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Paris Climate Change agreement passes key threshold

UNITED NATIONS (AP) — Thirty-one countries formally joined the Paris climate change pact Wednesday, bringing the total number of countries ratifying the treaty to 60 and raising hopes that it will enter into effect by the end of the year. The number is higher than the 55-country threshold needed for the treaty to enter into force. But because together those ...

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Swiss traders blame governments for dirty fuel in Africa

West Africa, dirty petrol, sulfur

LAGOS, Nigeria (AP) — Swiss commodity traders accused of deliberately blending toxic fuel and dumping it in West Africa say African governments are to blame for low standards and failure to invest in refineries and newer vehicles to lower exhaust emissions that cause respiratory and other diseases. “What is very clear is that the role of improving fuel quality in ...

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Damage to Great Barrier Reef costs ship owner $30 million

Great Barrier Reef, Australia

CANBERRA, Australia (AP) — The Australian government reached a 39.3 million Australian dollar ($29.6 million) settlement with the owners of a Chinese coal carrier to pay for environmental damage caused when the ship ran aground on the Great Barrier Reef six years ago, the environment minister said Monday. The government had sued Shenzhen Energy Transport for at least AU$120 million ...

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Oil prices hit by downward revision to global oil demand

global oil production

LONDON (AP) — Oil prices took a pounding Tuesday after a leading industry group said global oil demand growth is slowing by more than previously thought, largely because of a more pronounced economic slowdown during the third quarter of the year. In its September oil market report, the Paris-based International Energy Agency reduced its forecast for global demand growth to ...

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Iceland hosts energy branding conference Sept. 19-21

Blue Lagoon, geothermal spa

The electricity market has moved from regulation to competition meaning that consumers have an added influence. The most effective way of communicating with them is through a well-designed, strong brand. This is opening up new opportunities, both for the utilities and the customers. All marketing efforts need to rely on strong brand work to be efficient and effective. CHARGE – The World’s First Energy Branding ...

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Cyprus, Egypt sign deal paving way for gas pipeline

Cyprus, gas deal

NICOSIA, Cyprus (AP) — Cyprus and Egypt signed an agreement Wednesday that paves the way for the supply of gas to the Arab nation via an undersea pipeline that officials hope will create a regional energy hub. Cypriot Energy Minister Yiorgos Lakkotrypis and Egypt’s Petroleum Minister Tarek el-Molla said the deal sets the political framework for additional commercial agreements that ...

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Mexico wonders why its president is meeting with Trump

Mexico, Trump

MEXICO CITY (AP) — President Enrique Pena Nieto awoke to a storm of criticism from Mexicans over his decision to meet Wednesday with Republican presidential candidate Donald Trump, who is widely reviled in Mexico for referring to its migrants as “rapists” and criminals. Former first lady Margarita Zavala, herself a potential presidential candidate, aimed a tweet at Trump, saying: “Even ...

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Report: Iran detains Greek national for smuggled oil tankers

oil tanker, Iran, smugglers

TEHRAN, Iran (AP) — An Iranian state-run daily is reporting that authorities in Tehran have detained a Greek national they accuse of embezzling money from smuggled oil and selling three oil tankers for $100 million. The report on Thursday in the IRAN newspaper suggests the Greek national was involved in smuggling Iranian crude oil while economic sanctions were imposed over ...

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