Recent stories from sustg

MUST-READS

  • U.S. to end COVID-19 emergency declarations on May 11

    President Joe Biden's administration on Monday said it will end COVID-19 emergency declarations on May 11, nearly three years after the United States imposed sweeping pandemic measures to curb the spread of the illness. The COVID-19 national emergency and public health emergency (PHE) were put in place in 2020 by then-President Donald Trump. Biden has repeatedly extended the measures, which allow millions of Americans to receive free tests, vaccines and treatments.

  • U.S. Fightback In the Middle East Continues With Huge Chevron Deal

    Chevron, along with most notably ConocoPhillips, has been at the vanguard of a broad-based resurgence in the successful re-engagement of the U.S. in several highly strategic regions across the wider Middle East, including the Eastern Mediterranean. Chevron only entered the Egyptian upstream sector in 2020 but now operates the huge Leviathan and Tamar fields in Israel and the Aphrodite project offshore Cyprus. According to the president of Chevron International Exploration and Production, Clay Neff: “The East Mediterranean has abundant energy resources, and their development is driving strategic collaboration in the region.”

  • U.S. and Israel launch a massive joint military exercise to send a message to Iran and others

    About 6,400 U.S. personnel have joined 1,100 Israeli personnel for the exercise, which will employ 142 total aircraft. Of them, 100 aircraft are from the U.S. military, including four B-52 bombers, four F-35 fighter jets, 45 F/A-18 Hornet fighters and two MQ-9 Reaper drones. Six U.S. ships, including a carrier strike group, and six Israeli ships will also participate.

  • U.S. energy chief warns Republicans that oil bill would raise pump prices

    U.S. Energy Secretary Jennifer Granholm warned Republicans in a letter seen by Reuters on Wednesday that limiting President Joe Biden's authority to tap the nation's oil reserves would undermine national security, cause crude shortages and raise gasoline prices. Biden repeatedly tapped the Strategic Petroleum Reserve (SPR) last year to manage rising gasoline prices and supply disruptions caused by Russia's invasion of Ukraine. The sales shrunk the SPR to about 380 million barrels, the lowest level since 1984, raising concerns about energy security.

  • Saudi Arabia can bridge the gap between the U.S. and China, finance minister says

    Mohammed Al-Jadaan, Saudi Arabia’s finance minister, says Saudi Arabia can bridge the gap between the U.S. and China.

  • EU to counter game changing U.S. climate move with own law

    U.S. climate envoy John Kerry told a separate panel on financing the transition to a low carbon economy that the only way to avoid catastrophic damage caused by climate change was for governments and companies to spend big. "How do we get there? The lesson I have learned in the last years ... is money, money, money, money, money, money, money," Kerry said of what was needed for the world to stand any chance of meeting the Paris agreement goal of limiting global warming to 1.5 degrees Celsius above pre-industrial levels.

  • U.S. Ambassador Vacancies Undermine American Interests Abroad

    As Biden enters his third year in office, India is one of around two dozen countries that are still waiting for a U.S. ambassador—a sweeping issue that experts warn is detrimental to Washington’s bilateral relationships and the efficacy of U.S. foreign policy.

  • U.S.-Saudi ties are in flux as tensions over oil and security persist

    Gulf nations don't see it as being in their national interest to take sides in rivalries between the U.S. and other world powers, says Elham Fakhro, a Bahraini research fellow at Britain's University of Exeter. There's no upside for them in ostracizing Russia, for example, or losing out from trade benefits with China, whose leader Xi Jinping visited Saudi Arabia last month.

  • U.S. Supreme Court lets Meta’s WhatsApp pursue ‘Pegasus’ spyware suit

    The U.S. Supreme Court on Monday let Meta Platforms Inc's (META.O) WhatsApp pursue a lawsuit accusing Israel's NSO Group of exploiting a bug in the WhatsApp messaging app to install spy software allowing the surveillance of 1,400 people, including journalists, human rights activists and dissidents. The justices turned away NSO's appeal of a lower court's decision that the lawsuit could move forward. NSO had argued that it is immune from being sued because it was acting as an agent for unidentified foreign governments when it installed the "Pegasus" spyware.

  • U.S. Stock Market in 2022: Biggest Energy Winners

    2022 was an especially good year for energy companies on the S&P 500, with all companies in the industry finishing the year off in the green while the technology, communication services and consumer cyclical sectors predominantly sported red.