Europe
EU will face supply shortages after Russian oil ban - Bloomberg
1 month ago | By RT
New refineries in the Middle East are reportedly facing delays
With a looming ban on the supply of Russian petroleum products, the European Union needs to find alternative sources for its future fuel imports, which might be quite challenging, Bloomberg reports.
The media outlet indicated on Friday that three new refineries in the Middle East could go a long way towards helping the EU replace 600,000 barrels a day of Russian diesel, but these have faced numerous delays. None of them are yet at full capacity and there could be even more holdups, according to the report.
“To replace Russian...
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New California oil well ban put on hold for voters to decide
1 month ago | By Chron
SACRAMENTO, Calif. - California's new law banning new oil and gas wells near homes, schools and other community sites has been put on hold until after voters decide next year whether to throw it out, officials announced Friday.
Opponents of Senate Bill 1137 gathered more than 623,000 valid voter signatures to put a referendum on the Nov. 5, 2024, general election ballot, California Secretary of State Shirley N. Weber announced.
The challenge means the law, which took effect in January, will be on hold until after voters decide.
The bill, which was signed into law by Gov. Gavin Newsom last...
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