The Trump administration has unveiled a proposal to permit oil and gas drilling in nearly all US waters. Environmentalists and many lawmakers, particularly in coastal US states, are sharply critical of the plan. For the oil industry, it’s a boon.
As a new offshore oil and gas exploration law comes into force in Romania, the EU nation's promise of becoming a key gas producer in Europe could be threatened. Not that Bucharest seems bothered.
Iran has vowed to skirt US sanctions and keep exporting oil. The US goal of cutting Iranian oil exports to zero is already being rolled back by reality.
The Trump administration has announced plans to vastly expand offshore drilling. But state governors and conservationists have vowed to defend coastal communities and marine life.
The world may not be able to make necessary changes in time to limit rapid global temperature rise, the UN climate panel has warned. Existing emissions must also be captured and stored. Norway thinks it has the answer.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version