Among Largest in History

Nord Stream refers to the underwater pipeline system transporting natural gas from Russia to Europe, spanning 1,200 kilometers beneath the Baltic Sea. This system directly connected Russian gas resources with European markets,...

Where will COP29 be held, and what dilemmas does it bring?

The United Nations Climate Change Conference in 2024 will be held in Azerbaijan. From November 11 to 22, global climate discussions will take place at the stadium in Baku, focusing on climate...

Why Recycling Is Not Enough to Fight Plastic

How often do we come across the topic of recycling daily? We read about it in the media, see symbols on packaging, and pass by recycling bins on the streets. For some...

Deep Underground Water Reservoir Discovered on Mars

Scientists from the University of California, Berkeley, have made a significant discovery using data from NASA's InSight research device. They found a massive reservoir of liquid water deep beneath the surface of...

How the Plane Turned Orange Due to Climate Change

That morning, before dawn, Jennifer Kowalski and Cole Macdonald found themselves at a celebrity private jet airport. While the security was dozing off, and no one thought to “take a look” at...

Financing the Energy Sector – The Debt-Equity Relationship

The answer to who holds the largest share of investments is corporations. However, households and governments also play a crucial role in this regard. Specifically, households have significantly increased their participation since...

Investment in Clean Energy This Year is Set to be Twice the Amount Going to Fossil Fuels

Despite pressures on financing, global investment in clean energy is set to reach almost double the amount going to fossil fuels in 2024, helped by improving supply chains and lower costs for...

Oil Spills Pose a Bigger Threat to Freshwater Ecosystems

Oil spills are a major environmental problem that occurs every year worldwide, affecting oceans, seas, rivers, and lakes. Although the world is familiar with the issues and changes in salt water, the...

Oil Demand Growing at a Slower Pace as Post-Covid Rebound Runs its Course

Global oil demand growoilth is currently in the midst of a slowdown and is expected to ease to 1.2 million barrels a day (mb/d) this year and 1.1 mb/d in 2025 –...

SLOVENIA – FORMATION OF CONSORTIUM FOR THE DEVELOPMENT OF HYDROGEN ECOSYSTEM FROM LOW-CARBON SOURCES

Eighteen Slovenian companies, organizations and municipalities have signed a consortium agreement stipulating the formation of a consortium that will deal with the development of a hydrogen ecosystem from low-carbon sources. Various criteria show...

CAN METHANE EMISSIONS MATCH CLIMATE GOALS BY 2030

Last year was marked by record-high methane emissions from the energy sector. However, the end of the year brought the United Nations Conference on Climate Change 2023 (COP28) and the pledges that...

HOW CAN SATELLITES AND ARTIFICIAL INTELLIGENCE REDUCE METHANE EMISSIONS?

Although it seems that in the fight against the climate crisis, the strongest focus is on reducing carbon dioxide emissions, last year's UN Conference on Climate Change showed that there is a...

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