Although the Federal Reserve and the European Central Bank’s message regarding interest rate cuts seems clear, reiterating their commitment to reducing inflation, the market is expecting between five and six interest rate cuts, between 125 and 150 basis points, […]
The nonprofit Global Witness investigated lithium mining projects in Zimbabwe, the Democratic Republic of Congo, and Namibia, which appear to reproduce the same model of extractivism that has impoverished African countries for centuries. In March, […]
News|Business and Economy Argentina has announced that it will not join the BRICS bloc of developing economies, fulfilling a campaign promise by newly elected far-right President Javier Milei who has pledged to pursue closer ties […]
CNBC Oil prices are set to end 2023 about 10% lower, the first annual decline in two years, after geopolitical concerns, production cuts and global measures to rein in inflation triggered wild fluctuations in prices. […]
World Oil (WO) – QatarEnergy has announced a five-year crude oil supply agreement with Shell International Eastern Trading Company, Singapore (Shell). Source: World Oil The agreement stipulates the supply of up to 18 MMbbl per […]
Oil Price OPEC could potentially face further loss of market share in early 2024 following the recent departure of Angola, weakening demand and rising output by non-OPEC producers, Reuters claims, based on its own calculations. […]
Gazprom may once again become the only gas supplier to Moldova if the latter can secure a better price from the Russian energy giant than it can on supplies from the EU, Moldovan Energy Minister […]
Russia and Iran have reportedly agreed to avoid the dollar in bilateral trade and use their own currencies instead. The move is seen as part of the de-dollarization trend among nations to shift away from […]
(WO) – Ellipsis U.S. Onshore Holdings LLC has acquired additional assets located in multiple basins onshore the U.S. Ellipsis acquired non-operated oil and gas assets with current production of more than 6,000 boed (2-stream) and […]
A coalition of state attorneys general has filed a lawsuit against the Biden administration’s emission performance measures for state Departments of Transportation and metropolitan planning organizations. On Dec. 21, attorneys general for 21 states filed […]
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