DOHA/DUBAI: Qatar’s energy minister warned on Tuesday the “worst is yet to come” for Europe’s oil and gas shortages, saying a warm winter had prevented greater difficulties in recent months. Saad Al-Kaabi and his Saudi counterpart […]
The BRICS alliance is looking to create a new currency to settle international trade and dethrone the U.S. dollar from its global status. If the new BRICS currency gains the trust of other countries, the […]
Russia has called a visit by the world’s biggest warship, the USS Gerald R Ford aircraft carrier, to Oslo in Norway an “illogical and harmful” show of force at a time of heightened tensions. In […]
Microsoft on Wednesday warned that a Chinese state-sponsored hacking group – “Volt Typhoon” has compromised “critical” US cyber infrastructure across several industries – including manufacturing, construction, maritime, government, information technology and education. The group, […]
In March 2023, three renewable energy players—Conjuncta from Germany, Infinity from Egypt, and Masdar from the United Arab Emirates—signed an agreement with Mauritania’s government to develop a colossal green hydrogen project in the country, worth […]
Seven months after explosions severed three of Russia’s four Nord Stream gas pipelines in the Baltic Sea, German investigators are now pursuing leads that point to Ukraine as the responsible country. At the same time, […]
MOSCOW, May 23 (Reuters) – Gazprom’s net profit fell more than 40% to 1.226 trillion roubles ($15.77 billion) last year due to a tax hike in the second half of the year, the Russian energy […]
The major new gas pipeline being planned will run along a 2,000-kilometre corridor via Oman and UAE through the Arabian Sea and into India. The presence of such a pipeline could also lead to vital […]
At least 17 shipments by eight different tankers have delivered more than 16 million barrels of Iranian oil to Syria over the past six months, according to publicly available data. The “ghost tankers” have docked […]
Authored by Haley Zaremba via OilPrice.com, As tensions between the U.S. and China continue to escalate, the importance of the Middle East for these two superpowers is only growing. China is heavily dependent on energy […]
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