To date, the runaway growth of the Artificial Intelligence agency has proven itself to be all but ungovernable. As the technology has taken over the tech sector like wildfire, regulators have been largely impotent to stay ahead of its spread and evolution. Questions about the reach and responsibility of Artificial Intelligence are being bandied around,...

Mexico is scouring the U.S. and Asian fuel markets for more imports of gasoline and diesel in 2024 and 2025 as the country’s newest refinery is struggling to start up, several traders have told Reuters. The Olmeca refinery, also known as Dos Bocas, is a flagship project of outgoing Mexican President Andrés Manuel López Obrador, who sought to reduce...

In the evolving global energy landscape, renewable sources are becoming increasingly cost effective. Even without subsidies, renewables are often the cheapest option available. This chart, created by Visual Capitalist's Selin Oguz and Ryan Bellafontaine, in partnership with the National Public Utilities Council, shows which electricity sources are the...

Even as independent Chinese refiners have reduced the intake of Iranian crude amid low refining margins, China has continued to import near-record levels of Iranian oil this year as a new demand center emerged in the northeast of the country, Reuters reported on Friday, quoting trading sources and tanker-tracking firms. The port city of Dalian, which...

European Commission President Ursula von der Leyen has announced that the European Union will send Ukraine 1.5 billion euros ($1.63 billion) that represent revenues from Russian assets frozen by the 27-member bloc. "Today we transfer 1.5 billion in proceeds from immobilized Russian assets to the defense and reconstruction of Ukraine," von der Leyen...

Even as independent Chinese refiners have reduced the intake of Iranian crude amid low refining margins, China has continued to import near-record levels of Iranian oil this year as a new demand center emerged in the northeast of the country, Reuters reported on Friday, quoting trading sources and tanker-tracking firms. The port city of Dalian, which...