Tag #Global Energy Market

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theglobeandmail.com
🌐 85% Global Worthiness
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Trump's Tariffs on India Double, Creating Opportunity for Canada

President Trump's new 25% tariff on Indian imports, effective August 27th, doubles the existing tariff to 50%, straining US-India relations amidst India's continued purchase of Russian oil, creating opportunities for Canadian oil exports.

Progress

40% Bias Score

Reduced Inequality
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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China's Energy Self-Sufficiency Rises Above 80 Percent

China's energy self-sufficiency rate increased to over 80 percent in 2024 due to a rise in domestic oil and gas production exceeding 400 million metric tons of oil equivalent, reducing reliance on oil imports to 71.9 percent; this was driven by 390 billion yuan ($53.7 billion) in investments by majo...

Progress

40% Bias Score

Affordable and Clean Energy
mk.ru
🌐 85% Global Worthiness
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OPEC+ Defies Low Prices, Plans Gradual Production Increase from April 2025

OPEC+ surprisingly agreed on March 5th to gradually increase oil production from April 2025, defying low prices and market expectations; this move aims to counter potential US market dominance and maintain OPEC+'s market share, despite impacting Russia's budget.

Progress

44% Bias Score

Affordable and Clean Energy
bbc.com
🌐 85% Global Worthiness
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US Oil Sanctions Squeeze Iran and Russia

US sanctions targeting Iranian and Russian oil exports, impacting their shadow fleets and major buyers like China and India, have caused global oil shortages and price spikes; Russia exports roughly 7.33 million barrels daily, while Iran exports around 1.7 million barrels daily, with a significant p...

Progress

36% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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New U.S. Sanctions on Russian Oil: IEA Predicts Market Surplus Despite Supply Chain Disruptions

The International Energy Agency (IEA) reported on Wednesday that new U.S. sanctions on Russian oil could disrupt the country's oil supply chains, potentially tightening the global market; however, the IEA still projects a market surplus in 2025 due to supply growth exceeding demand growth, with non-...

Progress

36% Bias Score

Climate Action
kathimerini.gr
🌐 85% Global Worthiness
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Slowdown in Global Renewable Energy Investment

Global renewable energy investment growth slowed to 10.7% in 2024, down from an average of 20% since 2020, due to rising costs, grid constraints, and the high profitability of fossil fuels, impacting projects such as the cancelled Hornsea 4 wind farm; China remains an exception, increasing investmen...

Progress

40% Bias Score

Affordable and Clean Energy
forbes.com
🌐 85% Global Worthiness
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Altrad Group: From Scaffolding to €6 Billion Energy Empire

Mohed Altrad, a computer scientist, transformed a near-bankrupt French scaffolding company into the €6 billion Altrad Group by 2025 through diversification, strategic acquisitions (92 subsidiaries by 2025), and a focus on the energy sector, demonstrating resilience during economic downturns.

Progress

56% Bias Score

Decent Work and Economic Growth
us.cnn.com
🌐 85% Global Worthiness
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Trump's Oil Policy: A Mismatch Between Production and Refineries

President Trump's energy policy prioritizing domestic oil use is challenged by the fact that the US produces mostly light crude oil while its refineries are designed for heavier crude, mainly imported from Canada; a proposed 10% tariff on Canadian oil could disrupt the system, increasing gas prices.

Progress

44% Bias Score

Affordable and Clean Energy
bbc.com
🌐 85% Global Worthiness
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Trump's Plan for US Energy Dominance: Challenges and Uncertainties

Donald Trump plans to boost US oil production by 15% and increase LNG exports, challenging Russia and Saudi Arabia by easing regulations, expediting licensing, and developing infrastructure, despite potential issues with domestic gas prices and global demand.

Progress

44% Bias Score

Climate Action
es.euronews.com
🌐 85% Global Worthiness
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US Imposes Sweeping Sanctions on Russia's Oil Sector

The Biden administration imposed extensive sanctions on Russia's oil sector, targeting major companies, opaque traders, and 183 vessels, aiming to curb oil exports and further isolate Russia economically; this caused a 3.5% spike in WTI crude and a 2.9% increase in Brent crude.

Progress

48% Bias Score

Peace, Justice, and Strong Institutions

Showing 1 to 10 of 10 results