Post Tagged with: "UN"

Source: CNBC

Fossil fuel production ‘dangerously out of sync’ with global climate targets, UN warns

CNBC


LONDON — As world leaders prepare for one of the most important climate summits ever held, U.N.-backed research shows governments are collectively planning to extract far more fossil fuels than would be consistent with global climate targets.

The …

Trump administration begins formal US withdrawal from Paris climate agreement

Trump administration begins formal US withdrawal from Paris climate agreement

Los Angeles Times


The Trump administration gave official notice Monday that it will pull the United States out of the Paris climate accord, a long anticipated move and a significant step in America’s retreat as an environmental leader.

Trump administration begins formal U.S. withdrawal from Paris climate agreement - oil and gas 360

Despite the …

November 5, 2019 - 8:00 am Closing Bell Story‎, Energy News, People, Politics & Opinions
Iranian Tanker Sought by US Heading Toward Greece

Iranian Tanker Sought by US Heading Toward Greece

From The Houston Chronicle


An Iranian supertanker with $130 million worth of light crude oil that the U.S. suspects is tied to a sanctioned organization left Gibraltar and was heading east into the Mediterranean Sea on Monday, with its next …

Source: Citgo

Venezuela Faces the Loss of Citgo – and Desperately Needed Dollars

From The Houston Chronicle


Venezuela could lose its largest U.S. asset after a court allowed a Canadian gold miner to seize shares of Citgo Petroleum Corp.’s parent to satisfy an arbitration award.

A U.S. appeals court ruled on Monday that …

Flags of Inconvenience: Noose Tightens Around Iranian Shipping

Flags of Inconvenience: Noose Tightens Around Iranian Shipping

From Reuters


Somewhere on its journey from the waters off Iran, around Africa’s southern tip and into the Mediterranean, the Grace 1 oil tanker lost the flag under which it sailed and ceased to be registered to Panama. Iran later …

‘Floating Bomb’: Decaying Oil Tanker Near Yemen Coast Could Soon Explode, Experts Warn

‘Floating Bomb’: Decaying Oil Tanker Near Yemen Coast Could Soon Explode, Experts Warn

From CNBC


An abandoned and decaying oil tanker near the coast of war-torn Yemen could soon rupture or explode, the United Nations (UN) has warned, potentially triggering one of the world’s largest oil spills.

The deserted Safer FSO tanker, which …

EU’s Early Ratification of Paris Climate Agreement Upends Trump Plan to “Cancel It”

EU’s Early Ratification of Paris Climate Agreement Upends Trump Plan to “Cancel It”

President Trump likely would ignore it, President Clinton would champion it

The European Union approved a fast-track ratification of the Paris climate change agreement yesterday, less than a year after it was signed in Paris, upending a Donald Trump promise …

How’s it Going at COP21?

How’s it Going at COP21?

Canada shocks COP21 silly

Canada surprised attendees and negotiators at the climate talks in Paris on Sunday by calling for a more ambitious target for cutting greenhouse gases than the UN’s own 2-degree target, the National Observer reported.

“Canada’s Environment …