Indonesia Suspends 190 Mining Permits Over Rehabilitation Failures

Indonesia suspended 190 coal and mineral mining permits due to failure to meet rehabilitation and production obligations, amid a global rise in thermal coal shipments driven by demand from China, Japan, and South Korea. Meanwhile, New Zealand faces a crisis in government-backed science funding, with significant cuts to key research funds impacting climate change research and raising concerns about the future of important scientific proposals. The US LNG industry is experiencing rapid expansion but risks oversupply and rising domestic power prices, potentially exposing vulnerabilities across the value chain. In Iraq, oil exports have increased following the easing of OPEC+ production cuts, signaling shifts in global oil markets alongside ongoing legislative efforts in the US to sanction Russian energy and limit its shadow fleet. Additionally, Indonesia plans to allow private fuel retailers to import gasoline amid shortages, reflecting broader regional energy supply adjustments. These developments highlight the dynamic and interconnected challenges facing global energy markets, climate research funding, and geopolitical energy policies.