Brazil has officially joined OPEC+, the coalition of major oil-exporting nations, marking a significant shift in its energy policy just months before hosting the United Nations' annual climate summit.
A New Jersey judge dismissed the state's climate lawsuit, ruling only federal law governs emissions. The lawsuit accused ExxonMobil, Shell, Chevron, BP, ConocoPhillips, and the API of misleading the public on fossil fuels and climate change.
President Donald Trump wasted no time dismantling key policies from the Biden administration, rescinding 78 of Biden’s executive actions on Monday night. The sweeping order reverses a range of initiatives on diversity, border policy, and climate regulations that defined Biden’s presidency.
Following the swearing-in, President Trump promptly initiated a series of executive actions aimed at reversing several policies from the previous administration.
Incoming officials in President-elect Donald Trump’s administration are reportedly crafting a sanctions strategy aimed at expediting a resolution to the Russia-Ukraine conflict. According to Bloomberg, the plan includes options to pressure Moscow while managing global oil market stability amid existing sanctions on major producers like Russia, Iran, and Venezuela.
Saudi Energy Minister Prince Abdulaziz bin Salman announced Monday that the Kingdom plans to produce "yellowcake," a uranium concentrate used as fuel for nuclear power plants, and to enrich and sell uranium globally. The statement, made at an energy conference, highlights Saudi Arabia’s ambitions to expand its nuclear program and diversify its economy beyond oil.
President Joe Biden delivered a speech at the State Department on Monday, reflecting on his foreign policy achievements as his presidency enters its final week.
