Tag Archives: Saudi Aramco

2026 Venezuelan oil is being used to counter BRICS momentum

Jan. 6, 2026 /Mpelembe Media/ —The term petrodollar refers to the global system where crude oil is priced and traded exclusively in U.S. dollars. This system has been a cornerstone of American economic and geopolitical power for over 50 years. As of early 2026, the petrodollar system is facing its most significant challenges since its inception, with major shifts in Venezuela and the Middle East reshaping the global energy landscape. Continue reading

14Mar/23

Climate ‘danger zone’

By Megan Rowling | Just Transition Editor

Climate scientists and government officials are gathered in Switzerland this week to agree the final summary for policymakers in the latest blockbuster series of reports from the Intergovernmental Panel on Climate Change (IPCC) on global warming and how to keep it in check.

Coming before an important review of global progress on climate goals at the end of this year, it doesn’t take a PhD to work out that the key message will be along the lines of “must do better”.
Continue reading