Fatih Birol, Executive director of the International Energy Agency (IEA), warned Thursday that Europe has “maybe six weeks or so” of remaining jet fuel supplies, the Associated Press (AP) reports.
The 32 member countries of the International Energy Agency unanimously agreed Wednesday to release 400 million barrels of oil from their emergency reserves, the largest coordinated stock release in the agency’s 52-year history.
The International Energy Agency has proposed the largest release of oil reserves in its history to bring down crude prices that have soared during the U.S.-Israel war with Iran, the Wall Street Journal reported Tuesday.
All eyes turn to the international energy markets as multiple cargo ships were attacked in the critical Strait of Hormuz supply chain chokepoint off the coast of Iran, while leaders of the world’s major economies are set to meet later today to discuss the largest ever release of emergency oil reserves.
Global use of coal climbed to a record high as the energy crisis in Europe saw some supposedly ‘green’ countries forced to burn coal.
Over two-thirds of Millenials and Generation Z in the UK would prefer to live under a socialist economic system than the free market system.
Targets set by Public Health England to cut the sugar in confectionary could see some sweets disappear off the shelves altogether, a think tank has warned, saying the move could constitute “the largest extension of state control over the British diet since rationing”.
The only reason I write articles attacking the irrefutable science of “climate change” is that I am paid such vast sums to lie. Besides the stupendous salary I get from Breitbart News, I also receive generous retainers from the oil industry and the tobacco industry, which, for reasons of crass right-wing ideology or crude economic self-interest, require me to churn out propaganda stories, day in day out, insisting that global warming is a myth.
Sky-high sin taxes on meat have been branded “inevitable” in Britain after a study asserted that the move could “save hundreds of thousands of lives” as well as helping stop climate change.
Leading Brexiteers have backed a new Brexit plan launched Monday by a free-market think-tank, as reports suggest the majority of the cabinet now want a trade deal with the European Union over Theresa May’s “soft” Brexit plan.
In 2015, more than 190 nations signed the Paris Climate Agreement. By doing so, these nations pledged to cut or cap their greenhouse gas emissions—primarily carbon dioxide from burning fossil fuels—to prevent global average temperatures from rising two degrees Celsius above pre-industrial levels.
China is investing massively in fossil fuel energy – not just at home but across the world, such as this project in the former Yugoslavia.
If Britain leaves the European Union all its protected wildlife – newts and bats especially – will be mercilessly slaughtered, surfers and swimmers will drown in raw sewage and the air will become so toxic that birds will drop dead out
British Prime Minister David Cameron opened up a new front in his battle for re-election as he pledged the UK would have the highest employment rate in the G7. Speaking at a press conference in Ipswich, the Prime Minister committed
A Welsh MP has called for hairdressers to be officially regulated, to avoid “unscrupulous” and “incompetent” traders. Nia Griffith, Labour MP for Llanelli, raised the issue in a debate in Parliament on Wednesday, saying she was “quite shocked” hairdressers do
