Manila has suspended oil and gas exploration in the South China Sea (SCS), Philippine President Rodrigo Duterte's spokesman said Wednesday, as it tries to strike a deal with Beijing on a joint energy project.Drilling off the Philippines was allowed to resume in October 2020 when Duterte – who has taken a softer approach than his predecessor to Beijing's claims over most of the waterway – lifted a 2014 moratorium.It was hoped that Duterte's decision would fast-track talks with B

Wind and solar generated 10 percent of global electricity for the first time in 2021, a new analysis shows.50 countries get more than a tenth of their power from wind and solar sources, according to research from Ember, a climate and energy think tank.As the world's economies rebounded from the COVID-19 pandemic in 2021, demand for energy soared.Demand for electricity grew at a record pace. This saw a surge in coal power, rising at the fastest rate since 1985.

The decision by many multinational corporations to exit Russia, after decades of engagement between global business and Russia’s state-dominated economy, indicates that investors can no longer rely on the regime to enforce the rule of law. Russian President Vladimir Putin, once regarded as a modernizing autocrat, is now clearly driven by personal obsessions rather than any rational cost-benefit calculation.

Aung Gyi is forced to fish covertly under the shroud of night in western Myanmar waters as China bids to transform the strategically key region into a shipping and industrial hub, squeezing out locals who fear being left behind in the gold rush.Myanmar has declared Rakhine state, associated by many worldwide with the military’s 2017 bloody crackdown on Rohingya Muslims, open for business – but locals fear they are being left out of the gold rush as new rules restrict traditional practises.Pad