EU Audit Reveals Deficiencies in Climate Change Transition Fund
Nov. 9, 2022, the European Court of Auditors released its report on the effectiveness of the European Union’s support for phasing out coal production.
Mexico and US Meet to Discuss Joint Climate Efforts
Mexico's president, Andrés Manuel López Obrador (AMLO) announced US support for advancing Mexico’s Sonora Plan on Monday. The latest of Mexico’s climate initiatives aims to capitalize on the potential of sustainable energy capacity in the coastal city of Puerto Peñasco, in the state of Sonora.
US Supports Saudi Arabia Against Potential Iranian Attack
The United States and Saudi Arabia have been on high alert since yesterday after Saudi officials reportedly discovered Iranian plans to attack the nation’s energy infrastructures.
Romania Strengthens its Energy Production With Joint Black Sea Project
On Wednesday, Oct. 19, 2022, the Romanian national gas producer Romgaz signed an agreement with the Azerbaijani state gas firm SOCAR to build multiple liquefied natural gas (LNG) facilities in the Black Sea.
OPEC African Members React to Cuts in Oil Exports
OPEC, the Organization of Oil Exporting Countries, will be cutting their oil exports by over two million barrels a day, a spokesman representing the organisation announced last Wednesday. OPEC is a coalition of fifteen nations that pools their oil resources in order to influence global prices, primarily by setting production quotas and export limits.
