Thousands of tonnes of oil were leaked when the two mid-sized vessels ran aground in bad weather near the contested Kerch Strait; Yellen warns the US could still hit 'dark fleet' vessels or banks with sanctions
Trafigura attributed the majority of debts owed by its counterparty in the country, Lex Oil, but its own internal probe is ongoing to try to locate around $500 million.
China may seek to buy US food and energy in a trade deal with Trump to avoid new tariffs, but cutting the flow of fentanyl may also be a factor, analysts say
The US continues to impose sanctions on foreign companies for crimes, such as a mass cyberattack described as potentially deadly, plus Burmese firms aiding the Myanmar military's bombing of civilians
Exports of plug-in hybrids and conventional hybrids accounted for 18% of China's total vehicle sales to Europe. That was double their 9% share in the first quarter.
Critics said a handful of oil producers fought efforts at UN talks in Korea to cut plastic production and were only willing to act on plastic waste
The Russian central bank moved on Thursday to stop foreign buying of the ruble in the domestic market after the currency slipped to its lowest since March 2022
Countries pledge to target food and other waste, as the waste sector is responsible for about 20% of methane stemming from human activity.
China’s announcement last week on ending export tax rebate means exporters of affecting products — ranging from aluminium to used cooking oil — will look to pass on the resulting extra costs
Vaulted Deep has raised $32 million of venture capital funds to expand its operations that use oil industry technology to flush carbon-containing waste down wells
The bulk of this year’s emissions are from burning coal, oil and gas and scientists say they don't see a sign of fossil fuel emissions peaking yet
New fee announced at COP29 aims to deter methane emissions, but incoming president Donald Trump – a climate sceptic – is expected to scrap it