RUSSIA

Heat pump installations are rising rapidly across the globe. There's still work to be done, experts say.

The leaders of Saudi Arabia and Russia used a rare face-to-face meeting to urge oil producers to stick to pledged supply cuts, a joint statement said Thursday.

COP28 may become the first-ever international climate summit to commit to eventually phasing out oil and gas.

An OPEC+ delegate told Reuters about Brazil's plans to join the international oil cartel. The government didn't confirm the report.

OPEC+ will reportedly expand existing production cuts; oil prices are up as a major climate summit gets underway.

India sourced 70% of its 57 million tonne metallurgical coal imports from Australia in FY 2022. However, this year, by November, the imports have dropped to 50%.

OPEC+ pushed its November meeting back by four days in a possible sign of disunity in the oil cartel.

Pakistan's newly appointed ambassador to Russia Muhammad Khalid Jamali confirmed Islamabad's plans to join the group under Russia's presidency in 2024.

Member countries of OPEC+ have collectively reduced their operational oil capacity by 5.2 million barrels per day in 2023, constituting approximately 5% of global oil production.

The Indian minister said global oil prices would have surged if India had also gone to the same suppliers that Europe had approached.

Oil production and demand are both on the rise, according to the IEA, marking a contrast from the organization's "peak oil" proclamation in October.

A key natural gas facility resumes production as energy providers in Egypt breathe a sigh of relief.

The joint exercise by the Chinese and Pakistani navies commenced a day after the U.S. and India had a "2+2" ministerial dialogue, where they shared concerns about Beijing's increasing military assertiveness in the region.

India is the third-biggest oil importer and consumer in the world. More than 85% of its requirement is dependent on imports, and crude oil makes up about one-third of the country's overall imports by value.

US Secretary of State Antony Blinken is visiting key regional ally South Korea on Thursday for talks set to focus on security, as North Korea ramps up military cooperation with Russia.

The UK's National Crime Agency (NCA) on Wednesday issued a red alert to the financial sector warning that Russia was using gold to evade sanctions imposed after it invaded Ukraine.

The International Seabed Authority meets this week in Jamaica to discuss allowing the beginning of large-scale deep sea mining.

An announcement could come in the next few weeks, the Reuters news agency reported.

With the war between Israel and Hamas raging, a UN humanitarian official urged the Security Council on Tuesday to "not lose focus" on Ukraine, especially as another brutal winter looms.

The librarian scans the shelves and quickly picks out a few works -- Orwell, Sorokin, Dostoevsky -- the authors she thinks can best help cast some light in a dark time for Russia.

South Korea, Japan and the United States "strongly condemn" North Korea supplying arms to Moscow, the allies said in a joint statement Thursday, adding that "several" such deliveries have been made by Pyongyang.