New Zealand to Reverse Oil and Gas Exploration Ban This Year
New Zealand said on Monday it would pass laws by the end of this year to reverse a ban on offshore oil and gas exploration, and take urgent steps to remove regulatory hurdles to import LNG amid energy shortages.The law would end the ban, in place since 2018, on exploration outside onshore Taranaki, an energy-rich region on the country's North Island as the right-of-centre government plans to lure investment to the country's oil and gas sector.Prime Minister Christopher Luxon said severe shortage
Sounion Still on Fire After Houthi Attack
The Greek-flagged ship Sounion has been on fire since Aug. 23 after an attack by Yemen's Houthis with no obvious signs of an oil spill, EU Red Sea naval mission Aspides said in a post on X on Monday.The EU mission published photos dated Sunday showing fire and smoke coming out of the vessel's main deck.Houthis, who control Yemen's most populous regions, said on Thursday that they attacked the Sounion oil tanker in the Red Sea.
Report: Bayesian Captain Officially Under Investigation
Italian prosecutors will investigate the captain of the superyacht belonging to British tech magnate Mike Lynch that sank off Sicily last week during an intense storm, killing Lynch and six other people, Italian media reports said on Monday.Reuters was not able to independently verify the decision. Being placed under investigation in Italy does not imply guilt and does not mean formal charges will necessarily follow.James Cutfield…
- 1
- 2
