Chevron can resume key role in Venezuela’s oil output, exports

WASHINGTON/HOUSTON, Nov 26 (Reuters) – Chevron Corp on Saturday received a US license allowing the second-largest US oil company to expand its production in Venezuela and bring the South American country’s crude oil to the United States. The decision grants broader rights for the last big US oil company still operating in US-sanctioned Venezuela. However, … Read more

US prepared to authorize Chevron to boost Venezuela’s oil output

US ready to allow oil giant to produce, sell Venezuelan oil Chevron is owed billions in unpaid debts by state-run PDVSA US aims to shift Venezuelan oil sales from shadow firms HOUSTON, Nov 23 (Reuters) – Chevron Corp could soon win US approval to expand operations in Venezuela and resume trading its oil once the … Read more

COP27 delivers climate fund breakthrough at the cost of progress on emissions

COP27 climate summit ends after marathon weekend negotiations Final deal delivered on creating historic climate finance fund Negotiators say some blocked tighter emission targets SHARM EL-SHEIKH, Egypt, Nov 20 (Reuters) – Countries closed this year’s UN climate summit on Sunday with a hard-fought deal to create a fund to help poor countries being battered by … Read more

COP27 nears breakthrough on climate finance in scramble for final deal

Countries studying details of new draft agreement Delegates herald possible breakthrough on loss and damage EU prepared to exit talks without positive outcome Some nations want firmer goals on long-term action SHARM EL-SHEIKH, Egypt, Nov 19 (Reuters) – Negotiators at the COP27 climate summit in Egypt neared a breakthrough deal on Saturday for a fund … Read more

Exclusive: US blocks more than 1,000 solar shipments over Chinese slave labor concerns

Nov 11 (Reuters) – More than 1,000 shipments of solar energy components worth hundreds of millions of dollars have piled up at US ports since June under a new law banning imports from China’s Xinjiang region over concerns about slave labor, according to federal customs officials and industry sources. The level of seizures, which has … Read more

African nations tell COP27 fossil fuels will tackle poverty

African countries say the rich world has yet to shift to renewables Say need to end fuel poverty Energy crisis linked to Ukraine war has shifted priorities SHARM EL-SHEIK, Nov 10 (Reuters) – African nations must be allowed to develop fossil fuel resources to help lift their people out of poverty, governments said at the … Read more

Teenager’s defiance sums up Ukraine’s resilience amid Russian onslaught

Defiant Ukrainians despite Russian attacks on infrastructure Millions of people go without power, some also without water Sociologists see no sign of resolve to fight Russia is weakening War now into ninth month, tough winter looms MOSHCHUN, Ukraine, Nov 9 (Reuters) – In a village devastated by Russia’s abortive assault on nearby Kyiv in March, … Read more

COP27: Polluters must pay for climate change, poor nations tell rich

Island nations call for global carbon tax ‘While they are profiting, the planet is burning’ Fears grow for jailed hunger strikers in Egypt SHARM EL-SHEIKH, Egypt, Nov 8 (Reuters) – Leaders from poor countries criticized wealthy governments and oil companies for driving global warming, using their speeches on Tuesday at the COP27 climate summit in … Read more

Mexico succession puts scientist on the path to be the first woman president

Sheinbaum favored by Lopez Obrador, aides say She would be Mexico’s first female president Women rising rapidly in Mexican politics Sheinbaum has made progress on crime in Mexico City MEXICO CITY, Nov 3 (Reuters) – The most historic legacy of President Andres Manuel Lopez Obrador, a left-leaning nationalist resource who casts his administration as a … Read more

France, Spain and Portugal agree to build Barcelona-Marseille gas pipeline

MADRID/BRUSSELS, Oct 20 (Reuters) – Spain, Portugal and France said on Thursday they will build a sea-based pipeline to carry hydrogen and gas between Barcelona and Marseille, replacing plans to extend the so-called MidCat pipeline across the Pyrenees that France opposed. The route, dubbed BarMar, will mainly be used to pump green hydrogen and other … Read more