In October, the White House eased sanctions that it had been imposing on the Venezuelan energy sector since 2018 in a bid to stabilise oil prices and support the South American country in improving its economy. The agreement to ease sanctions was made on the assurance that President Nicolas...
A year or two ago, it looked likely that the U.S. would drop its sanctions on Iran as the two powers expected to agree on a new nuclear deal. However, neither side has been able to agree on the terms of a potential deal, which has left them at...
Today, the Securities and Exchange Commission (SEC) – Wall Street’s regulatory body, adopted new rules aimed at enhancing and standardizing climate-related disclosures by public companies and in public offerings. The organization made the ruling in response to investor demands to be provided with consistent, comparable, and reliable information about...
Following the Russian invasion of Ukraine and subsequent sanctions on Russian energy, the U.S. has increased its oil and gas production, as well as strengthened supply chains to overcome the shortage of other energy products. However, it still relies heavily on Russia for the uranium it needs to power...
Although there is no formal definition of Environmental, Social, and Governance (ESG) criteria, it is widely accepted as a system to mitigate risks and impact a company's corporate interests. Many companies have implemented ESG strategies as a means of adhering to internal and external pressures from stakeholders.
Over time, ESG...
The U.S. has big plans to export its growing LNG supplies following a major boost in production over the last two years. It has seen demand for its natural gas grow in response to global shortages following the Russian invasion of Ukraine and subsequent sanctions on Russian energy. In...
Since the introduction of the Inflation Reduction Act (IRA), the most far-reaching climate policy in the U.S. to date, the U.S. has stolen Europe’s title as the forerunner in green energy. Strong climate pledges supported by meaningful policies have put the U.S. way ahead of the competition when it...
Thanks to reduced coal use and successful decarbonization schemes, the U.S. saw a
significant fall in its carbon emissions last year, suggesting it is achieving its aim for an
accelerated green transition. Following the introduction of the Inflation Reduction Act (IRA)
in the summer of 2022, the U.S. has attracted high levels...
Environmentalists and the state governments have been fighting to get abandoned oil wells
plugged for decades without avail. Although the situation has improved in recent years,
thanks to improved efforts by oil and gas companies and both state and federal funding,
there continues to be an abundance of oil wells across the...
Just like in 2023, the 28th Conference of Parties (COP28) has wrapped up. This year’s summit represented a pivotal moment for the energy transition. Naturally, the world’s largest climate conference was crammed with critical discussions on the state of climate, industry, energy, and the impact of global emissions.
Now that...
