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Saudi Aramco will seek to manage rapid industry change

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SAUDI ARABIA

Yet this follows a government directive that the company cancel increases in its maximum sustainable capacity (MSC) of crude oil production from 12 million barrels per day (b/d…

EU-US trade tensions look set to persist

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EU/US

Both are committed to tackling global overcapacity in steel and aluminium and to promoting sustainable production, but divergent views on China and trade regulatory mechanisms to…

US partnership will strengthen Vietnam’s balancing act

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VIETNAM

The United States thereby joined the small list of countries -- which includes China -- to have this level of diplomatic relations with Vietnam. Hanoi and Washington announced…

Brazil-France alliance may boost Amazon efforts

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BRAZIL

The four-year investment plan aims to support bio-economy initiatives, the creation of a carbon market and the preservation of Amazon indigenous communities and their knowledge…

Shipping is vulnerable to more severe disruption ahead

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INT

Shippers are being forced to take longer routes or pay higher insurance premiums, increasing costs, disrupting supply chains and absorbing the post-pandemic increase in shipping…

North Macedonian renewables policy will survive poll

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NORTH MACEDONIA

From a small base, more electricity is being generated from renewable energy sources (RES): 551 megawatts of installed capacity were licensed in the past two years. However…

EU sets out ambitious carbon management strategy

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EU

The proposals represent a major shift towards activism in the EU’s approach to Carbon Capture and Storage (CCS). Demand will come from storage sites and the production of…

Panama Canal woes will have local and global impacts

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PANAMA

The situation has sent policymakers scrambling to identify fixes, as shippers explore alternative routes and the country faces the loss of hundreds of millions of US dollars in…

China's global initiatives will evolve

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CHINA

The summit marked the tenth anniversary of the government’s flagship Belt and Road Initiative (BRI). Beijing revised the BRI’s emphasis from large-scale infrastructure projects to…

Prospects for climate diplomacy in 2024

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PROSPECTS 2024

The ‘global stocktake’ on the state of the climate, and discussions over loss and damage, will dominate debate. This will take place amid geopolitical strife and bitter…