A multibillion-dollar oil drilling and pipeline project is displacing thousands of people in Uganda and Tanzania, and ravaging pristine habitats. Environmentalists are fighting to stop it, but the governments are all in.
Tag: Oil (Petroleum) and Gasoline
Biden Administration Approves Willow Oil Project in Alaska, Officials Say
The administration also announced new limits on Arctic drilling in an apparent effort to temper criticism over the $8 billion Willow oil project, which has faced sharp opposition.
Inside One of the World’s Biggest Green Hydrogen Projects
Hundreds of billions of dollars are being invested in a high-tech gamble to make hydrogen clean, cheap and widely available. In Australia’s Outback, that starts with 10 million new solar panels.
Biden Administration Expected to Move Ahead on a Major Oil Project in Alaska
The decision would allow an enormous $8 billion drilling project in the largest expanse of pristine wilderness in the United States.
War in Ukraine Has Changed Europe Forever
No event has transformed the continent more profoundly since the end of the Cold War, and there is no going back now.
How Russia Is Surviving the Tightening Grip on Its Oil Revenue
Restrictions on Russia’s oil trade are raising the stakes in a protracted economic standoff that is reshaping the global energy market.
Pope Francis Visits South Sudan to Highlight Young Nation’s Troubles
The soaring hopes at South Sudan’s creation in 2011 have been cruelly dashed. Pope Francis arrived in the country on Friday and immediately offered blunt criticism of its leaders.
Administration Expected to Endorse Limited Drilling in Alaska Project
An environmental review expected soon would effectively signal that the Willow project proceed, according to people familiar with the report.
Russia Sidesteps Western Punishments, With Help From Friends
A surge in trade by Russia’s neighbors and allies hints at one reason its economy remains so resilient after sweeping sanctions.
IMF Upgrades Global Economic Outlook as Inflation Eases
The International Monetary Fund said the world economy was poised for a rebound as inflation eases.